Legislature(2009 - 2010)
04/09/2009 01:09 PM Senate L&C
Audio | Topic |
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Start | |
SB187 | |
HB129 | |
SB12 | |
SB61 | |
Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
CSHB 129(RLS)-POWER TO REVOKE REAL ESTATE LICENSES 1:21:46 PM CHAIR PASKVAN announced CSHB 129(RLS) to be up for consideration. REPRESENTATIVE RAMRAS, sponsor of HB 129, introduced his staff, Margaret Dowling, who would present this bill for him. 1:23:18 PM MARGARET DOWLING, staff to Representative Ramras, said HB 129 makes a simple, but needed correction to existing law that says the Alaska Real Estate Commission must revoke the license of a real estate broker or an associate broker if that person has been convicted of forgery, theft, extortion, conspiracy to defraud creditors, or fraud. They can also refuse to grant a license or they can deny renewal of a license. The problem is that this language does not apply to Alaska's 1,460 sales people; there are only 411 associate brokers and 483 brokers. This issue was brought to their attention by the Real Estate Commission. This is a field where customers place faith in their agents' trustworthiness; they have unfettered access to clients' homes, and they often assist clients with sometimes complicated negotiations and financial transactions. HB 129 will empower the Real Estate Commission to appropriately regulate their profession including revoking and refusing to grant or deny renewal of a sales person's license, which protects both the profession and the public. 1:25:44 PM SHARON WALSH, Executive Administrator, Alaska Real Estate Commission, said that they and the Alaska Association of Realtors supported HB 129. CHAIR PASKVAN asked if the recent conviction for this kind of crime is the first time for Alaska. MS. WALSH replied that it was the first time she has encountered this scenario, and she has been with the commission for five years. 1:27:21 PM CHAIR PASKVAN closed public testimony. SENATOR BUNDE moved to report CSHB 129(RLS) from committee with individual recommendations and attached fiscal note(s). There were no objections and it was so ordered.
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