The Texas Real Estate Commission (TREC) proposes amendments to §535.62, concerning acceptable courses of study and §535.64, concerning accreditation of schools and approval of courses and instructors. The proposed revisions would conform the provisions to the repeal of previous and adoption of replacement mandatory continuing education rules including §535.71, concerning mandatory continuing education: approval of providers, courses and instructors, §535.72, presentation of courses, advertising, and records, and §535.73, concerning compliance and enforcement. Current §535.62 and §535.64 include a reference to a repealed provision in §535.71. The proposed amendments would add the repealed provision from §535.71 regarding alternative delivery method courses to §535.62 and add a reference to the new provision in §535.63 to §535.64.

Loretta R. DeHay, general counsel, has determined that for the first five-year period the sections are in effect there will be no fiscal implications for the state as a result of enforcing or administering the sections. There are no anticipated fiscal implications for units of local government. There is no anticipated impact on small businesses, micro businesses or local or state employment as a result of implementing the sections.

Ms. DeHay also has determined that for each year of the first five years the sections as proposed are in effect the public benefit anticipated as a result of enforcing the sections will be clarification of the requirements for obtaining TREC approval for core real estate education courses offered by alternative delivery methods. There is no anticipated economic cost to persons who are required to comply with the proposed sections.

Comments on the proposal may be submitted to Loretta R. DeHay, General Counsel, Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188.

The amendments are proposed under Texas Occupations Code, §1101.151, which authorizes the Texas Real Estate Commission to make and enforce all rules and regulations necessary for the performance of its duties and to establish standards of conduct and ethics for its licensees in keeping with the purposed and intent of the Act to insure compliance with the provisions of the Act.

The statute affected by this proposal is Texas Occupations Code, Chapter 1101. No other statute, code or article is affected by the proposed amendments.