SB 526 Modifies licensing standards for real estate appraisers

Sponsor: Scott LR Number: 2132S.03P Fiscal Note: 2132-03 Committee: Financial & Governmental Organizations and Elections Last Action: 5/18/2007 - H Calendar S Bills for Third Reading Journal Page: Title: SCS SB 526 Calendar Position: Effective Date: August 28, 2007 House Handler: Wasson

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Current Bill Summary

SCS/SB 526 - This act modifies the requirements for the licensing of real estate appraisers.

The act removes the following provisions:

• A provision requiring the Governor to appoint a chairperson to the Missouri Appraiser Advisory Council.

• A provision that requires the executive director to notify commission members of all meetings by certified mail.

• The original commission appointment language and certain requirements for commission members.

• A license equivalency standard for reciprocity.

• A provision allowing the commission to waive continuing education requirements for retired or disabled licensees.

The act allows the licensee two years instead of one to renew an expired license. Inactive licenses are authorized.

This act is similar to SB 272 (2007).

CHRIS HOGERTY