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: Makes changes to the Louisiana Real Estate Appraisers Board membership.
Present law provides that there shall be nine members appointed to the Louisiana Real Estate
Appraisers Board (board) with one member appointed from each congressional district and the
remainder appointed at large.
Proposed law removes the reference to the number of members appointed to the board and
provides that four members shall be appointed at large.
Present law provides that one member shall be appointed from a list of three names submitted by
the Louisiana Bankers Association each of whom shall have been involved in real estate lending
for at least five years.
Proposed law provides that two members, rather than one member, shall be appointed from a list
of five names, rather than three names, submitted by the Louisiana Bankers Association each of
whom shall have been involved in real estate lending for at least five years.
Present law provides that one member shall be appointed from a list of three names submitted by
the Community Bankers of Louisiana, each of whom shall have been involved in real estate
lending for at least five years.
Proposed law removes present law.
Proposed law adds a member to the board and provides that the additional member shall have
been engaged in the business of appraisal management for at least four years and shall be an
employee or representative of a Louisiana licensed appraisal management company. This
additional member shall also be a citizen and qualified electorate of Louisiana and licensed as a
Louisiana certified real estate appraiser immediately preceding the appointment to the board.
Present law provides that the remainder of the board members shall have been Louisiana
residents engaged in the general practice of real estate appraising in Louisiana for not less than
five years immediately preceding their appointment.
Proposed law removes present law and provides that the remainder of the board members shall
have been domiciled in Louisiana, rather than residents of Louisiana, and licensed as certified
real estate appraisers, rather than engaged in the general practice of real estate appraising in Louisiana, for not less than five years immediately preceding the appointment.
Present law provides that at least four of the nine members shall be general appraisers and at least
two of the nine member shall be residential appraisers.
Proposed law retains present law requirements and removes reference to the total number of
members on the board.
Present law provides that five members of the board shall constitute a quorum for all business.
Proposed law provides that six members of the board shall constitute a quorum for all business.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends R.S. 37:3394(B) and (H))
Summary of Amendments Adopted by House
Committee Amendments Proposed by House Committee on Commerce to the original bill.
1. Removed reference to total number of members on the Louisiana Real Estate
Appraisers Board (board).
2. Provided that two members, rather than one member, shall be appointed to the board
from a list of five names, rather than three names, submitted by the Louisiana Bankers
Association each of whom shall have been involved in real estate lending for at least
five years.
3. Removed the one member appointed from a list of three names submitted by the
Community Bankers of Louisiana.
4. Added a member to the board and provided that the additional member shall have
been engaged in the business of appraisal management for at least three years, shall be
an employee or representative of a Louisiana licensed appraisal management
company.
5. Provided that the additional member shall also have been a citizen and qualified
elector of Louisiana certified real estate appraiser immediately preceding the
appointment to the board.
6. Provided that the remainder of the board members shall have been domiciled in
Louisiana, rather than residents of Louisiana, and licensed as certified real estate
appraisers, rather than engaged in the general practice of real estate appraising in
Louisiana, for not less than five years immediately preceding the appointment. 7. Provided that six members rather than five members shall constitute a quorum for all
business.
House Floor Amendments to the engrossed bill.
1. Changed requirement for length of experience in the business of appraisal
management qualifying a person appointed by the governor for membership on the
Louisiana Real Estate Appraisers Board from three years to four years.