Bill Status of HB 5709   98th General Assembly

Short Description:  REAL ESTATE -VALUATION WAIVER

House Sponsors
Rep. Anthony DeLuca

Senate Sponsors
(Sen. Darin M. LaHood and Kimberly A. Lightford)


Last Action  View All Actions

DateChamber Action
  8/15/2014HousePublic Act . . . . . . . . . 98-0933

Statutes Amended In Order of Appearance
225 ILCS 458/5-5

Synopsis As Introduced
Amends the Real Estate Appraiser Licensing Act of 2002. Provides that a county or municipal engineer employed by a county or municipality or a consulting engineer under contract with a municipality (rather than only a county engineer employed by a county) is not required to have a license to perform a valuation in an amount less than $10,000 that is performed pursuant to certain federal law.

House Committee Amendment No. 1
Replaces everything after the enacting clause with the introduced bill and provides that a county engineer (rather than a county or municipal engineer or a consulting engineer under contract with a municipality), an employee of a county who has completed a minimum of 45 hours of certain course work, or a municipal engineer who has completed the Illinois Department of Transportation's waiver valuation class and who is a registered professional engineer under the Professional Engineering Practice Act of 1989 are not required to have a license to perform a valuation in an amount less than $10,000 that is performed pursuant to certain federal law and which is performed by an employee of the Illinois Department of Transportation and co-signed, with a license number affixed, by another employee of the Illinois Department of Transportation who is a registered professional engineer under the Professional Engineering Practice Act of 1989 or an employee of a municipality and co-signed with a license number affixed by a county or municipal engineer under the Professional Engineering Practice Act of 1989 (rather than performed only by an employee of the Illinois Department of Transportation and co-signed, with a license number affixed, by another employee of the Illinois Department of Transportation who is a registered professional engineer under the Professional Engineering Practice Act of 1989).

House Floor Amendment No. 2
Replaces everything after the enacting clause with House Amendment No. 1 and makes the following changes: provides that valuations performed by an employee of a municipality who has completed a minimum of 45 hours of certain coursework in real estate appraisal and has either 2 years' experience in a field clearly related to real estate or has completed 20 hours of additional coursework that is sufficient for a person to complete waiver valuations as approved by the Federal Highway Administration (rather than valuations performed by an employee of a municipality who has completed a minimum of 45 hours of certain coursework) or valuations performed by a municipal engineer who has completed coursework that is sufficient for his or her waiver valuations to be approved by the Federal Highway Administration and who is a registered professional engineer under the Professional Engineering Act of 1989 (rather than valuations performed by a municipal engineer who has completed the Illinois Department of Transportation's waiver valuation class and who is a registered professional engineer under the Professional Engineering Act of 1989) are not appraisals and do not require a license under the Real Estate Appraiser Licensing Act of 2002.

Actions 
DateChamber Action
  2/14/2014HouseFiled with the Clerk by Rep. Anthony DeLuca
  2/14/2014HouseFirst Reading
  2/14/2014HouseReferred to Rules Committee
  2/27/2014HouseAssigned to Business & Occupational Licenses Committee
  3/20/2014HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Anthony DeLuca
  3/20/2014HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/24/2014HouseHouse Committee Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
  3/26/2014HouseHouse Committee Amendment No. 1 Adopted in Business & Occupational Licenses Committee; by Voice Vote
  3/26/2014HouseDo Pass as Amended / Short Debate Business & Occupational Licenses Committee; 007-003-000
  3/27/2014HousePlaced on Calendar 2nd Reading - Short Debate
  4/8/2014HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Anthony DeLuca
  4/8/2014HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  4/9/2014HouseHouse Floor Amendment No. 2 Rules Refers to Business & Occupational Licenses Committee
  4/9/2014HouseSecond Reading - Short Debate
  4/9/2014HouseHeld on Calendar Order of Second Reading - Short Debate
  4/9/2014HouseHouse Floor Amendment No. 2 Recommends Be Adopted Business & Occupational Licenses Committee; 011-000-000
  4/10/2014HouseHouse Floor Amendment No. 2 Adopted
  4/10/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/10/2014HouseThird Reading - Short Debate - Passed 101-000-000
  4/11/2014SenateArrive in Senate
  4/11/2014SenatePlaced on Calendar Order of First Reading April 29, 2014
  4/23/2014SenateChief Senate Sponsor Sen. Darin M. LaHood
  4/29/2014SenateFirst Reading
  4/29/2014SenateReferred to Assignments
  4/30/2014SenateAssigned to Local Government
  5/7/2014SenateDo Pass Local Government; 012-000-000
  5/7/2014SenatePlaced on Calendar Order of 2nd Reading May 8, 2014
  5/15/2014SenateSecond Reading
  5/15/2014SenatePlaced on Calendar Order of 3rd Reading May 19, 2014
  5/22/2014SenateAdded as Alternate Co-Sponsor Sen. Kimberly A. Lightford
  5/22/2014SenateThird Reading - Passed; 057-000-000
  5/22/2014HousePassed Both Houses
  6/20/2014HouseSent to the Governor
  8/15/2014HouseGovernor Approved
  8/15/2014HouseEffective Date January 1, 2015
  8/15/2014HousePublic Act . . . . . . . . . 98-0933

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