Banks Modify Threshold Credentialed Appraiser
| Type | Bill |
|---|---|
| Session | 2021 Regular Session |
| Subjects |
Concerning a modification to the threshold below which a bank need not use a credentialed appraiser to appraise property reflected in its balance sheet.
Bill Summary:
Current law requires a bank to use a certified or licensed appraiser when including property in its financial balance sheet unless the property is initially valued at $250,000 or less. The act deletes the dollar-value limit and changes the exemption to a value consistent with federal requirements and established pursuant to rules of the state banking board.
(Note: This summary applies to this bill as enacted.)
Prime Sponsors
Representative
Marc Snyder
Representative
Colin Larson
Senator
Rob Woodward
Senator
Jeff Bridges
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Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 21-1293 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 6-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 21-1293 to the Committee of the Whole. | The motion passed on a vote of 13-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/27/2021 | Third Reading | BILL |
35
AYE
0
NO
0
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/10/2021 | Third Reading | BILL |
57
AYE
6
NO
2
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 07/02/2021 | Governor | Governor Signed |
| 06/09/2021 | Governor | Sent to the Governor |
| 06/08/2021 | House | Signed by the Speaker of the House |
| 06/08/2021 | Senate | Signed by the President of the Senate |
| 05/27/2021 | Senate | Senate Third Reading Passed - No Amendments |
| 05/26/2021 | Senate | Senate Second Reading Passed - No Amendments |
| 05/24/2021 | Senate | Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 05/13/2021 | Senate | Introduced In Senate - Assigned to Business, Labor, & Technology |
| 05/10/2021 | House | House Third Reading Passed - No Amendments |
| 05/07/2021 | House | House Second Reading Special Order - Passed - No Amendments |
| 05/06/2021 | House | House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole |
| 04/22/2021 | House | Introduced In House - Assigned to Business Affairs & Labor |
Prime Sponsor
Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 09/07/2021 | 413 | Banks Modify Threshold Credentialed Appraiser |