Bill 1168

                    Current Status

Bill Number:                       1168
Type of Legislation:               General Bill GB
Introducing Body:                  Senate
Introduced Date:                   19960222
Primary Sponsor:                   Martin 
All Sponsors:                      Martin 
Drafted Document Number:           res9910.lam
Companion Bill Number:             4912
Residing Body:                     Senate
Current Committee:                 Labor, Commerce and Industry
                                   Committee 12 SLCI
Subject:                           Real estate licenses, continuing
                                   education requirements

Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

Senate  19960529  Recommitted to Committee                 12 SLCI
Senate  19960429  Read second time, notice of
                  general amendments
Senate  19960425  Committee report: Favorable              12 SLCI
Senate  19960222  Introduced, read first time,             12 SLCI
                  referred to Committee

Indicates Matter Stricken
Indicates New Matter

COMMITTEE REPORT

April 25, 1996

S. 1168

S. Printed 4/25/96--S.

Read the first time February 22, 1996.

To whom was referred a Bill (S. 1168), to amend Section 40-57-155, Code of Laws of South Carolina, 1976, relating to the continuing education for real estate agents, etc., respectfully

That they have duly and carefully considered the same, and recommend that the same do pass:

J. VERNE SMITH, for Committee.

A BILL

TO AMEND SECTION 40-57-155, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE CONTINUING EDUCATION FOR REAL ESTATE AGENTS, SO AS TO PROVIDE SIXTEEN HOURS OF MANDATORY CONTINUING EDUCATION FOR REAL ESTATE LICENSEES.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Section 40-57-155(A) of the 1976 Code is amended to read:

"(A) As a condition of license renewal, a broker or sales agent must satisfactorily complete eight sixteen hours of approved course instruction biennially as prescribed by the commission by a course provider approved by the commission. The eight sixteen hours must include a minimum of two four hours of instruction on changes in federal and state law affecting licensees. A licensee having successfully completed a thirty-hour course for qualification as a broker is not required to participate in the continuing education program for that particular year. A licensee who decides to become inactive is not required to participate in the continuing education program but must complete the eight-hour sixteen-hour requirement before returning to active status."

SECTION 2. Upon approval by the Governor, this act takes effect July 1, 1998.