Loading chat...

MD HB609

Bill

Status

Engrossed

3/6/2025

Primary Sponsor

Kym Taylor

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Exempts applicants planning to complete the Practical Applications of Real Estate Appraisal (PAREA) program from the competitive examination requirement for senatorial scholarships

  • Authorizes senatorial scholarships to be used for expenses to register for and complete the PAREA program, in addition to traditional higher education institutions

  • Expands Delegate scholarship eligibility to include students registered for or planning to complete the PAREA program's Real Property Appraiser Qualification Criteria

  • PAREA is the federally-authorized training program adopted by the Appraisal Foundation Appraiser Qualifications Board under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989

  • Takes effect July 1, 2025

Legislative Description

Legislative Scholarship Programs - Eligibility and Use - Real Estate Appraisal Program

General Assembly

Last Action

Referred Education, Energy, and the Environment

3/7/2025

Committee Referrals

Education, Energy, and the Environment3/7/2025
Appropriations1/23/2025

Full Bill Text

No bill text available