NJ S3590 | 2020-2021 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 4-0)
Status: Passed on November 8 2021 - 100% progression
Action: 2021-11-08 - Approved P.L.2021, c.281.
Text: Latest bill text (Chaptered) [HTML]

Summary

Allows formation of limited liability companies by real estate salespersons and broker-salespersons to receive commission income and requires certain disclosures on promotions.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Allows formation of limited liability companies by real estate salespersons and broker-salespersons to receive commission income and requires certain disclosures on promotions.

Sponsors


Roll Calls

2021-06-24 - Assembly - Assembly Floor: Third Reading - Final Passage (Y: 73 N: 0 NV: 7 Abs: 0) [PASS]
2021-06-24 - Assembly - Assembly Floor: Substitute for A5536 (Voice Vote) (Y: 0 N: 0 NV: 0 Abs: 0) [PASS]
2021-06-14 - Assembly - Assembly Regulated Professions Committee: Reported Favorably (Y: 7 N: 0 NV: 1 Abs: 0) [PASS]
2021-06-03 - Senate - Senate Floor: Third Reading - Final Passage (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2021-05-06 - Senate - Senate Community and Urban Affairs Committee: Reported Favorably (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2021-11-08AssemblyApproved P.L.2021, c.281.
2021-06-24AssemblyPassed Assembly (Passed Both Houses) (73-0-1)
2021-06-24AssemblySubstituted for A5536
2021-06-14AssemblyReported out of Assembly Committee, 2nd Reading
2021-06-09AssemblyReceived in the Assembly, Referred to Assembly Regulated Professions Committee
2021-06-03SenatePassed by the Senate (38-0)
2021-05-06SenateReported from Senate Committee, 2nd Reading
2021-03-25SenateIntroduced in the Senate, Referred to Senate Community and Urban Affairs Committee

Same As/Similar To

A5536 (Same As) 2021-06-24 - Substituted by S3590

Subjects


New Jersey State Sources


Bill Comments

feedback