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2020 SESSION

• | print version

SB 653 Real estate brokers; escrow funds.

Introduced by: Jennifer B. Boysko | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Department of Professional and Occupational Regulation; real estate brokers; escrow funds. Provides that in the event of foreclosure of real property, all rent moneys, regardless of when received, shall be deposited in an escrow account by the end of the fifth business banking day following receipt, unless otherwise agreed to in writing by the principals to a lease transaction.

FULL TEXT

• 01/07/20  Senate: Prefiled and ordered printed; offered 01/08/20 20102093D  pdf | impact statement
• 03/02/20  Senate: Bill text as passed Senate and House (SB653ER)  pdf | impact statement
• 04/09/20  Governor: Acts of Assembly Chapter text (CHAP1014)  pdf

HISTORY

• 01/07/20  Senate: Prefiled and ordered printed; offered 01/08/20 20102093D
• 01/07/20  Senate: Referred to Committee on General Laws and Technology
• 01/22/20  Senate: Reported from General Laws and Technology (13-Y 0-N)
• 01/24/20  Senate: Constitutional reading dispensed (39-Y 0-N)
• 01/27/20  Senate: Read second time and engrossed
• 01/28/20  Senate: Read third time and passed Senate (40-Y 0-N)
• 02/13/20  House: Placed on Calendar
• 02/13/20  House: Read first time
• 02/13/20  House: Referred to Committee on General Laws
• 02/14/20  House: Assigned GL sub: Housing/Consumer Protection
• 02/18/20  House: Subcommittee recommends reporting (6-Y 0-N)
• 02/20/20  House: Reported from General Laws (21-Y 0-N)
• 02/24/20  House: Read second time
• 02/25/20  House: Read third time
• 02/25/20  House: Passed House BLOCK VOTE (100-Y 0-N)
• 02/25/20  House: VOTE: Block Vote Passage (100-Y 0-N)
• 03/02/20  Senate: Enrolled
• 03/02/20  Senate: Bill text as passed Senate and House (SB653ER)
• 03/02/20  House: Signed by Speaker
• 03/03/20  Senate: Signed by President
• 03/12/20  Senate: Enrolled Bill Communicated to Governor on March 12, 2020
• 03/12/20  Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
• 04/09/20  Governor: Approved by Governor-Chapter 1014 (effective 7/1/20)
• 04/09/20  Governor: Acts of Assembly Chapter text (CHAP1014)