Date	Chamber	Action
1/10/2017	House	Session Sine Die

Statutes Amended In Order of Appearance

225 ILCS 459/165

Synopsis As Introduced
Amends the Appraisal Management Company Registration Act. Provides that no appraisal management company may require an appraiser to pay the national registry fee required by the Appraisal Subcommittee of the Federal Financial Institutions Examination Council for a person who is (i) on the appraisal panel of the appraisal management company and (ii) certified as an appraiser in this State.

House Committee Amendment No. 1
Replaces everything after the enacting clause. Reinserts the introduced bill with the following changes: provides that an appraisal management company shall not require an appraiser to pay the specified appraisal management company national registry fee assessed by the Appraisal Subcommittee of the Federal Financial Institutions Examination Council for a person that is certified as an appraiser in this State and is on the appraiser panel of the appraisal management company; require an appraiser to pay any fee directly or indirectly to an appraisal management company or to reimburse an appraisal management company for any costs, fees, or other expenses incurred solely by the appraisal management company as a prerequisite to an appraiser being added to an appraiser panel or as a prerequisite to an appraiser receiving an order for an appraisal from an appraisal management company; or deduct any amount from the reasonable and customary fee paid to an appraiser for any costs, fees, or other expenses incurred solely by the appraisal management company.

	Fiscal Note, House Committee Amendment No. 1 (Housing Development Authority)
	This bill will have no effect on the cost of constructing, purchasing, owning, or selling a single-family residence.

	State Mandates Fiscal Note, House Committee Amendment No. 1 (Dept. of Commerce & Economic Opportunity)
	This bill does not create a State mandate.

Actions 

Date	Chamber	Action
2/11/2016	House	Filed with the Clerk by Rep. Robert Rita
2/11/2016	House	First Reading
2/11/2016	House	Referred to Rules Committee
3/23/2016	House	Assigned to Business & Occupational Licenses Committee
3/28/2016	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Robert Rita
3/28/2016	House	House Committee Amendment No. 1 Referred to Rules Committee
4/4/2016	House	House Committee Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
4/5/2016	House	House Committee Amendment No. 1 Adopted in Business & Occupational Licenses Committee; by Voice Vote
4/5/2016	House	Do Pass as Amended / Short Debate Business & Occupational Licenses Committee; 010-000-000
4/6/2016	House	Placed on Calendar 2nd Reading - Short Debate
4/14/2016	House	House Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. Ed Sullivan
4/14/2016	House	House Committee Amendment No. 1 State Mandates Fiscal Note Requested as Amended by Rep. Ed Sullivan
4/15/2016	House	House Committee Amendment No. 1 Fiscal Note Filed as Amended
4/15/2016	House	Second Reading - Short Debate
4/15/2016	House	Held on Calendar Order of Second Reading - Short Debate
4/19/2016	House	House Committee Amendment No. 1 State Mandates Fiscal Note Filed as Amended
4/22/2016	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2017	House	Session Sine Die

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