HB 1220-1_ Filed 02/22/2006, 09:06
Adopted 2/23/2006
COMMITTEE REPORT
MADAM PRESIDENT:
The Senate Committee on Homeland Security, Utilities, and Public Policy, to which was
referred House Bill No. 1220, has had the same under consideration and begs leave to report
the same back to the Senate with the recommendation that said bill be AMENDED as follows:
Delete the title and insert the following:
A BILL FOR AN ACT to amend the Indiana Code concerning
professions and occupations.
SOURCE: Page 1, line 3; (06)CR122002.1. -->
Page 1, line 3, delete "JULY 1, 2006]:" and insert "UPON
PASSAGE]:".
Page 2, line 17, delete "JULY 1, 2006]:" and insert "UPON
PASSAGE]:".
Page 2, line 42, delete "JULY 1, 2006]:" and insert "UPON
PASSAGE]:".
Page 3, line 15, delete "JULY 1, 2006]:" and insert "UPON
PASSAGE]:".
Page 3, line 34, delete "JULY 1, 2006]:" and insert "UPON
PASSAGE]:".
Page 3, line 38, delete "JULY 1, 2006]:" and insert "UPON
PASSAGE]:".
Page 4, line 21, delete "JULY 1, 2006]:" and insert "UPON
PASSAGE]:".
Page 4, line 40, delete "JULY 1, 2006]:" and insert "UPON
PASSAGE]:".
Page 5, line 29, delete "JULY 1, 2006]:" and insert "UPON
PASSAGE]:".
Page 6, after line 9, begin a new paragraph and insert:
SOURCE: IC 25-34.1-2-6; (06)CR122002.10. -->
"SECTION 10. IC 25-34.1-2-6 IS AMENDED TO READ AS
FOLLOWS [EFFECTIVE JULY 1, 2006]: Sec. 6. (a) Except as
provided in subsection (b), all funds collected under this article shall, at
the end of each month, be reported to the auditor of state and deposited
with the treasurer of state for deposit in the general fund. All expenses
incurred in the administration of this article shall be paid from the
general fund.
(b) The commission shall establish a fee of not more than ten twenty
dollars ($10) ($20) for real estate brokers and salespersons to provide
funds for the purpose of administering and enforcing the provisions of
this article, including investigating and taking enforcement action
against real estate fraud and real estate appraisal fraud. All funds
collected under this subsection shall be deposited in the investigative
fund established by IC 25-34.1-8-7.5.
SOURCE: IC 25-34.1-3-9; (06)CR122002.11. -->
SECTION 11. IC 25-34.1-3-9 IS AMENDED TO READ AS
FOLLOWS [EFFECTIVE JULY 1, 2006]: Sec. 9. (a) The commission
shall establish fees under IC 25-1-8-2 to implement section 8 of this
chapter.
(b) Notwithstanding IC 25-1-8-2, a fee established under
IC 25-1-8-2 to implement section 8 of this chapter may not be less than
fifty dollars ($50).
(c) The commission shall establish fees to provide funding for the
investigative fund established by IC 25-34.1-8-7.5. The fees under this
subsection may not be more than ten twenty dollars ($10). ($20).
(d) The board may collect a fee required by federal law and transmit
the fees to the federal government as required by federal law.
(e) A fee described in subsection (a) is in addition to any fees
required by federal law.
SOURCE: IC 25-34.1-8-6; (06)CR122002.12. -->
SECTION 12. IC 25-34.1-8-6 IS AMENDED TO READ AS
FOLLOWS [EFFECTIVE JULY 1, 2006]: Sec. 6. The board shall
submit recommendations to the commission concerning the following:
(1) Implementation and operation of the real estate appraiser
licensure and certification program under IC 25-34.1-3-8.
(2) Rules governing real estate appraisers licensed and certified
under IC 25-34.1-3-8.
(3) Establishing a fee in an amount necessary to fund the
investigative fund established by section 7.5 of this chapter but
not more than ten twenty dollars ($10). ($20).
(4) Rules governing the administration of the investigative fund
established by section 7.5 of this chapter.
SOURCE: ; (06)CR122002.13. -->
SECTION 13.
An emergency is declared for this act.".
Renumber all SECTIONS consecutively.
(Reference is to HB 1220 as printed January 25, 2006.)
and when so amended that said bill do pass.
Committee Vote: Yeas 7, Nays 1.
____________________________________
Wyss
CR122002/DI 71 2006