Senate Sponsors: MADIGAN,R. House Sponsors: PANKAU-GILES Short description: RE APPRAISER-LICENSE REQ Synopsis of Bill as introduced: Amends the Real Estate Appraiser Licensing Act. Provides that a violation of the Section regarding licensure requirements and the use of the title 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. HOUSE AMENDMENT NO. 1. Provides that an applicant for renewal of a license may satisfy up to 50% of the continuing education requirements by presenting evidence of participation as an instructor of specified courses. Last action on Bill: PUBLIC ACT.............................. 91-0758 Last action date: 00-06-02 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status