BILL · 2019–20 SESSION
SB 5124: Appraisal mngmt companies
Concerning appraisal management company Title XI compliance and license expiration.
Summary
- Makes appraisal management company (AMC) licenses valid for one year.
- Changes the AMC ownership requirements.
- Modifies application of the state's AMC laws.
From the House Bill Report (SB 5124), written by the Legislature's nonpartisan staff. Read the full report ↗
Enacted Enacted · Chapter 74, Laws of 2019
- IntroducedJan 14, 2019
- Out of committeeJan 18, 2019
- Passed SenateJan 30, 2019
- Passed HouseApr 11, 2019
- GovernorApr 19, 2019
- LawApr 19, 2019
- Introduced
- January 14, 2019 in the Senate
- Last action
- April 19, 2019
- Session law
- Chapter 74, Laws of 2019
- Requested by
- State agency
- Budget
- Has a fiscal note
AN ACT Relating to appraisal management companies;
Votes
Senate · 3rd Reading & Final Passage
Passed January 30, 2019
Version voted on: SB 5124
45 Yea
0 Nay
1 Absent
2 Excused
| Party | Yea | Nay | Absent | Excused |
|---|
| Democrat | 27 | 0 | 0 | 1 |
|---|
| Republican | 18 | 0 | 1 | 1 |
|---|
How each member voted
House · Final Passage
Passed April 11, 2019
Version voted on: SB 5124
97 Yea
0 Nay
0 Absent
1 Excused
| Party | Yea | Nay | Absent | Excused |
|---|
| Democrat | 57 | 0 | 0 | 0 |
|---|
| Republican | 40 | 0 | 0 | 1 |
|---|
How each member voted
History
- Chapter 74, 2019 Laws.
- Governor signed.
- Effective date 7/31/2019*.
- Delivered to Governor.
- Speaker signed.
- President signed.
- Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
- Rules suspended. Placed on Third Reading.
- Rules Committee relieved of further consideration. Placed on second reading.
- Referred to Rules 2 Review.
- CPB - Majority; do pass.
- First reading, referred to Consumer Protection & Business.
- Third reading, passed; yeas, 45; nays, 0; absent, 1; excused, 2.
- Rules suspended. Placed on Third Reading.
- Placed on second reading by Rules Committee.
- Passed to Rules Committee for second reading.
- LBRC - Majority; do pass.
- First reading, referred to Labor & Commerce.
- Prefiled for introduction.
SB 5124 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
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