NAPSLO officials are voicing strong support for the enactment offederal legislation that would create a national clearinghouse thatwould serve as a one-stop licensing system for agents and brokersoperating outside of their home state.
The legislation, H.R. 1115, would create the NationalAssociation of Registered Agents and Brokers. It passed the Housewith strong support earlier this month, and is now awaiting Senatefloor action. The Senate bill is S. 534.
“While Congress is facing difficult budget challenges thisfall, one would hope that a non-controversial bill with widespreadindustry support such as NARAB II will be brought to a vote andpassed during this Congress,” says David E. Leonard, co-chair ofNAPSLO's Legislative Committee and chairman of the RSUI Group inAtlanta.
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