Real Estate Board; requirements for licensure, allows broker to enter into a voluntary program. (SB457)

Introduced By

Sen. Don McEachin (D-Richmond)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Department of Professional and Occupational Regulation; Real Estate Board; regulation of business brokers.  Establishes a voluntary compliance program within the Real Estate Board to allow certain real estate brokers to bring practices, policies and procedures into compliance with applicable laws and regulations. In addition, the bill provides for the Real Estate Board to establish minimum education requirements for licensure by reciprocity. The bill also provides for the licensure of persons providing business broker services in the Commonwealth with the regulatory program to be administered by the Director of the Department of Professional and Occupational Regulation. Read the Bill »


Bill Has Passed


01/13/2010Prefiled and ordered printed; offered 01/13/10 10101318D
01/13/2010Referred to Committee on General Laws and Technology
02/03/2010Reported from General Laws and Technology with substitute (15-Y 0-N) (see vote tally)
02/03/2010Committee substitute printed 10105013D-S1
02/08/2010Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/09/2010Read second time
02/09/2010Reading of substitute waived
02/09/2010Committee substitute agreed to 10105013D-S1
02/09/2010Engrossed by Senate - committee substitute SB457S1
02/10/2010Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/15/2010Impact statement from DPB (SB457S1)
02/16/2010Placed on Calendar
02/16/2010Read first time
02/16/2010Referred to Committee on General Laws
02/23/2010Reported from General Laws (22-Y 0-N) (see vote tally)
02/24/2010Read second time
02/25/2010Passed by for the day
02/26/2010Passed by for the day
03/01/2010Passed by for the day
03/02/2010Read third time
03/02/2010Amendment by Delegate Miller, J. H. agreed to
03/02/2010Engrossed by House as amended
03/02/2010Passed House with amendment (99-Y 0-N)
03/02/2010VOTE: --- PASSAGE (99-Y 0-N) (see vote tally)
03/04/2010House amendment agreed to by Senate (40-Y 0-N) (see vote tally)
03/11/2010Impact statement from DPB (SB457ER)
03/11/2010Signed by President
03/11/2010Bill text as passed Senate and House (SB457ER)
03/11/2010Signed by Speaker
03/12/2010Signed by President
03/19/2010Impact statement from DPB (SB457ER)
04/10/2010G Approved by Governor-Chapter 373 (effective 7/1/10)
04/10/2010G Acts of Assembly Chapter text (CHAP0373)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 3 clips in all, totaling 2 minutes.

Duplicate Bills

The following bills are identical to this one: HB963.