Insurance and Real Estate Committee
JOINT FAVORABLE REPORT
Bill No.: HB-6624
AN ACT CONCERNING LICENSING REQUIREMENTS FOR REAL ESTATE
Title: BROKERS.
Vote Date: 3/22/2021
Vote Action: Joint Favorable Substitute
PH Date: 3/18/2021
File No.:
Disclaimer: The following JOINT FAVORABLE Report is prepared for the benefit of the
members of the General Assembly, solely for purposes of information, summarization and
explanation and does not represent the intent of the General Assembly or either chamber
thereof for any purpose.
SPONSORS OF BILL:
Insurance and Real Estate Committee
REASONS FOR BILL:
The proposed bill will modify the preconditions to issuing a real estate broker's license in this
state. This will ensure that all licensed Connecticut real estate brokers are experienced in real
estate transactions.
SUBSTITUTE LANGUAGE:
Language was added to include definitions of key terms. Language was added to provide
requirements for team names. Language was added to specify the supervisory relationship
and registration process, as well as establish fees to cover the cost to DCP.
RESPONSE FROM ADMINISTRATION/AGENCY:
None Expressed
NATURE AND SOURCES OF SUPPORT:
Connecticut Realtors: CTR testified that HB 6624 will modify the preconditions for issuing a
real estate broker license in Connecticut. This will protect consumers by ensuring that all
licensed real estate brokers are experienced in real estate transactions. CTR requested a
language change to provide a definition of a team and requirements for team names to
ensure transparency with the public. This language change is reflected in the proposed
substitute
NATURE AND SOURCES OF OPPOSITION:
None Expressed
Reported by: Mallory Ferrick Date April 1, 2021
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Statutes affected:
INS Joint Favorable Substitute: 20-311, 20-312, 20-319a
File No. 349: 20-311, 20-312, 20-319a
APP Joint Favorable: 20-311, 20-312, 20-319a
File No. 789: 20-311, 20-312, 20-319a
Public Act No. 21-167: 20-311, 20-312, 20-319a