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 Bill Status of HB0722  100th General Assembly


Short Description:  APPRAISERS-REGISTRY FEE

House Sponsors
Rep. Robert Rita

Last Action
DateChamber Action
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
225 ILCS 459/165


Synopsis As Introduced
Amends the Appraisal Management Company Registration Act. Provides that an appraisal management company shall not require an appraiser to pay the specified appraisal management company national registry fee assessed by the Appraisal Subcommittee of the Federal Financial Institutions Examination Council for a person that is certified as an appraiser in this State and is on the appraiser panel of the appraisal management company; require an appraiser to pay any fee directly or indirectly to an appraisal management company or to reimburse an appraisal management company for any costs, fees, or other expenses incurred solely by the appraisal management company as a prerequisite to an appraiser being added to an appraiser panel or as a prerequisite to an appraiser receiving an order for an appraisal from an appraisal management company; or deduct any amount from the reasonable and customary fee paid to an appraiser for any costs, fees, or other expenses incurred solely by the appraisal management company.

Actions 
DateChamber Action
  1/25/2017HouseFiled with the Clerk by Rep. Robert Rita
  1/25/2017HouseFirst Reading
  1/25/2017HouseReferred to Rules Committee
  2/8/2017HouseAssigned to Business & Occupational Licenses Committee
  2/23/2017HouseTo Business Licenses Subcommittee
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

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