Real estate brokers license; reduce penalty for late renewal of from 100% to 50% of renewal fee.

Summary

The bill amends the real‑estate licensing code so that brokers who miss the renewal deadline pay a penalty equal to half of the renewal fee instead of the full amount. It applies to licensed real‑estate brokers (and salespersons) who are late filing their renewal, and it also moves two licensing sections forward for possible future amendment. The measure did not pass and died in committee.

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