Bill Text: WV SCR53 | 2019 | Regular Session | Introduced

West Virginia Senate Concurrent Resolution 53 (Prior Session Legislation)

Introduced

Bill Title: Requesting study state's appraisal laws

Spectrum: Bipartisan Bill

Status: (Engrossed - Dead) 2019-03-09 - Ordered to House [SCR53 Detail]

Download: West_Virginia-2019-SCR53-Introduced.html

SENATE CONCURRENT RESOLUTION 53

(By Senators Boso, Swope, Clements, Facemire, Ihlenfeld, Jeffries, Lindsay, Maroney, Palumbo, Smith, Sypolt, Tarr, and Woelfel)

[Originating in the Committee on Government Organization; Reported on March 7, 2019]

Requesting the Joint Committee on Government and Finance study the state’s appraisal laws as they relate to broker price opinions, inspections, and evaluations and how they compare to other states’ laws.

Whereas, The citizens of the state and its businesses rely on various products to determine the value of real property for business purposes and for financing; and

Whereas, It is important to compare our state’s laws that regulate broker price opinions, inspections, and evaluations to those of other states to be sure our citizens are well served and are not placed at an economic disadvantage; and

Whereas, The Legislature is committed to periodically reviewing the state’s laws to ensure the citizens are well served; therefore, be it

Resolved by the Legislature of West Virginia:

That the Joint Committee on Government and Finance is hereby requested to study the state’s appraisal laws as they relate to broker price opinions, inspections, and evaluations and how they compare to other states’ laws; and, be it

Further Resolved, That the Joint Committee on Government and Finance study the appraisal laws in West Virginia as compared to those of other states as they relate to broker price opinions, inspections, and evaluations as regulated by the West Virginia Real Estate Appraiser Licensing and Certification Board to determine if there is a need to update our current statutes; and, be it

Further Resolved, That the Joint Committee on Government and Finance enlist the assistance of the West Virginia Real Estate Appraiser Licensing and Certification Board in conducting this study; and, be it

Further Resolved, That the Joint Committee on Government and Finance report to the regular session of the Legislature, 2020, on its findings, conclusions, and recommendations, together with drafts of any legislation necessary to effectuate its recommendations; and, be it

Further Resolved, That the expenses necessary to conduct this study, to prepare a report, and to draft necessary legislation be paid from legislative appropriations to the Joint Committee on Government and Finance.