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HF 2997

as introduced - 90th Legislature (2017 - 2018) Posted on 02/22/2018 01:21pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to commerce; regulating real estate brokers, salespersons, and appraisers;
changing continuing education requirements; amending Minnesota Statutes 2016,
sections 45.30, subdivision 4; 45.306, by adding a subdivision.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2016, section 45.30, subdivision 4, is amended to read:


Subd. 4.

Credit earned.

(a) Upon completion of approved courses, students must earn
one hour of continuing education credit for each hour approved by the commissioner.
Continuing education courses must be attended in their entirety in order to receive credit
for the number of approved hoursnew text begin , with the exception of interactive Internet continuing
education courses relating to a person being licensed:
new text end

new text begin (1) as a broker or salesperson under chapter 82; or
new text end

new text begin (2) as an appraiser under chapter 82Bnew text end .

(b) Qualified instructors will earn three hours of continuing education credit for each
classroom hour of approved instruction that they deliver (1) independently, or (2) as part
of a team presentation in a course of two hours or less, if they attend the course in its entirety.
For licensees other than appraisers, no more than one-half of the continuing education hours
required for renewal of a license may be earned as a qualified instructor at the rate of three
hours of continuing education credit for each classroom hour of approved instruction. For
licensed appraisers, no more than one-half of the continuing education hours required for
renewal of a license may be earned as a qualified instructor. No credit will be earned if the
licensee has previously obtained credit for the same course as either a student or instructor
during the same licensing period.

(c) A licensee must not receive credit for more than eight hours of continuing education
in one day.

Sec. 2.

Minnesota Statutes 2016, section 45.306, is amended by adding a subdivision to
read:


new text begin Subd. 2a. new text end

new text begin Exception. new text end

new text begin Subdivision 2, clause (3), does not apply to interactive Internet
continuing education courses relating to a person being licensed as a broker or salesperson
under chapter 82 or to a person being licensed as an appraiser under chapter 82B.
new text end