IndianaHB 1347First Regular Session 124th General Assembly (2025)House

Real estate matters.

Sponsored By: Edward Clere (Republican)

Signed by Governor

Summary

Requires a broker company to deposit funds belonging to others into a trust account that the broker company maintains. Requires that residential real estate sales disclosure forms include disclosures by an owner that a property is located within a locally designated historic district. Requires that residential real estate sales disclosure forms include disclosures by an owner of any conservation easement. Requires the Indiana professional licensing agency in consultation with the Indiana real estate commission to perform annual and random audits for compliance of more than one percent (1%) but less than ten percent (10%) of the practitioners who hold a broker's license required to take continuing education courses. Provides that to become a managing broker, an individual, among other things, must: (1) hold an active broker's license for at least three years; and (2) pass a written examination. Amends provisions relating to real estate agreements. Makes a technical correction.

financial institutionsthe senateinsurance and financial institutions

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Edward Clere

    Republican • House

Cosponsors

  • Greg Goode

    Republican • Senate

  • Kyle Walker

    Republican • Senate

  • Lonnie Randolph

    Democratic • Senate

  • Mike Andrade

    Democratic • House

  • Timothy O'Brien

    Republican • House

  • Wendy Dant Chesser

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 222 • No: 1

House vote • 4/16/2025

House concurred with Senate amendments

Yes: 82 • No: 0

Senate vote • 3/18/2025

Third reading: passed

Yes: 49 • No: 0

House vote • 1/28/2025

Third reading: passed

Yes: 91 • No: 1

Actions Timeline

  1. Signed by the Governor

    5/1/2025House
  2. Public Law 166

    5/1/2025House
  3. Signed by the President of the Senate

    4/23/2025Senate
  4. Signed by the President Pro Tempore

    4/21/2025Senate
  5. Signed by the Speaker

    4/17/2025House
  6. House concurred with Senate amendments; Roll Call 470: yeas 82, nays 0

    4/16/2025House
  7. Motion to concur filed

    4/15/2025House
  8. Returned to the House with amendments

    3/19/2025Senate
  9. Third reading: passed; Roll Call 251: yeas 49, nays 0

    3/18/2025Senate
  10. Second reading: ordered engrossed

    3/17/2025Senate
  11. Senator Randolph added as cosponsor

    3/13/2025Senate
  12. Committee report: amend do pass, adopted

    3/13/2025Senate
  13. First reading: referred to Committee on Insurance and Financial Institutions

    2/18/2025Senate
  14. Referred to the Senate

    1/29/2025House
  15. Third reading: passed; Roll Call 33: yeas 91, nays 1

    1/28/2025House
  16. Cosponsor: Senator Goode

    1/28/2025House
  17. Senate sponsor: Senator Walker K

    1/28/2025House
  18. Representative Andrade added as coauthor

    1/27/2025House
  19. Second reading: ordered engrossed

    1/27/2025House
  20. Committee report: amend do pass, adopted

    1/21/2025House
  21. Coauthored by Representatives O'Brien and Dant Chesser

    1/13/2025House
  22. Authored by Representative Clere

    1/13/2025House
  23. First reading: referred to Committee on Financial Institutions

    1/13/2025House

Bill Text

  • Enrolled House Bill (H)

  • House Bill (H)

  • House Bill (S)

  • Introduced House Bill (H)

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