Notice of Introduction for Substitute House Bill 1284

Office of Financial Management

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SHB 1284, titled AN ACT Relating to reforming the real estate agency law to require written brokerage services agreements, improve consumer disclosures, and provide that certain legal duties of brokers apply to all parties in the transaction, has been introduced in the House of Representatives. The Office of Financial Management has identified this bill as requiring a ten-year projection of increased cost to the taxpayers or affected fee payers.

Ten-year projection:

Fiscal
Year

   Real Estate Commission Fees

 

2024

$21,000

2025

$0

2026

$0

2027

$0

2028

$0

2029

$0

2030

$0

2031

$0

2032

$0

2033

$0

 

Total:

$21,000


Ten-year projection prepared in consultation with the following agencies:

Department of Licensing

The substitute bill was proposed by:

House Committee on Consumer Protection & Business



The original bill sponsors and contact information are:

Representative Chris Corry, Prime Sponsor
Republican
(360) 786-7810
CORRY_CH@leg.wa.gov

Representative Amy Walen
Democrat
(360) 786-7848
WALEN_AM@leg.wa.gov

Representative April Connors
Republican
(360) 786-7882
April.Connors@leg.wa.gov

Representative Spencer Hutchins
Republican
(360) 786-7964
spencer.hutchins@leg.wa.gov

Representative Skyler Rude
Republican
(360) 786-7828
RUDE_SK@leg.wa.gov

Representative Greg Cheney
Republican
(360) 786-7812
Greg.Cheney@leg.wa.gov

Representative Andrew Barkis
Republican
(360) 786-7824
andrew.barkis@leg.wa.gov




Legislative Bill Information Website: http://apps.leg.wa.gov/billinfo/

Initiative 960 Website: http://www.ofm.wa.gov/tax/default.asp