View Amendment Current Amendment: 3861R001.DR.TCA.docx to Bill 3861     The Committee on Labor, Commerce and Industry proposed the following amendment (3861R001.DR.TCA):
    Amend the bill, as and if amended, by striking all after the enacting words and inserting:

/     SECTION     1.     Section 40-57-120(A) of the 1976 Code, as last amended by Act 170 of 2016, is amended to read:

    "Section 40-57-120.     (A)     The commission may recognize nonresident real estate licenses on active status from other jurisdictions only if the other jurisdiction recognizes South Carolina real estate licenses on active status. An applicant from another jurisdiction successfully shall complete the state portion of the applicable examination before license recognition will be acknowledged. The commission may enter into reciprocal agreements with real estate regulatory authorities of other jurisdictions that provide for waivers of education requirements or examinations if the commission considers the education and examination requirements of another jurisdiction to be substantially equivalent to the requirements of this chapter."

SECTION     2.     This act takes effect upon approval by the Governor.             /

    Renumber sections to conform.
    Amend title to conform.