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CS/HB 417: Real Estate Brokers & Salespersons

GENERAL BILL by Real Property & Probate ; Miller ; Constantine ; (CO-INTRODUCERS) Goodlette ; Kilmer ; Patterson ; Detert ; Posey ; Melvin ; Brown ; Ogles ; Lynn

Real Estate Brokers & Salespersons; provides regulatory exemption for certain registered securities dealers & financial institutions in connection with certain transactions; provides ground for discipline re designation of salespersons as single agents for different customers in certain transactions; provides penalties; revises intent of Brokerage Relationship Disclosure Act to eliminate required disclosure of nonrepresentation, etc. Amends Ch. 475.

Effective Date: 10/01/1999
Last Action: 6/18/1999 - Approved by Governor; Chapter No. 99-384
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/26/1999 House • Prefiled
    2/3/1999 House • Referred to Business Regulation & Consumer Affairs (CAC); Real Property & Probate (CJC)
    3/1/1999 House • On Committee agenda-- Business Regulation & Consumer Affairs (CAC), 03/03/99, 10:00 am, 413C
    3/2/1999 House • Introduced, referred to Business Regulation & Consumer Affairs (CAC); Real Property & Probate (CJC) -HJ 00046; On Committee agenda-- Business Regulation & Consumer Affairs (CAC), 03/03/99, 10:00 am, 413C --Temporarily deferred
    3/8/1999 House • On Committee agenda-- Business Regulation & Consumer Affairs (CAC), 03/11/99, 1:00 pm, 413C
    3/11/1999 House • Comm. Action: Unanimously Favorable with 1 amendment(s) by Business Regulation & Consumer Affairs (CAC) -HJ 00316
    3/15/1999 House • Now in Real Property & Probate (CJC) -HJ 00316
    3/16/1999 House • On Committee agenda-- Real Property & Probate (CJC), 03/18/99, 1:30 pm, 314-HOB
    3/18/1999 House • Comm. Action:-Unanimously CS by Real Property & Probate (CJC) -HJ 00402
    3/25/1999 House • CS read first time on 03/25/99 -HJ 00401; Pending review of CS under Rule 113; Placed on calendar, available for General Calendar -HJ 00402
    4/8/1999 House • Placed on Special Order Calendar; Retained on Calendar
    4/13/1999 House • Placed on Special Order Calendar; Read second time -HJ 00562; Amendment(s) adopted -HJ 00562
    4/15/1999 House • Read third time -HJ 00589; CS passed as amended; YEAS 117 NAYS 0 -HJ 00589
    4/21/1999 Senate • In Messages
    4/26/1999 Senate • Received, referred to Regulated Industries -SJ 00891; Immediately withdrawn from Regulated Industries -SJ 00859; Substituted for CS/SB 1072 -SJ 00859; Read second time -SJ 00859
    4/27/1999 Senate • Read third time -SJ 01165; CS passed; YEAS 39 NAYS 0 -SJ 01165
    4/27/1999 House • Ordered enrolled -HJ 01479
    6/4/1999 • Signed by Officers and presented to Governor
    6/18/1999 • Approved by Governor; Chapter No. 99-384

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  • CS/HB 417, Enrolled (Current Bill Version) Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1072 (c1) Real Estate Brokers & Salespersons Sullivan Identical Last Action: 4/26/1999 S Placed on Special Order Calendar -SJ 00792, -SJ 00886; House Bill substituted -SJ 00859; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/HB 417 (Ch. 99-384)
    Location:
    H 2169 Real Estate Brokers & Salespersons Goodlette Compare Last Action: 4/30/1999 H Died in Committee on Business Regulation & Consumer Affairs (CAC), Iden./Sim./Compare Bill(s) passed, refer to CS/HB 417 (Ch. 99-384)
    Location:
    S 2566 Real Estate Brokers & Salespersons King Compare Last Action: 4/30/1999 S Died in Committee on Regulated Industries, Iden./Sim./Compare Bill(s) passed, refer to CS/HB 417 (Ch. 99-384)
    Location:

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    475.01 Definitions.
    475.011 Exemptions.
    475.181 Licensure.
    475.25 Discipline.
    475.272 Purpose.
    475.274 Scope of coverage.
    475.2755 Designated salesperson.
    475.276 Notice of nonrepresentation.
    475.278 Authorized brokerage relationships; required disclosures.
    475.2801 Rules.
    475.482 Real Estate Recovery Fund.
    475.483 Conditions for recovery; eligibility.
    475.5015 Brokerage business records.

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  • CS/HB 417, Engrossed 1 Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Votes (2)

    Date Chamber Result
    4/15/1999 10:42 AM House 117 Yeas - 0 Nays
    4/27/1999 2:25 PM Senate 39 Yeas - 0 Nays

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    475.01 Definitions.
    475.011 Exemptions.
    475.181 Licensure.
    475.25 Discipline.
    475.272 Purpose.
    475.274 Scope of coverage.
    475.2755 Designated salesperson.
    475.276 Notice of nonrepresentation.
    475.278 Authorized brokerage relationships; required disclosures.
    475.2801 Rules.
    475.482 Real Estate Recovery Fund.
    475.483 Conditions for recovery; eligibility.
    475.5015 Brokerage business records.

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  • CS/HB 417, Committee Substitute 1 Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   Real Property & Probate (Post-Meeting) 3/24/1999 (pdf)

    Floor Amendments (3)

    Amendment Sponsor Filed Last Floor Action Format
    040751 - Amendment
    Miller 4/8/1999
    1:14 AM
    Web Page
    PDF
    120417 - Amendment
    Miller 4/8/1999
    1:14 AM
    Web Page
    PDF
    915919 - Amendment
    Miller 4/8/1999
    1:16 AM
    Web Page
    PDF

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    475.01 Definitions.
    475.011 Exemptions.
    475.181 Licensure.
    475.25 Discipline.
    475.272 Purpose.
    475.274 Scope of coverage.
    475.2755 Designated salesperson.
    475.276 Notice of nonrepresentation.
    475.278 Authorized brokerage relationships; required disclosures.
    475.2801 Rules.
    475.482 Real Estate Recovery Fund.
    475.483 Conditions for recovery; eligibility.
    475.5015 Brokerage business records.

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  • HB 417, Original Filed Version Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   Business Regulation & Consumer Affairs (Post-Meeting) 2/22/1999 (pdf)
    Business Regulation & Consumer Affairs (Post-Meeting) 3/12/1999 (pdf)
    Real Property & Probate (Post-Meeting) 3/15/1999 (pdf)

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    475.01 Definitions.
    475.011 Exemptions.
    475.25 Discipline.
    475.272 Purpose.
    475.274 Scope of coverage.
    475.2755 Designated salesperson.
    475.276 Notice of nonrepresentation.
    475.278 Authorized brokerage relationships; required disclosures.
    475.2801 Rules.
    475.5015 Brokerage business records.

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