Extending the fee on real estate broker licenses to fund the Washington center for real estate research and adjusting the fee to account for inflation.

 H-0400.1

HOUSE BILL 1552

State of Washington

69th Legislature

2025 Regular Session

By Representatives Peterson, Low, Reed, Ormsby, and Hill

Read first time 01/23/25. Referred to Committee on Appropriations.

AN ACT Relating to extending the fee on real estate broker licenses to fund the Washington center for real estate research and adjusting the fee to account for inflation; amending RCW 18.85.451 , 18.85.461 , and 18.85.471 ; and providing expiration dates.

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

Sec. 1. RCW 18.85.451 and 2015 c 175 s 1 are each amended to read as follows:

(1) A fee of (( ten )) 20 dollars is created and shall be assessed on each real estate broker and managing broker's original license and upon each renewal of a license with an expiration date after October 1, 1999, including renewals of inactive licenses.