Summary of the Committee Version of the Bill

HB 1964 -- NEIGHBORHOOD ASSOCIATION

SPONSOR:  Gambaro

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Municipal Corporations by a vote of 9 to 0.

This bill allows neighborhood associations, acting without
compensation, to participate in real estate transactions by
providing prospective buyers with information regarding real
estate located within the geographical area which the association
represents.  A neighborhood association is any group organized
for the sole purpose of improving a particular geographic area
within a municipality.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that in the City of St. Louis,
neighborhood associations currently maintain property lists for
prospective renters and buyers as a community service, which
facilitates the sale or rental of property and encourages
neighborhood stability.  The bill would resolve any confusion
regarding the legality of the community service function
performed by neighborhood associations.

Testifying for the bill were Representative Gambaro; and Missouri
Association of Realtors.

OPPONENTS:  There was no opposition voiced to the committee.

Joseph Deering, Legislative Analyst

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Last Updated October 11, 2002 at 9:03 am