HB 5572 Connecticut House · 2025 Regular Session

AN ACT CONCERNING REAL ESTATE WHOLESALERS AND REAL ESTATE WHOLESALE CONTRACTS.

HB 5572 regulates real estate wholesalers by requiring them to obtain a license from the Department of Consumer Protection (except for those entering only one wholesale contract annually). It directly affects real estate wholesalers and sellers who use their services. Key provisions mandate that all wholesale contracts include a 10-day period for sellers to review the contract with an attorney (without penalty) and a prominent warning statement advising sellers to consult a professional. The bill also limits closing dates to 70 days (with written extensions allowed), effective October 1, 2025.

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2025

Committee Review

May 2025

House Passage

May 2025

Senate Passage

Governor

Introduced Jan 21, 2025 Last action May 31, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Proposed Bill → Committee Bill · 4 edits

MODERATE

The bill was amended from a proposed version to a committee version, updating the legislative document number and adding co-sponsor information. The core policy content regarding real estate wholesaler licensing and contract regulations remains substantively unchanged, with only minor formatting and structural adjustments made during committee review.

Scope change

No substantive change to the bill's scope or applicability; the policy provisions for regulating real estate wholesalers remain the same.

TECHNICAL

Updated document number from LCO No. 2257 to LCO No. 5126 to reflect committee processing.

Added co-sponsor information (SEN. CICARELLA, 34th Dist.) to the bill.

Reorganized the bill structure with clearer section numbering and removed the 'Statement of Purpose' from the main body text.

POLICY

All substantive policy provisions regarding real estate wholesaler licensing requirements, fees, contract terms, and enforcement remain identical to the proposed version.

Floor votes · House May 30, 2025

How they voted

135–12

Passed · 4 other

Total votes 151

May 30, 2025

D Democratic102

94 Yea 6 Nay 2

92% Yea

R Republican49

41 Yea 6 Nay 2

83% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 30, 2025

Lower · Passed

HOUSE PASSED, HOUSE AMEND. SCH. A

lower

May 30, 2025

Lower · Passed

HOUSE ADOPTED HOUSE AMEND. SCH. A

lower

May 5, 2025

Lower · Passed

Joint Favorable

lower

Apr 29, 2025

Lower · Passed

REF. BY HOUSE TO COMMITTEE ON Appropriations

lower

Apr 25, 2025

Lower · Passed

Joint Favorable

lower

Apr 22, 2025

Lower · Passed

REF. BY HOUSE TO COMMITTEE ON Judiciary

lower

Mar 24, 2025

Lower · Passed

Joint Favorable

lower

Feb 20, 2025

Committee

REF. TO JOINT COMM. ON General Law

lower

Feb 19, 2025

Lower · Passed

DRAFTED BY COMMITTEE

lower

Jan 21, 2025

Committee

REF. TO JOINT COMM. ON General Law

lower

5 primary · 0 co-sponsors