Appraisal management companies; compensation of appraiser within 30 days of delivery of report.
Summary
Requires that an appraisal management company compensate the appraiser within 30 days of the initial delivery by the appraiser of the completed appraisal report, except in the case of breach of contract or noncompliance with the conditions of the engagement or performance of services that violate the Uniform Standards of Professional Appraisal Practice.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2017
Committee Review
Feb 2017
Senate Passage
Feb 2017
House of Delegates Passage
Feb 2017
Signed into Law
Mar 2017
Introduced Jan 20, 2017
Signed Mar 20, 2017
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
27
Key actions
8
Committee
9
Mar 20, 2017
Signed into law
Approved by Governor-Chapter 666 (effective 7/1/17)
executive
Feb 24, 2017
Legislature · Passed
Conference report agreed to by House (93-Y 0-N)
legislature
Feb 23, 2017
Legislature · Passed
House requested conference committee
legislature
Feb 21, 2017
Legislature · Passed
Passed House with substitute BLOCK VOTE (98-Y 0-N)
legislature
Feb 21, 2017
Legislature · Passed
Engrossed by House - committee substitute SB1573H1
legislature
Feb 21, 2017
Legislature · Passed
Committee substitute agreed to 17105415D-H1
legislature
Feb 10, 2017
Committee
Assigned GL sub: Subcommittee #1
legislature
Feb 9, 2017
Committee
Referred to Committee on General Laws
legislature
Feb 7, 2017
Legislature · Passed
Engrossed by Senate - committee substitute SB1573S1
legislature
Feb 7, 2017
Legislature · Passed
Committee substitute agreed to 17105137D-S1
legislature
Jan 20, 2017
Committee
Referred to Committee on General Laws and Technology
legislature
Jan 20, 2017
Introduced
Presented and ordered printed 17102071D
legislature
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
FW
Frank W. Wagner
RRepublican
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