Legislation

Title: Real Estate - Workgroup to Study Real Estate Trust Money Distribution
Sponsored by: Delegate C. Branch
Status: In the Senate - Rereferred to Education, Health, and Environmental Affairs
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Establishing the Workgroup to Study Real Estate Trust Money Distribution; providing for the membership, composition, chair and staffing of the Workgroup; requiring the workgroup to study certain issues including the timely disposition of deposit money when a dispute arises between buyer and seller; and requiring the Workgroup to report to certain committees of the General Assembly by December 1, 2021, recommendations for any legislation needed to clarify the manner in which real estate trust money is distributed.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Education, Health, and Environmental Affairs

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2021

History

Legislation History
Chamber House Calendar Date 2/05/2021 Legislative Date 2/05/2021 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Real Estate - Real Estate Brokerage Services - Prohibition Proceedings
Chamber House Calendar Date 2/09/2021 Legislative Date 2/09/2021 Action Hearing 3/02 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/01/2021 Legislative Date 4/01/2021 Action Favorable with Amendments Report by Economic Matters Proceedings
Chamber House Calendar Date 4/01/2021 Legislative Date 3/16/2021 Action Favorable with Amendments {743095/1 Adopted Proceedings 35AClick to view Recorded Media
Chamber House Calendar Date 4/01/2021 Legislative Date 3/16/2021 Action Second Reading Passed with Amendments Proceedings 35AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Real Estate - Workgroup to Study Real Estate Trust Money Distribution Proceedings
Chamber House Calendar Date 4/01/2021 Legislative Date 3/17/2021 Action Third Reading Passed (94-41) Proceedings 36 Click to view Recorded Media
Chamber Senate Calendar Date 4/02/2021 Legislative Date 3/12/2021 Action Referred Rules Proceedings 39 Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2021 Legislative Date 4/08/2021 Action Rereferred to Education, Health, and Environmental Affairs Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/05/2021	2/05/2021	First Reading Economic Matters
			Text - First - Real Estate - Real Estate Brokerage Services - Prohibition
House	2/09/2021	2/09/2021	Hearing 3/02 at 1:30 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	4/01/2021	4/01/2021	Favorable with Amendments Report by Economic Matters
House	4/01/2021	3/16/2021	Favorable with Amendments {743095/1 Adopted	35AClick to view Recorded Media
House	4/01/2021	3/16/2021	Second Reading Passed with Amendments	35AClick to view Recorded Media
			Text - Third - Real Estate - Workgroup to Study Real Estate Trust Money Distribution
House	4/01/2021	3/17/2021	Third Reading Passed (94-41)	36 Click to view Recorded Media
Senate	4/02/2021	3/12/2021	Referred Rules	39 Click to view Recorded Media
Senate	4/08/2021	4/08/2021	Rereferred to Education, Health, and Environmental Affairs

File Code

Subjects

Statutes