VA SB437 | 2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 2 2024 - 100% progression
Action: 2024-04-02 - Governor: Acts of Assembly Chapter text (CHAP0352)
Text: Latest bill text (Chaptered) [HTML]

Summary

Department of Professional and Occupational Regulation; real estate brokers; places of business. Defines "place of business" for real estate brokers. The bill requires every principal broker to have readily available to the public in his primary place of business the firm license, principal broker license, and the license of every salesperson and broker active with the firm and requires each branch office, defined in the bill, to have readily available to the public the branch office license and a roster of every salesperson or broker assigned to that branch office. Finally, the bill requires any nonresident real estate broker residing in a state that mandates resident real estate brokers of the Commonwealth to maintain a place of business in such mandating state to maintain a place of business in the Commonwealth.

Tracking Information

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Title

Real estate brokers; definitions, prohibits certain locations from being used as places of business.

Sponsors


Roll Calls

2024-02-23 - Senate - Senate: House substitute agreed to by Senate (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-20 - House - House: VOTE: Block Vote Passage (98-Y 0-N) (Y: 98 N: 0 NV: 0 Abs: 2) [PASS]
2024-02-15 - House - House: Reported from General Laws with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-06 - Senate - Senate: Read third time and passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2024-01-31 - Senate - Senate: Reported from General Laws and Technology with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2024-04-02 Governor: Acts of Assembly Chapter text (CHAP0352)
2024-04-02 Governor: Approved by Governor-Chapter 352 (effective 7/1/24)
2024-03-11 Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
2024-03-11SenateEnrolled Bill Communicated to Governor on March 11, 2024
2024-03-02SenateSigned by President
2024-02-28HouseSigned by Speaker
2024-02-28SenateBill text as passed Senate and House (SB437ER)
2024-02-28SenateEnrolled
2024-02-23SenateTitle replaced 24107780D-H1
2024-02-23SenateHouse substitute agreed to by Senate (39-Y 0-N)
2024-02-22SenatePassed by for the day
2024-02-20HouseVOTE: Block Vote Passage (98-Y 0-N)
2024-02-20HousePassed House with substitute BLOCK VOTE (98-Y 0-N)
2024-02-20HouseEngrossed by House - committee substitute SB437H1
2024-02-20HouseCommittee substitute agreed to 24107780D-H1
2024-02-20HouseRead third time
2024-02-19HouseRead second time
2024-02-15HouseCommittee substitute printed h4410
2024-02-15HouseReported from General Laws with substitute (22-Y 0-N)
2024-02-13HouseReferred to Committee on General Laws
2024-02-13HouseRead first time
2024-02-13HousePlaced on Calendar
2024-02-06SenateRead third time and passed Senate (39-Y 0-N)
2024-02-05SenateEngrossed by Senate - committee substitute SB437S1
2024-02-05SenateCommittee substitute agreed to 24105412D-S1
2024-02-05SenateReading of substitute waived
2024-02-05SenateRead second time
2024-02-02SenateConstitutional reading dispensed (38-Y 0-N)
2024-01-31SenateCommittee substitute printed 24105412D-S1
2024-01-31SenateReported from General Laws and Technology with substitute (15-Y 0-N)
2024-01-09SenateReferred to Committee on General Laws and Technology
2024-01-09SenatePrefiled and ordered printed; offered 01/10/24 24104479D

Same As/Similar To

HB1237 (Similar To) 2024-04-02 - Governor: Acts of Assembly Chapter text (CHAP0327)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
5412100(n/a)See Bill Text
5412106.1(n/a)See Bill Text
5412110(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB437
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB437+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB437S1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB437H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB437ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0352+hil
Amendmenthttps://committees.lis.virginia.gov/pdfs/drafts/24105412D.pdf
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+SB437F122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+SB437FS1122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+SB437FH1122+PDF
Supplementhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+SB437FER122+PDF
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+S12V0063+SB0437
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+SV0239SB0437+SB0437
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H11V0207+SB0437
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+HV0892+SB0437
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+SV0571SB0437+SB0437

Bill Comments

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