Legislature(2011 - 2012)BELTZ 105 (TSBldg)
03/15/2012 01:30 PM Senate LABOR & COMMERCE
| Audio | Topic |
|---|---|
| Start | |
| Presentation: "how Equality Policies Work to Strengthen Economies and the Labor Force." | |
| SB28 | |
| HB267 | |
| SB116 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| + | TELECONFERENCED | ||
| + | HB 267 | TELECONFERENCED | |
| += | SB 116 | TELECONFERENCED | |
| = | SB 28 | ||
HB 267-REAL ESTATE SALES LICENSEES/COM'N
2:29:26 PM
CHAIR EGAN announced consideration of HB 267 [2n CSHB 267(JUD)
was before the committee].
TERRY HARVEY, staff to Representative Cathy Munoz, sponsor of HB
267, said the committee heard the Senate companion bill a few
weeks back. It was sponsored by the chair, so he knew they were
familiar with it. He said this bill resolves three areas of
concern brought to them by the Alaska Realtors Association. It
modifies real estate law in one area and offers clarity in
several others. The modifier will allow a licensee to share a
part of all of their commission with a charitable organization;
this is not allowed under current statutes that say a licensee
can only share that information with another licensee. This
makes an exception for charitable organizations and promotes
charitable giving within the industry.
2:31:20 PM
HB 267 also clarifies that a licensed assistant can only work
for one brokerage at a time. It also clarifies the closing
process for a brokerage. Currently, if a broker becomes ill or
incapacitated or violates the law, only another licensed broker
may be assigned by the Real Estate Commission to perform the
incapacitated broker's functions. This change allows the
flexibility for the Real Estate Commission to choose among other
licensees for that duty, like a real estate sales professional.
This was deemed a reasonable concept, because some areas of
Alaska have only one broker in the entire community or perhaps
for many miles. The idea was to allow other licensees to be
designated by the commission to come in to perform the function
as needed.
MR. HARVEY said the House Judiciary Committee broadened the
title to include temporary permits, licensed assistants and
charitable organizations. Also more clarity was added to the
licensed assistant language that now reads:
The licensed assistant is not employed to perform
activities requiring licensure under this chapter for
more than one licensed real estate broker.
2:34:16 PM
SENATOR PASKVAN asked the Alaska Real Estate Commission's
position.
MR. HARVEY replied the Alaska Realtors Association supported the
changes, and he understood from them that the Real Estate
Commission also supported the changes.
CHAIR EGAN noted that Mr. Champion was shaking his head yes.
SENATOR PASKVAN asked if he knew of any serious opposition from
within the profession.
MR. HARVEY said he was not aware of any at this time.
2:35:54 PM
SENATOR PASKVAN moved to report 2d CSHB 267(JUD), version I,
from committee to the next committee of referral with individual
recommendations and attached zero fiscal note. There were no
objections and it was so ordered.
| Document Name | Date/Time | Subjects |
|---|---|---|
| SB 116 lttr opposing, WCCommittee of AK 030512.pdf |
SL&C 3/15/2012 1:30:00 PM |
SB 116 |