l9n/ Mississippi

2026 Regular Session

Senate Bill 2748

Real estate brokers; revise various definitions and provisions related to licensees.

Became law as Chapter 350, Laws of 2026, signed March 13, 2026, 53 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 73-35-3, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERM "BROKERAGE AGREEMENT" AND REVISE ADDITIONAL DEFINITIONS RELATED TO REAL ESTATE BROKERS; TO AMEND SECTION 73-35-15, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT UPON TERMINATION OF A LICENSEE'S AGENCY, THE PRINCIPAL BROKER SHALL WITHIN THREE DAYS ACKNOWLEDGE THE TRANSFER OF THE LICENSEE SO THAT A NEW LICENSE MAY BE ISSUED; TO AMEND SECTION 73-35-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT WRITTEN NOTICE FOR THE PURPOSE OF NOTIFYING A LICENSEE OF FAILURE TO PAY HIS OR HER RENEWAL FEE SHALL BE DELIVERED TO THE LICENSEE AND, IF APPLICABLE, TO HIS OR HER RESPONSIBLE BROKER, TO THE EMAIL ADDRESS FOR THE LICENSEE AND BROKER ON FILE WITH THE MISSISSIPPI REAL ESTATE COMMISSION; TO AMEND SECTION 73-35-21, MISSISSIPPI CODE OF 1972, TO CHANGE THE MEANING OF "REASONABLE TIME" FROM THE NEXT BANKING DAY TO TWO BANKING DAYS IMMEDIATELY FOLLOWING THE DATE ON WHICH A LICENSEE COMES INTO POSSESSION OF MONIES BELONGING TO OTHERS OR ON WHICH A RESPONSIBLE BROKER TAKES OR RECEIVES ANY CASH OR CHECKS FROM PROCURING THE EXECUTION OF AN EARNEST MONEY CONTRACT OR OPTION OR OTHER CONTRACT; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

1 co-sponsor

Sollie B. Norwood

Its course

January 19 to March 13, 2026, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action12 actions on 10 days

In the SenateJan 19 to Feb 1123 days

Business and Financial InstitutionsJan 19 to Jan 289 days

In the House of RepresentativesFeb 11 to Mar 421 days

Business and CommerceFeb 16 to Feb 2610 days

With the GovernorMar 4 to Mar 139 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the Senate Jan 19 – Feb 11

  1. Jan 19Referred to the Senate committee on Business and Financial Institutions
  2. Jan 28Reported from committee in the Senate: title sufficient, do pass as a committee substitute
  3. Feb 11Committee substitute adopted in the Senate
  4. Passed the Senate

In the House of Representatives Feb 12 – Mar 4

  1. Feb 12Sent to the House
  2. Feb 16Referred to the House committee on Business and Commerce
  3. Feb 26Reported from committee in the House: title sufficient, do pass
  4. Mar 4Passed the House

To the Governor Mar 5 – Mar 13

  1. Mar 5Returned to the Senate for enrolling
  2. Mar 10Enrolled bill signed in the Senate
  3. Enrolled bill signed in the House
  4. Mar 13Approved by the Governor
All 12 actions, as published
  1. Jan 19Referred To Business and Financial InstitutionsSenate
  2. Jan 28Title Suff Do Pass Comm SubSenate
  3. Feb 11Committee Substitute AdoptedSenate
  4. Feb 11PassedSenate
  5. Feb 12Transmitted To HouseSenate
  6. Feb 16Referred To Business and CommerceHouse of Representatives
  7. Feb 26Title Suff Do PassHouse of Representatives
  8. Mar 4PassedHouse of Representatives
  9. Mar 5Returned For EnrollingHouse of Representatives
  10. Mar 10Enrolled Bill SignedSenate
  11. Mar 10Enrolled Bill SignedHouse of Representatives
  12. Mar 13Approved by GovernorGovernor