Bill Text: VA SB507 | 2012 | Regular Session | Comm Sub

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Real Estate Appraiser Board; shall develop continuing education curriculum for licensees, report.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2012-03-23 - Governor: Acts of Assembly Chapter text (CHAP0388) [SB507 Detail]

Download: Virginia-2012-SB507-Comm_Sub.html

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12104859D
SENATE BILL NO. 507 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the Senate Committee on General Laws and Technology on January 30, 2012) (Patron Prior to Substitute--Senator Wagner) A BILL to direct the Real Estate Appraiser Board to develop continuing education curriculum for licensees; report.

Be it enacted by the General Assembly of Virginia:

1.  §1. That the Real Estate Appraiser Board shall evaluate the development of a continuing education curriculum for licensees that includes the effects of the use of energy efficiency and renewable energy equipment on the determination of the fair market value in the appraisal of non-income-producing residential real estate.

§2. On or before November 1, 2012, the Real Estate Appraiser Board shall report its findings to the (i) Chairmen of the House Committee on General Laws and the Senate Committee on General Laws and Technology and (ii) Housing Commission.