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Legislation


2002 Regular Session

SENATE BILL 523

File Code: Business Regulation and Occupations Crossfiled with: HOUSE BILL 596
Sponsored By:
Senators Conway and Collins
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

Senate Action
2/1
First Reading Education Health and Environmental Affairs
2/6
Hearing 2/21 at 1:00 p.m.
2/11
Hearing cancelled
Hearing 3/1 at 1:00 p.m.
3/11
Favorable with Amendments Report by Education Health and Environmental Affairs
3/12
Favorable with Amendments
Laid Over (Senator Della) Adopted
3/13
Favorable with Amendments
Special Order 3/14 (Senator Teitelbaum) Adopted
3/14
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/18
Third Reading Passed (46-0)
4/1
Senate Concur - House Amendment
Third Reading Passed (46-0)
Passed Enrolled
5/15
Governor vetoed - Policy
House Action
3/19
First Reading Economic Matters
3/20
Hearing 3/27 at 1:00 p.m.
3/29
Favorable with Amendments Report by Economic Matters
3/28
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/29
Floor Amendment (Delegate Busch) Adopted
Third Reading Passed with Amendments (133-0)
Sponsored by:
Senator Joan Carter Conway, District 43
Senator Michael J. Collins, District 6
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:
Senate
Number: 764431/1 (PDF)     Offered on: March 14, 2002   at: 10:58 a.m.     Status: Adopted
House
Number: 333891/1 (PDF)     Offered on: March 29, 2002   at: 10:50 a.m.     Status: Adopted
Number: 653825/1 (PDF)     Offered on: April 1, 2002   at: 12:38 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 18, 2002: Third Reading Passed (46-0)
April 1, 2002: Third Reading Passed (46-0)
House
March 29, 2002: Third Reading Passed with Amendments (133-0)
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