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90_HB1214eng New Act 5 ILCS 80/4.18 new 225 ILCS 455/15 from Ch. 111, par. 5815 225 ILCS 455/23 from Ch. 111, par. 5823 225 ILCS 455/Art. 2 rep. Creates the Real Estate Appraiser Licensing Act to regulate the practice of real estate appraisal through licensing requirements. Repeals Article 2 of the Real Estate License Act of 1983. Amends the Regulatory Agency Sunset Act to sunset the new Act on January 1, 2008. Effective October 1, 1997. LRB9003012DPccB HB1214 Engrossed LRB9003012DPccB 1 AN ACT to create the Real Estate Appraiser Licensing Act. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 1. Short title. This Act may be cited as the 5 Real Estate Appraiser Licensing Act.