Relating to practices and professions regulated by the Texas Real Estate Commission.
Impact
The bill's amendments to the Occupations Code aim to streamline the process by which real estate professionals obtain and renew their licenses and certifications. It introduces specific requirements for the administration of continuing education programs, establishing a clearer framework for compliance among educators and providers in the real estate sector. The changes are intended to enhance the quality and accountability of continuing education, which is essential for maintaining professional standards in real estate practices across Texas.
Summary
SB862 aims to regulate the practices and professions overseen by the Texas Real Estate Commission, enacting provisions to amend the Occupations Code. The bill focuses on establishing new fee structures for various licenses, including broker and salesperson licenses, as well as the approval of continuing education providers and courses. It specifies that fees are to be set to ensure they are reasonable and necessary to cover the costs associated with the administration of these processes. Additionally, funding provisions include allocating $50 of each fee increase to support the Texas Real Estate Research Center at Texas A&M University.
Contention
One notable point of contention arises from the proposed changes to the fee structures, as some stakeholders argue that increasing fees could limit access to necessary education and licensing for new practitioners entering the real estate field. Critics have raised concerns that the bill may disproportionately affect smaller firms and individuals attempting to comply with the new requirements, potentially leading to a market that favors larger, established entities with more resources. This debate highlights the ongoing tension between regulation and the accessibility of real estate services to the broader community.
Relating to the Texas Real Estate Research Center, the Real Estate Research Advisory Committee, the Texas Real Estate Commission, and the Texas Appraiser Licensing and Certification Board; increasing a fee; authorizing a fee.
Relating to the Texas Real Estate Research Center, the Real Estate Research Advisory Committee, the Texas Real Estate Commission, and the Texas Appraiser Licensing and Certification Board; increasing a fee; authorizing a fee.
Relating to the regulation of certain health professionals and health facilities; providing civil and administrative penalties; creating a criminal offense.
Relating to eligibility for membership on and the regulation of horse racing by the Texas Racing Commission and a prohibition on the conduct of greyhound or other dog racing as live events in this state; creating a criminal offense; authorizing a fee.
Establishing limitations for land transactions for wind and solar energy projects and allowing a consumer to revoke such land transaction under the Kansas consumer protection act.