Illinois General Assembly - Bill Status for HB3495
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 Bill Status of HB3495  94th General Assembly


Short Description:  REAL ESTATE APPRAISERS ACT

House Sponsors
Rep. Angelo Saviano - Paul D. Froehlich - Sidney H. Mathias and Karen A. Yarbrough

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
5 ILCS 80/4.22
225 ILCS 458/Art. 1 heading
225 ILCS 458/1-1
225 ILCS 458/1-10
225 ILCS 458/1-11 new
225 ILCS 458/1-12 new
225 ILCS 458/1-13 new
225 ILCS 458/1-15was 225 ILCS 458/25-10
225 ILCS 458/1-20was 225 ILCS 458/10-5
225 ILCS 458/1-25was 225 ILCS 458/10-10
225 ILCS 458/1-30was 225 ILCS 458/5-20, 458/5-15, 458/5-10
225 ILCS 458/1-35was 225 ILCS 458/5-25
225 ILCS 458/1-40was 225 ILCS 458/5-35
225 ILCS 458/1-45 new
225 ILCS 458/1-50was 225 ILCS 458/5-45
225 ILCS 458/1-55 newwas 225 ILCS 458/5-50
225 ILCS 458/1-60was 225 ILCS 458/5-55
225 ILCS 458/1-65was 225 ILCS 458/10-20
225 ILCS 458/1-70 new
225 ILCS 458/1-75was 225 ILCS 458/20-5
225 ILCS 458/1-80was 225 ILCS 458/20-10
225 ILCS 458/1-85 new
225 ILCS 458/1-90 new
225 ILCS 458/1-95was 225 ILCS 458/25-15
225 ILCS 458/1-100 new
225 ILCS 458/1-105was 225 ILCS 458/15-10
225 ILCS 458/1-110 new
225 ILCS 458/1-115 new
225 ILCS 458/1-120 new
225 ILCS 458/Art. 2 heading new
225 ILCS 458/2-5 new
225 ILCS 458/1-5 rep.
225 ILCS 458/Art. 5 heading rep.
225 ILCS 458/5-5 rep.
225 ILCS 458/5-30 rep.
225 ILCS 458/5-40 rep.
225 ILCS 458/Art. 10 heading rep.
225 ILCS 458/10-15 rep.
225 ILCS 458/Art. 15 heading rep.
225 ILCS 458/15-5 rep.
225 ILCS 458/15-15 rep.
225 ILCS 458/15-20 rep.
225 ILCS 458/15-30 rep.
225 ILCS 458/15-35 rep.
225 ILCS 458/15-40 rep.
225 ILCS 458/15-45 rep.
225 ILCS 458/15-50 rep.
225 ILCS 458/15-55 rep.
225 ILCS 458/15-60 rep.
225 ILCS 458/Art. 20 heading rep.
225 ILCS 458/Art. 25 heading rep.
225 ILCS 458/25-5 rep.
225 ILCS 458/25-20 rep.
225 ILCS 458/25-25 rep.
225 ILCS 458/25-30 rep.
225 ILCS 458/30-10 rep.


Synopsis As Introduced
Amends the Real Estate Appraiser Licensing Act of 2002. Changes the short title to the Illinois Real Estate Appraisers Act (and amends the Regulatory Sunset Act to reflect the change in the short title). Changes and repeals the provisions of, and adds provisions to, the Real Estate Appraiser Licensing Act of 2002 as follows: creates the Illinois Appraisal Board as an entity with 9 members appointed by the Governor, sets forth its powers and duties, and provides that the Board shall appoint a non-voting Executive Director with specified qualifications, powers, and duties; requires real estate appraisers to obtain a registration, license, or certificate issued by the Board, with specified exceptions; prohibits the use of certain designations unless the person is registered, licensed, or certified by the Board; provides for the scope of practice of appraisers in federally related transactions; requires appraisers to comply with standards of professional appraisal practice adopted by the Board; sets forth application, pre-license and continuing education, and examination requirements and qualifications for an associate real estate appraiser, a State certified residential real estate appraiser, and a State certified General real estate appraiser and provides for renewals; provides for temporary practice permits for nonresident appraisers; provides for fees, retention of records, approval of education programs and courses and education providers; provides that the Board may adopt rules; provides that the Board shall appoint an Executive Director with specified qualifications, powers, and duties; provides that the Board may take disciplinary action and suspend or revoke any registration, license, or certificate or reprimand any registered associate appraiser or certificate holder under specified circumstances; provides for surrender of a registration, license, or certificate; provides for investigations and disposition of complaints; provides that records of the Board concerning a complaint or investigation are not public records, but a statement of charges contained within a notice of a hearing to be held by the Board is a public record, and records admitted into evidence in a hearing held by the Board, and any final decisions and orders by the Board, including consent orders, are public records; provides for inspection of records, penalties for violation of the Act, and injunctions; provides that a court may refer a matter to the Board if an appraiser is adjudged to have caused injury or damage through gross negligence, incompetence, fraud, dishonesty, or other civil or criminal misconduct; repeals various provisions of the Act; and makes other changes.

Actions 
DateChamber Action
  2/23/2005HouseFiled with the Clerk by Rep. Angelo Saviano
  2/24/2005HouseAdded Chief Co-Sponsor Rep. Paul D. Froehlich
  2/24/2005HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  2/24/2005HouseFirst Reading
  2/24/2005HouseReferred to Rules Committee
  3/1/2005HouseAssigned to Executive Committee
  3/10/2005HouseRule 19(a) / Re-referred to Rules Committee
  1/6/2006HouseAdded Co-Sponsor Rep. Karen A. Yarbrough
  1/9/2007HouseSession Sine Die

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