PRINTER'S NO. 1781
No. 107 Session of 1984
INTRODUCED BY SHUMAKER, FEBRUARY 29, 1984
REFERRED TO RULES AND EXECUTIVE NOMINATIONS, FEBRUARY 29, 1984
A CONCURRENT RESOLUTION
1 Directing the Joint State Government Commission to investigate
2 third-party real estate brokerage activity.
3 WHEREAS, The issue of third-party real estate brokerage
4 activity has given rise to complex public policy questions which
5 should be considered by the General Assembly after study and
6 deliberation; and
7 WHEREAS, The consumers of this Commonwealth will be
8 materially affected by any resolution of this issue because of
9 its relationship to the provision and availability of housing
10 and housing financing; therefore be it
11 RESOLVED (the House of Representatives concurring), That the
12 General Assembly direct the Joint State Government Commission to
13 organize a task force to undertake a study of the establishment
14 of third-party brokerage operations by entities of a public or
15 private nature and their holding companies, service corporations
16 or subsidiaries and whether existing law and regulations
17 affecting these entities adequately safeguard the interests of
1 the citizens of the Commonwealth for available competitive
2 housing financing; and be it further
3 RESOLVED, That the Secretary of Banking, the Commissioner of
4 Professional and Occupational Affairs and the Chairman of the
5 Pennsylvania Securities Commission shall meet with the task
6 force in an advisory capacity and shall provide such assistance
7 as may be requested by the task force; and be it further
8 RESOLVED, That the task force may hold such hearings within
9 the Commonwealth of Pennsylvania as it deems necessary; and be
10 it further
11 RESOLVED, That the task force shall report its findings and
12 recommendations for legislation or administrative change within
13 three months of its organizational meeting.
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