SLS 14RS-418 ORIGINAL
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2014
SENATE BILL NO. 263
BY SENATOR MARTINY
APPRAISERS. Provides relative to the Louisiana Real Estate Appraisers Board. (gov sig)
AN ACT1
To repeal R.S. 37:3415.21(B), relative to the Louisiana Real Estate Appraisers Board; to2
provide relative to the rulemaking authority of the board; to repeal certain provisions3
relative to legislative review of administrative rules adopted by board; and to provide4
for related matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 37:3415.21(B) is hereby repealed. 7
Section 2. This Act shall become effective upon signature by the governor or, if not8
signed by the governor, upon expiration of the time for bills to become law without signature9
by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If10
vetoed by the governor and subsequently approved by the legislature, this Act shall become11
effective on the day following such approval.12
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Michelle Ducharme.
DIGEST
Martiny (SB 263)
Present law authorizes the La. Real Estate Appraisers Board (board) to adopt any rules and
regulations in accordance with the Administrative Procedure Act that are necessary to SB NO. 263
SLS 14RS-418 ORIGINAL
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
enforce the Appraisal Management Company Licensing and Regulation Act.
Proposed law retains this authority.
Present law requires that any rules and regulations adopted by the board receive affirmative
approval by the following oversight committees:
(1)House of Representatives Committee on Commerce.
(2)Senate Committee on Commerce, Consumer Protection and International Affairs.
Present law provides that if the board submits its proposed rules for affirmative approval and
the legislature is not in session, the proposed rules shall be deemed affirmatively approved
if 45 days have elapsed from the date the proposed rules are received by the oversight
committees and no hearing is held by either committee.
Proposed law repeals the above provisions of present law that require the oversight
committees to affirmatively approve administrative rules and regulations proposed by the
board.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Repeals R.S. 37:3415.21(B))