Loading chat...

MD SB583

Bill

Status

Introduced

1/27/2025

Primary Sponsor

Shaneka Henson

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Exempts applicants pursuing the Practical Applications of Real Estate Appraisal (PAREA) Program from the competitive examination requirement for senatorial scholarships

  • 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

  • Allows Delegate scholarships to be used at PAREA Programs and for students registered for or planning to complete the program

  • 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

  • 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

Committee Referrals

Education, Energy, and the Environment1/27/2025

Full Bill Text

No bill text available