SB 579 – Eliminates a requirement that banks, savings institutions, and credit unions file a certain notice with the Missouri Real Estate Appraisers Commission

• Sponsor: Parson
• LR Number: 4468S.01I
• Committee: Financial and Governmental Organizations and Elections
• Last Action: 2/13/2012 - Voted Do Pass S Financial and Governmental Organizations and Elections Committee
• Effective Date: August 28, 2102

Current Bill Summary

SB 579 - Currently, certain banks, savings institutions, and credit unions are required to file a notice with the Missouri Real Estate Appraisers Commission that includes some of the same information and certifications that real estate appraisal management companies must file. This act eliminates the requirement that these banks, savings institutions, and credit unions file this notice.

This act is identical to the perfected version of SB 71 (2011) and similar to HB 1103 (2012) and HCS/SCS/SB 635 (2012).

MIKE HAMMANN