SB181 Alabama 2019 Session
Summary
- Primary Sponsor
-
Shay Shelnutt SenatorRepublican - Session
- Regular Session 2019
- Title
- Real Estate Appraisers Board, evaluations of property for financial institutions authorized by federal financial institutions regulatory agencies, excluded from regulation by the board, investigators employed by board authorized to be licensees, Secs. 34-27A-2, 34-27A-3, 34-27A-5, 34-27A-23 am'd.
- Description
Under existing law, the Alabama Real Estate Appraisers Board licenses and regulates real estate appraisers providing real estate appraisals.
This bill would define and provide for licensed real estate appraisers to perform evaluations of property authorized by federal financial institution regulatory agencies for federal financial institutions for transactions that do not require an appraisal. The evaluations would not be subject to regulation by the Alabama Real Estate Appraisers Board.
The bill would also authorize an investigator employed by the board to be a licensee of the board.
- Subjects
- Real Estate Appraisers Board
Bill Actions
Pending third reading on day 11 Favorable from Fiscal Responsibility and Economic Development
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development
Bill Text
Documents
Source: Alabama Legislature