Senate Engrossed
state real estate department; continuation |
State of Arizona Senate Fifty-fifth Legislature Second Regular Session 2022
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CHAPTER 19
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SENATE BILL 1276 |
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An Act
repealing section 41-3022.05, Arizona Revised Statutes; amending title 41, chapter 27, article 2, Arizona Revised Statutes, by adding section 41-3030.05; relating to the state real estate department.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Repeal
Section 41-3022.05, Arizona Revised Statutes, is repealed.
Sec. 2. Title 41, chapter 27, article 2, Arizona Revised Statutes, is amended by adding section 41-3030.05, to read:
41-3030.05. State real estate department; termination July 1, 2030
A. The state real estate department terminates on July 1, 2030.
B. Title 32, chapter 20 and this section are repealed on January 1, 2031.
Sec. 3. Purpose
Pursuant to section 41-2955, subsection B, Arizona Revised Statutes, the legislature continues the state real estate department to protect the public health, safety and welfare by regulating the sale of real estate and through the administration of the real estate recovery fund.
Sec. 4. Retroactivity
Sections 1 and 2 of this act apply retroactively to from and after July 1, 2022.
APPROVED BY THE GOVERNOR MARCH 18, 2022.
FILED IN THE OFFICE OF THE SECRETARY OF STATE MARCH 18, 2022.