SB 210 - AS AMENDED BY THE SENATE

03/13/03 0582s

2003 SESSION

03-1183

08/09

SENATE BILL 210

AN ACT relative to the administrative procedures of the real estate commission.

SPONSORS: Sen. Below, Dist 5; Sen. Gatsas, Dist 16; Sen. Flanders, Dist 7; Rep. Patten, Carr 7; Rep. Mercer, Hills 59; Rep. Wall, Straf 72

COMMITTEE: Executive Departments and Administration

ANALYSIS

This bill removes the real estate commissions' authority to use consent agreements to informally dispose of complaints brought against licensees.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03/13/03 0582s

03-1183

08/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Three

AN ACT relative to the administrative procedures of the real estate commission.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Paragraph; Disciplinary Actions; Informal Disposition. Amend RSA 331-A:28 by inserting after paragraph III the following new paragraph:

IV. Informal dispositions and the provisions of RSA 541-A:31, V shall not be available to the commission.

2 Repeal. RSA 331-A:28, IV, relative to informal dispositions by the real estate board, is repealed.

3 Effective Date.

I. Section 1 of this act shall take effect 60 days after its passage.

II. The remainder of this act shall take effect January 1, 2005.

LBAO

03-1183

4/3/03

SB 210 FISCAL NOTE

AN ACT relative to the administrative procedures of the real estate commission.

FISCAL IMPACT:

The Legislative Budget Assistant has determined that this legislation, as amended by the Senate (Senate Amendment #2003-0582s), has a total fiscal impact of less than $10,000 in each of the fiscal years 2003 through 2007.