# Rhode Island S3136: AN ACT RELATING TO BUSINESSES AND PROFESSIONS -- REAL ESTATE BROKERS AND SALESPERSONS . Rhode Island S3136, AN ACT RELATING TO BUSINESSES AND PROFESSIONS -- REAL ESTATE BROKERS AND SALESPERSONS ., is a 2026 Regular Session Senate bill sponsored by Robert Britto (Democratic); status signed, last action 2026-06-23 (Signed by Governor — Chapter 411); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/RI-S3136-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Rhode Island S3136 - State: Rhode Island - Session: 2026 Regular Session - Title: AN ACT RELATING TO BUSINESSES AND PROFESSIONS -- REAL ESTATE BROKERS AND SALESPERSONS . - Status: signed - Chamber: Senate - Introduced: 2026-03-20 - Last action: 2026-06-23, Signed by Governor — Chapter 411 - Sponsor: Robert Britto (Democratic) - Cosponsors: 2 - Touches household money: yes - Roll calls: 2 (107 yes, 1 no in all) - Economic provisions PRIA read: 3 ## Summary No summary available. ## Bill overview: provisions PRIA read - Sellers and buyers get three-day cancel rights: benefit, low. Beginning January 1, 2027, wholesalers must make clear, written disclosures to sellers and buyers. Sellers must be told the buyer may assign the contract for a fee. Buyers must be told the wholesaler holds only an equitable interest, not title. Sellers and buyers get three business days to review a… - Fines and paybacks for breaking wholesaling rules: cost, medium. Beginning January 1, 2027, breaking the disclosure or cancellation rules brings fines. The first offense is $500. Later offenses are $1,000 each. If you took money from a violation, a court can order payback of at least what you got, up to three times. - Licenses now required for real estate wholesalers: cost, medium. Beginning January 1, 2027, you must hold an active Rhode Island real estate license to enter wholesale or assignment contracts, unless exempt. Doing these deals more than once in 12 months counts as brokerage and triggers licensing rules. Preparing a non-appraisal opinion of value counts as brokera… ## Sponsors and cosponsors - Sponsor: Robert Britto (Democratic), Senate - Cosponsor: John P. Burke (Democratic), Senate - Cosponsor: Melissa A. Murray (Democratic), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-06-09 | House | BUSINESSES - REAL ESTATE BROKERS PASSAGE IN CONCURRENCE | pass | 70 | 1 | | | 2026-06-04 | Senate | BUSINESSES & PROFESSIONS -- REAL ESTATE BROKERS AND SALESPERSONS Passage | pass | 37 | 0 | | ## Actions (17) - 2026-06-23: Signed by Governor — Chapter 411 (Governor) - 2026-06-18: Transmitted to Governor (Governor) - 2026-06-09: House passed Sub A in concurrence (House) - 2026-06-08: Placed on House Calendar (06/09/2026) (House) - 2026-06-08: Committee recommends passage of Sub A in concurrence - 2026-06-05: Scheduled for consideration (06/08/2026) - 2026-06-05: Referred to House Corporations (House) - 2026-06-04: Senate passed Sub A (Senate) - 2026-06-02: Placed on Senate Calendar (06/04/2026) (Senate) - 2026-06-02: Committee recommends passage of Sub A - 2026-06-01: Proposed Substitute - 2026-05-30: Scheduled for consideration (06/02/2026) - 2026-04-28: Committee recommended Substitute A be held for further study - 2026-04-28: Committee recommended indefinite postponement - 2026-04-27: Proposed Substitute - 2026-04-24: Scheduled for hearing and/or consideration (04/28/2026) - 2026-03-20: Introduced, referred to Senate Judiciary (Senate) ## Bill text - S3136 - As Introduced, 2026-03-20: [HTML](https://webserver.rilegislature.gov/BillText26/SenateText26/S3136.htm), [PDF](https://webserver.rilegislature.gov/BillText26/SenateText26/S3136.pdf) - S3136 - Substitute, 2026-03-20: [HTML](https://webserver.rilegislature.gov/BillText26/SenateText26/S3136A.htm), [PDF](https://webserver.rilegislature.gov/BillText26/SenateText26/S3136A.pdf) ## Related bills - S3363: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION . (became law) - S3353: JOINT RESOLUTION MAKING AN APPROPRIATION TO PAY CERTAIN CLAIMS . (became law) - S3333: AN ACT RELATING TO THE NORTH TIVERTON FIRE DISTRICT . (became law) - S3315: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES . (became law) - S3337: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION . (became law) - S3293: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION . (became law) ## Sources - [S3136 - As Introduced (HTML)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3136.htm) - [S3136 - As Introduced (PDF)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3136.pdf) - [S3136 - Substitute (HTML)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3136A.htm) - [S3136 - Substitute (PDF)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3136A.pdf) ## Related - [S3363: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION .](https://policyrisk.com/state-bill/RI-S3363-2026) - [S3353: JOINT RESOLUTION MAKING AN APPROPRIATION TO PAY CERTAIN CLAIMS .](https://policyrisk.com/state-bill/RI-S3353-2026) - [S3333: AN ACT RELATING TO THE NORTH TIVERTON FIRE DISTRICT .](https://policyrisk.com/state-bill/RI-S3333-2026) - [S3315: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES .](https://policyrisk.com/state-bill/RI-S3315-2026) - [S3337: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION .](https://policyrisk.com/state-bill/RI-S3337-2026) - [S3293: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION .](https://policyrisk.com/state-bill/RI-S3293-2026) - [Rhode Island bills](https://policyrisk.com/states/rhode-island/bills) - [Rhode Island state hub](https://policyrisk.com/states/rhode-island) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/RI-S3136-2026 (as of 2026-11-01).