IN SB0351 | 2018 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Passed on March 7 2018 - 100% progression
Action: 2018-03-07 - Public Law 15
Text: Latest bill text (Enrolled) [PDF]

Summary

Appraisal management companies. Provides that an appraisal management company that engages a real estate appraiser as an independent contractor as described in the statute concerning appraisal management companies to perform an appraisal shall pay the real estate appraiser for the appraisal not later than: (1) the deadline indicated by the payment terms set forth in: (A) the contract or agreement between the appraisal management company and the real estate appraiser; or (B) the real estate appraiser's invoice, if such a contract or agreement: (i) does not exist; or (ii) exists but does not specify any payment terms; or (2) 45

Tracking Information

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Title

Appraisal management companies. Provides that an appraisal management company that engages a real estate appraiser as an independent contractor as described in the statute concerning appraisal management companies to perform an appraisal shall pay the real estate appraiser for the appraisal not later than: (1) the deadline indicated by the payment terms set forth in: (A) the contract or agreement between the appraisal management company and the real estate appraiser; or (B) the real estate appraiser's invoice, if such a contract or agreement: (i) does not exist; or (ii) exists but does not specify any payment terms; or (2) 45

Sponsors


Roll Calls

2018-02-20 - House - House - Third reading (Y: 94 N: 0 NV: 2 Abs: 4) [PASS]
2018-02-14 - House - House - Committee Vote (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2018-01-30 - Senate - Senate - Third reading (Y: 30 N: 19 NV: 0 Abs: 0) [PASS]
2018-01-25 - Senate - Senate - Committee Vote (Y: 9 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2018-03-07SenatePublic Law 15
2018-03-07SenateSigned by the Governor
2018-03-06SenateSigned by the President of the Senate
2018-03-01HouseSigned by the Speaker
2018-02-27SenateSigned by the President Pro Tempore
2018-02-21HouseReturned to the Senate without amendments
2018-02-20HouseThird reading: passed; Roll Call 202: yeas 94, nays 0
2018-02-19HouseSecond reading: ordered engrossed
2018-02-15HouseCommittee report: do pass, adopted
2018-02-06HouseFirst reading: referred to Committee on Commerce, Small Business and Economic Development
2018-02-01SenateReferred to the House
2018-01-30SenateCosponsors: Representatives Morris, Burton and DeVon
2018-01-30SenateHouse sponsor: Representative Miller D
2018-01-30SenateThird reading: passed; Roll Call 109: yeas 30, nays 19
2018-01-29SenateSenator Randolph added as coauthor
2018-01-29SenateSecond reading: ordered engrossed
2018-01-25SenateCommittee report: amend do pass, adopted
2018-01-04SenateFirst reading: referred to Committee on Commerce and Technology
2018-01-04SenateAuthored by Senator Kruse

Indiana State Sources

TypeSource
Summaryhttps://iga.in.gov/legislative/2018/bills/senate/351/details
Texthttp://iga.in.gov/static-documents/4/4/9/e/449e9080/SB0351.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/8/a/f/9/8af9ca30/SB0351.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/4/1/6/1/41615fe8/SB0351.02.COMS.pdf
Texthttp://iga.in.gov/static-documents/7/9/a/f/79afaf0b/SB0351.02.COMS.pdf
Texthttp://iga.in.gov/static-documents/b/9/a/0/b9a0d606/SB0351.03.COMH.pdf
Texthttp://iga.in.gov/static-documents/c/3/8/4/c3847c5b/SB0351.03.COMH.pdf
Texthttp://iga.in.gov/static-documents/0/3/3/5/0335be8e/SB0351.04.ENRH.pdf
Roll Callhttp://iga.in.gov/static-documents/8/5/5/e/855e8b3b/SB0351.01.INTR.01.pdf
Roll Callhttp://iga.in.gov/static-documents/2/b/c/e/2bce64dd/SB0351.109.pdf
Roll Callhttp://iga.in.gov/static-documents/9/d/2/8/9d28764b/SB0351.02.COMS.00.pdf
Roll Callhttp://iga.in.gov/static-documents/1/b/8/6/1b86f3c4/SB0351.202.pdf

Bill Comments

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