2008-03-04                     House Journal                      Page 2162
HB 357                                                                                                                        
The Labor & Commerce Committee considered:                                                                                      
                                                                                                                                

2008-03-04                     House Journal                      Page 2163
     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)                                                                                                               
                                                                                                                                
The report was signed by Representative Olson, Chair, with the                                                                  
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (3):  Gatto, Ramras, Olson                                                                                              
                                                                                                                                
No recommendation (2):  Buch, Neuman                                                                                            
                                                                                                                                
Amend (2):  Gardner, LeDoux                                                                                                     
                                                                                                                                
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 Finance Committee.