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MS HB956

Bill

Status

Failed

3/12/2025

Primary Sponsor

Fred Shanks

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Extends the repeal date of maximum fee provisions for real estate broker and salesperson licenses from July 1, 2025 to July 1, 2028.

  • Maintains current maximum fees: $100 for broker license applications, $75 for partnership/association/corporate officer licenses, and $100 for salesperson license applications.

  • Keeps annual renewal fee caps at $75 for brokers and $60 for salespersons, with various additional fees for office changes, duplicates, and status changes not to exceed specified amounts.

  • Allows the Mississippi Real Estate Commission to establish actual fees up to the maximum limits specified in the statute.

  • Takes effect July 1, 2025.

Legislative Description

Real estate brokers; extend repealer on maximum license fees charged by MS Real Estate Commission.

Last Action

Died On Calendar

3/12/2025

Committee Referrals

Business and Financial Institutions2/17/2025
Business and Commerce1/17/2025

Full Bill Text

No bill text available