By Davis of Harris H.B. No. 1272
77R340 SMH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to exempting elderly license holders from certain
1-3 requirements for the renewal of a real estate broker license.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 7A, The Real Estate License Act (Article
1-6 6573a, Vernon's Texas Civil Statutes), is amended by adding
1-7 Subsection (h) to read as follows:
1-8 (h) Notwithstanding any other provision of this Act, a real
1-9 estate broker who is 70 years of age or older is not required to
1-10 comply with the mandatory continuing education requirements of this
1-11 section to renew the person's license.
1-12 SECTION 2. Section 11, The Real Estate License Act (Article
1-13 6573a, Vernon's Texas Civil Statutes), is amended to read as
1-14 follows:
1-15 Sec. 11. (a) The commission shall charge and collect the
1-16 following fees:
1-17 (1) a fee not to exceed $100 for the filing of an
1-18 original application for a real estate broker license;
1-19 (2) a fee not to exceed $100 for annual renewal of a
1-20 real estate broker license;
1-21 (3) a fee not to exceed $50 for the filing of an
1-22 original application for a real estate salesperson license;
1-23 (4) a fee not to exceed $50 for annual renewal of a
1-24 real estate salesperson license;
2-1 (5) a fee not to exceed $50 for an application for a
2-2 license examination;
2-3 (6) a fee not to exceed $20 for filing a request for a
2-4 license for each additional office or place of business;
2-5 (7) a fee not to exceed $20 for filing a request for a
2-6 license or certificate of registration for a change of place of
2-7 business, change of name, return to active status, or change of
2-8 sponsoring broker;
2-9 (8) a fee not to exceed $20 for filing a request to
2-10 replace a license or certificate of registration lost or destroyed;
2-11 (9) a fee not to exceed $400 for filing an application
2-12 for approval of an education program under Section 7(f) of this
2-13 Act;
2-14 (10) a fee not to exceed $200 a year for operation of
2-15 an education program under Section 7(f) of this Act;
2-16 (11) a fee of $15 for transcript evaluation;
2-17 (12) a fee not to exceed $10 for preparing a license
2-18 or registration history;
2-19 (13) a fee not to exceed $50 for the filing of an
2-20 application for a moral character determination;
2-21 (14) an annual fee of $20 from each real estate broker
2-22 and each registrant under Section 9A of this Act to be transmitted
2-23 to Texas A&M University for the Texas Real Estate Research Center
2-24 as provided by Section 5(m) of this Act;
2-25 (15) an annual fee of $17.50 from each real estate
2-26 salesperson to be transmitted to Texas A&M University for the Texas
2-27 Real Estate Research Center as provided by Section 5(m) of this
3-1 Act;
3-2 (16) an annual fee of $80 from each registrant under
3-3 Section 9A of this Act; and
3-4 (17) any fee authorized under Section 8 of this Act
3-5 for the real estate recovery fund.
3-6 (b) A fee imposed under Subsection (a)(2) of this section
3-7 does not apply to a person who is 70 years of age or older.
3-8 SECTION 3. (a) This Act takes effect September 1, 2001.
3-9 (b) The change in law made by this Act applies only to the
3-10 renewal of a real estate broker license that expires on or after
3-11 the effective date of this Act. The renewal of a real estate
3-12 broker license that expires before the effective date of this Act
3-13 is covered by the law in effect on the date the license expires,
3-14 and that law is continued in effect for that purpose.