Bill
Bill > H3947
SC H3947
SC H3947Continuing education requirements for nonresident real estate brokers and associates
summary
Introduced
02/11/2025
02/11/2025
In Committee
03/04/2025
03/04/2025
Crossed Over
02/28/2025
02/28/2025
Passed
05/01/2025
05/01/2025
Dead
Signed/Enacted/Adopted
05/16/2025
05/16/2025
Introduced Session
126th General Assembly
Bill Summary
Amend The South Carolina Code Of Laws By Amending Section 40-57-340, Relating To Biennial Continuing Education Requirements For Licensure Renewal By The Real Estate Commission, So As To Provide Nonresident Brokers And Nonresident Associates Who Successfully Satisfy Continuing Education Requirements Of Their Jurisdiction Of Residence May Be Exempt From The Continuing Education Requirements Of This State With Approval Of The Commission; And By Adding Section 40-57-345 So As To Provide Certain Licensees With An Expired License May Apply For License Renewal If They Were In Good Standing, Were Licensed In This State For At Least Twenty-five Years, And Were At Least Sixty-five Years Of Age At The Time Of Expiration, To Provide Such Applicants For Renewal Must Pay A Renewal Fee, And To Exempt Licensees Meeting These Requirements From Continuing Education Requirements. - Ratified Title
AI Summary
This bill modifies South Carolina's continuing education requirements for real estate brokers and associates, primarily focusing on nonresident licensees and experienced professionals. The bill allows nonresident brokers and associates who have successfully completed continuing education requirements in their home state to be exempt from South Carolina's continuing education requirements, subject to approval by the Real Estate Commission. Additionally, the bill provides continued exemptions for existing categories of licensees, such as those who have completed post-licensing courses, those on inactive status, and brokers or associates who are 65 years old with 25 or more years of licensure in South Carolina. A new provision is also added that enables individuals with an expired license who meet specific age and experience criteria (25 years of licensure and 65 years old) to renew their license by paying the required fee and receiving an exemption from continuing education requirements. The bill will take effect upon approval by the Governor, offering more flexibility for nonresident and long-serving real estate professionals in maintaining their licenses.
Committee Categories
Business and Industry
Sponsors (5)
Last Action
Act No. 27 (on 05/16/2025)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.scstatehouse.gov/billsearch.php?billnumbers=3947&session=126&summary=B |
| BillText | https://www.scstatehouse.gov/sess126_2025-2026/prever/3947_20250424.htm |
| BillText | https://www.scstatehouse.gov/sess126_2025-2026/prever/3947_20250327.htm |
| BillText | https://www.scstatehouse.gov/sess126_2025-2026/prever/3947_20250226.htm |
| Fiscal Note - H3947 2025-02-11 Introduced | https://www.scstatehouse.gov/sess126_2025-2026/fiscalimpactstatements/H3947%202025-02-11%20introduced.pdf |
| BillText | https://www.scstatehouse.gov/sess126_2025-2026/prever/3947_20250211.htm |
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