KY HB172 | 2021 | Regular Session


Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Passed on March 15 2021 - 100% progression
Action: 2021-03-15 - signed by Governor (Acts Ch. 21)
Text: Latest bill text (Engrossed) [PDF]


Amend KRS 324A.015 to require the board to employ state-certified general appraisers with at least five years of experience to conduct grievance investigations; amend KRS 324A.035 to make technical corrections; amend KRS 324A.047 and 324A.050 to clarify standards; amend KRS 324A.052 to require complaints to be filed within five years after the date of transmittal of the appraisal report or review assignment or at least two years after the final disposition of any judicial proceeding that the appraiser provided testimony related to the assignment; amend KRS 324A.065 to require the initial application fee to not exceed $200 for federally related transactions; require the annual certificate and licensure fees to not exceed $200 for federally related transactions; establish a returned check fee of $50 for federally related transactions; eliminate the initial application fee, examination fee, duplicate certificate fee, and roster fee for nonfederally related transactions; require the board to promulgate administrative regulations to establish and collect a prelicensure fee not to exceed $100 and a continuing education course review fee not to exceed $50; amend KRS 324A.150 to include a network, list, or roster of licensed or certified appraisers to the definition of "appraiser panel"; amend KRS 324A.152 to require an appraisal management company to certify that it is not partly or fully owned by an appraiser whose license has been disciplined; amend KRS 324A.154 to require the board to promulgate administrative regulations with the approval of the executive director of the Kentucky Real Estate Authority; amend KRS 324A.164 to exclude a federally defined "federally regulated appraisal management company" from the appraisal management company statutes.

Tracking Information

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AN ACT relating to the Kentucky Real Estate Appraisers Board.


Roll Calls

2021-03-11 - Senate - Senate: Third Reading RSN# 1688 (Y: 35 N: 0 NV: 0 Abs: 3) [PASS]
2021-03-01 - House - House: Third Reading RCS# 142 (Y: 96 N: 0 NV: 0 Abs: 4) [PASS]


2021-03-15Housesigned by Governor (Acts Ch. 21)
2021-03-12Housedelivered to Governor
2021-03-12Houseenrolled, signed by President of the Senate
2021-03-12Houseenrolled, signed by Speaker of the House
2021-03-11Housereceived in House
2021-03-11Senate3rd reading, passed 35-0
2021-03-11Senateposted for passage in the Consent Orders of the Day for Thursday, March 11, 2021
2021-03-05Senate2nd reading, to Rules
2021-03-04Senatereported favorably, 1st reading, to Consent Calendar
2021-03-03Senateto Licensing & Occupations (S)
2021-03-02Senateto Committee on Committees (S)
2021-03-02Senatereceived in Senate
2021-03-01House3rd reading, passed 96-0 with Committee Substitute
2021-02-25Houseposted for passage in the Regular Orders of the Day for Friday, February 26, 2021
2021-02-25House2nd reading, to Rules
2021-02-24Housereported favorably, 1st reading, to Calendar with Committee Substitute
2021-02-22Houseposted in committee
2021-02-02Houseto Licensing, Occupations, & Administrative Regulations (H)
2021-01-05Houseto Committee on Committees (H)
2021-01-05Houseintroduced in House


Kentucky State Sources

Bill Comments