summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to the licensing of small appraisal companies. Consumer Protection and Professional Licensure.
AI Summary
This bill makes several corrective changes to Chapter 112 of the General Laws, which relates to the licensing of small appraisal companies and consumer protection. The key provisions include: adding a definition for the "Federal Appraisal Subcommittee" to the existing law; removing language around "appraisal management services" from the licensing requirements; updating references to the "Financial Institutions Examinations Council"; and removing references to "managing principal" from various sections related to appraisal management companies. The bill also requires the board to collect and remit an annual national registry fee to the Federal Appraisal Subcommittee as required by federal rules.
Committee Categories
Labor and Employment
Sponsors (5)
Last Action
Accompanied a study order, see H4880 (on 06/30/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H459 |
| Bill | https://malegislature.gov/Bills/192/H459.pdf |
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