Kevin Van Winkle
- Republican
- Senator
- District 30
Primary
The bill modifies the closing and settlement procedure for real estate transactions to ensure that the funds intended to be used at closing have been: Received and deposited into a trust account at least one business day before the scheduled closing; and Confirmed as deposited and available for immediate disbursement upon the settlement and closing of the real estate transaction. The bill takes effect September 1, 2024. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
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Senate Committee on Business, Labor, & Technology Postpone Indefinitely
Introduced In Senate - Assigned to Business, Labor, & Technology
| Bill Text Versions | Format |
|---|---|
| Introduced (01/12/2023) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note FN1 (02/06/2023) | |
| Fiscal Note FN2 (06/28/2023) |
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