Bill Text: IL SB2893 | 2015-2016 | 99th General Assembly | Engrossed

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Bill Title: Amends the Real Estate License Act of 2000. Removes the restriction that managing brokers and brokers can earn no more than 6 hours of continuing education credit in one calendar year.

Sponsorship: Bipartisan Bill

Status: (Engrossed - Dead) 2016-04-22 - Referred to Rules Committee [SB2893 Detail]

Download: Illinois-2015-SB2893-Engrossed.html

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AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Real Estate License Act of 2000 is amended
by changing Section 5-70 as follows:
(225 ILCS 454/5-70)
(Section scheduled to be repealed on January 1, 2020)
Sec. 5-70. Continuing education requirement; managing
broker or broker.
(a) The requirements of this Section apply to all managing
brokers and brokers.
(b) Except as otherwise provided in this Section, each
person who applies for renewal of his or her license as a
managing broker or broker must successfully complete 6 hours of
real estate continuing education courses approved by the
Advisory Council for each year of the pre-renewal period. In
addition, beginning with the pre-renewal period for managing
broker licensees that begins after the effective date of this
Act, those licensees renewing or obtaining a managing broker's
license must successfully complete a 12-hour broker management
continuing education course approved by the Department each
pre-renewal period. The broker management continuing education
course must be completed in the classroom or by other

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interactive delivery method between the instructor and the
students. Successful completion of the course shall include
achieving a passing score as provided by rule on a test
developed and administered in accordance with rules adopted by
the Department. No license may be renewed except upon the
successful completion of the required courses or their
equivalent or upon a waiver of those requirements for good
cause shown as determined by the Secretary with the
recommendation of the Advisory Council. The requirements of
this Article are applicable to all managing brokers and brokers
except those managing brokers and brokers who, during the
pre-renewal period:
(1) serve in the armed services of the United States;
(2) serve as an elected State or federal official;
(3) serve as a full-time employee of the Department; or
(4) are admitted to practice law pursuant to Illinois
Supreme Court rule.
(c) (Blank).
(d) A person receiving an initial license during the 90
days before the renewal date shall not be required to complete
the continuing education courses provided for in subsection (b)
of this Section as a condition of initial license renewal.
(e) The continuing education requirement for brokers and
managing brokers shall consist of a core curriculum and an
elective curriculum, to be established by the Advisory Council.
In meeting the continuing education requirements of this Act,

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at least 3 hours per year or their equivalent, 6 hours for each
two-year pre-renewal period, shall be required to be completed
in the core curriculum. In establishing the core curriculum,
the Advisory Council shall consider subjects that will educate
licensees on recent changes in applicable laws and new laws and
refresh the licensee on areas of the license law and the
Department policy that the Advisory Council deems appropriate,
and any other areas that the Advisory Council deems timely and
applicable in order to prevent violations of this Act and to
protect the public. In establishing the elective curriculum,
the Advisory Council shall consider subjects that cover the
various aspects of the practice of real estate that are covered
under the scope of this Act. However, the elective curriculum
shall not include any offerings referred to in Section 5-85 of
this Act.
(f) The subject areas of continuing education courses
approved by the Advisory Council may include without limitation
the following:
(1) license law and escrow;
(2) antitrust;
(3) fair housing;
(4) agency;
(5) appraisal;
(6) property management;
(7) residential brokerage;
(8) farm property management;

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(9) rights and duties of sellers, buyers, and brokers;
(10) commercial brokerage and leasing; and
(11) real estate financing.
(g) In lieu of credit for those courses listed in
subsection (f) of this Section, credit may be earned for
serving as a licensed instructor in an approved course of
continuing education. The amount of credit earned for teaching
a course shall be the amount of continuing education credit for
which the course is approved for licensees taking the course.
(h) Credit hours may be earned for self-study programs
approved by the Advisory Council.
(i) A managing broker or broker may earn credit for a
specific continuing education course only once during the
prerenewal period.
(j) No more than 6 hours of continuing education credit may
be taken or earned in one calendar day.
(k) To promote the offering of a uniform and consistent
course content, the Department may provide for the development
of a single broker management course to be offered by all
continuing education providers who choose to offer the broker
management continuing education course. The Department may
contract for the development of the 12-hour broker management
continuing education course with an outside vendor or
consultant and, if the course is developed in this manner, the
Department or the outside consultant shall license the use of
that course to all approved continuing education providers who

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wish to provide the course.
(l) Except as specifically provided in this Act, continuing
education credit hours may not be earned for completion of pre
or post-license courses. The approved 30-hour post-license
course for broker licensees shall satisfy the continuing
education requirement for the pre-renewal period in which the
course is taken. The approved 45-hour brokerage administration
and management course shall satisfy the 12-hour broker
management continuing education requirement for the
pre-renewal period in which the course is taken.
(Source: P.A. 98-531, eff. 8-23-13; 99-227, eff. 8-3-15.)