Senate Bill 2697

AN ACT TO CODIFY AS NEW SECTION 73-34-16, MISSISSIPPI CODE OF 1972, TO PROVIDE THE QUALIFICATIONS FOR A TRAINEE APPRAISER UNDER THE REAL ESTATE APPRAISER LICENSING AND CERTIFICATION ACT; TO AMEND SECTION 73-34-3, MISSISSIPPI CODE OF 1972, TO REVISE CERTAIN DEFINITIONS REGARDING REAL ESTATE APPRAISERS UNDER THE REAL ESTATE APPRAISER LICENSING AND CERTIFICATION ACT; TO AMEND SECTION 73-34-5, MISSISSIPPI CODE OF 1972, TO REQUIRE ANY PERSON ENGAGING IN REAL ESTATE APPRAISAL ACTIVITY TO OBTAIN ONE OF THE THREE REAL ESTATE APPRAISER LICENSES; TO AMEND SECTION 73-34-9, MISSISSIPPI CODE OF 1972, TO REVISE THE POWERS AND DUTIES OF THE MISSISSIPPI REAL ESTATE COMMISSION TO INCLUDE THE APPRAISER QUALIFICATIONS BOARD IN THE PROVISIONS REGARDING DEFINING THE TYPE OF EDUCATIONAL AND APPRAISAL EXPERIENCE THAT MEETS THE NECESSARY REQUIREMENTS; TO REQUIRE THAT THE COMMISSION IMPLEMENT CERTAIN REQUIREMENTS OF THE APPRAISER QUALIFICATIONS BOARD; TO AMEND SECTION 73-34-17, MISSISSIPPI CODE OF 1972, TO REVISE THE QUALIFICATIONS NECESSARY TO BE A LICENSED REAL ESTATE APPRAISER; TO AMEND SECTION 73-34-21, MISSISSIPPI CODE OF 1972, TO REVISE THE PREREQUISITES TO TAKING THE EXAMINATION FOR LICENSING AS A LICENSED CERTIFIED APPRAISER; TO AMEND SECTION 73-34-33, MISSISSIPPI CODE OF 1972, TO REVISE THE PREREQUISITES TO RENEW A REAL ESTATE APPRAISER'S LICENSE TO REQUIRE A TOTAL OF 28 HOURS OF INSTRUCTION AND SEMINAR COURSES; TO AMEND SECTION 73-34-45, MISSISSIPPI CODE OF 1972, TO REQUIRE THE BOARD TO ESTABLISH AND COLLECT A NATIONAL REGISTRY FEE; TO REQUIRE THE BOARD TO COLLECT FROM AN APPRAISAL MANAGEMENT COMPANY CERTAIN INFORMATION AND A FEE TO BE DEPOSITED INTO AN ACCOUNT MAINTAINED FOR THE PURPOSE OF DISBURSING THE NATIONAL REGISTRY FEES; AND FOR RELATED PURPOSES.

In the Senate

• Rita Potts Parks

  Sponsor

l9n doesn't hold this bill's text yet.

In the Senate Jan 21 – Feb 12

1. Jan 21Referred to the Senate committee on Business and Financial Institutions
2. Jan 30Reported from committee in the Senate: title sufficient, do pass
3. Feb 12Passed the Senate

In the House of Representatives Feb 13 – Mar 13

1. Feb 13Sent to the House
2. Feb 19Referred to the House committee on Banking and Financial Services
3. Mar 5Reported from committee in the House: title sufficient, do pass
4. Mar 12Read the third time in the House
5. Mar 13Passed the House

To the Governor Mar 14 – Mar 22

1. Mar 14Returned to the Senate for enrolling
2. Mar 19Enrolled bill signed in the Senate
3. Enrolled bill signed in the House
4. Mar 22Approved by the Governor