Louisiana 2019 2019 Regular Session

Louisiana Senate Bill SB191 Comm Sub / Analysis

                    RDCSB191 3645 2213
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)]
SB 191 Reengrossed 2019 Regular Session	Chabert
Proposed law provides that no action for damages against any real estate appraiser, appraisal
management company, or real estate appraisal company, arising out of an engagement to
perform real estate appraisal services, shall be brought unless filed within one year from the
date of the act, omission, or neglect, or within one year from the date that the alleged act,
omission, or neglect is discovered or should have been discovered, but in all events such
actions shall be filed at the latest within three years from the date of the act, omission, or
neglect.
Provides that proposed law is remedial and applies to all causes of action without regard to
the date when the alleged act, omission, or neglect occurred.
Proposed law provides that the one-year period of limitation is prescriptive within the
meaning of Civil Code Art. 3447.  Further provides that the three-year period of limitation
is a peremptive period within the meaning of Civil Code Art. 3458 and, in accordance with
Civil Code Art. 3461, may not be renounced, interrupted, or suspended.
Provides that the prescriptive and peremptive periods in all actions shall be subject to the
provisions of proposed law.
Proposed law shall not apply in cases of fraud, shall not apply to any proceedings initiated
by the La. Real Estate Appraisers Board, and shall not apply to any action filed prior to the
effective date of proposed law.
Effective January 1, 2020.
(Adds R.S. 9:5610)
Summary of Amendments Adopted by Senate
Senate Floor Amendments to engrossed bill
1. Provides that the one-year limitation period for a cause of action is
prescriptive in accordance with Civ. Code Art. 3447.
2. Provides that the three-year limitation period for a cause of action is
peremptive in accordance with Civ. Code Art. 3458 and may not be
renounced, interrupted, or suspended in accordance with Civ. Code Art.
3461.
3. Removes language requiring the scope of the duty to clients and nonclients
be determined exclusively by applicable Louisiana rule of law regardless of
the domicile of the parties involved.
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Civil Law and
Procedure to the reengrossed bill:
1. Provide that proposed law shall not affect any action filed prior to the effective
date of proposed law.
2. Make proposed law effective Jan. 1, 2020.
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