SB 573 - Land Transactions; development of condominium property; escrow funds
Current Status
04/28/06 - Senate Date Signed by Governor
First Reader Summary
A BILL to be entitled an Act to amend Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to regulation of specialized land transactions, so as to provide that the seller may withdraw escrow funds in excess of 1 percent of the purchase price of a condominium in order to fund construction and development of the condominium property; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes
| Date |
Time |
Vote No |
Yeas |
Nays |
NV |
Exc |
Description |
| 03/09/06 |
11:57 AM |
Senate Vote #783 |
051 |
001 |
001 |
003 |
PASSAGE |
| 03/27/06 |
11:58 AM |
House Vote #1010 |
161 |
001 |
015 |
003 |
PASS |
| 03/30/06 |
07:25 PM |
Senate Vote #1154 |
049 |
000 |
006 |
001 |
AGREE TO HOUSE SUBSTITUTE |
Status History
Bill History
| Date |
Action |
| 02/21/2006 |
Senate Read and Referred |
| 03/02/2006 |
Senate Committee Favorably Reported |
| 03/06/2006 |
Senate Read Second Time |
| 03/09/2006 |
Senate Third Read |
| 03/09/2006 |
Senate Passed/Adopted |
| 03/13/2006 |
House First Readers |
| 03/14/2006 |
House Second Readers |
| 03/22/2006 |
House Committee Favorably Reported |
| 03/27/2006 |
House Third Readers |
| 03/27/2006 |
House Passed/Adopted |
| 03/30/2006 |
Senate Agrees House Amend or Sub |
| 04/13/2006 |
Senate Sent to Governor |
| 04/28/2006 |
Senate Date Signed by Governor |
| 04/28/2006 |
Act 643 |
| 04/28/2006 |
Effective Date |