73rd Legislative Session -- 1998

Committee: Senate Commerce

Thursday, January 15, 1998

                                            P - Present
                                            E - Excused
                                            A - Absent
Roll Call
P      Daugaard
P      Lawler
P      Olson
P      Staggers
E      Valandra
P      Munson (David), Vice-Chair
P      Shoener, Chair

OTHERS PRESENT: See Original Minutes

The meeting was called to order by Senator Shoener


          SB 54:   to revise the definition of real estate salesperson.

Proponents:      Larry Lingstad, Real Estate Commission

MOTION:      DEFER SB 54 UNTIL Tuesday, January 20, 1998

Moved by:      Senator Lawler
Second by:      Senator Munson (David)
Action:      Prevailed by voice vote.

          SB 53:   to require the reporting of criminal convictions, to provide certain licensing penalties, and to allow certain cooperation in a multi-state waiver process regarding persons engaged in the insurance business.

Proponents:      Randy Moses, Division of Insurance

MOTION:      DEFER SB 53 UNTIL Tuesday, January 21, 1998

Moved by:      None
Second by:      None
Action:      Died for a lack of a second

          SB 55:   to revise certain real estate licensing application and examination procedures and to authorize the increase of license application fees.

Proponents:      Larry Lingstad, Real Estate Commission


          Dean Krogman, SD Real Estate Association

MOTION:      DO PASS SB 55

Moved by:      Senator Lawler
Second by:      Senator Munson (David)
Action:      Prevailed by roll call vote.   (6-0-1-0)

Voting yes:      Daugaard, Lawler, Olson, Staggers, Munson (David), Shoener

Excused:      Valandra

MOTION:      PLACE SB 55 ON CONSENT

Moved by:      Senator Lawler
Second by:      Senator Munson (David)
Action:      Prevailed by voice vote.

          SB 57:   to revise certain restrictions of activities of real estate licensees.

Proponents:      Larry Lingstad, Real Estate Commission
          Dean Krogman, Association of Realtors

MOTION:      DO PASS SB 57

Moved by:      Senator Olson
Second by:      Senator Munson (David)
Action:      Prevailed by roll call vote.   (6-0-1-0)

Voting yes:      Daugaard, Lawler, Olson, Staggers, Munson (David), Shoener

Excused:      Valandra

MOTION:      PLACE SB 57 ON CONSENT

Moved by:      Senator Olson
Second by:      Senator Lawler
Action:      Prevailed by voice vote.

          SB 58:   to revise the requirement for real estate brokers to furnish closing statements in a real estate transaction.

Proponents:      Larry Lingstad, Real Estate Commission
          Dean Krogman, Association Realtors

MOTION:      DO PASS SB 58

Moved by:      Senator Lawler
Second by:      Senator Olson
Action:      Prevailed by roll call vote.   (6-0-1-0)

Voting yes:      Daugaard, Lawler, Olson, Staggers, Munson (David), Shoener

Excused:      Valandra

MOTION:      PLACE SB 58 ON CONSENT

Moved by:      Senator Olson
Second by:      Senator Daugaard
Action:      Prevailed by voice vote.

          SB 59:   to revise certain exemptions to real estate licensing requirements.

Proponents:      Larry Lingstad, Real Estate Commission
          Dean Krogman, Assocation of Realtors

MOTION:      DO PASS SB 59

Moved by:      Senator Olson
Second by:      Senator Shoener
Action:      Prevailed by roll call vote.   (6-0-1-0)

Voting yes:      Daugaard, Lawler, Olson, Staggers, Munson (David), Shoener

Excused:      Valandra

MOTION:      PLACE SB 59 ON CONSENT

Moved by:      Senator Olson
Second by:      Senator Lawler
Action:      Prevailed by voice vote.

MOTION:      ADJOURN

Moved by:      Senator Olson
Second by:      Senator Lawler
Action:      Prevailed by voice vote.



Doris D. Donner

_________________________________

Committee Secretary
Jerry J. Shoener, Chair


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