Louisiana 2021 2021 Regular Session

Louisiana House Bill HB258 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 258 Original	2021 Regular Session	Edmonston
Abstract:  Provides for the issuance and renewal time periods and delinquent fee of certain real
estate licenses and registrations.
Present law allows the La. Real Estate Commission to issue licenses, certificates, and registrations.
Proposed law removes certificates.
Present law provides that each license or registration is issued for one year and expires on December
31st following the date that the license was issued.  Further, present law requires a license or
registration to be renewed by January 1st or it expires.
Proposed law requires each license or registration to be renewed timely on or before September 30th
each year. 
Present law provides a delinquent fee schedule based on the time frame that active licensees and
inactive licensees renew the expired license or registration.
Proposed law revises the time frames.
Present law allows timeshare registrants who fail to renew timely to pay a delinquency renewal fee
within three months of the expiration of their registration.
Proposed law repeals present law.
Effective April 1, 2022.
(Amends R.S. 37:1442 and 1443(4))