Bill Title: Amends the Regulatory Sunset Act. Extends the repeal date of the Real Estate Brokerage Act from January 1, 2020 to January 1, 2030. Amends the Real Estate License Act of 2000. Adds provisions concerning the temporary practice as a designated managing broker. Makes changes in provisions concerning legislative intent; definitions; applications for managing broker, broker, and leasing agent licenses; requirements for licensure; exemptions from licensure; consideration of prior revocations, conduct, and convictions; examinations; sponsorships; contact information; offices; expiration and renewal of licenses; continuing education requirements; payment of compensation; advertising; agency relationships; recovery from the Real Estate Recovery Fund; and licensing of education provider instructors. Changes references to "leasing agents" to "residential leasing agents" throughout the Act. Provides that, if the party applying for judicial review is not a resident of the State of Illinois, the venue shall be Cook County (rather than Sangamon County). Repeals provisions concerning the Real Estate Audit Fund; surrender of licenses upon revocation or suspension; and advisory letters. Makes other changes. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Passed) 2019-08-09 - Public Act . . . . . . . . . 101-0357 [SB1872 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Concurrence in Senate	2019-05-31	58	0	1	0	59	Passed	Link	View
House	Third Reading in House	2019-05-23	115	0	1	0	116	Passed	Link	View
Senate	Third Reading in Senate	2019-04-10	56	0	3	0	59	Passed	Link	View

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