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MO HB796
Bill
Status
3/6/2013
Primary Sponsor
Gail McCann Beatty
Click for details
AI Summary
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Authorizes the Missouri Real Estate Appraiser's Commission to impose monetary penalties in disciplinary actions against appraisers, effective only after administrative hearing findings or settlement agreement execution.
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Sets maximum penalty of $5,000 per violation with a cumulative cap of $25,000, treating each day of continued violation as a separate violation.
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Requires the board to consider deterrent effect, violation circumstances, severity and public harm risk, economic benefits gained by violator, and public interest when determining penalty amounts.
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Requires penalty payment within 60 days of order filing, with the Attorney General authorized to collect unpaid penalties plus 15% surcharge, 10% annual interest, attorney fees, and costs.
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Establishes that unpaid penalties are grounds for license renewal denial or reinstatement refusal, and allows judicial review of final penalty orders under Missouri Administrative Procedure Act provisions.
Legislative Description
Allows the Missouri Real Estate Appraiser's Commission to impose monetary penalties in disciplinary actions against real estate appraisers
Last Action
Public Hearing Completed (H)
5/1/2013