Fabio
91 lines
5.9 KiB
Markdown
91 lines
5.9 KiB
Markdown
---
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type: "Bill"
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title: "Real estate matters."
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description: "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."
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jurisdiction: "us/states/in"
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legislature: "Indiana General Assembly"
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session: "2025"
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identifier: "HB 1347"
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citation: "Indiana HB 1347 (2025)"
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classification: ["bill"]
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subjects: ["PROPERTY; Real Estate", "REAL ESTATE APPRAISERS", "BROKERS", "AND SALESPERSONS", "STATE GOVERNMENT; History", "Culture", "and Preservation"]
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status: "enacted"
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primary_sponsors: ["Edward Clere", "Kyle Walker"]
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version_count: 4
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action_count: 23
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vote_count: 3
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first_action: "2025-01-13"
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last_action: "2025-05-01"
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source: "openstates"
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source_identifier: "ocd-bill/80d82151-1521-4697-afab-aa2f47914044"
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source_url: "https://api.iga.in.gov/2025/bills/hb1347"
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source_hash: "32f4de9078818aeb662d9749dae1b1b43fd8be094df3fd37928cb10056038553"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-in"]
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---
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# Indiana HB 1347 (2025) — Real estate matters.
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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.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Enrolled House Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1347/HB1347.04.ENRS.pdf)
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2. **House Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1347/HB1347.03.COMS.pdf)
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3. **House Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1347/HB1347.02.COMH.pdf)
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4. **Introduced House Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1347/HB1347.01.INTR.pdf)
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## Votes
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- HB 1347 - Walker K - 3rd Reading — **49–0** (pass) · upper
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- HB 1347 - Clere - 3rd Reading — **91–1** (pass) · lower
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- HB 1347 - Clere — **82–0** (pass) · lower
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## Sponsors
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- Edward Clere — primary (person)
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- Kyle Walker — primary (person)
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- Greg Goode — cosponsor (person)
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- Lonnie Randolph — cosponsor (person)
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- Mike Andrade — coauthor (person)
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- Timothy O'Brien — coauthor (person)
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- Wendy Dant Chesser — coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-01-13** First reading: referred to Committee on Financial Institutions `reading-1, referral-committee`
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- **2025-01-13** Authored by Representative Clere
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- **2025-01-13** Coauthored by Representatives O'Brien and Dant Chesser
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- **2025-01-21** Committee report: amend do pass, adopted `committee-passage`
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- **2025-01-27** Second reading: ordered engrossed `reading-2`
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- **2025-01-27** Representative Andrade added as coauthor
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- **2025-01-28** Senate sponsor: Senator Walker K
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- **2025-01-28** Cosponsor: Senator Goode
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- **2025-01-28** Third reading: passed; Roll Call 33: yeas 91, nays 1 `passage, reading-3, reading-3`
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- **2025-01-29** Referred to the Senate `referral`
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- **2025-02-18** First reading: referred to Committee on Insurance and Financial Institutions `reading-1, referral-committee`
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- **2025-03-13** Committee report: amend do pass, adopted `committee-passage`
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- **2025-03-13** Senator Randolph added as cosponsor
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- **2025-03-17** Second reading: ordered engrossed `reading-2`
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- **2025-03-18** Third reading: passed; Roll Call 251: yeas 49, nays 0 `passage, reading-3, reading-3`
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- **2025-03-19** Returned to the House with amendments `receipt`
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- **2025-04-15** Motion to concur filed `filing`
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- **2025-04-16** House concurred with Senate amendments; Roll Call 470: yeas 82, nays 0
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- **2025-04-17** Signed by the Speaker `passage`
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- **2025-04-21** Signed by the President Pro Tempore `passage`
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- **2025-04-23** Signed by the President of the Senate `passage`
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- **2025-05-01** Public Law 166 `became-law`
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- **2025-05-01** Signed by the Governor `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/80d82151-1521-4697-afab-aa2f47914044`. Confidence: reported (aggregated from official Indiana legislature records).
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