IL HB5140 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Real Estate Appraiser Licensing Act of 2002 and Appraisal Management Company Registration Act. Provides that the Secretary of Financial and Professional Regulation may require participation in a third-party, multi-state licensing system for the licensing of certified general real estate appraisers, certified residential real estate appraisers, associate real estate trainee appraisers, and real estate appraisal education providers; and registration of appraisal management companies. Makes corresponding changes in both Acts. Provides that the multi-state licensing system may share regulatory information and maintain records in compliance with the provisions of the Acts. Provides that the multi-state licensing system may charge an applicant an administration fee that shall be paid directly to the system. Defines "multi-state licensing system". In provisions of the Real Estate Appraiser Licensing Act of 2002 concerning criminal history record checks, provides that the Secretary may designate a multi-state licensing system to perform the checks. Effective immediately.

Tracking Information

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Title

REAL ESTATE APPRAISERS

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2018-04-27HouseRule 19(a) / Re-referred to Rules Committee
2018-04-25HouseHeld on Calendar Order of Second Reading - Short Debate
2018-04-25HouseSecond Reading - Short Debate
2018-04-19HouseChief Sponsor Changed to Rep. David A. Welter
2018-04-11HousePlaced on Calendar 2nd Reading - Short Debate
2018-04-10HouseDo Pass / Short Debate Business & Occupational Licenses Committee; 008-000-000
2018-03-07HouseAssigned to Business & Occupational Licenses Committee
2018-02-16HouseReferred to Rules Committee
2018-02-16HouseFirst Reading
2018-02-15HouseFiled with the Clerk by Rep. Sara Wojcicki Jimenez

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2254581-10Amended CodeCitation Text
22545820-10Amended CodeCitation Text
22545820-5Amended CodeCitation Text
2254585-10Amended CodeCitation Text
2254585-15Amended CodeCitation Text
2254585-20Amended CodeCitation Text
2254585-22Amended CodeCitation Text
2254585-25Amended CodeCitation Text
2254585-55Amended CodeCitation Text
2254585-7New CodeSee Bill Text
22545910Amended CodeCitation Text
22545932New CodeSee Bill Text
22545935Amended CodeCitation Text
22545940Amended CodeCitation Text
22545955Amended CodeCitation Text

Illinois State Sources


Bill Comments

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