74R9449 JMM-F
By Place H.B. No. 1205
Substitute the following for H.B. No. 1205:
By Pickett C.S.H.B. No. 1205
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the funding of the Texas Real Estate Research Center
1-3 from certain real estate broker and salesman fees.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 5(m), The Real Estate License Act
1-6 (Article 6573a, Vernon's Texas Civil Statutes), is amended to read
1-7 as follows:
1-8 (m) The <Fifteen dollars received by the> commission shall
1-9 charge and collect as a condition for issuance and for <a> renewal
1-10 of a real estate broker license the fee under Section 11(a)(14) of
1-11 this Act. The commission shall charge and collect as a condition
1-12 for issuance and <before the expiration of the license or before
1-13 the first anniversary of the date the license expired and $7.50
1-14 received by the commission> for <a> renewal of a real estate
1-15 salesman license the fee under Section 11(a)(15) of this Act. The
1-16 commission <before the expiration of the license or before the
1-17 first anniversary of the date the license expired> shall transmit
1-18 the fees under this subsection quarterly <be transmitted annually>
1-19 to Texas A&M University for deposit in a separate banking account.
1-20 The money in the separate account shall be expended for the support
1-21 and maintenance of the Texas Real Estate Research Center and for
1-22 carrying out the purposes, objectives, and duties of the center.
1-23 However, all money expended from the separate account shall be as
1-24 determined by legislative appropriation.
2-1 SECTION 2. Section 11(a), The Real Estate License Act
2-2 (Article 6573a, Vernon's Texas Civil Statutes), is amended to read
2-3 as follows:
2-4 (a) The commission shall charge and collect the following
2-5 fees:
2-6 (1) a fee not to exceed $100 for the filing of an
2-7 original application for a real estate broker license;
2-8 (2) a fee not to exceed $100 for annual renewal of a
2-9 real estate broker license;
2-10 (3) a fee not to exceed $50 for the filing of an
2-11 original application for a real estate salesman license;
2-12 (4) a fee not to exceed $50 for annual renewal of a
2-13 real estate salesman license;
2-14 (5) a fee not to exceed $25 for an application for a
2-15 license examination;
2-16 (6) a fee not to exceed $20 for filing a request for a
2-17 license for each additional office or place of business;
2-18 (7) a fee not to exceed $20 for filing a request for a
2-19 license for a change of place of business, change of name, return
2-20 to active status, or change of sponsoring broker;
2-21 (8) a fee not to exceed $20 for filing a request to
2-22 replace a license lost or destroyed;
2-23 (9) a fee not to exceed $400 for filing an application
2-24 for approval of an education program under Section 7(f) of this
2-25 Act;
2-26 (10) a fee not to exceed $200 a year for operation of
2-27 an education program under Section 7(f) of this Act;
3-1 (11) a fee of $15 for transcript evaluation;
3-2 (12) a fee not to exceed $10 for preparing a license
3-3 history; <and>
3-4 (13) a fee not to exceed $50 for the filing of an
3-5 application for a moral character determination;
3-6 (14) an annual fee of $20 from each real estate broker
3-7 to be transmitted to Texas A&M University for the Texas Real Estate
3-8 Research Center as provided by Section 5(m) of this Act; and
3-9 (15) an annual fee of $17.50 from each real estate
3-10 salesman to be transmitted to Texas A&M University for the Texas
3-11 Real Estate Research Center as provided by Section 5(m) of this
3-12 Act.
3-13 SECTION 3. This Act takes effect September 1, 1995, and
3-14 applies only to a license issued or renewed on or after that date.
3-15 SECTION 4. The importance of this legislation and the
3-16 crowded condition of the calendars in both houses create an
3-17 emergency and an imperative public necessity that the
3-18 constitutional rule requiring bills to be read on three several
3-19 days in each house be suspended, and this rule is hereby suspended.