HP0614
LD 895
Session - 127th Maine Legislature
C "A", Filing Number H-256, Sponsored by
LR 1437
Item 2
Bill Tracking, Additional Documents Chamber Status

Amend the resolve by striking out the title and substituting the following:

‘Resolve, Directing the Real Estate Commission To Convene a Stakeholder Group on Real Estate Licensure Requirements’

Amend the resolve by striking out everything after the title and before the summary and inserting the following:

Sec. 1. Real Estate Commission to convene a stakeholder group on real estate licensure requirements. Resolved: That the Department of Professional and Financial Regulation, Real Estate Commission, as established in the Maine Revised Statutes, Title 5, section 12004-A, subsection 37 and referred to in this resolve as "the commission," shall convene a stakeholder group to review the State's real estate sales agent licensure requirements to determine if additional sales agent course hours are necessary to provide for an increase in the standard of demonstrated proficiency in this industry and to review the process for establishing a clearinghouse to track continuing education classes taken by real estate sales agents. The commission shall invite the participation of the following stakeholders: 2 licensed sales agents; 2 licensed associate brokers; 2 licensed designated brokers; 2 members that represent the Real Estate Educators Association; and one representative from the Maine Association of Realtors; and any other individual or organization determined appropriate by the commission; and be it further

Sec. 2. Reporting date established. Resolved: That, no later than December 15, 2015, the commission shall submit a report with any recommended legislation to the Joint Standing Committee on Labor, Commerce, Research and Economic Development. The committee is authorized to submit a bill on the subject matter of the report to the Second Regular Session of the 127th Legislature.’

summary

This amendment replaces the resolve. It requires the Department of Professional and Financial Regulation, Real Estate Commission to convene a stakeholder group to review the State's real estate sales agent licensure requirements to determine if additional sales agent course hours are necessary to provide for an increase in the standard of demonstrated proficiency in this industry and to review the process for establishing a clearinghouse to track continuing education classes taken by real estate sales agents. The Real Estate Commission is required to submit a report with any recommended legislation to the Joint Standing Committee on Labor, Commerce, Research and Economic Development. Finally, the amendment authorizes the Joint Standing Committee on Labor, Commerce, Research and Economic Development to submit a bill on the subject matter of the report to the Second Regular Session of the 127th Legislature.

FISCAL NOTE REQUIRED
(See attached)


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