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S07731 Summary:

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S07731 Committee Votes:

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S07731 Memo:

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S07731 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7731
 
                    IN SENATE
 
                                     January 7, 2022
                                       ___________
 
        Introduced  by  Sen. SKOUFIS -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules
 
        AN ACT to amend the real property law, in relation to the fee  paid  for
          issuing  or reissuing a real estate broker or salesmen license; and to
          amend a chapter of the laws of 2021 amending  the  real  property  law
          relating  to adding a surcharge to the fee paid for issuing or reissu-
          ing a real estate broker or salesmen license, as proposed in  legisla-
          tive  bills  numbers S.  2133-A and A. 5363, in relation to the effec-
          tiveness thereof
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision 1 of section 441-b of the real property law, as
     2  amended  by a chapter of the laws of 2021 amending the real property law
     3  relating to adding a surcharge to the fee paid for issuing or  reissuing
     4  a  real  estate  broker  or salesmen license, as proposed in legislative
     5  bills numbers S. 2133-A and A. 5363, is amended to read as follows:
     6    1. The fee for a license issued or reissued under  the  provisions  of
     7  this  article  entitling  a  person,  co-partnership,  limited liability
     8  company or corporation to act as a  real  estate  broker  shall  be  one
     9  hundred  fifty-five  dollars plus an additional thirty dollar surcharge.
    10  Such surcharge shall be collected by the department of state and  [paya-
    11  ble  to the office of the attorney general] deposited into the anti-dis-
    12  crimination in housing fund established pursuant to section eighty-a  of
    13  the  state  finance  law  to  be used for statewide fair housing testing
    14  efforts. The fee for a license issued or reissued under  the  provisions
    15  of  this  article  entitling  a  person to act as a real estate salesman
    16  shall be fifty-five dollars plus an  additional  ten  dollar  surcharge.
    17  Such  surcharge shall be collected by the department of state and [paya-
    18  ble to the office of the attorney general] deposited into the  anti-dis-
    19  crimination  in housing fund established pursuant to section eighty-a of
    20  the state finance law to be used  for  statewide  fair  housing  testing
    21  efforts.  Notwithstanding the provisions of subdivision seven of section
    22  four hundred forty-one-a of this article, after January first,  nineteen
    23  hundred  eighty-six, the secretary of state shall assign staggered expi-
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06384-05-2
        S. 7731                             2
 
     1  ration dates for outstanding licenses that have been previously  renewed
     2  on  October  thirty-first  of  each  year  from the assigned date unless
     3  renewed. If the assigned date results in a term that exceeds twenty-four
     4  months,  the  applicant  shall  pay  an  additional  prorated adjustment
     5  together with the regular renewal fee.  The  secretary  of  state  shall
     6  assign  dates  to  existing licenses in a manner which shall result in a
     7  term of not less than two years.
     8    § 2. Section 2 of a chapter of the laws  of  2021  amending  the  real
     9  property  law relating to adding a surcharge to the fee paid for issuing
    10  or reissuing a real estate broker or salesmen license,  as  proposed  in
    11  legislative  bills  numbers S. 2133-A and A. 5363, is amended to read as
    12  follows:
    13    § 2. This act shall take effect [immediately]  on  the  thirtieth  day
    14  after it shall have become law.
    15    §  3.  This act shall take effect immediately; provided, however, that
    16  section one of this act shall take effect on the same date  and  in  the
    17  same  manner as a chapter of the laws of 2021 amending the real property
    18  law relating to adding a surcharge to the fee paid for issuing or  reis-
    19  suing  a real estate broker or salesmen license, as proposed in legisla-
    20  tive bills numbers S. 2133-A and A. 5363, takes effect.