BILL · 2011–12 SESSION

HB 2566: Appraisal mgmt co. bond

Increasing the penal sum of a surety bond required to be maintained by an appraisal management company.

Summary

  • Increases the amount of the surety bond that an appraisal management company must maintain from $25,000 to $100,000.

From the House Bill Report (HB 2566), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 17, 2012
  2. Out of committeeJan 26, 2012
  3. Passed HouseFeb 9, 2012
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Derek Stanford (D-1)
Introduced
January 17, 2012 in the House
Last action
April 11, 2012
Companion bill
SB 6306

AN ACT Relating to maintenance of a surety bond for appraisal management companies;

Sponsors

Prime sponsor: Derek Stanford (D-1)

3 co-sponsors (3 Democrats, 0 Republicans)

Votes

House · Final Passage

Passed February 9, 2012
Version voted on: HB 2566
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat56000
Republican41001
How each member voted

Yea (97)

Excused (1)

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Rules.
  4. By resolution, returned to House Rules Committee for third reading.
  5. Placed on second reading by Rules Committee.
  6. Minority; do not pass.
  7. LCCP - Majority; do pass.
  8. Passed to Rules Committee for second reading.
  9. First reading, referred to Labor, Commerce & Consumer Protection.
  10. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  11. Rules suspended. Placed on Third Reading.
  12. Placed on second reading by Rules Committee.
  13. Referred to Rules 2 Review.
  14. BFS - Executive action taken by committee.
  15. BFS - Majority; do pass.
  16. First reading, referred to Business & Financial Services.

HB 2566 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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