Real estate brokers; exempt license requirement in certain circumstances. (SB1031)

Introduced By

Sen. Emmett Hanger (R-Mount Solon)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Department of Professional and Occupational Regulation; Real Estate Board; commercial real estate brokers. Exempts from the license requirement any person who is licensed and in good standing as a real estate broker or salesperson in another jurisdiction, who assists a prospective purchaser, tenant, optionee, or licensee located in another jurisdiction to purchase, lease, option, or license an interest in commercial real estate, as defined and amended in 55-526, in the Commonwealth. The bill also authorizes such real estate licensee from another jurisdiction to be compensated by a real estate broker in the Commonwealth. Amends § 54.1-2103, § 55-526, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/13/2009Prefiled and ordered printed; offered 01/14/09 098255232
01/13/2009Referred to Committee on General Laws and Technology
01/19/2009Impact statement from DPB (SB1031)
01/28/2009Reported from General Laws and Technology (15-Y 0-N) (see vote tally)
01/30/2009Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/02/2009Read second time and engrossed
02/03/2009Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/11/2009Placed on Calendar
02/11/2009Read first time
02/11/2009Referred to Committee on General Laws
02/19/2009Reported from General Laws with amendments (21-Y 0-N) (see vote tally)
02/23/2009Read second time
02/24/2009Read third time
02/24/2009Committee amendments agreed to
02/24/2009Engrossed by House as amended
02/24/2009Passed House with amendments BLOCK VOTE (99-Y 0-N)
02/24/2009VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/25/2009House amendments agreed to by Senate (38-Y 0-N) (see vote tally)
03/04/2009Enrolled
03/04/2009Bill text as passed Senate and House (SB1031ER)
03/05/2009Signed by President
03/06/2009Signed by Speaker
03/11/2009Impact statement from DPB (SB1031ER)
03/27/2009G Approved by Governor-Chapter 262 (effective 7/1/09)
03/27/2009G Acts of Assembly Chapter text (CHAP0262)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 40 seconds.