Bill > SB774

This bill extends the sunset review date for the Department of Real Estate and the Bureau of Real Estate Appraisers from January 1, 2026, to January 1, 2030, which means these agencies will continue to be reviewed by legislative policy committees until that new date. The bill makes several technical and non-substantive changes to existing law, primarily focusing on updating language to remove gendered pronouns and improve cross-referencing. For example, throughout the bill, references to "he" are replaced with "the commissioner" to make the language more gender-neutral. The bill also maintains the existing responsibilities of the Real Estate Commissioner, including enforcing real estate laws, issuing and revoking licenses, and protecting buyers of real property. Additionally, the bill preserves the requirement for the Department of Real Estate to compile and submit an annual report to the Legislature regarding military, veteran, and spouse licensure, detailing information such as the number of applications, licenses issued and denied, and average processing times. These changes are primarily administrative in nature and do not significantly alter the fundamental operations of the real estate regulatory system in California.

Budget and Finance, Business and Industry

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB774