Introduced
by
To establish that money from the state real estate enforcement fund is to be used by the Attorney General directly for the investigation and enforcement of licensure law violations and real estate fraud, including mortgage fraud. Under current law, enforcement activity paid for by the fund is done by the Department of Consumer and Industry Services, and is limited to licensure issues.
Referred to the Committee on Regulatory Reform
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
To remove the provision authorizing the Attorney General to be the entity using this fund's money for enforcement actions.
The amendment failed by voice vote
Passed in the House 106 to 0 (details)
Referred to the Committee on Economic Development, Small Business, and Regulatory Reform
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that requires the Department of Licensing and Regulation (DLEG), in conjunction with the Attorney General, to use the Real Estate Enforcement Fund for the investigation and enforcement of actions regarding unlicensed activity and real estate fraud.
The substitute passed by voice vote
Passed in the Senate 38 to 0 (details)
To require the Department of Licensing and Regulation (DLEG), in conjunction with the Attorney General, to use the Real Estate Enforcement Fund for the investigation and enforcement of actions regarding unlicensed activity and real estate fraud. Currently, DLEG must use the Fund for the enforcement of licensure law violations, and to reimburse the Attorney General for expenses incurred in prosecuting unlicensed practice. The bill would delete that provision.
Passed in the House 104 to 0 (details)
To concur with the Senate-passed version of the bill.
