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Subcommittee advances House Bill 5036, recommending $15.88 million for Real Estate Agency

3193495 · May 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Committee of the Ways and Means Transportation and Economic Development Subcommittee advanced House Bill 5036, the 2025–27 budget for the Real Estate Agency, recommending $15,880,214 in other funds and adoption of a dash‑1 amendment on May 5.

The Committee of the Ways and Means Transportation and Economic Development Subcommittee advanced House Bill 5036, the 2025–27 budget bill for the Real Estate Agency, on May 5, recommending $15,880,214 in other funds to support 32 positions and 32 full‑time equivalents.

The Legislative Fiscal Office told the subcommittee that the recommendation “is a 2025–27 budget of $15,880,214 other funds supporting 32 positions and 32 FTE. This represents an 8% increase from the 23-25 legislative approved budget.” The LFO briefing also said the recommended budget “includes $2,000,000 in other funds expenditure limitation carried forward from the prior biennium to complete the e‑license…

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