Fabio
88 lines
4.1 KiB
Markdown
88 lines
4.1 KiB
Markdown
---
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type: "Bill"
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title: "Business associations of real estate agents."
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description: "Allows a broker company to pay compensation directly to a business entity owned by a licensed broker that has been formed for the purpose of receiving compensation earned by the broker."
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jurisdiction: "us/states/in"
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legislature: "Indiana General Assembly"
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session: "2020"
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identifier: "SB 358"
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citation: "Indiana SB 358 (2020)"
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classification: ["bill"]
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subjects: ["REAL ESTATE APPRAISERS", "BROKERS", "AND SALESPERSONS"]
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status: "enacted"
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primary_sponsors: ["Chip Perfect", "Ethan Manning", "James Merritt"]
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version_count: 4
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action_count: 21
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vote_count: 2
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first_action: "2020-01-13"
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last_action: "2020-03-14"
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source: "openstates"
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source_identifier: "ocd-bill/7c6ece33-be04-4e8c-a4f5-5100d90b09f9"
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source_url: "http://iga.in.gov/legislative/2020/bills/senate/358"
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source_hash: "70aebfeaaa71dcc13c0c64575f0691ba3b665a161c5e09771722e9c38264aaf8"
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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 SB 358 (2020) — Business associations of real estate agents.
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Allows a broker company to pay compensation directly to a business entity owned by a licensed broker that has been formed for the purpose of receiving compensation earned by the broker.
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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 Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2020/bills/SB0358/versions/SB0358.04.ENRH)
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2. **Introduced Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2020/bills/SB0358/versions/SB0358.01.INTR)
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3. **Senate Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2020/bills/SB0358/versions/SB0358.02.COMS)
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4. **Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2020/bills/SB0358/versions/SB0358.03.COMH)
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## Votes
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- SB 358 - Merritt - 3rd Reading — **50–0** (pass) · upper
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- SB 358 - Manning - 3rd Reading — **92–0** (pass) · lower
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## Sponsors
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- Chip Perfect — primary (person)
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- Ethan Manning — primary (person)
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- James Merritt — primary (person)
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- Carey Hamilton — cosponsor (person)
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- Edward Clere — cosponsor (person)
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- Lonnie Randolph — coauthor (person)
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- Woody Burton — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2020-01-13** Authored by Senator Merritt
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- **2020-01-13** First reading: referred to Committee on Commerce and Technology `reading-1, referral-committee`
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- **2020-01-23** Committee report: amend do pass, adopted `committee-passage`
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- **2020-01-27** Second reading: ordered engrossed `reading-2`
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- **2020-01-27** Senator Perfect added as second author
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- **2020-01-28** Third reading: passed; Roll Call 88: yeas 50, nays 0 `reading-3, passage`
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- **2020-01-28** House sponsor: Representative Manning
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- **2020-01-28** Cosponsor: Representative Clere
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- **2020-01-28** Senator Randolph added as coauthor
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- **2020-01-29** Referred to the House
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- **2020-02-10** First reading: referred to Committee on Financial Institutions `reading-1, referral-committee`
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- **2020-02-20** Committee report: do pass, adopted `committee-passage`
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- **2020-02-20** Representatives Burton and Hamilton added as cosponsors
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- **2020-02-24** Second reading: ordered engrossed `reading-2`
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- **2020-02-25** Third reading: passed; Roll Call 213: yeas 92, nays 0 `reading-3, passage`
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- **2020-02-26** Returned to the Senate without amendments
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- **2020-03-02** Signed by the President Pro Tempore
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- **2020-03-03** Signed by the Speaker
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- **2020-03-11** Signed by the President of the Senate
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- **2020-03-14** Public Law 32
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- **2020-03-14** 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/7c6ece33-be04-4e8c-a4f5-5100d90b09f9`. Confidence: reported (aggregated from official Indiana legislature records).
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