CHAPTER 65
SB 71 - FINAL VERSION
4/12/01...0746s
2001 SESSION
08/10
SENATE BILL 71
AN ACT establishing a study committee relative to the regulation and compensation of persons licensed under the real estate practice act.
SPONSORS: Sen. Johnson, Dist 3; Sen. Cohen, Dist 24; Rep. Gallus, Coos 7; Rep. Poulin, Merr 14; Rep. Clayton, Hills 39
COMMITTEE: Executive Departments and Administration
This bill creates a committee to study the regulation and compensation of persons licensed under the real estate practice act.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
4/12/01...0746s
01-0815
08/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand One
AN ACT establishing a study committee relative to the regulation and compensation of persons licensed under the real estate practice act.
Be it Enacted by the Senate and House of Representatives in General Court convened:
65:1 Committee Established. There is established a committee to study the regulation and compensation of persons licensed under the real estate practice act.
65:2 Membership and Compensation.
I. The members of the committee shall be as follows:
(a) Three members of the senate, appointed by the president of the senate.
(b) Three members of the house of representatives, appointed by the speaker of the house.
II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.
65:3 Duties. The committee shall assess possible changes to the real estate practice act regarding agents and agencies, and consider exceptions to prohibited payments by licensees. The committee shall review problems involving the real estate practice act, if any, and potential solutions.
65:4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named senate member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Four members of the committee shall constitute a quorum.
65:5 Report. The committee shall report its findings and any recommendations for proposed legislation to the senate president, the senate clerk, speaker of the house of representatives, the house clerk, the governor, and the state library on or before November 1, 2001.
65:6 Effective Date. This act shall take effect upon its passage.
(Approved: June 12, 2001)
(Effective Date: June 12, 2001)