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---
type: "Bill"
title: "Business and professions."
description: "(1) Existing law provides for the licensure, endorsement, and regulation of real estate brokers, real estate salespersons, and mortgage loan originators by the Real Estate Commissioner of the Department of Real Estate in the Business, Transportation and Housing Agency. The Office of Real Estate Appraisers within the Business, Transportation and Housing Agency is under the supervision and control of the Secretary of Business, Transportation and Housing. Existing law provides for the licensure, certification, and regulation of persons who engage in specified real estate appraisal activity by the Director of the Office of Real Estate Appraisers, who is responsible to the Secretary of Business, Transportation and Housing."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20112012"
identifier: "SB 706"
citation: "California SB 706 (20112012)"
classification: ["bill"]
subjects: ["Business and professions."]
status: "enacted"
primary_sponsors: ["Price"]
version_count: 11
action_count: 34
vote_count: 8
first_action: "2011-02-18"
last_action: "2011-10-09"
source: "openstates"
source_identifier: "ocd-bill/a042bb11-bff3-4100-87ef-2c372bbb2f74"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB706"
source_hash: "61f3a1caa7375338ed4c3312058d626068a89c028f7a988492da9b18e746065f"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---
# California SB 706 (20112012) — Business and professions.
(1) Existing law provides for the licensure, endorsement, and regulation of real estate brokers, real estate salespersons, and mortgage loan originators by the Real Estate Commissioner of the Department of Real Estate in the Business, Transportation and Housing Agency. The Office of Real Estate Appraisers within the Business, Transportation and Housing Agency is under the supervision and control of the Secretary of Business, Transportation and Housing. Existing law provides for the licensure, certification, and regulation of persons who engage in specified real estate appraisal activity by the Director of the Office of Real Estate Appraisers, who is responsible to the Secretary of Business, Transportation and Housing.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **02/18/11 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB706&version=20110SB70699INT)
2. **03/24/11 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB706&version=20110SB70698AMD)
3. **04/25/11 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB706&version=20110SB70697AMD)
4. **05/31/11 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB706&version=20110SB70696AMD)
5. **06/27/11 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB706&version=20110SB70695AMD)
6. **07/12/11 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB706&version=20110SB70694AMD)
7. **08/15/11 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB706&version=20110SB70693AMD)
8. **08/26/11 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB706&version=20110SB70692AMD)
9. **10/09/11 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB706&version=20110SB70690CHP)
10. **SB706** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB706)
11. **09/13/11 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB706&version=20110SB70691ENR)
## Votes
- Do pass as amended. — **62** (pass) · upper
- 3rd Reading — **2212** (pass) · upper
- Do pass as amended and be re-referred to the Committee on Appropriations. — **63** (pass) · lower
- Unfinished Business SB706 Price Concurrence — **2413** (pass) · upper
- Placed on Appropriations Suspense file. — **90** (pass) · upper
- Do pass as amended. — **125** (pass) · lower
- Do pass, but re-refer to the Committee on Appropriations. — **72** (pass) · upper
- SB 706 Price Senate Third Reading By HILL — **5326** (pass) · lower
## Sponsors
- Price — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2011-02-18** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
- **2011-02-20** From printer. May be acted upon on or after March 22.
- **2011-03-03** Referred to Com. on RLS. `referral-committee`
- **2011-03-24** From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2011-03-31** Re-referred to Com. on B., P. & E.D. `referral-committee`
- **2011-04-08** Set for hearing April 25.
- **2011-04-11** Hearing postponed by committee.
- **2011-04-12** Set for hearing May 2.
- **2011-04-25** From committee with author's amendments. Read second time and amended. Re-referred to Com. on B., P. & E.D. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2011-05-03** From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 2. Page 849.) (May 2). Re-referred to Com. on APPR. `referral-committee, committee-passage, committee-passage-favorable`
- **2011-05-06** Set for hearing May 16.
- **2011-05-16** Hearing postponed by committee.
- **2011-05-17** Set for hearing May 23.
- **2011-05-23** Placed on APPR. suspense file.
- **2011-05-25** Set for hearing May 26.
- **2011-05-27** From committee: Do pass as amended. (Ayes 6. Noes 2. Page 1121.) (May 26). `amendment-passage, committee-passage, committee-passage-favorable`
- **2011-05-31** Read second time and amended. Ordered to third reading. `reading-2, reading-1, amendment-passage`
- **2011-06-01** Read third time. Passed. (Ayes 22. Noes 12. Page 1247.) Ordered to the Assembly. `reading-3, reading-1, passage`
- **2011-06-02** In Assembly. Read first time. Held at Desk. `reading-1`
- **2011-06-09** Referred to Com. on B., P. & C.P. `referral-committee`
- **2011-06-27** From committee with author's amendments. Read second time and amended. Re-referred to Com. on B., P. & C.P. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2011-07-11** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 6. Noes 3.) (July 5). `amendment-passage, committee-passage, committee-passage-favorable`
- **2011-07-12** Read second time and amended. Re-referred to Com. on APPR. `reading-2, reading-1, amendment-passage, referral-committee`
- **2011-08-15** From committee with author's amendments. Read second time and amended. Re-referred to Com. on APPR. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2011-08-17** Set, first hearing. Referred to APPR. suspense file. `referral-committee`
- **2011-08-26** From committee: Do pass as amended. (Ayes 12. Noes 5.) (August 25). `amendment-passage, committee-passage, committee-passage-favorable`
- **2011-08-26** Read second time and amended. Ordered to second reading. `reading-2, reading-1, amendment-passage`
- **2011-08-29** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2011-09-08** Read third time. Passed. (Ayes 53. Noes 26. Page 3044.) Ordered to the Senate. `reading-3, reading-1, passage`
- **2011-09-08** In Senate. Concurrence in Assembly amendments pending.
- **2011-09-09** Assembly amendments concurred in. (Ayes 24. Noes 13. Page 2452.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
- **2011-09-16** Enrolled and presented to the Governor at 10:30 a.m.
- **2011-10-09** Approved by the Governor. `executive-signature`
- **2011-10-09** Chaptered by Secretary of State. Chapter 712, Statutes of 2011.
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a042bb11-bff3-4100-87ef-2c372bbb2f74`. Confidence: reported (aggregated from official California legislature records).