91st General Assembly
Summary of HB4284
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House Sponsors:
PANKAU-CAPPARELLI.

Senate Sponsors:
MADIGAN,R

Short description: 
RE APPRAISER LIC-TECHNICAL                                                 

Synopsis of Bill as introduced:
        Amends the Real Estate Appraiser Licensing Act. Makes a technical      
   change. Effective immediately.                                              
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          225 ILCS 457/105                                                     
          Adds reference to:                                                   
          225 ILCS 457/15                                                      
          225 ILCS 457/55                                                      
          225 ILCS 457/60                                                      
          225 ILCS 457/85                                                      
          225 ILCS 457/90                                                      
          225 ILCS 457/95                                                      
        Replaces everything. Amends the Real Estate Appraiser Licensing        
   Act. Provides that a violation of the provision regarding the assump-       
   tion or use of certain titles is a Class A misdemeanor. Increases the       
   number of classroom hours required prior to examination for a rank of       
   appraiser licensure, and allows for recommendations of the Appraisal        
   Qualifications Board. Provides that the rank of  State  Licensed  Real      
   Estate  Appraiser  shall  be  held  no  longer  than  from the date of      
   issuance for  the  balance  of  the  initial  license  and  through  2      
   renewals. Changes the continuing education requirements for renewal of      
   an  appraiser  license.  Provides  that civil penalties for unlicensed      
   real estate appraisal practice and other disciplinary actions shall be      
   made payable to the Office of Banks and Real Estate for  deposit  into      
   the Appraisal Administration Fund. Makes other changes.                     
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



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