republic-os/legislation/us/states/ca/20152016/ab-607.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Real estate trust fund accounts: bond requirement.	Existing law, the Real Estate Law, provides for the licensure and regulation of real estate brokers by the Real Estate Commissioner. Existing law requires a real estate broker who accepts funds belonging to others in connection with a transaction to deposit all those funds in either a neutral escrow depository, into the hands of the broker's principal, or into a trust fund account, as specified.	us/states/ca	California Legislature	20152016	AB 607	California AB 607 (20152016)	bill	Real estate trust fund accounts: bond requirement.	enacted	Dodd	8	23	6	2015-02-24	2015-08-17	openstates	ocd-bill/e76dd07d-dd6f-41af-b5e5-0ed14f916c44	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB607	59ac5c1641955c77fc718bd9622ec7b45dc5e1fcea3f914759d250945beef896	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California AB 607 (20152016) — Real estate trust fund accounts: bond requirement.

Existing law, the Real Estate Law, provides for the licensure and regulation of real estate brokers by the Real Estate Commissioner. Existing law requires a real estate broker who accepts funds belonging to others in connection with a transaction to deposit all those funds in either a neutral escrow depository, into the hands of the broker's principal, or into a trust fund account, as specified.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. 02/24/15 - Introduced (filed) — source
2. 04/23/15 - Amended Assembly (committee substitute) — source
3. 05/22/15 - Amended Senate (committee substitute) — source
4. 06/08/15 - Amended Senate (committee substitute) — source
5. 06/23/15 - Amended Senate (committee substitute) — source
6. 08/17/15 - Chaptered (committee substitute) — source
7. AB607 (committee substitute) — source
8. 07/15/15 - Enrolled (enrolled) — source

Votes

• Do pass. To Consent Calendar. — 17–0 (pass) · lower
• 3rd Reading AB607 Dodd By McGuire — 39–0 (pass) · upper
• AB 607 DODD Consent Calendar Second Day — 77–0 (pass) · lower
• Do pass and be re-referred to the Committee on [Appropriations] — 14–0 (pass) · lower
• Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — 7–0 (pass) · upper
• AB 607 DODD Concurrence in Senate Amendments — 79–0 (pass) · lower

Sponsors

• Dodd — primary (person)
• Gatto — principal coauthor (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2015-02-24 Read first time. To print. reading-1
• 2015-02-25 From printer. May be heard in committee March 27.
• 2015-03-09 Referred to Com. on B. & P. referral-committee
• 2015-04-14 From committee: Do pass and re-refer to Com. on APPR. (Ayes 14. Noes 0.) (April 14). Re-referred to Com. on APPR. referral-committee, committee-passage-favorable, committee-passage
• 2015-04-23 From committee chair, with author's amendments: Amend, and re-refer to Com. on APPR. Read second time and amended. reading-2, amendment-introduction, amendment-passage, reading-1
• 2015-04-27 Re-referred to Com. on APPR. referral-committee
• 2015-04-29 From committee: Do pass. To Consent Calendar. (Ayes 17. Noes 0.) (April 29). committee-passage-favorable, committee-passage
• 2015-04-30 Read second time. Ordered to Consent Calendar. reading-2, reading-1
• 2015-05-07 Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1347.) reading-3, passage, reading-1
• 2015-05-07 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
• 2015-05-21 Referred to Com. on B. & F.I. referral-committee
• 2015-05-22 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I. referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1
• 2015-06-08 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I. referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1
• 2015-06-22 From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (June 17). amendment-introduction, committee-passage, amendment-passage
• 2015-06-23 Read second time and amended. Re-referred to Com. on APPR. referral-committee, reading-2, amendment-passage, reading-1
• 2015-07-06 From committee: Be placed on second reading file pursuant to Senate Rule 28.8. committee-passage
• 2015-07-07 Read second time. Ordered to third reading. reading-2, reading-1
• 2015-07-09 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 1878.). reading-3, passage, reading-1
• 2015-07-09 In Assembly. Concurrence in Senate amendments pending. May be considered on or after July 11 pursuant to Assembly Rule 77.
• 2015-07-13 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 2355.). committee-passage-favorable, amendment-passage
• 2015-08-03 Enrolled and presented to the Governor at 3 p.m.
• 2015-08-17 Approved by the Governor. executive-signature
• 2015-08-17 Chaptered by Secretary of State - Chapter 216, Statutes of 2015.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/e76dd07d-dd6f-41af-b5e5-0ed14f916c44. Confidence: reported (aggregated from official California legislature records).