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Senate Insurance & Commerce committee advances bill allowing real estate licensees to form professional LLCs
INSURANCE & COMMERCE - SENATE · February 9, 2023
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Summary
The Senate Insurance & Commerce committee passed HB 1265 by voice vote, advancing a bill that would allow licensed real estate brokers and salespeople to incorporate as professional limited liability companies. Sponsor Sen. Terry Rice said he heard no opposition.
The Senate Insurance & Commerce committee voted to advance HB 1265, a measure to allow licensed real estate brokers and salespeople to incorporate as professional limited liability companies, the committee chair announced Tuesday.
Senator Terry Rice (District 5), who presented the bill, said Representative…
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