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

DateAction
01/07/2009Prefiled and ordered printed; offered 01/14/09 090098348
01/07/2009Referred to Committee on General Laws and Technology
01/15/2009Impact statement from DPB (SB938)
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
02/16/2009Assigned GL sub: Housing
02/18/2009Subcommittee recommends reporting
02/19/2009Reported from General Laws (21-Y 0-N) (see vote tally)
02/19/2009Referred to Committee on Appropriations
02/23/2009Reported from Appropriations (24-Y 0-N) (see vote tally)
02/24/2009Read second time
02/25/2009Read third time
02/25/2009Passed House BLOCK VOTE (100-Y 0-N)
02/25/2009VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
03/04/2009Enrolled
03/04/2009Bill text as passed Senate and House (SB938ER)
03/05/2009Signed by President
03/06/2009Signed by Speaker
03/11/2009Impact statement from DPB (SB938ER)
03/27/2009G Approved by Governor-Chapter 256 (effective 7/1/09)
03/27/2009G Acts of Assembly Chapter text (CHAP0256)

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 30 seconds.