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Senate Bill 699 |
Senate Author: Eltife et al. |
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Effective: See below |
House Sponsor: Kuempel |
Senate Bill 699 amends the Occupations Code to update and clarify provisions of The Real Estate License Act, including provisions relating to licensing and certification, education, the real estate recovery trust account, and the Texas Real Estate Commission's members, employees, and complaint, investigation, and enforcement procedures. The bill takes effect January 1, 2016, except for the increase of the additional fee for the issuance or renewal of a broker license collected for the Texas Real Estate Research Center, which takes effect September 1, 2015.