REAL ESTATE LICENSE ACT Senate SponsorsSen. Emil Jones, III 1/13/2021SenateSession Sine Die 30 ILCS 105/5.557225 ILCS 454/1-10225 ILCS 454/5-10225 ILCS 454/5-50225 ILCS 454/5-70225 ILCS 454/15-35225 ILCS 454/15-45225 ILCS 454/20-20225 ILCS 454/20-20.1225 ILCS 454/20-110225 ILCS 454/25-10225 ILCS 454/25-38 new225 ILCS 454/30-15225 ILCS 454/30-25225 ILCS 454/25-21 rep.225 ILCS 456/Act rep.Amends the Real Estate License Act of 2000. Makes changes in provisions concerning definitions; the expiration and renewal of a managing broker, broker, or residential leasing agent license; continuing education requirements; sponsoring brokers; agency relationship disclosure; dual agency; grounds for discipline; citations; licensing of education providers; approval of courses; and the Real Estate Administration and Disciplinary Board. Provides that on January 1, 2021, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the remaining balance from the Real Estate Audit Fund into the Real Estate License Administration Fund. Amends the State Finance Act to repeal provisions creating the Real Estate Audit Fund as a special fund in the State Treasury. Repeals the Real Estate Regulation Transfer Act. Effective immediately. 2/4/2020SenateFiled with Secretary by Sen. Emil Jones, III 2/4/2020SenateFirst Reading 2/4/2020SenateReferred to Assignments 2/11/2020SenateAssigned to Licensed Activities 3/18/2020SenateRule 2-10 Committee Deadline Established As April 2, 2020 3/25/2020SenateRule 2-10 Committee Deadline Established As April 24, 2020 3/25/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020 4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 4/16/2020SenateRule 2-10 Committee Deadline Established As April 30, 2020 4/23/2020SenateRule 2-10 Committee Deadline Established As May 7, 2020 4/23/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020 4/30/2020SenateRule 2-10 Committee Deadline Established As May 15, 2020 4/30/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020 5/7/2020SenateRule 2-10 Committee Deadline Established As May 22, 2020 5/7/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020 5/15/2020SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020 1/13/2021SenateSession Sine Die