Dylan Roberts
- Democratic
- Senator
- District 8
Primary
The act implements most of the recommendations of the department of regulatory agencies, as contained in the department's sunset review of the board of real estate appraisers (board), as follows: Continues the board for 9 years, until September 1, 2031; Requires the board to adopt rules to authorize an exemption from compliance with the uniform standards of professional appraisal practice that would allow an appraiser to perform an evaluation instead of a full appraisal for a federally regulated financial institution and authorizes an appraiser to conduct an evaluation in accordance with the board's rules; Amends statute to comport with federal law, including updating the number of appraisers with which a licensed appraisal management company does business, updating the qualifications for licensure to require the minimum appraisal experience required by the Appraiser Qualifications Board of the Appraisal Foundation or its successor organization, clarifying that the federal regulating authorities that regulate a financial institution are exempted from state registration or licensure, and aligning the hours of continuing education required for reactivation of an inactive license with the number of hours required by the Appraiser Qualifications Board; Repeals the requirement that the board send letters of admonition by certified mail; and Clarifies that fines are assessed on a per-violation basis and reduces the maximum penalty from $2,000 to $1,000, which maximum penalty applies to any violation.(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
Senate Third Reading Passed - No Amendments
Senate Second Reading Special Order - Passed - No Amendments
Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
Senate Committee on Business, Labor, & Technology Refer Unamended to Appropriations
Introduced In Senate - Assigned to Business, Labor, & Technology
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Committee on Appropriations Refer Unamended to House Committee of the Whole
House Committee on Finance Refer Unamended to Appropriations
House Committee on Business Affairs & Labor Refer Amended to Finance
Introduced In House - Assigned to Business Affairs & Labor
| Bill Text Versions | Format |
|---|---|
| Signed Act (06/02/2022) | |
| Final Act (05/31/2022) | |
| Rerevised (04/26/2022) | |
| Revised (04/25/2022) | |
| Reengrossed (04/04/2022) | |
| Engrossed (04/01/2022) | |
| Introduced (02/24/2022) | |
| PA1 (03/17/2022) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (03/29/2022) | |
| Fiscal Note SA2 (04/24/2022) | |
| Fiscal Note FN1 (03/08/2022) | |
| Fiscal Note FN2 (04/08/2022) | |
| Fiscal Note FN3 (06/29/2022) |
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