SB 394 Hawaii Senate · 2018 Regular Session

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 passed 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 Nov 30, 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

Key actions

Committee

Mar 24, 2017

Committee

Reported from CPC (Stand. Com. Rep. No. 1313), recommending passage on Second Reading and referral to JUD.

lower

Mar 17, 2017

Lower · 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.

lower

Mar 9, 2017

Committee

Referred to CPC, JUD, referral sheet 27

lower

Mar 7, 2017

Introduced

Received from Senate (Sen. Com. No. 148) in amended form (SD 1).

lower

Mar 7, 2017

Upper · 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.

upper

Feb 27, 2017

Upper · 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.

upper

Feb 23, 2017

Upper · Passed

The committee(s) on JDL will hold a public decision making on 02-27-17 10:00AM in conference room 016.

upper

Feb 9, 2017

Committee

Report adopted; Passed Second Reading and referred to JDL.

upper

Feb 9, 2017

Committee

Reported from CPH (Stand. Com. Rep. No. 92) with recommendation of passage on Second Reading and referral to JDL.

upper

Feb 2, 2017

Upper · 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.

upper

Jan 31, 2017

Upper · Passed

The committee(s) on CPH deferred the measure until 02-02-17 10:00AM in conference room 229.

upper

Jan 25, 2017

Upper · Passed

The committee(s) on CPH has scheduled a public hearing on 01-31-17 9:00AM in conference room 229.

upper

Jan 23, 2017

Committee

Referred to CPH, JDL.

upper

Jan 20, 2017

Introduced

Introduced.

upper

2 primary · 0 co-sponsors