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BILL · 2017–18 SESSION · LATEST VERSION SSB 6457

SB 6457: Real estate appraisals

Concerning real estate appraisals and appraisers.

Summary

  • Limits actions against a real estate appraiser to one year from the date of discovery and no later than three years after the report date, and only by the client or other intended user of the report.
  • Changes the process from cancelling a license for failing to pay the license fees within one year after expiration, to placing the license on inactive status for failing to renew within one year after expiration.
  • Authorizes a person on inactive status to apply for reinstatement by paying a fee and meeting other requirements.
  • Allows a person applying for reinstatement for certain appraiser positions to apply to work as a trainee.
  • Requires the Department of Licensing (DOL) to cancel a license if not renewed or reinstated within five years of expiring.

From the Senate Bill Report (Orig.) (SB 6457), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 18, 2018
  2. Out of committeeFeb 2, 2018
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Steve Conway (D-29)
Introduced
January 18, 2018 in the Senate
Last action
February 22, 2018
Companion bill
HB 2629
Budget
Has a fiscal note
Versions
SB 6457, SSB 6457

AN ACT Relating to real estate appraisals and appraisers;

Sponsors

Prime sponsor: Steve Conway (D-29)

Votes

No recorded floor votes.

History

  1. Senate Rules "X" file. (SSB 6457)
  2. Senate Rules "X" file.
  3. Placed on second reading by Rules Committee. (SSB 6457)
  4. Placed on second reading by Rules Committee.
  5. Passed to Rules Committee for second reading. (SSB 6457)
  6. Passed to Rules Committee for second reading.
  7. LBRC - Majority; 1st substitute bill be substituted, do pass. (SSB 6457)
  8. Minority; without recommendation. (SSB 6457)
  9. Minority; without recommendation.
  10. LBRC - Majority; 1st substitute bill be substituted, do pass.
  11. First reading, referred to Labor & Commerce.

SB 6457 in other sessions

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

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