Advisory committee backs doubling minimum experience points to 720; staff to draft rule language
After debate about statewide uniformity and executive-branch scrutiny, the committee voted to raise the minimum experience points from 360 to 720 and instructed staff to prepare draft rule language for July with a possible August proposal to the commission.
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Committee discussion moved from education credit to the baseline experience requirement. Members argued the existing minimum is low and urged raising the bar for sponsoring-broker eligibility to improve consumer protection. Chelsea (staff) cautioned that increases in minimum experience could be scrutinized by the governor's office as creating barriers to entry.
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