KY HB288 | 2011 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Enrolled on March 4 2011 - 75% progression, died in chamber
Action: 2011-03-16 - signed by Governor
Text: Latest bill text (Draft #3) [MS Word]
Status: Enrolled on March 4 2011 - 75% progression, died in chamber
Action: 2011-03-16 - signed by Governor
Text: Latest bill text (Draft #3) [MS Word]
Summary
Create new sections of KRS Chapter 324A to define terms related to real estate appraisal management companies; require registration of real estate appraisal management companies with the board and provide qualifications and limitations on registration; require board to establish a reasonable filing fee in administrative regulation; specify the inclusion of the annual national registry fee required under federal law and maintained by the Appraisal Subcommittee of the Federal Financial Institutions Examination Council; require surety bond not to exceed $500,000; require registrants and persons owning 10% or more of the registrant to submit to a national criminal history check through the Federal Bureau of Investigation; provide requirements for registered companies and their employees, directors, officers, and agents; require executive director of the board to maintain a register of all applicants; grant board the authority to penalize registrants for specified offenses; exempt specified parties from provisions of the Act; specify that the Act shall be known as the Kentucky Appraisal Management Company Registration Act.
Title
AN ACT relating to real estate appraisal management companies.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2011-03-16 | signed by Governor | |
2011-03-04 | delivered to Governor | |
2011-03-04 | enrolled, signed by each presiding officer | |
2011-03-04 | passed 93-0 | |
2011-03-04 | House concurred in Senate Committee Substitute (2) | |
2011-03-04 | posted for passage for concurrence in Senate Committee Substitute (2) | |
2011-03-04 | received in House | |
2011-03-04 | passed 37-0 with Committee Substitute (2) | |
2011-03-04 | Committee Substitute (1) withdrawn | |
2011-03-04 | 3rd reading | |
2011-03-03 | posted for passage in the Consent Orders of the Day for Friday, March 4, 2011 | |
2011-03-03 | reported favorably, to Rules with Committee Substitute (2) | |
2011-03-03 | returned to Licensing, Occupations, & Administrative Regulations (S) | |
2011-03-03 | taken from Rules (S) | |
2011-03-01 | reported favorably, to Rules with Committee Substitute as a Consent Bill | |
2011-02-28 | returned to Licensing, Occupations, & Administrative Regulations (S) | |
2011-02-28 | 2nd reading | |
2011-02-28 | taken from Licensing, Occupations, & Administrative Regulations (S) | |
2011-02-25 | returned to Licensing, Occupations, & Administrative Regulations (S) | |
2011-02-25 | 1st reading | |
2011-02-25 | taken from Licensing, Occupations, & Administrative Regulations (S) | |
2011-02-15 | to Licensing, Occupations, & Administrative Regulations (S) | |
2011-02-11 | received in Senate | |
2011-02-11 | 3rd reading, passed 95-0 | |
2011-02-10 | posted for passage in the Consent Orders of the Day for Friday, February 11, 2011 | |
2011-02-10 | 2nd reading, to Rules | |
2011-02-09 | reported favorably, 1st reading, to Consent Calendar | |
2011-02-04 | posted in committee | |
2011-02-03 | to Licensing & Occupations (H) | |
2011-02-02 | introduced in House |
Kentucky State Sources
Type | Source |
---|---|
Summary | http://www.lrc.ky.gov/record/11RS/HB288.htm |
Text | http://www.lrc.ky.gov/record/11RS/HB288/bill.doc |