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: Repeals the sunset provision for real estate appraisal management company licensing
application assessments.
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 repeals present law.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Repeals R.S. 37:3415.10(D))