SB 228

  • Alabama Senate Bill
  • 2023 Regular Session
  • Introduced in Senate Apr 20, 2023
  • Senate
  • Passed House May 09, 2023
  • Became Law May 16, 2023

Relating to residential real estate transactions; to require buyers to make certain disclosures to homeowners and other interested parties that the buyer intends to engage aspects of a wholesale transaction; and to deem unenforceable certain unfair service agreements purporting to establish a long-term right to list between real estate companies and residential real estate owners; and in connection therewith would have as its purpose or effect the requirement of a new or increased expenditure of local funds within the meaning of Section 111.05 of the Constitution of Alabama of 2022.

Bill Subjects

Residential Real Estate

Abstract

Residential real estate, wholesale buyers required to make disclosures to sellers, unfair service agreements to list single-family homes prohibited, civil and criminal penalties.

Bill Sponsors (1)

Votes


Actions


May 16, 2023

Office of the Governor

Enacted as 2023-201

May 09, 2023

House

Ready to Enroll

House

Read a Third Time and Pass

House

On Third Reading in Second House

Senate

Enrolled

May 03, 2023

House

Reported Out of Committee in Second House

House

Reported Favorably (Commerce and Small Business)

House

Read Second Time in Second House

Apr 27, 2023

Senate

Read First Time in Second House

Senate

Read A Third Time And Passed As Amended

Senate

Adopt

Senate

On Third Reading in House of Origin

House

Referred to Committee (Commerce and Small Business)

Apr 25, 2023

Senate

Reported Out of Committee in House of Origin

Senate

Reported Favorably (County and Municipal Government)

Senate

AMD/SUB (County and Municipal Government)

Senate

Read Second Time in House of Origin

Apr 20, 2023

Senate

Introduced and Referred (County and Municipal Government)

Senate

Read First Time in House of Origin

Bill Text

Bill Text Versions Format
Introduced PDF
Engrossed PDF
Enrolled PDF
Amendment SMNY75-1 PDF
Act 2023-201 PDF

Related Documents

Document Format
Fiscal Note: As Introduced PDF
Fiscal Note: As Passed First Chamber Committee PDF
Fiscal Note: As Passed First Chamber PDF
Fiscal Note: As Enacted PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Alabama Legislature.

If you notice any inconsistencies with these official sources, feel free to file an issue.