APPRAISAL MANAGEMENT COMPANIES
Summary
Repeals the Appraisal Management Company Registration Act. Makes conforming changes in the Real Estate Appraiser Licensing Act of 2002. In the Real Estate Appraiser Licensing Act of 2002, removes a provision requiring written disclosure to a borrower or loan applicant of the total compensation to the appraiser or appraisal firm when an appraisal obtained through an appraisal management company is used for loan purposes. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2017
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2017
Last action Jan 9, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
0
Committee
3
Jan 9, 2019
Senate · Failed
Session Sine Die
Mar 17, 2017
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Feb 28, 2017
Senate · Referred to committee
Assigned to Licensed Activities and Pensions
Feb 9, 2017
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
William E. Brady
RRepublican
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