Real estate brokers; escrow funds. (SB653)
Introduced By
Sen. Jennifer Boysko (D-Herndon)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Department of Professional and Occupational Regulation; real estate brokers; escrow funds. Provides that in the event of foreclosure of real property, all rent moneys, regardless of when received, shall be deposited in an escrow account by the end of the fifth business banking day following receipt, unless otherwise agreed to in writing by the principals to a lease transaction. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/07/2020 | Prefiled and ordered printed; offered 01/08/20 20102093D |
01/07/2020 | Referred to Committee on General Laws and Technology |
01/17/2020 | Impact statement from DPB (SB653) |
01/22/2020 | Reported from General Laws and Technology (13-Y 0-N) (see vote tally) |
01/24/2020 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
01/27/2020 | Read second time and engrossed |
01/28/2020 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/13/2020 | Placed on Calendar |
02/13/2020 | Read first time |
02/13/2020 | Referred to Committee on General Laws |
02/14/2020 | Assigned GL sub: Housing/Consumer Protection |
02/18/2020 | Subcommittee recommends reporting (6-Y 0-N) |
02/20/2020 | Reported from General Laws (21-Y 0-N) (see vote tally) |
02/24/2020 | Read second time |
02/25/2020 | Read third time |
02/25/2020 | Passed House BLOCK VOTE (100-Y 0-N) |
02/25/2020 | VOTE: Block Vote Passage (100-Y 0-N) (see vote tally) |
03/02/2020 | Enrolled |
03/02/2020 | Bill text as passed Senate and House (SB653ER) |
03/02/2020 | Impact statement from DPB (SB653ER) |
03/02/2020 | Signed by Speaker |
03/03/2020 | Signed by President |
03/12/2020 | Enrolled Bill Communicated to Governor on March 12, 2020 |
03/12/2020 | G Governor's Action Deadline 11:59 p.m., April 11, 2020 |
04/09/2020 | G Approved by Governor-Chapter 1014 (effective 7/1/20) |
04/09/2020 | G Acts of Assembly Chapter text (CHAP1014) |