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HB 1561

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: January 28, 2025.

REAL ESTATE-APPRAISER LICENSES.

Bill ID IL-104-HB-1561
Session 104
Status in_committee
Committee Rules Committee
House of Representatives in_committee 2025-01-28
Business / Commerce
Summary

Amends the Real Estate Appraiser Licensing Act of 2002. Provides that any person or business that, as of January 1, 1995, was practicing as an appraiser in the State of Illinois and had a minimum of 2 years of experience practicing as an appraiser is exempt from the required licensure as a certified general real estate appraiser under the provisions regarding an application for a State certified general real estate appraiser license. Provides that, on and after July 1, 2029, no person or business organization shall be issued a certified general real estate appraiser license using the grandfather clause exemption.

Sponsor
Charles Meier
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-01-28 Introduced Bill introduced
2025-01-28 Status in_committee
2025-01-28 Latest Action 1/28/2025 - House:
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