HB1237
Real estate brokers; definitions, prohibits certain locations from being used as places of business.
Summary
As Passed House of Origin. Department of Professional and Occupational Regulation; real estate brokers; places of business.
Defines "place of business" for real estate brokers. The bill requires every principal broker to have readily available to the public in his primary place of business the firm license, principal broker license, and the license of every salesperson and broker active with the firm and requires each branch office, ... (More) defined in the bill, to have readily available to the public the branch office license and a roster of every salesperson or broker assigned to that branch office. Finally, the bill requires any nonresident real estate broker residing in a state that mandates resident real estate brokers of the Commonwealth to maintain a place of business in such mandating state to maintain a place of business in the Commonwealth. This bill is identical to SB 437. (Less)-
Bill History
- 01/10/2024 - House: Prefiled and ordered printed; offered 01/10/24 24105125D
- 01/10/2024 - House: Referred to Committee on General Laws
- 01/24/2024 - House: Impact statement from DPB (HB1237)
- 01/26/2024 - House: Assigned GL sub: Housing/Consumer Protection
- 02/01/2024 - House: House subcommittee amendments and substitutes offered
- 02/01/2024 - House: Subcommittee recommends reporting with substitute (8-Y 0-N)
- 02/06/2024 - House: Reported from General Laws with substitute (20-Y 0-N)
- 02/06/2024 - House: Committee substitute printed 24105413D-H1
- 02/08/2024 - House: Read first time
- 02/09/2024 - House: Read second time
- 02/09/2024 - House: Committee substitute agreed to 24105413D-H1
- 02/09/2024 - House: Engrossed by House - committee substitute HB1237H1
- 02/12/2024 - House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
- 02/12/2024 - House: Impact statement from DPB (HB1237H1)
- 02/12/2024 - House: VOTE: Block Vote Passage (100-Y 0-N)
- 02/13/2024 - Senate: Constitutional reading dispensed
- 02/13/2024 - Senate: Referred to Committee on General Laws and Technology
- 02/21/2024 - Senate: Reported from General Laws and Technology (10-Y 0-N)
- 02/23/2024 - Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/26/2024 - Senate: Read third time
- 02/26/2024 - Senate: Passed Senate (40-Y 0-N)
- 02/29/2024 - House: Enrolled
- 02/29/2024 - House: Bill text as passed House and Senate (HB1237ER)
- 02/29/2024 - House: Signed by Speaker
- 03/01/2024 - House: Impact statement from DPB (HB1237ER)
- 03/03/2024 - Senate: Signed by President
- 03/11/2024 - House: Enrolled Bill communicated to Governor on March 11, 2024
- 03/11/2024 - Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
- 04/02/2024 - Governor: Approved by Governor-Chapter 327 (effective 7/1/24)
- 04/02/2024 - Governor: Acts of Assembly Chapter text (CHAP0327)
