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Bills · 2015-2016 Regular Session

SB 41

Died at session end Official bill text Atom feed

Relating to: cooperative agreements for out-of-state real estate brokers, salespersons, and time-share salespersons. (FE)

Housing and economic development authority, wisconsin Real property — Agent

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Current law authorizes limited real estate practice in this state by an

out-of-state real estate broker who is not licensed by the Real Estate Examining

Board (REEB), and for the broker's out-of-state salesperson or time-share

salesperson, if the out-of-state broker enters into a cooperative agreement with a

broker licensed by the REEB. Under current law, the REEB is required to develop,

by rule, the form and content of the cooperative agreement.

This bill deletes the requirement that the form be developed by rule.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Olsen (R)

1 cosponsors

Knudson (R)

Votes

Senate: Report passage recommended by Committee on Insurance, Housing, and Trade, Ayes 5, Noes 0

Passed 5–0 May 29, 2015 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Feb 19, 2015 · Senate

    Introduced by Senator Olsen; cosponsored by Representative Knudson

  2. Feb 19, 2015 · Senate

    Read first time and referred to Committee on Insurance, Housing, and Trade

  3. Feb 24, 2015 · Senate

    Fiscal estimate received

  4. May 13, 2015 · Senate

    Public hearing held

  5. May 20, 2015 · Senate

    Executive action taken

  6. May 29, 2015 · Senate

    Report passage recommended by Committee on Insurance, Housing, and Trade, Ayes 5, Noes 0

  7. May 29, 2015 · Senate

    Available for scheduling

  8. Apr 13, 2016 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1