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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB4368
Introduced 02/03/04, by Ralph C. Capparelli SYNOPSIS AS INTRODUCED:
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Amends the Real Estate Appraiser Licensing Act of 2002. Makes a technical
change in a Section concerning legislative intent. |
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A BILL FOR
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HB4368 |
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LRB093 18185 LCB 43880 b |
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| AN ACT in relation to the regulation of professions.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5.
The Real Estate Appraiser Licensing Act of 2002 |
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| is amended by
changing
Section 1-5 as follows:
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| (225 ILCS 458/1-5)
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| (Section scheduled to be repealed on January 1, 2012)
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| Sec. 1-5. Legislative intent. The intent of the General |
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| Assembly in
enacting this Act is to
evaluate the competency of |
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| persons engaged in the appraisal of real estate in
connection |
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| with a federally related transaction and
to license and |
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| regulate
those persons for the protection of the public. |
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| Additionally, It is
also the intent
of the General Assembly for
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| this Act to be consistent with the provisions of Title XI of |
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| the federal
Financial Institutions Reform,
Recovery and |
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| Enforcement Act of 1989.
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| (Source: P.A. 92-180, eff. 7-1-02.)
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