(a)The Commission [commission] may suspend or revoke a license or take other disciplinary action authorized by Chapter 1102 [of the Texas Occupations Code] in addition to or instead of assessing the administrative penalties set forth in this section. (b)The administrative penalties set forth in this section consider [take into consideration] the criteria listed in §1101.702(b) of the Act [Texas Occupations Code]. (c)An administrative penalty range of $100 - $1,500 per violation per day may be assessed for violations of the following sections of Chapter 1102 and this subchapter [of the Texas Occupations and Administrative Codes]: (1) - (6)(No change.) (d)An administrative penalty range of $500 - $3,000 per violation per day may be assessed for violations of the following sections of Chapter 1102 and this subchapter [of the Texas Occupations and Administrative Codes]: (1) - (5)(No change.) (e)An administrative penalty of $1,000 - $5,000 per violation per day may be assessed for violations of the following sections of Chapter 1102 and this subchapter [of the Texas Occupations and Administrative Codes]: (1) - (11)(No change.) (f)The Commission [commission] may assess an administrative penalty of up to two times that outlined under subsections (c), (d), and (e) of this section, subject to the maximum penalties authorized under §1101.702(a) of the, if a person has a history of previous violations Act [Texas Occupations Code].
The agency certifies that legal counsel has
reviewed the proposal and found it to be within the state agency's
legal
authority to adopt.
Filed
with the Office of the Secretary of State on August 25, 2014
TRD-201404060 Kerri Lewis
General Counsel
Texas Real Estate Commission
Earliest possible date of adoption: October 5, 2014
For further information, please call: (512) 936-3092
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