Public Act 100-0832
 
HB5502 EnrolledLRB100 18873 XWW 34117 b


  
    AN ACT concerning regulation.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  


 
 
    Section 5. The Real Estate Appraiser Licensing Act of 2002 
is amended  by changing Sections 5-20 and 5-25 and by adding 
Section 25-16 as follows:
 


    (225 ILCS 458/5-20)




    (Section scheduled to be repealed on January 1, 2022)

    Sec. 5-20. Application for associate real estate trainee

appraiser. Every person who desires to obtain an associate real 
estate trainee appraiser
license shall:

        (1) apply to the Department
 on forms provided by the 
    Department
 accompanied by the required
fee;

        (2) be at least 18 years of age;

        (3) provide evidence of having attained a high school 
    diploma or completed
an
equivalent course of
study as 
    determined by an examination conducted
or accepted
by the 
    Illinois State Board of
Education;

        (4) (blank); and personally take and pass an 
    examination authorized by the Department; and

        (5) prior to taking the examination, provide evidence
 
    to the Department
 that he or she has successfully
completed

    the prerequisite qualifying and any conditional education 
    requirements as established by
rule.


(Source: P.A. 98-1109, eff. 1-1-15.)

 



    (225 ILCS 458/5-25)


    (Section scheduled to be repealed on January 1, 2022)

    Sec. 5-25. Renewal of license. 

    (a) The expiration date and renewal period
for a State 
certified general
real estate appraiser license
or a State 
certified residential
real estate appraiser license issued 
under
this Act shall be set by rule.
 Except as otherwise 
provided in subsections (b) and (f) of this Section, the
holder 
of a license may renew
the license within 90 days preceding the 
expiration date by:


        (1) completing and submitting to the Department
 a 
    renewal application form as
provided by
the Department;


        (2) paying the required fees; and


        (3) providing evidence of successful completion of the 
    continuing
education requirements through courses approved 
    by the Department
 from
education providers licensed by the 
    Department, as established by the AQB
and by rule.

    (b) A State certified general real estate appraiser
or 
State certified
residential real estate
appraiser whose 
license under this Act has expired may renew
the license for a 
period of
2 years following the expiration date by complying 
with the requirements of
paragraphs (1), (2),
and (3) of 
subsection (a)
of this Section and paying any late penalties 
established by rule.

    (c) (Blank).


    (d) The expiration date and renewal period for an associate 
real estate
trainee appraiser license issued under this
Act 
shall be set by rule.  Except as otherwise provided in 
subsections (e) and
(f) of this Section, the holder
of an 
associate real estate appraiser license may renew the license 
within 90
days preceding the expiration date by:


        (1) completing and submitting to the Department
 a 
    renewal application form as
provided by the Department;


        (2) paying the required fees; and


        (3) providing evidence of successful completion of the 
    continuing
education requirements through
courses approved 
    by the Department
 from education providers approved
by the 
    Department, as established by rule.

    (e) Any associate real estate appraiser trainee whose 
license under this Act has
expired may
renew the license for a 
period of 2 years following the expiration date
by complying 
with the requirements of paragraphs
(1), (2), and (3) of 
subsection (d) of this Section and paying any late
penalties
as 
established by rule. An associate real estate trainee appraiser 
license may not be renewed more than 2 times.

    (f) Notwithstanding subsections (c) and (e), an
appraiser 
whose license
under this Act has expired may renew or convert 
the license without
paying any lapsed renewal
fees or late 
penalties if the license expired while the appraiser was:


        (1) on active duty with the United States Armed 
    Services;


        (2) serving as the Coordinator
 of Real Estate Appraisal 
    or an employee of
the Department
 who was required to 
    surrender his or her license during the term of
employment.

    Application for renewal must be made within 2 years 
following
the termination of the military service or related 
education, training, or
employment.  The
licensee shall furnish 
the Department
 with an affidavit that he or she was so engaged.

    (g) The Department
 shall provide reasonable care and due 
diligence to ensure that each
licensee under this Act
is 
provided with a renewal application at least 90 days prior to 
the expiration
date, but
each licensee is responsible to
timely 
renew or convert his or her license prior to its expiration 
date.

(Source: P.A. 96-844, eff. 12-23-09.)

 
    (225 ILCS 458/25-16 new)
    Sec. 25-16. Staff. The Department shall employ a minimum of 
one investigator with an active certified appraiser license per 
2,000 licensees in order to have sufficient staff to perform 
the Department's obligations under this Act.