RELATING TO REAL ESTATE BROKERS.
Summary
Creates criminal penalties for real estate brokers for improper deposit, segregation, or disposition of client trust account funds. Requires the principal broker to report the client trust account number and name of the managing institution to the real estate commission. Specifies that the principal broker must report changes in the account number and account location within ten days of a change. Authorizes the real estate commission to take action in circuit court to enforce client trust account requirements. Takes effect on 1/7/2059. (SD1)
Bill status
in committee
3 of 5 stages cleared
Introduction
Jan 2017
Committee Review
Mar 2017
Senate Passage
Mar 2017
House Passage
Governor
Introduced Jan 20, 2017
Last action Mar 24, 2017
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
21
Key actions
7
Committee
11
Mar 24, 2017
Committee
Reported from CPC (Stand. Com. Rep. No. 1313), recommending passage on Second Reading and referral to JUD.
legislature
Mar 17, 2017
Legislature · Passed
The committees on CPC recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 8 Ayes: Representative(s) Takumi, Aquino, Ito, Todd, Yamane, Fukumoto; Ayes with reservations: Representative(s) Say, Takayama; Noes: none; and 1 Excused: Representative(s) Ichiyama.
legislature
Mar 9, 2017
Committee
Referred to CPC, JUD, referral sheet 27
legislature
Mar 7, 2017
Introduced
Received from Senate (Sen. Com. No. 148) in amended form (SD 1).
legislature
Mar 7, 2017
Legislature · Passed
Report adopted; Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
legislature
Feb 27, 2017
Legislature · Passed
The committee(s) on JDL recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDL were as follows: 5 Aye(s): Senator(s) Keith-Agaran, K. Rhoads, Gabbard, Kim, L. Thielen; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
legislature
Feb 23, 2017
Legislature · Passed
The committee(s) on JDL will hold a public decision making on 02-27-17 10:00AM in conference room 016.
legislature
Feb 9, 2017
Committee
Report adopted; Passed Second Reading and referred to JDL.
legislature
Feb 9, 2017
Committee
Reported from CPH (Stand. Com. Rep. No. 92) with recommendation of passage on Second Reading and referral to JDL.
legislature
Feb 2, 2017
Legislature · Passed
The committee(s) on CPH recommend(s) that the measure be PASSED, UNAMENDED. The votes in CPH were as follows: 5 Aye(s): Senator(s) Baker, Nishihara, S. Chang, Espero, Ihara; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kidani, Ruderman.
legislature
Jan 31, 2017
Legislature · Passed
The committee(s) on CPH deferred the measure until 02-02-17 10:00AM in conference room 229.
legislature
Jan 25, 2017
Legislature · Passed
The committee(s) on CPH has scheduled a public hearing on 01-31-17 9:00AM in conference room 229.
legislature
Jan 23, 2017
Committee
Referred to CPH, JDL.
legislature
Jan 20, 2017
Introduced
Introduced.
legislature
2 primary · 0 co-sponsors
Sponsors
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