2008-03-12                     House Journal                      Page 2248
HB 357                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
    HOUSE BILL NO. 357                                                                                                          
    "An Act requiring errors and omissions insurance for real estate                                                            
    licensees; renaming the real estate surety fund as the real estate                                                          
    recovery fund and relating to that fund, and redefining the                                                                 
    procedures and criteria used by the Real Estate Commission to                                                               
    make an award from the fund to a person suffering a loss caused                                                             
    by certain misconduct of real estate licensees; requiring a real                                                            
    estate licensee to maintain an office in the state; and providing for                                                       
    an effective date."                                                                                                         
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
    CS FOR HOUSE BILL NO. 357(L&C)                                                                                              
    (same title)                                                                                                                

2008-03-12                     House Journal                      Page 2249
The report was signed by Representatives Meyer and Chenault, Co-                                                                
chairs, with the following individual recommendations:                                                                          
                                                                                                                                
Do pass (5):  Hawker, Crawford, Thomas, Meyer, Chenault                                                                         
                                                                                                                                
No recommendation (3):  Nelson, Kelly, Stoltze                                                                                  
                                                                                                                                
The following fiscal note(s) apply to CSHB 357(L&C):                                                                            
                                                                                                                                
1.  Zero, Dept. of Commerce, Community, & Economic Development                                                                  
2.  Zero, Dept. of Commerce, Community, & Economic Development                                                                  
                                                                                                                                
HB 357 was referred to the Rules Committee for placement on the                                                                 
calendar.