HB1126 removes the requirement that people selling businesses must hold a real estate license in South Dakota. Previously, business brokers and sellers needed real estate licensure to legally conduct business sales; this bill allows them to operate without that license requirement.
This bill does not directly amend codified state law.
Commerce and Energy Deferred to the 41st legislative day Passed, YEAS 11, NAYS 2. H.J. 339
Commerce and Energy Do Pass Failed, YEAS 2, NAYS 11.
Commerce and Energy Scheduled for hearing
Commerce and Energy Scheduled for hearing
First read in House and referred to House Commerce and Energy H.J. 197
Phil Jensen
Prime sponsor · Sen.
R
Taffy Howard
Prime sponsor · Rep.
R
Cosponsors
Commerce and Energy — Do Pass
Commerce and Energy — Deferred to the 41st legislative day