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AZ HB2007

Bill

Status

Engrossed

2/15/2024

Primary Sponsor

Gail Griffin

Click for details

Origin

House of Representatives

Fifty-sixth Legislature - Second Regular Session (2024)

AI Summary

  • Amends section 32-2185.09, Arizona Revised Statutes, to modify civil penalty provisions for subdividers and agents subject to the department's jurisdiction.

  • Changes civil penalty calculation from per-infraction basis to $2,000 per lot where a violation occurs, eliminating the previous rule that violations concerning multiple lots counted as a single infraction.

  • Maintains $5,000 civil penalty cap for selling or leasing subdivision lots without a required public report from the commissioner, with the same per-infraction structure.

  • Preserves the five-year statute of limitations for commencing proceedings to impose civil penalties or suspend/revoke licenses, measured from actual discovery or discovery that should have occurred with reasonable diligence.

Legislative Description

Subdivided lands; civil penalties

Real Estate

Last Action

Senate minority caucus: Do pass

3/12/2024

Committee Referrals

Rules2/15/2024
Finance and Commerce2/15/2024
Rules1/9/2024
Land, Agriculture and Rural Affairs1/9/2024

Full Bill Text

No bill text available