Did not become law. It stopped in the House of Representatives's Judiciary B Committee on February 3, 2009. The 2009 session has ended.
2009 Regular Session
House Bill 1554
Real Estate Appraisers Licensing and Certification Act; revise to place appraisal management companies under the authority of.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO PLACE APPRAISAL MANAGEMENT COMPANIES UNDER THE AUTHORITY OF THE REAL ESTATE APPRAISERS LICENSING AND CERTIFICATION ACT; TO REQUIRE THOSE COMPANIES TO REGISTER WITH THE BOARD OF REAL ESTATE APPRAISERS BEFORE ENGAGING IN THE BUSINESS OF REAL ESTATE MANAGEMENT; TO PROVIDE FOR THE MINIMUM REGISTRATION REQUIREMENTS; TO REQUIRE EACH COMPANY APPLYING FOR REGISTRATION TO SUBMIT AN IRREVOCABLE UNIFORM CONSENT TO SERVICE OF PROCESS DESIGNATING THE SECRETARY OF STATE AS THE AGENT TO RECEIVE SERVICE OF PROCESS FOR THE COMPANY; TO PRESCRIBE THE REQUIREMENTS OF OWNERS, CONTROLLING PERSONS AND EMPLOYEES OF AN APPRAISAL MANAGEMENT COMPANY; TO PLACE CERTAIN RESTRICTIONS ON THE AUTHORITY OF AN APPRAISAL MANAGEMENT COMPANY TO CONTRACT WITH INDEPENDENT APPRAISERS; TO REQUIRE THOSE COMPANIES TO CERTIFY ANNUALLY TO THE BOARD ITS SYSTEM OF VERIFICATION FOR ADDITIONS TO ITS APPRAISAL PANEL AND REVIEW OF WORK DONE BY INDEPENDENT APPRAISERS; TO REQUIRE DISCLOSURE TO THE BOARD, AS PART OF REGISTRATION, ANY USE OF AN APPRAISAL FEE SCHEDULE; TO MAKE IT UNLAWFUL FOR ANY PERSON TO INFLUENCE THE DEVELOPMENT, REPORTING OR REVIEW OF AN APPRAISAL; TO REQUIRE APPRAISAL MANAGEMENT COMPANIES TO MAKE PAYMENT TO INDEPENDENT APPRAISERS FOR THE COMPLETION OF AN APPRAISAL WITHIN SIXTY DAYS OF RECEIVING THE COMPLETED APPRAISAL; TO PROHIBIT THE REMOVAL OF AN INDEPENDENT APPRAISER FROM THE APPRAISAL PANEL OF A COMPANY WITHIN THE FIRST THIRTY DAYS OF BEING ADDED TO AN APPRAISAL PANEL; TO PROVIDE DUE PROCESS TO INDEPENDENT APPRAISERS REMOVED FROM AN APPRAISAL PANEL FOR MISCONDUCT AND CERTAIN OTHER VIOLATIONS; TO AMEND SECTIONS 73-34-3, 73-34-9, 73-34-13, 73-34-25, 73-34-27, 73-34-29, 73-34-35, 73-34-41, 73-34-43, 73-34-45, 73-34-49 AND 73-34-53, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
January 19 to February 3, 2009, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesJan 19 to Feb 3 · stopped15 days
Judiciary BJan 19 to Feb 3 · stopped15 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the House of Representatives Jan 19 – Feb 3
- Jan 19Referred to the House committees on Judiciary B and on Appropriations
- Feb 3Died in committee in the House
All 2 actions, as published
- Jan 19Referred To Judiciary B;AppropriationsHouse of Representatives
- Feb 3Died In CommitteeHouse of Representatives