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WA HB1552
Bill
Status
5/19/2025
Primary Sponsor
Strom Peterson
Click for details
AI Summary
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Increases the fee assessed on real estate broker and managing broker licenses from $10 to $20 for original licenses and renewals, adjusted to account for inflation
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Extends the expiration date of the license fee program from September 30, 2025 to September 30, 2035
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Fee revenue is deposited into the Washington real estate research account in the state treasury to fund the Washington Center for Real Estate Research
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The research center conducts studies on affordable housing, urban and rural economics, and provides education services to real estate licensees, consumers, and public agencies
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Effective date is July 27, 2025
Legislative Description
Extending the fee on real estate broker licenses to fund the Washington center for real estate research and adjusting the fee to account for inflation.
Last Action
Effective date 7/27/2025.
5/19/2025