House Sponsors: PANKAU-CAPPARELLI. Senate Sponsors: MADIGAN,R Short description: RE APPRAISER LIC-TECHNICAL Synopsis of Bill as introduced: Amends the Real Estate Appraiser Licensing Act. Makes a technical change. Effective immediately. HOUSE AMENDMENT NO. 1. Deletes reference to: 225 ILCS 457/105 Adds reference to: 225 ILCS 457/15 225 ILCS 457/55 225 ILCS 457/60 225 ILCS 457/85 225 ILCS 457/90 225 ILCS 457/95 Replaces everything. Amends the Real Estate Appraiser Licensing Act. Provides that a violation of the provision regarding the assump- tion or use of certain titles is a Class A misdemeanor. Increases the number of classroom hours required prior to examination for a rank of appraiser licensure, and allows for recommendations of the Appraisal Qualifications Board. Provides that the rank of State Licensed Real Estate Appraiser shall be held no longer than from the date of issuance for the balance of the initial license and through 2 renewals. Changes the continuing education requirements for renewal of an appraiser license. Provides that civil penalties for unlicensed real estate appraisal practice and other disciplinary actions shall be made payable to the Office of Banks and Real Estate for deposit into the Appraisal Administration Fund. Makes other changes. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status