BILL · 2023–24 SESSION · LATEST VERSION SSB 5399

SB 5399: Future listing contracts

Concerning future listing right purchase contracts.

Summary

  • Establishes limits for agreements that obligate an owner of residential real estate to commit to a future real estate listing agreement.
  • Makes future listing right purchase contracts subject to the Consumer Protection Act.
  • Requires the Washington Real Estate Commission to convene a work group to examine the practices regarding future listing right purchase contracts.

From the Substitute House Bill Report (SSB 5399), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 367, Laws of 2023
  1. IntroducedJan 16, 2023
  2. Out of committeeFeb 21, 2023
  3. Passed SenateMar 2, 2023
  4. Passed HouseApr 6, 2023
  5. GovernorMay 9, 2023
  6. LawMay 9, 2023
Prime sponsor
Mark Mullet (D-5)
Introduced
January 16, 2023 in the Senate
Last action
May 9, 2023
Session law
Chapter 367, Laws of 2023
Budget
Has a fiscal note
Versions
SB 5399, SSB 5399

AN ACT Relating to future listing right purchase contracts;

Sponsors

Prime sponsor: Mark Mullet (D-5)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed March 2, 2023
Version voted on: SSB 5399
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican20000
How each member voted

House · Final Passage as Amended by the House

Passed April 6, 2023
Version voted on: SSB 5399
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat58000
Republican40000
How each member voted

Yea (98)

Senate · Final Passage as Amended by the House

Passed April 18, 2023
Version voted on: SSB 5399
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican19001
How each member voted

History

  1. Effective date 5/9/2023. (SSB 5399)
  2. Chapter 367, 2023 Laws. (SSB 5399)
  3. Governor signed. (SSB 5399)
  4. Delivered to Governor. (SSB 5399)
  5. Speaker signed. (SSB 5399)
  6. President signed. (SSB 5399)
  7. Passed final passage; yeas, 48; nays, 0; absent, 0; excused, 1. (SSB 5399)
  8. Senate concurred in House amendments. (SSB 5399)
  9. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0. (SSB 5399)
  10. Rules suspended. Placed on Third Reading. (SSB 5399)
  11. Committee amendment(s) adopted with no other amendments. (SSB 5399)
  12. Placed on second reading by Rules Committee. (SSB 5399)
  13. Referred to Rules 2 Review. (SSB 5399)
  14. CPB - Executive action taken by committee. (SSB 5399)
  15. CPB - Majority; do pass with amendment(s) by Consumer Protection & Business. (SSB 5399)
  16. First reading, referred to Consumer Protection & Business. (SSB 5399)
  17. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SSB 5399)
  18. Rules suspended. Placed on Third Reading. (SSB 5399)
  19. 1st substitute bill substituted. (SSB 5399)
  20. 1st substitute bill substituted.
  21. Placed on second reading by Rules Committee. (SSB 5399)
  22. Placed on second reading by Rules Committee.
  23. Passed to Rules Committee for second reading. (SSB 5399)
  24. Passed to Rules Committee for second reading.
  25. WM - Majority; without recommendation. (SSB 5399)
  26. WM - Majority; without recommendation.
  27. On motion, referred to Ways & Means. (SSB 5399)
  28. On motion, referred to Ways & Means.
  29. BFGT - Majority; 1st substitute bill be substituted, do pass. (SSB 5399)
  30. BFGT - Majority; 1st substitute bill be substituted, do pass.
  31. First reading, referred to Business, Financial Services, Gaming & Trade.

SB 5399 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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