2002 Senate Bill 1437 / Public Act 623

Introduced in the Senate

Sept. 19, 2002

Introduced by Sen. Walter North (R-37)

To establish a real estate licensure fee increase method which allows the state to increase fees by a percentage equal to the average wage increase for civil service employees.

Referred to the Committee on Economic Development, International Trade, and Regulatory Affairs

Nov. 12, 2002

Substitute offered

To replace the previous version of the bill with one which would double the annual license fee for real estate professionals, reapportion the revenue from the fees so that $15 of each fee would go to a "Real Estate Enforcement Fund," and transfer enforcement from the Department of Consumer and Industry Services to the Attorney General.

The substitute passed by voice vote

Dec. 3, 2002

Amendment offered by Sen. Burton Leland (D-5)

To remove a provision that would transfer enforcement of real estate license law violations from the Department of Consumer and Industry Services to the Attorney General.

The amendment passed by voice vote

Amendment offered by Sen. Walter North (R-37)

To clarify a provision for funding the real estate education fund from the new three-year licenses.

The amendment passed by voice vote

Passed in the Senate 33 to 0 (details)

To double the annual license fee for real estate professionals, and reapportion the revenue from the fees so that $15 of each fee would go to a "Real Estate Enforcement Fund" for enforcement of real estate license law.

In the House

Dec. 3, 2002

Referred to the Committee on Commerce

Dec. 10, 2002

Passed in the House 103 to 3 (details)

Signed by Gov. John Engler

Dec. 21, 2002