Kentucky House Bill 364 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 3 2020 - 25% progression, died in committee
Action: 2020-02-05 - to Licensing, Occupations, & Admin Regs (H)
Pending: House Licensing, Occupations & Administrative Regulations Committee
Text: Latest bill text (Introduced) [PDF]

Amend KRS 324A.010 to redefine "federally related transaction"; amend KRS 324A.015 to require the board to employ state certified general appraisers with at least five years of experience to conduct grievance investigations; amend KRS 324A.035 to prevent newer appraisers from becoming appraisers of nonfederally related transactions; amend KRS 324A.047 and 324A.050 to clarify standards; amend KRS 324A.052 to establish complaint time limits; amend KRS 324A.065 to set and reduce fees; amend KRS 324A.150 to redefine "appraiser panel"; amend KRS 324A.152 to require an appraisal management company to certify that it is not partly or fully owned by an appraiser whose license has been disciplined; amend KRS 324A.154 to allow the appraiser board to promulgate administrative regulations only with the approval of the executive director of the Kentucky Real Estate Authority; amend KRS 324A.164 to exclude a federally defined "federally regulated appraisal management company" from the appraisal management company statutes.

AN ACT relating to the Kentucky Real Estate Appraisers Board.

Rep. Deanna Frazier Gordon [R]

Rep. Derek Lewis [R]

Date	Chamber	Action
2020-02-05	House	to Licensing, Occupations, & Admin Regs (H)
2020-02-03	House	introduced in House

Type	Source
Summary	https://apps.legislature.ky.gov/record/20RS/hb364.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/20RS/hb364/orig_bill.pdf