Wednesday, May 23, 2007

Update on Tennessee anti-rebate bill

As of this afternoon it is my understanding that Tennessee Governor Phil Bredesen has neither signed nor vetoed the bill passed by both bodies of the Tennessee legislature earlier this month that would prohibit TN real estate brokers from giving rebates to their customers.

After digging around on the TN Assembly website, and speaking with the Governor's Office and State Senator Black's office, I believe this is a copy of the bill passed by the legislature and awaiting the Governor's attention.

Much thanks to Valerie of Senator Black's office for making sense of the Assembly's website for me!

To be continued.


  1. Realtors are opposed to price competition. Pretty brazen to bribe the legislature to fix commissions. The consumer will have to pay the for the law.

  2. Governor Bredesen signed the bill into law Wednesday night. The entire process was shameful.