LCO No. 5122 1 of 2
General Assembly Raised Bill No. 7286
January Session, 2019
LCO No. 5122
Referred to Committee on GENERAL LAW
Introduced by:
(GL)
AN ACT CONCERNING HO ME INSPECTORS AND APPRAISERS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. (NEW) (Effective October 1, 2019) A home inspector 1
licensed pursuant to chapter 400f of the general statutes who is 2
certified to inspect building foundations for the presence of pyrrhotite 3
by a certification agency approved by the Commissioner of Consumer 4
Protection may inspect such building foundations under the scope of 5
his or her license. 6
Sec. 2. (NEW) (Effective October 1, 2019) The Commissioner of 7
Consumer Protection shall, in accordance with the provisions of 8
chapter 54 of the general statutes, amend section 20-529e-12 of the 9
regulations of Connecticut State Agencies to require that an appraisal 10
management company compensate appraisers pursuant to the federal 11
Truth in Lending Act, 15 USC section 1601, et. seq. 12
This act shall take effect as follows and shall amend the following
sections:
Raised Bill No. 7286
LCO No. 5122 2 of 2
Section 1 October 1, 2019 New section
Sec. 2 October 1, 2019 New section
Statement of Purpose:
To allow certified home inspectors to inspect certain building
foundations and to require appraisal management companies to
compensate appraisers fairly.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline,
except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is
not underlined.]