Indiana · 2025 Regular Session · Bill
HB 1347: Real estate matters.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1347 is a bill introduced in the Indiana House on January 13, 2025. According to its official title, it concerns: Real estate matters. Primary sponsor: Kyle Walker (Republican), Ed Clere (Independent). It lists 5 additional sponsors. Most recent recorded action (May 1, 2025): Signed by the Governor.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Requires a broker company to deposit funds belonging to others into a trust account that the broker company maintains. Requires that residential real estate sales disclosure forms include disclosures by an owner that a property is located within a locally designated historic district. Requires that residential real estate sales disclosure forms include disclosures by an owner of any conservation easement. Requires the Indiana professional licensing agency in consultation with the Indiana real estate commission to perform annual and random audits for compliance of more than one percent (1%) but less than ten percent (10%) of the practitioners who hold a broker's license required to take continuing education courses. Provides that to become a managing broker, an individual, among other things, must: (1) hold an active broker's license for at least three years; and (2) pass a written examination. Amends provisions relating to real estate agreements. Makes a technical correction.
Sponsors
Sponsors by party (alphabetical): Democratic 3 · Independent 1 · Republican 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Kyle Walker | Primary sponsor | Republican | Senate | 31 |
| Ed Clere | Primary sponsor | Independent | House | 72 |
| Mike Andrade | Co-sponsor | Democratic | House | 12 |
| Wendy Dant Chesser | Co-sponsor | Democratic | House | 71 |
| Greg Goode | Co-sponsor | Republican | Senate | 38 |
| Tim O'Brien | Co-sponsor | Republican | House | 78 |
| Lonnie Randolph | Co-sponsor | Democratic | Senate | 2 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Signed by the Governor
- Public Law 166
- Signed by the President of the Senate
- Signed by the President Pro Tempore
- Signed by the Speaker
- House concurred with Senate amendments; Roll Call 470: yeas 82, nays 0
- Motion to concur filed
- Returned to the House with amendments
- Third reading: passed; Roll Call 251: yeas 49, nays 0
- Second reading: ordered engrossed
- Senator Randolph added as cosponsor
- Committee report: amend do pass, adopted
Showing 12 most recent of 23 actions. Full history