Bill Status of SB 2852   100th General Assembly

Short Description:  REAL ESTATE APPRAISERS

Senate Sponsors
Sen. William E. Brady

House Sponsors
(Rep. Robert Rita)


Last Action  View All Actions

DateChamber Action
  1/9/2019SenateSession Sine Die

Statutes Amended In Order of Appearance
225 ILCS 458/1-10
225 ILCS 458/5-7 new
225 ILCS 458/5-10
225 ILCS 458/5-15
225 ILCS 458/5-20
225 ILCS 458/5-22
225 ILCS 458/5-25
225 ILCS 458/5-55
225 ILCS 458/20-5
225 ILCS 458/20-10
225 ILCS 459/10
225 ILCS 459/32 new
225 ILCS 459/35
225 ILCS 459/40
225 ILCS 459/55

Synopsis As Introduced
Amends the Real Estate Appraiser Licensing Act of 2002 and Appraisal Management Company Registration Act. Provides that the Secretary of Financial and Professional Regulation may require participation in a third-party, multi-state licensing system for the licensing of certified general real estate appraisers, certified residential real estate appraisers, associate real estate trainee appraisers, and real estate appraisal education providers; and registration of appraisal management companies. Makes corresponding changes in both Acts. Provides that the multi-state licensing system may share regulatory information and maintain records in compliance with the provisions of the Acts. Provides that the multi-state licensing system may charge an applicant an administration fee that shall be paid directly to the system. Defines "multi-state licensing system". In provisions of the Real Estate Appraiser Licensing Act of 2002 concerning criminal history record checks, provides that the Secretary may designate a multi-state licensing system to perform the checks. Effective immediately.

Actions 
DateChamber Action
  2/13/2018SenateFiled with Secretary by Sen. Pamela J. Althoff
  2/13/2018SenateFirst Reading
  2/13/2018SenateReferred to Assignments
  2/21/2018SenateAssigned to Licensed Activities and Pensions
  3/1/2018SenateDo Pass Licensed Activities and Pensions; 011-000-000
  3/1/2018SenatePlaced on Calendar Order of 2nd Reading March 13, 2018
  4/10/2018SenateSecond Reading
  4/10/2018SenatePlaced on Calendar Order of 3rd Reading April 11, 2018
  4/17/2018SenateThird Reading - Passed; 053-000-000
  4/17/2018HouseArrived in House
  4/17/2018HouseChief House Sponsor Rep. Marcus C. Evans, Jr.
  4/17/2018HouseFirst Reading
  4/17/2018HouseReferred to Rules Committee
  4/26/2018HouseAssigned to Business & Occupational Licenses Committee
  5/7/2018HouseAlternate Chief Sponsor Changed to Rep. Robert Rita
  5/9/2018HouseTo Business Licenses Subcommittee
  5/18/2018HouseRule 19(a) / Re-referred to Rules Committee
  9/30/2018SenateChief Sponsor Changed to Sen. William E. Brady
  1/9/2019SenateSession Sine Die

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