SB 100 (2007): relative to the authority of a real estate escrow agent to hold funds in the event of a dispute.
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@misc{bill-2007-sb100, title = {SB 100 (2007): relative to the authority of a real estate escrow agent to hold funds in the event of a dispute.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2007/sb100}, note = {Accessed 24 Oct. 2026} }
SB 100 (2007)
relative to the authority of a real estate escrow agent to hold funds in the event of a dispute.
- Status: Signed into law
- Term: 2007-2008
- House committee: Commerce
- Senate committee: Commerce, Labor and Consumer Protection
- Subject: Miscellaneous
- Chapter law: 114
The Story
It was introduced on January 4, 2007 and referred to the Senate Commerce, Labor and Consumer Protection committee. The committee held a public hearing on February 6, 2007. The committee recommended that the Senate pass it. On February 15, 2007 the Senate voted to pass it on a voice vote and ordered it to a third reading. It crossed to the House on March 28, 2007 and was referred to the House Commerce committee. The committee held a public hearing on April 18, 2007. The committee held a work session on May 9, 2007. The committee met in executive session on May 9, 2007 to vote on its recommendation. The committee voted unanimously, 19–0, to recommend that the House pass it, and the report was placed on the consent calendar. On May 16, 2007 the House voted to pass it on a voice vote. The bill was enrolled on May 31, 2007 — the final check of the text before it goes to the governor. The governor signed it on June 12, 2007, making it Chapter 114 of the session laws.
Sponsors
- Sen. David Gottesman (D - SD12) (prime sponsor)
- Sen. Robert Clegg (R - SD14)
- Sen. John Gallus (R - SD1)
- Sen. Deborah Reynolds (D - SD2)
- Rep. Daniel Eaton (D - Ches 2)
- Rep. Angeline Kopka (D - Hills 26)
- Rep. Gene Chandler (R - Carr 1)
Hearings and Sessions
- February 6, 2007, 10:15 AM: hearing, Senate Commerce, Labor and Consumer Protection, LOB 102
- April 18, 2007, 11:00 AM: public hearing, House Commerce, LOB 302
- May 9, 2007, 10:00 AM: subcommittee work session, House Commerce, LOB 302
- May 9, 2007, 1:00 PM: executive session, House Commerce, LOB 302
Votes
- February 15, 2007, Senate: Ought to Pass — voice vote, passed
- May 16, 2007, House: Ought to Pass — voice vote, passed
The Docket
- January 4, 2007: Introduced and Referred to Commerce, Labor and Consumer Protection
- February 6, 2007: Hearing: February 6, 2007, Room 102, LOB, 10:15 a.m.; SC6
- February 6, 2007: Committee Report; Ought to Pass [02/15/07]; SC7
- February 15, 2007: Ought to Pass,MA, VV; OT3rdg
- February 15, 2007: Passed by Third Reading Resolution
- March 28, 2007: Introduced and Referred to Commerce
- April 18, 2007: Public Hearing: 4/18/2007 11:00 AM LOB 302
- May 9, 2007: Subcommittee Work Session: 5/9/2007 10:00 AM LOB 302
- May 9, 2007: Executive Session: 5/9/07 1:00 PM LOB 302
- May 10, 2007: Committee Report: Ought to Pass for May 16 (vote 19-0; CC)
- May 16, 2007: Ought to Pass: MA VV
- May 31, 2007: Enrolled
- May 31, 2007: Enrolled
- June 12, 2007: Signed by the Governor on 06/11/07; Eff. Date 01/01/08, Chapter 0114