Bill Text: IL HB5502 | 2017-2018 | 100th General Assembly | Chaptered
Bill Title: Amends the Real Estate Appraiser Licensing Act of 2002. Removes language providing that an associate real estate trainee appraiser license may not be renewed more than 2 times and language providing that an applicant for an associate real estate trainee appraiser license shall personally take and pass an examination authorized by the Department of Financial and Professional Regulation.
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: (Passed) 2018-08-13 - Public Act . . . . . . . . . 100-0832 [HB5502 Detail]
Download: Illinois-2017-HB5502-Chaptered.html
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| Public Act 100-0832 | ||||
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AN ACT concerning regulation.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Real Estate Appraiser Licensing Act of 2002 | ||||
is amended by changing Sections 5-20 and 5-25 and by adding | ||||
Section 25-16 as follows:
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(225 ILCS 458/5-20)
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(Section scheduled to be repealed on January 1, 2022)
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Sec. 5-20. Application for associate real estate trainee
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appraiser. Every person who desires to obtain an associate real | ||||
estate trainee appraiser
license shall:
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(1) apply to the Department
on forms provided by the | ||||
Department
accompanied by the required
fee;
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(2) be at least 18 years of age;
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(3) provide evidence of having attained a high school | ||||
diploma or completed
an
equivalent course of
study as | ||||
determined by an examination conducted
or accepted
by the | ||||
Illinois State Board of
Education;
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(4) (blank); and personally take and pass an | ||||
examination authorized by the Department; and
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(5) prior to taking the examination, provide evidence
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to the Department
that he or she has successfully
completed
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the prerequisite qualifying and any conditional education | ||||
requirements as established by
rule.
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(Source: P.A. 98-1109, eff. 1-1-15.)
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(225 ILCS 458/5-25)
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(Section scheduled to be repealed on January 1, 2022)
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Sec. 5-25. Renewal of license.
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(a) The expiration date and renewal period
for a State | ||
certified general
real estate appraiser license
or a State | ||
certified residential
real estate appraiser license issued | ||
under
this Act shall be set by rule.
Except as otherwise | ||
provided in subsections (b) and (f) of this Section, the
holder | ||
of a license may renew
the license within 90 days preceding the | ||
expiration date by:
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(1) completing and submitting to the Department
a | ||
renewal application form as
provided by
the Department;
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(2) paying the required fees; and
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(3) providing evidence of successful completion of the | ||
continuing
education requirements through courses approved | ||
by the Department
from
education providers licensed by the | ||
Department, as established by the AQB
and by rule.
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(b) A State certified general real estate appraiser
or | ||
State certified
residential real estate
appraiser whose | ||
license under this Act has expired may renew
the license for a | ||
period of
2 years following the expiration date by complying | ||
with the requirements of
paragraphs (1), (2),
and (3) of | ||
subsection (a)
of this Section and paying any late penalties | ||
established by rule.
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(c) (Blank).
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(d) The expiration date and renewal period for an associate | ||
real estate
trainee appraiser license issued under this
Act | ||
shall be set by rule. Except as otherwise provided in | ||
subsections (e) and
(f) of this Section, the holder
of an | ||
associate real estate appraiser license may renew the license | ||
within 90
days preceding the expiration date by:
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(1) completing and submitting to the Department
a | ||
renewal application form as
provided by the Department;
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(2) paying the required fees; and
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(3) providing evidence of successful completion of the | ||
continuing
education requirements through
courses approved | ||
by the Department
from education providers approved
by the | ||
Department, as established by rule.
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(e) Any associate real estate appraiser trainee whose | ||
license under this Act has
expired may
renew the license for a | ||
period of 2 years following the expiration date
by complying | ||
with the requirements of paragraphs
(1), (2), and (3) of | ||
subsection (d) of this Section and paying any late
penalties
as | ||
established by rule. An associate real estate trainee appraiser | ||
license may not be renewed more than 2 times.
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(f) Notwithstanding subsections (c) and (e), an
appraiser | ||
whose license
under this Act has expired may renew or convert | ||
the license without
paying any lapsed renewal
fees or late | ||
penalties if the license expired while the appraiser was:
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(1) on active duty with the United States Armed | ||
Services;
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(2) serving as the Coordinator
of Real Estate Appraisal | ||
or an employee of
the Department
who was required to | ||
surrender his or her license during the term of
employment.
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Application for renewal must be made within 2 years | ||
following
the termination of the military service or related | ||
education, training, or
employment. The
licensee shall furnish | ||
the Department
with an affidavit that he or she was so engaged.
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(g) The Department
shall provide reasonable care and due | ||
diligence to ensure that each
licensee under this Act
is | ||
provided with a renewal application at least 90 days prior to | ||
the expiration
date, but
each licensee is responsible to
timely | ||
renew or convert his or her license prior to its expiration | ||
date.
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(Source: P.A. 96-844, eff. 12-23-09.)
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(225 ILCS 458/25-16 new) | ||
Sec. 25-16. Staff. The Department shall employ a minimum of | ||
one investigator with an active certified appraiser license per | ||
2,000 licensees in order to have sufficient staff to perform | ||
the Department's obligations under this Act.
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