SB 71 - Parson, Mike
Eliminates a requirement that banks, savings institutions, and credit unions file a certain notice with the Missouri Real Estate Appraisers Commission and modifies other provisions relating to housing and real estate
Bill Details
Sponsor
LR Number
0661S.01P
Title
SB 71
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2011
Current Status
S Calendar S Bills with H Amendments--SB 71-Parson, with HSA 1 for HA 1, as amended & HA 2
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 71 - Currently, certain banks, savings institutions, and credit unions are required to file a notice with the Missouri Real Estate Appraisers Commission that includes some of the same information and certifications that real estate appraisal management companies must file. This act eliminates the requirement that these banks, savings institutions, and credit unions file this notice.
EMILY KALMER
HSA 1 FOR HA 1 - THIS AMENDMENT MAKES THE EXECUTIVE DIRECTOR OF THE MISSOURI HOUSING DEVELOPMENT COMMISSION, INCLUDING THE CURRENT EXECUTIVE DIRECTOR, SUBJECT TO THE ADVICE AND CONSENT OF THE SENATE. THE EXECUTIVE DIRECTOR WILL SERVE THREE YEAR TERMS AND BE SUBJECT TO THE ADVICE AND CONSENT OF THE SENATE FOR ANY ADDITIONAL TERM. THE EXECUTIVE DIRECTOR SHALL ONLY IMPLEMENT THOSE POLICIES APPROVED BY THE COMMISSION.
HA1 TO HSA 1- THIS AMENDMENT MAKES THE OPERATING BUDGET OF THE MISSOURI HOUSING DEVELOPMENT COMMISSION SUBJECT TO ANNUAL APPROPRIATION.
HA 2 - THIS AMENDMENT REQUIRES THAT IN ST. LOUIS CITY, ST. LOUIS COUNTY, AND JACKSON COUNTY AT LEAST ONE OF THE THREE COMMISSIONERS APPOINTED BY THE COURT IN CONDEMNATION PROCEEDINGS BE EITHER A LICENSED REAL ESTATE BROKER, OR A LICENSED OR CERTIFIED REAL ESTATE APPRAISER.
THIS AMENDMENT IS SIMILAR TO SB 61 (2011), HB 625 (2011), SB 776 (2010) AND HB 1973 (2010).