·••111 : 'RICrn;ru : : • , / ( i ·:=~~--- 1, - ·If)···· J enne&sl3e Senate PUBLIC CHAPTER NO. 122 SENATE BILL NO. 886 By Reeves Substituted for: House Bill No. 700 By Burkhart, Hakeem, Behn, Greg Martin, Maberry AN ACT to amend Tennessee Code Annotated, Title 62, Chapter 13, relative to real estate broker licenses. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: SECTION 1. Tennessee Code Annotated, Section 62-13-303, is amended by deleting subsection (h) and substituting: (h)(1) Within a period of three (3) years from the date of issuance of an original broker's license, the licensee shall, as a requisite for the reissuaoce of the license, furnish certification of satisfactory completion of an additional one hundred twenty (120) classroom hours in real estate at any school, college, or university approved by the commission. (2) Beginning with the license period immediately following the license period in which the licensee completes the one hundred twenty (120) hours of education specified in subdivision (h)(1 ), and except as provided in subdivision (h)(3), every two (2) years, a broker's licensee shall furnish certification of satisfactory completion of sixteen (16) classroom hours in real estate courses at any school, college, or university approved by the commission as a requisite for the reissuance of the license. (3) A broker licensee who was originally licensed prior to January 1, 2005, and does not supervise any affiliate brokers is exempt from the requirement in subdivision (h)(2). SECTION 2. This act takes effect January 1, 2026, the public welfare requiring it. PASSED: APPROVED this SENATE BILL NO. 886 March 24, 2025 ti a ~ ,__ 1"'«-~~"· 1 RANlI McNALL Y SPEAKER OF THE SENATE CAME~Oi ◄ SEXTON, SPEAKER HOUSE OF REPRESENTATIVES day of fJ,pr; f 2025 &u:e Ut - BILL LEE, GOVERNOR