Resolve, To Establish the Advisory Committee on Real Estate License Law
Maine Legislature, Session 127, LD 0895
Committee Amendment CA_A_H256 (House)
Committee: Labor, Commerce, Research and Economic Development

COMMITTEE AMENDMENT "A " 
to H.P. 614, L.D. 895, "Resolve, To Establish 
the Advisory Committee on Real Estate License Law" 
Amend the resolve by striking out the title and substituting the following; 
'Resolve, Directing the Real Estate Commission To Convene a Stakeholder Group 
on Real Estate Licensure Requirements' 
Amend the resolve by striking out everything after the title and before the summary 
and inserting the following: 
'Sec. 1. Real Estate Commission to convene a stakeholder group on real 
estate licensure requirements. Resolved: That the Department of Professional and 
Financial Regulation, Real Estate Commission, as established in the Maine Revised 
Statutes, Title 5, section 12004-A, subsection 37 and referred to in this resolve as "the 
commission," shall convene a stakeholder group to review the State's real estate sales 
agent licensure requirements to determine if additional sales agent course hours are 
necessary to provide for an increase in the standard of demonstrated proficiency in this 
industry and to review the process for establishing a clearinghouse to track continuing 
education classes taken by real estate sales agents. The commission shall invite the 
participation of the following stakeholders: 2 licensed sales agents; 2 licensed associate 
brokers; 2 licensed designated brokers; 2 members that represent the Real Estate 
Educators Association; and one representative from the Maine Association of Realtors; 
and any other individual or organization determined appropriate by the commission; and 
be it further 
Sec. 2. Reporting date established. Resolved: That, no later than December 
15,2015, the commission shall submit a report with any recommended legislation to the 
Joint Standing Committee on Labor, Commerce, Research and Economic Development. 
The committee is authorized to submit a bill on the subject matter of the report to the 
COMMITTEE AMENDMENT 
ROFS 
COMMITTEE AMENDMENT '4" to H.P. 614, L.D. 895 
SUMMARY 
This amendment replaces the resolve. It requires the Department of Professional and 
Financial Regulation, Real Estate Commission to convene a stakeholder group to review 
the State's real estate sales agent licensure requirements to detennine if additional sales 
agent course hours are necessary to provide for an increase in the standard of 
demonstrated proficiency in this industry and to review the process for establishing a 
clearinghouse to track continuing education classes taken by real estate sales agents. The 
Real Estate Commission is required to submit a report with any recommended legislation 
to the Joint Standing Committee on Labor, Commerce, Research and Economic 
Development. Finally, the amendment authorizes the Joint Standing Committee on 
Labor, Commerce, Research and Economic Development to submit a bill on the subject 
matter of the report to the Second Regular Session of the 127th Legislature. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 05124115 
;:Wac 
LD 895 
LR 1437(02) 
Resolve, To Establish the Advisory Committee on Real Estate License Law 
Fiscal Note for Bill as Amended by Committee Amendment ,A, (JI-J 5 &.) 
Committee: Labor, Commerce, Research and Economic Development 
Fiscal Note Required: Yes 
Fiscal Note 
Minor cost increase - Other Special Revenue Funds 
Fiscal Detail and Notes 
Additional costs to the Maine Real Estate Commission within the Depruiment of Professional and Financial 
Regulation to convene the stakeholder group to conduct the required review and submit the required report can be 
absorbed within existing budgeted resources. 
LR1437(02) - Fiscal Note - Page 1 of 1