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MD SB583
Bill
Status
1/27/2025
Primary Sponsor
Shaneka Henson
Click for details
AI Summary
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Exempts applicants pursuing the Practical Applications of Real Estate Appraisal (PAREA) Program from the competitive examination requirement for senatorial scholarships
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Expands authorized uses of senatorial scholarships to include expenses for registering and completing the PAREA Program, which meets Real Property Appraiser Qualification Criteria under federal law
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Allows Delegate scholarships to be used at PAREA Programs and for students registered for or planning to complete the program
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The PAREA Program is adopted by the Appraisal Foundation Appraiser Qualifications Board, authorized under the Federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989
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Takes effect July 1, 2025
Legislative Description
Legislative Scholarship Programs - Eligibility and Use - Real Estate Appraisal Program
General Assembly
Last Action
Hearing 3/07 at 9:00 a.m.
3/4/2025