SB 1276 Initials PRB/JL Page 1 Caucus & COW ARIZONA HOUSE OF REPRESENTATIVES Fifty-fifth Legislature Second Regular Session Senate: COM DP 9-0-0-0 | 3 rd Read 27-1-2-0 House: COM DP 10-0-0-0 SB 1276: state real estate department; continuation Sponsor: Senator Mesnard, LD 17 Caucus & COW Overview Continues the Arizona Department of Real Estate (ADRE) for eight years. History Arizona Department of Real Estate ADRE was established in 1921 and administers real estate laws for the purpose of protecting the public interest through licensure and regulation of the real estate profession in Arizona. ADRE regulates and issues licenses for real estate and membership camping brokers and salespersons and for cemeteries. ADRE oversees the activities of licensees, investigates complaints against licensees and land developers, participates in administrative hearings and administers the Homeowners Association Dispute Process. ADRE is directed by the Real Estate Commissioner, who is appointed by the Governor (Title 32, Chapter 20, A.R.S.). Sunset Review Process The sunset review process provides a system for the Legislature to evaluate the need to continue the existence of state agencies which are reviewed by a Legislative Committee of Reference (COR). The COR is required to hold a public hearing, receive testimony from agency officials and the public and consider certain sunset factors in determining whether to recommend continuing, consolidating or terminating the agency (A.R.S § 41-2954). On January 11, 2022, the House Commerce COR held a public hearing and recommended that the Legislature continue ADRE for eight years. ADRE terminates on July 1, 2022, unless continued by the Legislature (COR minutes; A.R.S. § 41-3022.05). Provisions 1. Continues, retroactive to July 1, 2022, ADRE until July 1, 2030. (Sec. 1, 2, 4) 2. Repeals ADRE on January 1, 2031. (Sec. 2) 3. Contains a purpose statement. (Sec. 3) ☐ Prop 105 (45 votes) ☐ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal Note