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Legislation watch
2020 House Bill 5481: Revise appraiser management service rules
Public Act 250 of 2020
Introduced by Rep. Diana Farrington R-Sterling Heights on February 11, 2020
To revise a law that establishes standards for professional appraisal management services that administer a network of independent contract appraisers. The bill would add additional services to the services to the list that triggers a state licensure mandate on this profession. Official Text and Analysis.
Referred to the House Financial Services Committee on February 11, 2020
Reported in the House on March 4, 2020
Refer to the Committee on Ways and Means with the recommendation that the substitute (H-1) be adopted.
Referred to the House Ways and Means Committee on March 4, 2020
Reported in the House on May 19, 2020
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Received in the Senate on June 4, 2020
Referred to the Senate Regulatory Reform Committee on June 4, 2020
Reported in the Senate on August 6, 2020
With the recommendation that the bill pass.
Signed by Gov. Gretchen Whitmer on December 22, 2020