CRESPA; settlement agent registration; shifts duty to register settlement agents. (SB938)
Introduced By
Sen. John Watkins (R-Midlothian)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
CRESPA; settlement agent registration. Shifts the duty to register settlement agents from the Virginia State Bar to the appropriate licensing authorities that are responsible for regulating their particular settlement agents. The measure also allows the appropriate licensing authority to administratively terminate the registration of a settlement agent who fails to maintain a license, fails to renew his registration, or fails to comply with certain financial responsibility requirements. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/07/2009 | Prefiled and ordered printed; offered 01/14/09 090098348 |
| 01/07/2009 | Referred to Committee on General Laws and Technology |
| 01/15/2009 | Impact statement from DPB (SB938) |
| 01/28/2009 | Reported from General Laws and Technology (15-Y 0-N) (see vote tally) |
| 01/30/2009 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
| 02/02/2009 | Read second time and engrossed |
| 02/03/2009 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
| 02/11/2009 | Placed on Calendar |
| 02/11/2009 | Read first time |
| 02/11/2009 | Referred to Committee on General Laws |
| 02/16/2009 | Assigned GL sub: Housing |
| 02/18/2009 | Subcommittee recommends reporting |
| 02/19/2009 | Reported from General Laws (21-Y 0-N) (see vote tally) |
| 02/19/2009 | Referred to Committee on Appropriations |
| 02/23/2009 | Reported from Appropriations (24-Y 0-N) (see vote tally) |
| 02/24/2009 | Read second time |
| 02/25/2009 | Read third time |
| 02/25/2009 | Passed House BLOCK VOTE (100-Y 0-N) |
| 02/25/2009 | VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally) |
| 03/04/2009 | Enrolled |
| 03/04/2009 | Bill text as passed Senate and House (SB938ER) |
| 03/05/2009 | Signed by President |
| 03/06/2009 | Signed by Speaker |
| 03/11/2009 | Impact statement from DPB (SB938ER) |
| 03/27/2009 | G Approved by Governor-Chapter 256 (effective 7/1/09) |
| 03/27/2009 | G Acts of Assembly Chapter text (CHAP0256) |