BILL · 2017–18 SESSION

HB 2922: Appraisal management

Concerning appraisal management companies and appraisal fees.

Summary

Requires appraisal management companies to compensate appraisers a reasonable and customary fee.
Adopts the United States Department of Veteran's Affairs' appraisal fee and timeliness schedule as an example of reasonable and customary appraisal fees.
Mandates an increase in appraisal fees for complex appraisals.
Adopts a mandatory compensation schedule for cancelled or changed appraisal requests.
Requires appraisal management companies to pay appraisers no later than 15 days after the appraisal report is completed.

From the House Bill Analysis 2018 (HB 2922), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to appraisal management companies and appraisal fees;

No recorded floor votes. This measure never reached a floor vote.

Jan 24, 2018First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).

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

HB 2922 (2019–20) Pole attachments/PUDs · Did not pass · died in committee
HB 2922 (2015–16) Digital indep. contractors · Did not pass · died in committee
HB 2922 (2009–10) Veterans housing assistance · Did not pass · died in committee
HB 2922 (2007–08) On-site sewage disposal sys · Did not pass · died in committee
HB 2922 (2005–06) Community revitalization · Did not pass · died in committee
HB 2922 (2003–04) Sprinkler fitters · Did not pass · died in committee
HB 2922 (2001–02) Conduct of law officers · Did not pass · died in committee
HB 2922 (1999–00) Rural coronary health center · Did not pass · died in committee