Bill Sponsors: NY S02131 | 2021-2022 | General Assembly

Bill Title: Relates to requiring the secretary of state to promulgate regulations requiring real estate brokers to institute standardized operating procedures for the prerequisites prospective homebuyers shall meet prior to receiving any services; allows for a penalty to be imposed on any broker or salesperson who fails to comply with such standardized operating procedures.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Passed) 2021-12-21 - APPROVAL MEMO.80 [S02131 Detail]

Text: Latest bill text (Amended) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator James Skoufis [D]PrimarySponsored BillsSD-042FollowTheMoneyBallotpediaVoteSmart
Senator Brian Kavanagh [D]CosponsorSponsored BillsSD-027FollowTheMoneyBallotpediaVoteSmart
Senator Kevin Thomas [D]CosponsorSponsored BillsSD-006FollowTheMoneyBallotpediaVoteSmart
Senator Alessandra Biaggi [D]CosponsorSponsored BillsSD-034FollowTheMoneyBallotpediaVoteSmart
Senator James Gaughran [D]CosponsorSponsored BillsSD-005FollowTheMoneyBallotpediaVoteSmart
Senator Anna Kaplan [D]CosponsorSponsored BillsSD-007FollowTheMoneyBallotpediaVoteSmart

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