92nd General Assembly
Summary of HB2544
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House Sponsors:

Short description: 
REAL ESTATE APPRAISERS LICENSG                                             

Synopsis of Bill as introduced:
        Creates  the  Real  Estate  Appraiser  Licensing  Act  of   2002.      
   Requires  a  person  to  possess  an  appraiser's  license in order to      
   appraise a home in a federally related  transaction  or  advertise  or      
   hold  himself  or  herself  out  as  an  appraiser.   Creates criminal      
   penalties for practicing without a license when it is  required  in  a      
   federally  related  transaction.     Creates  3 classes of appraisers:      
   general real estate appraiser, residential real estate appraiser,  and      
   associate  real estate appraiser.  Sets out guidelines for application      
   and renewal for each type of appraiser's license.  Requires  licensure      
   of education providers and approval of courses.  Creates the Appraisal      
   Administration  Fund.   Creates  a Real Estate Appraisal Board. Denies      
   home rule powers.  Repeals the Real Estate Appraiser Licensing Act  on      
   July  1,  2002.   Amends the Regulatory Sunset Act.  Effective July 1,      
Last action on Bill: TABLED BY SPONSOR                                      HRUL

   Last action date: FEB-28-2001

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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