2003 House Bill 5106 / Public Act 196

Introduced in the House

Oct. 1, 2003

Introduced by Rep. Randy Richardville (R-56)

To clarify real estate sales and broker continuing education requirements, with regard to how credit is given for certain professional courses which are not part of an official continuing education course.

Referred to the Committee on Regulatory Reform

Oct. 7, 2003

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Oct. 8, 2003

Substitute offered

To replace the previous version of the bill with one which would also allow a limited liability company to be an applicant for a real estate broker’s license. It also makes several other technical changes and clarifications to the law passed last year (Public Act 611 of 2002) which changed the term of a real estate broker or salesperson license from one-year to three-years.

The substitute passed by voice vote

Passed in the House 107 to 0 (details)

To clarify real estate sales and broker continuing education requirements, with regard to how credit is given for certain professional courses which are not part of an official continuing education course. The bill would also allow a limited liability company to be an applicant for a real estate broker’s license. It makes several other technical changes and clarifications to the law passed last year (Public Act 611 of 2002) which changed the term of a real estate broker or salesperson license from one-year to three-years.

Received in the Senate

Oct. 9, 2003

Referred to the Committee on Economic Development, Small Business, and Regulatory Reform

Oct. 21, 2003

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Oct. 23, 2003

Substitute offered

To replace the previous version of the bill with one which incorporates technical changes that do not affect the substance of the bill as previously described.

The substitute passed by voice vote

Passed in the Senate 37 to 0 (details)

To clarify real estate sales and broker continuing education requirements, with regard to how credit is given for certain professional courses which are not part of an official continuing education course. The bill would also allow a limited liability company to be an applicant for a real estate broker’s license. It makes several other technical changes and clarifications to the law passed last year (Public Act 611 of 2002) which changed the term of a real estate broker or salesperson license from one-year to three-years.

Received in the House

Oct. 23, 2003

Passed in the House 101 to 0 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. Jennifer Granholm

Nov. 7, 2003