Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

 Bill Status of SB1817  100th General Assembly


Short Description:  APPRAISAL MANAGEMENT COMPANIES

Senate Sponsors
Sen. Pamela J. Althoff

Last Action
DateChamber Action
  3/17/2017SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
225 ILCS 458/5-5
225 ILCS 458/10-10
225 ILCS 459/Act rep.


Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/9/2017SenateFiled with Secretary by Sen. Pamela J. Althoff
  2/9/2017SenateFirst Reading
  2/9/2017SenateReferred to Assignments
  2/28/2017SenateAssigned to Licensed Activities and Pensions
  3/16/2017SenatePostponed - Licensed Activities and Pensions
  3/17/2017SenateRule 3-9(a) / Re-referred to Assignments

Back To Top