VA HB862 | 2018 | Regular Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on March 9 2018 - 100% progression
Action: 2018-03-09 - Governor: Acts of Assembly Chapter text (CHAP0223)
Text: Latest bill text (Chaptered) [HTML]

Summary

Professions and occupations; real estate licenses; real estate teams. Requires real estate teams as defined in the bill to obtain a business entity salesperson's license from the Real Estate Board (the Board). The bill requires a principal broker to obtain a branch office license from the Board for each place of business maintained by such principal broker within the Commonwealth. The bill also expands the responsibilities of supervising brokers as defined in the bill and requires that as a condition of the renewal of a branch office license, the supervising broker shall provide to the Board the name and license number of each real estate licensee affiliated with the branch office at the time of the renewal. The bill has a delayed effective date of January 1, 2019. This bill is identical to SB 758.

Tracking Information

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Title

Real estate licenses; required to obtain a business entity license.

Sponsors


Roll Calls

2018-02-22 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-21 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-19 - Senate - Senate: Reported from General Laws and Technology (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-12 - House - House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (Y: 100 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-06 - House - House: Reported from General Laws with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-01 - House - House: Subcommittee recommends reporting with substitute (6-Y 0-N) (Y: 6 N: 0 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2018-03-09 Governor: Acts of Assembly Chapter text (CHAP0223)
2018-03-09 Governor: Approved by Governor-Chapter 223 (effective 1/1/19)
2018-03-02 Governor: Governor's Action Deadline Midnight, March 9, 2018
2018-03-02HouseEnrolled Bill communicated to Governor on March 2, 2018
2018-02-28SenateSigned by President
2018-02-26HouseSigned by Speaker
2018-02-26HouseBill text as passed House and Senate (HB862ER)
2018-02-26HouseEnrolled
2018-02-22SenatePassed Senate (40-Y 0-N)
2018-02-22SenateRead third time
2018-02-21SenateConstitutional reading dispensed (40-Y 0-N)
2018-02-19SenateReported from General Laws and Technology (13-Y 0-N)
2018-02-13SenateReferred to Committee on General Laws and Technology
2018-02-13SenateConstitutional reading dispensed
2018-02-12HouseVOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
2018-02-12HouseRead third time and passed House BLOCK VOTE (100-Y 0-N)
2018-02-09HouseEngrossed by House - committee substitute HB862H1
2018-02-09HouseCommittee substitute agreed to 18106546D-H1
2018-02-09HouseRead second time
2018-02-08HouseRead first time
2018-02-06HouseCommittee substitute printed 18106546D-H1
2018-02-06HouseReported from General Laws with substitute (22-Y 0-N)
2018-02-01HouseSubcommittee recommends reporting with substitute (6-Y 0-N)
2018-01-19HouseAssigned GL sub: Subcommittee #2
2018-01-09HouseReferred to Committee on General Laws
2018-01-09HousePrefiled and ordered printed; offered 01/10/18 18104635D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
5412100(n/a)See Bill Text
5412101(n/a)See Bill Text
5412106.1(n/a)See Bill Text
5412110.1(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+sum+HB862
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB862+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB862H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB862ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+CHAP0223+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+H1102V0033+HB0862
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+H11V0100+HB0862
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+HV0531+HB0862
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+S12V0152+HB0862
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+SV0596HB0862+HB0862
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?181+vot+SV0620HB0862+HB0862

Bill Comments

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