Bill Text: IA HSB131 | 2023-2024 | 90th General Assembly | Introduced
Bill Title: A bill for an act relating to real estate license revocations.(See HF 549.)
Spectrum: Committee Bill
Status: (Introduced) 2023-03-02 - Committee report approving bill, renumbered as HF 549. [HSB131 Detail]
Download: Iowa-2023-HSB131-Introduced.html
House
Study
Bill
131
-
Introduced
HOUSE
FILE
_____
BY
(PROPOSED
COMMITTEE
ON
JUDICIARY
BILL
BY
CHAIRPERSON
HOLT)
A
BILL
FOR
An
Act
relating
to
real
estate
license
revocations.
1
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
2
TLSB
1839YC
(2)
90
es/rn
H.F.
_____
Section
1.
Section
543B.29,
subsection
4,
Code
2023,
is
1
amended
to
read
as
follows:
2
4.
A
real
estate
broker’s
or
salesperson’s
license
shall
be
3
revoked
following
three
violations
of
this
section
or
section
4
543B.34
within
a
three-year
period.
The
date
each
violation
5
was
committed
shall
be
the
only
dates
considered
in
determining
6
whether
a
licensee
committed
three
violations
of
this
section
7
or
section
543B.34
within
a
three-year
period.
8
EXPLANATION
9
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
10
the
explanation’s
substance
by
the
members
of
the
general
assembly.
11
This
bill
relates
to
real
estate
license
revocations.
12
Current
law
provides
that
a
real
estate
broker’s
or
13
salesperson’s
license
shall
be
revoked
for
three
violations
14
of
Code
section
543B.29,
relating
to
license
revocation
or
15
suspension,
or
Code
section
543B.34,
relating
to
investigations
16
and
licensing
sanctions,
within
a
three-year
period.
The
17
bill
provides
that
the
dates
violations
occurred
within
18
the
three-year
period
shall
be
the
only
dates
considered
in
19
determining
whether
the
three-violation
threshold
has
been
met.
20
-1-
LSB
1839YC
(2)
90
es/rn
1/
1
