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Bill > HB1794
AR HB1794
AR HB1794To Amend The Law Concerning Continuing Education Requirements For Real Estate Licensees; And To Create Continuing Education Exemptions For Certain Real Estate Broker Licensees.
summary
Introduced
03/13/2025
03/13/2025
In Committee
04/01/2025
04/01/2025
Crossed Over
03/20/2025
03/20/2025
Passed
04/09/2025
04/09/2025
Dead
Signed/Enacted/Adopted
04/14/2025
04/14/2025
Introduced Session
95th General Assembly (2025 Regular)
Bill Summary
AN ACT TO AMEND THE LAW CONCERNING CONTINUING EDUCATION REQUIREMENTS FOR REAL ESTATE LICENSEES; TO CREATE CONTINUING EDUCATION EXEMPTIONS FOR CERTAIN REAL ESTATE BROKER LICENSEES; AND FOR OTHER PURPOSES.
AI Summary
This bill amends Arkansas Code regarding continuing education requirements for real estate licensees by introducing new exemption provisions. Specifically, the bill allows the Executive Director of the Arkansas Real Estate Commission to waive continuing education requirements under certain circumstances, such as health-related concerns, extenuating circumstances, or in recognition of industry achievements. The bill also creates specific exemption pathways for different types of licensees (salesperson, associate broker, principal broker, and executive broker) who meet certain criteria, including being 72 years or older, having held an active license for 25 consecutive years, maintaining a clean disciplinary record, and having no delinquent continuing education requirements. The exemptions are not automatic and require a written application to the commission with satisfactory proof of meeting the qualifications. Additionally, the bill stipulates that an approved exemption can be revoked if disciplinary action is taken against the licensee, and denied exemptions can be appealed to the commission. These changes aim to provide flexibility in continuing education requirements while maintaining professional standards for real estate licensees.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Notification that HB1794 is now Act 559 (on 04/14/2025)
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