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Legislation


2005 Regular Session

HOUSE BILL 464

CHAPTER NUMBER: 377 File Code: Business Regulation and Occupations Crossfiled with: SENATE BILL 256
Sponsored By:
Delegate Fulton
Entitled:
Real Estate Brokers - Limited Liability Companies - Payment of Commission

Synopsis:

Authorizing specified licensed real estate salespersons and licensed associate real estate brokers with the consent of a specified licensed real estate broker, to form a specified limited liability company; providing for the formation of a limited liability company; providing that a commission may be paid to the limited liability company under specified circumstances; etc.

History by Legislative Date

House Action
2/2
First Reading Economic Matters
2/9
Hearing 2/24 at 1:00 p.m.
3/7
Favorable Report by Economic Matters
3/8
Favorable Report Adopted
Second Reading Passed
3/10
Third Reading Passed (133-0)
4/5

House Concur - Senate Amendments
Third Reading Passed (134-0)
Passed Enrolled
Senate Action
3/11
First Reading Education Health and Environmental Affairs
4/5
Favorable with Amendments Report by Education Health and Environmental Affairs
4/3
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed with Amendments (44-2)
Action after passage in House and Senate
5/10
Signed by the Governor Chapter 377

Bill indexed under the following Subjects:

AGENTS AND BROKERS
LIMITED LIABILITY COMPANIES
REAL ESTATE -see also- AGENTS AND BROKERS
SALARIES -see also- OVERTIME

Bill affects the following Statutes:

Business Occupations and Professions
( 17-512 , 17-604 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
Senate
Number: 504937/01 (PDF)     Offered on: April 5, 2005   at: 11:08 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 10, 2005: Third Reading Passed (133-0)
April 5, 2005: Third Reading Passed (134-0)
Senate
April 4, 2005: Third Reading Passed (46-0)
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