8 | 4 | | |
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9 | 5 | | |
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10 | 6 | | A BILL TO BE ENTITLED |
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11 | 7 | | AN ACT |
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12 | 8 | | relating to the Texas Real Estate Research Center, the Real Estate |
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13 | 9 | | Research Advisory Committee, and the Texas Real Estate Commission; |
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14 | 10 | | increasing a fee. |
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15 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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16 | 12 | | SECTION 1. The heading to Subchapter C, Chapter 86, |
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17 | 13 | | Education Code, is amended to read as follows: |
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18 | 14 | | SUBCHAPTER C. TEXAS REAL ESTATE RESEARCH CENTER |
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19 | 15 | | SECTION 2. Section 86.51, Education Code, is amended to |
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20 | 16 | | read as follows: |
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21 | 17 | | Sec. 86.51. TEXAS REAL ESTATE RESEARCH CENTER. The Texas |
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22 | 18 | | Real Estate Research Center [There] is established at Texas A&M |
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23 | 19 | | University [a Real Estate Research Center, hereinafter referred to |
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24 | 20 | | as the center]. The operating budget, staffing, and activities of |
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25 | 21 | | the center shall be approved by the board of regents of The Texas |
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26 | 22 | | A&M University System. |
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27 | 23 | | SECTION 3. Section 86.52, Education Code, is amended by |
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28 | 24 | | amending Subsections (c), (d), (e), (f), (h), (i), (j), (k), and (l) |
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29 | 25 | | and adding Subsection (m) to read as follows: |
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30 | 26 | | (c) Members [Except for the initial appointees, members] of |
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31 | 27 | | the advisory committee hold office for staggered terms of six |
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32 | 28 | | years, with the terms of three members expiring on January 31 of |
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33 | 29 | | each odd-numbered year. [In making the initial appointments, the |
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34 | 30 | | governor shall designate three members, including two |
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35 | 31 | | representatives of the real estate industry and one representative |
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36 | 32 | | of the general public, for terms expiring in 1973, three for terms |
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37 | 33 | | expiring in 1975, and three for terms expiring in 1977.] Any |
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38 | 34 | | vacancy shall be filled by appointment for the unexpired portion of |
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39 | 35 | | the term. Each member shall serve until the member's [his] |
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40 | 36 | | successor is qualified. |
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41 | 37 | | (d) The presiding officer [chairman] of the Texas Real |
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42 | 38 | | Estate Commission, or a member of the commission designated by the |
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43 | 39 | | presiding officer [him], shall serve as an ex officio, nonvoting |
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44 | 40 | | member of the advisory committee. |
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45 | 41 | | (e) The advisory committee shall elect a presiding officer |
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46 | 42 | | and an assistant presiding officer from the committee's [its] |
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47 | 43 | | membership, and each officer shall serve for a term of one year. |
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48 | 44 | | (f) [The first meeting of the advisory committee shall be |
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49 | 45 | | called by the president of Texas A & M University or his designated |
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50 | 46 | | representative.] The advisory committee shall meet not less than |
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51 | 47 | | semiannually, and in addition on call of the committee's presiding |
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52 | 48 | | officer [its chairman], or on petition of any six of the committee's |
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53 | 49 | | [its] members, or on call of the president of Texas A&M [A & M] |
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54 | 50 | | University or the president's [his] designated representative. |
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55 | 51 | | (h) The president of Texas A&M [A & M] University or the |
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56 | 52 | | president's [his] designated representative shall submit to the |
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57 | 53 | | advisory committee in advance of each fiscal year a proposed budget |
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58 | 54 | | for expenditures of all funds provided for the center in a form that |
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59 | 55 | | is related to the proposed schedule of activities for the review and |
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60 | 56 | | approval of the advisory committee. The proposed budget approved |
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61 | 57 | | by the advisory committee shall be forwarded with the comments of |
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62 | 58 | | the committee to the board of directors of The Texas A&M [A & M] |
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63 | 59 | | University System prior to its action on the proposed budget, and |
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64 | 60 | | the board of directors of The Texas A&M [A & M] University System |
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65 | 61 | | shall not authorize any expenditure that has not had the prior |
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66 | 62 | | approval of the advisory committee. |
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67 | 63 | | (i) The president of Texas A&M [A & M] University or the |
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68 | 64 | | president's [his] designated representative shall submit to the |
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69 | 65 | | advisory committee for its review and approval a research agenda at |
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70 | 66 | | the beginning of each fiscal year and shall continuously inform the |
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71 | 67 | | advisory committee of changes in its substance and scheduling. |
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72 | 68 | | (j) Each member of the advisory committee [board] is |
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73 | 69 | | entitled to a per diem as provided in the center's budget [set by |
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74 | 70 | | legislative appropriation] for each day that the member engages in |
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75 | 71 | | the business of the committee [board]. A member may not receive any |
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76 | 72 | | compensation for travel expenses, including expenses for meals and |
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77 | 73 | | lodging, other than transportation expenses. A member is entitled |
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78 | 74 | | to compensation for transportation expenses as provided in |
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79 | 75 | | [prescribed by] the center's budget [General Appropriations Act]. |
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80 | 76 | | (k) Except as provided by Subsection (l), the [The] advisory |
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81 | 77 | | committee is subject to Chapter 551, Government Code, Chapter 2001, |
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82 | 78 | | Government Code, and the provisions of Chapter 572, Government |
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83 | 79 | | Code. |
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84 | 80 | | (l) The advisory committee may conduct a meeting by |
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85 | 81 | | conference call or virtually through a third-party Internet |
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86 | 82 | | application as long as members of the general public are able to |
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87 | 83 | | participate in the meeting, and any discussions during the meeting, |
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88 | 84 | | if the meeting is not permitted to be conducted as a closed meeting |
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89 | 85 | | under Chapter 551, Government Code. |
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90 | 86 | | (m) The financial transactions of the center are subject to |
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91 | 87 | | audit by the state auditor in accordance with Chapter 321, |
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92 | 88 | | Government Code. |
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93 | 89 | | SECTION 4. Section 1101.054, Occupations Code, is amended |
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94 | 90 | | to read as follows: |
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95 | 91 | | Sec. 1101.054. OFFICIAL OATH. Not later than the 15th |
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96 | 92 | | calendar day after the date of appointment, each appointee must |
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97 | 93 | | take the constitutional oath of office. |
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98 | 94 | | SECTION 5. Section 1101.154(a), Occupations Code, is |
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99 | 95 | | amended to read as follows: |
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100 | 96 | | (a) The fee for the issuance or renewal of a: |
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101 | 97 | | (1) broker license is the amount of the fee set under |
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102 | 98 | | Section 1101.152 and an additional $70 fee for each year of the term |
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103 | 99 | | for which the license is issued or renewed; |
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104 | 100 | | (2) sales agent license is the amount of the fee set |
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105 | 101 | | under Section 1101.152 and an additional $20 fee for each year of |
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106 | 102 | | the term for which the license is issued or renewed; and |
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107 | 103 | | (3) certificate of registration is the amount of the |
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108 | 104 | | fee set under Section 1101.152 and an additional $20 fee for each |
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109 | 105 | | year of the term for which the certificate is issued or renewed. |
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110 | 106 | | SECTION 6. Section 1101.154(a), Occupations Code, as |
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111 | 107 | | amended by this Act, applies only to the issuance or renewal of a |
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112 | 108 | | license or certificate of registration under Chapter 1101, |
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113 | 109 | | Occupations Code, on or after the effective date of this Act. |
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114 | 110 | | SECTION 7. This Act takes effect September 1, 2021. |
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