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MS SB2086

Bill

Status

Passed

3/12/2025

Primary Sponsor

Walter Michel

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Deletes the automatic repeal of application and licensure fees for real estate brokers and salespersons that was scheduled for July 1, 2025
  • Application fees for broker and salesperson licenses remain capped at $100.00, with no additional fee required upon passing the examination
  • Partnership and corporation officer broker licenses capped at $75.00; annual renewal fees capped at $75.00 for brokers and $60.00 for salespersons
  • Various other real estate license fees remain in effect, including fees for duplicate licenses ($50.00), office changes ($50.00), and status changes ($25.00-$50.00)
  • Effective date is July 1, 2025

Legislative Description

Real estate brokers; delete repealer on certain authorized fees.

Last Action

Approved by Governor

3/12/2025

Committee Referrals

Business and Commerce2/10/2025
Appropriations1/17/2025

Full Bill Text

No bill text available