Louisiana 2014 2014 Regular Session

Louisiana House Bill HB894 Comm Sub / Analysis

                    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. 894
Abstract: Retains present law and provides an additional requirement that one member of the
Louisiana Real Estate Appraisers Board shall be appointed from a list of names submitted
by the Real Estate Valuation Advocacy Association, or its successor organization. 
Present law provides that members appointed to the Louisiana Real Estate Appraisers Board by
the governor must meet certain requirements.
Proposed law retains present law and provides an additional requirement that 1 member shall be
a current employee or representative of a Louisiana licensed Appraisal Management Company
doing business in Louisiana who has been involved in real estate appraisal management for at
least 5 years. 
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends R.S. 37:3394(B)(1))