Bill Status of HB 1561   104th General Assembly


Short Description:  REAL ESTATE-APPRAISER LICENSES

House Sponsors
Rep. Charles Meier

Last Action  View All Actions

DateChamber Action
  1/28/2025HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
225 ILCS 458/5-60 new

Synopsis As Introduced
Amends the Real Estate Appraiser Licensing Act of 2002. Provides that any person or business that, as of January 1, 1995, was practicing as an appraiser in the State of Illinois and had a minimum of 2 years of experience practicing as an appraiser is exempt from the required licensure as a certified general real estate appraiser under the provisions regarding an application for a State certified general real estate appraiser license. Provides that, on and after July 1, 2029, no person or business organization shall be issued a certified general real estate appraiser license using the grandfather clause exemption.

Actions 
DateChamber Action
  1/21/2025HouseFiled with the Clerk by Rep. Charles Meier
  1/28/2025HouseFirst Reading
  1/28/2025HouseReferred to Rules Committee

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