2002 Regular Session

HOUSE BILL 596

File Code: Business Regulation and Occupations Crossfiled with: SENATE BILL 523
Sponsored By:
Delegate Brown
Entitled:
Nonresident Real Estate Brokers - Commercial Real Estate - Reciprocity

Synopsis:

Requiring both a nonresident real estate broker and a nonresident real estate salesperson to meet specified conditions in order to engage in a commercial real estate transaction in the State; requiring a specified written application to be submitted to the State Real Estate Commission before a nonresident real estate broker may provide services; establishing a fee of $45 for a temporary license; imposing specified reciprocity requirements; etc.

History by Legislative Date

House Action
2/4
First Reading Economic Matters
2/8
Hearing 2/19 at 1:00 p.m.
3/11
Favorable with Amendments Report by Economic Matters
3/12
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/14
Third Reading Passed (136-0)
4/5
House Concur - Senate Amendments
Third Reading Passed (134-0)
Passed Enrolled
5/15
Governor vetoed - Policy
Senate Action
3/18
First Reading Education Health and Environmental Affairs
4/1
Favorable with Amendments Report by Education Health and Environmental Affairs
3/30
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/31
Third Reading Passed with Amendments (47-0)
Bill indexed under the following Subjects:
AGENTS AND BROKERS
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
FEES -see also- DEVELOPMENT FEES AND TAXES
INTERSTATE AFFAIRS
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
NONRESIDENTS -see also- ALIENS
PROCESS SERVING
REAL ESTATE -see also- AGENTS AND BROKERS
SECRETARY OF STATE
Bill affects the following Statutes:
Business Occupations and Professions
( 17-536 , 17-537 , 17-538 , 17-539 , 17-540 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 213594/1 (PDF)     Offered on: March 12, 2002   at: 11:33 a.m.     Status: Adopted
Senate
Number: 054733/1 (PDF)     Offered on: April 1, 2002   at: 11:02 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 14, 2002: Third Reading Passed (136-0)
April 5, 2002: Third Reading Passed (134-0)
Senate
March 31, 2002: Third Reading Passed (47-0)