HLS 13RS-437 ENGROSSED Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2013 HOUSE BILL NO. 76 BY REPRESENTATIVE HOFFMANN REAL ESTATE/APPRAISERS: Extends the sunset date for real estate appraisal management company licensing application assessments AN ACT1 To amend and reenact R.S. 37:3415.10(D), relative to real estate appraisal management2 companies; to extend the sunset provision for licensing application assessments; and3 to provide for related matters.4 Be it enacted by the Legislature of Louisiana:5 Section 1. R.S. 37:3415.10(D) is hereby amended and reenacted to read as follows:6 ยง3415.10. License application assessment; delinquent renewal7 * * *8 D. The provisions of this Section shall expire on December 31, 20139 December 31, 2015.10 Section 2. This Act shall become effective upon signature by the governor or, if not11 signed by the governor, upon expiration of the time for bills to become law without signature12 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If13 vetoed by the governor and subsequently approved by the legislature, this Act shall become14 effective on the day following such approval.15 HLS 13RS-437 ENGROSSED HB NO. 76 Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] Hoffmann HB No. 76 Abstract: Extends the sunset provision for real estate appraisal management company licensing application assessments to Dec. 31, 2015. Present law authorizes the La. Real Estate Appraisers Board to collect an assessment not in excess of $1,500 when accepting an application for an initial or renewal license. Proposed law retains present law. Present law further authorizes the board to collect the following delinquent renewal assessments if the license renewal is delinquent: (1)If the renewal application is submitted during the period of Jan. 1 to Feb. 15, an amount not in excess of $150. (2)If the renewal application is submitted during the period of Feb. 16 to June 30, an amount not in excess of $300. Proposed law retains present law. Present law requires the initial application assessment to be prorated to the remaining portion of the year ending Dec. 31 if an initial license is issued after Jan. 1 of any year. Proposed law retains present law. Present law provides that the provisions of present law shall expire on Dec. 31, 2013. Proposed law extends present law expiration to Dec. 31, 2015. Effective upon signature of governor or lapse of time for gubernatorial action. (Amends R.S. 37:3415.10(D)) Summary of Amendments Adopted by House Committee Amendments Proposed by House Committee on Commerce to the original bill. 1. Extended the sunset provision from Dec. 31, 2013, to Dec. 31, 2015.