Bill Text: AZ SB1276 | 2022 | Fifty-fifth Legislature 2nd Regular | Chaptered

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Bill Title: State real estate department; continuation

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2022-03-18 - Chapter 19 [SB1276 Detail]

Download: Arizona-2022-SB1276-Chaptered.html

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Senate Engrossed

 

state real estate department; continuation

 

 

 

State of Arizona

Senate

Fifty-fifth Legislature

Second Regular Session

2022

 

 

 

CHAPTER 19

 

SENATE BILL 1276

 

An Act

 

repealing section 41-3022.05, Arizona Revised Statutes; amending title 41, chapter 27, article 2, Arizona Revised Statutes, by adding section 41-3030.05; relating to the state real estate department.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1. Repeal

Section 41-3022.05, Arizona Revised Statutes, is repealed.

Sec. 2. Title 41, chapter 27, article 2, Arizona Revised Statutes, is amended by adding section 41-3030.05, to read:

START_STATUTE41-3030.05. State real estate department; termination July 1, 2030

A. The state real estate department terminates on July 1, 2030.

B. Title 32, chapter 20 and this section are repealed on January 1, 2031. END_STATUTE

Sec. 3. Purpose

Pursuant to section 41-2955, subsection B, Arizona Revised Statutes, the legislature continues the state real estate department to protect the public health, safety and welfare by regulating the sale of real estate and through the administration of the real estate recovery fund.

Sec. 4. Retroactivity

Sections 1 and 2 of this act apply retroactively to from and after July 1, 2022.

 

 

 

APPROVED BY THE GOVERNOR MARCH 18, 2022.

 

FILED IN THE OFFICE OF THE SECRETARY OF STATE MARCH 18, 2022.