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AL SB149

Bill

Official Source

Status

Introduced

2/9/2016

Primary Sponsor

Greg Albritton

Click for details

Origin

Senate

Regular Session 2016

AI Summary

SB149 Summary

  • Amends Section 34-27A-5, Code of Alabama 1975, to prohibit the Real Estate Appraisers Board from establishing minimum fees for real estate appraisal services.

  • Board retains authority to set and regulate license application fees but cannot dictate the fees that licensed appraisers may charge for their appraisal services.

  • Adds new subsection (14) stating the board shall not establish specific minimum fees for real estate appraisal services by administrative rule or any other manner.

  • Becomes effective on the first day of the third month following passage and approval by the Governor.

Legislative Description

Real Estate Appraisers Board, prohibited from establishing fees that an appraiser can charge, Sec. 34-27A-5 am'd.

Real Estate Appraisers Board

Last Action

Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development

2/9/2016

Committee Referrals

Fiscal Responsibility and Economic Development2/9/2016

Full Bill Text

No bill text available