02RS SB236


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SB 236 (BR 1137) - R. Stivers

     AN ACT relating to real estate appraisers.
     Amend KRS 324A.030 to make it unlawful for any person to engage in real estate appraisal activity in this state unless certified or licensed by the Kentucky Real Estate Appraisers Board; and exempt real estate brokers and salespersons who prepare opinions regarding the price of a piece of real estate, provided the opinion is not designated as an appraisal and no fee is charged for the opinion over and above the real estate commission or brokerage fee; exempt officers, directors, and salaried employees of financial institutions and their affiliates who prepare opinions for internal use only.


     SCS - Retain original provisions and exempt state employees who prepare an appraisal for the Commonwealth from the licensure requirement.

     SFA (1, R. Stivers) - Exempt appraiser appointed by a court as part of a condemnation proceeding from licensing requirements established herein.

     Feb 22-introduced in Senate
     Feb 27-to Licensing and Occupations (S)
     Mar 12-reported favorably, 1st reading, to Calendar with Committee Substitute
     Mar 13-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, March 14, 2002
     Mar 14-passed over and retained in the Orders of the Day; floor amendment (1) filed to Committee Substitute
     Mar 15-3rd reading, passed 30-2 with Committee Substitute, floor amendment (1)
     Mar 18-received in House
     Mar 19-to Licensing and Occupations (H)

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