Community Choice in Real Estate Act Reintroduced in Senate

Published: February 8, 2007

<table width="507"><tbody><tr><td class="itemheader"><span style="FONT-WEIGHT: 900; FONT-SIZE: 14px; MARGIN-BOTTOM: 3px; PADDING-BOTTOM: 3px; COLOR: #003399; PADDING-TOP: 3px; FONT-FAMILY: Arial, Helvetica, sans-serif"><b></b></span></td></tr><!– Story –><tr><td class="blacktext" width="500">Sens. Hillary Rodham Clinton (D-N.Y.) and Wayne Allard (R-Colo.) have introduced The Community Choice in Real Estate Act (S.413), which clarifies congressional intent that real estate brokerage and management are not banking activities. The bill is cosponsored by senators on both sides of the aisle: Jeff Bingaman (D-N.M.), Sherrod Brown (D-Ohio), Richard Burr (R-N.C.), Maria Cantwell (D-Wash.), John Ensign, (R-Nev.), Russ Feingold (D-Wis.), Tom Harkin (D-Iowa), Johnny Isakson (R-Ga.), Frank Lautenberg (D-N.J.), Joe Lieberman (I-Conn.), Richard Shelby (R-Ala.), Bernie Sanders (I-Vt.) and Olympia Snowe (R-Maine). In January, Reps. Paul Kanjorski (D-Pa.) and Ken Calvert (R-Calif.) introduced the House version, H.R. 111, which had 130 cosponsors as of early February. </td></tr></tbody></table>

Last modified: February 8, 2007 at 8:51 am | Originally published: February 8, 2007 at 8:51 am
Printed: September 27, 2020