SB 327 -- REAL ESTATE APPRAISERS

CO-SPONSORS:  Gross, Mathewson (Sutherland)

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Professional Registration and Licensing by a vote of 16 to 0.

This bill authorizes the Missouri Real Estate Commission to
establish rules which may require that some or all of the real
estate appraising experience an applicant needs for licensure be
obtained in this state.

The bill also requires that records of licensees requested by the
commission be provided at no cost to the commission.

The bill further requires real estate appraisers to retain all
records used in litigation for a period of at least two years
after final disposition.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that there have been problems with
applicants from border states getting licenses in Missouri and
not seeking licensure in their home state.  This will require
applicants to get some experience in Missouri.

Testifying for the bill were Senator Dolan; Missouri Real Estate
Appraisers Commission; and the Missouri Appraisers Advisory
Council.

OPPONENTS:  There was no opposition voiced to the committee.

Bob Dominique, Legislative Analyst

Missouri House of Representatives
Last Updated July 25, 2003 at 10:13 am