Loading chat...

CA SB1123

Bill

Status

Introduced

2/18/2010

Primary Sponsor

Gloria McLeod

Click for details

Origin

Senate

2009-2010 Session

AI Summary

  • Extends automatic fee reduction requirements to transfers or loans of Real Estate Fund money to any special fund, not just the General Fund, and by any law, not just the Budget Act

  • Automatic fee reductions apply 30 days after any transfer or loan occurs, affecting real estate broker/salesperson examination fees, license fees, and subdivision public report filing fees

  • Exempts transfers or loans from the Education and Research Account to special funds that are consistent with the account's purposes and approved by the Real Estate Commissioner from triggering fee reductions

  • Establishes maximum fee amounts for real estate licenses, examinations, and subdivision reports ranging from $10 to $1,600 plus per-unit charges when fees are reduced

Legislative Description

Real Estate Fund.

Last Action

Held in committee and under submission.

5/27/2010

Committee Referrals

Appropriations4/20/2010
Business, Professions and Economic Development2/25/2010
Rules2/18/2010

Full Bill Text

No bill text available