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SB339 Alabama 2019 Session

Updated Apr 26, 2021
SB339 Alabama 2019 Session
Senate Bill
In Committee
Current Status
Regular Session 2019
Session
1
Sponsor

Summary

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

S

Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development

Bill Text

Documents

Source: Alabama Legislature