State of South Dakota

South Dakota Legislature

2009 Session - Bill History

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HB 1028 revise certain provisions regarding the regulation of real est...

        
AN ACT

        ENTITLED, An Act to  revise certain provisions regarding the regulation of real estate appraisers and the conditions upon which a penalty may be imposed on a real estate appraiser.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
     Section 1.  That § 36-21B-7 be amended to read as follows:
     36-21B-7.   The secretary of the Department of Revenue and Regulation may impose a monetary penalty not to exceed one thousand dollars or require additional educational course requirements, or both, of a person licensed pursuant to this chapter upon proof of a violation of the rules relating to appraisers and appraisals as adopted by the department pursuant to chapter 1-26 or a violation of this chapter.
     Section 2.  That § 36-21B-4 be amended to read as follows:
     36-21B-4.   The secretary of the Department of Revenue and Regulation may promulgate rules pursuant to chapter 1-26 to establish fees for the certification, licensing, and registration of real estate appraisers as follows:
             (1)      Application fees not to exceed five hundred dollars;
             (2)      Renewal fees not to exceed five hundred dollars;
             (3)      Examination fee not to exceed three hundred dollars;
             (4)      Late renewal fee not to exceed two hundred dollars;
             (5)      Upgrade fee not to exceed five hundred dollars;
             (6)      Reciprocity fee not to exceed five hundred dollars;
             (7)      National registry fee not to exceed seventy-five dollars;
             (8)      Education course approval fee not to exceed fifty dollars;
             (9)      Temporary permit fee not to exceed five hundred dollars.
     The Department of Revenue and Regulation may recover the costs of photocopying and postage when providing appraiser rosters and the uniform standards of professional practice.
An Act to revise certain provisions regarding the regulation of real estate appraisers and the conditions upon which a penalty may be imposed on a real estate appraiser.

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I certify that the attached Act originated in the

HOUSE as Bill No. 1028

____________________________
Chief Clerk
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____________________________
Speaker of the House

Attest:

____________________________
Chief Clerk

____________________________
President of the Senate

Attest:

____________________________
Secretary of the Senate

House Bill No. 1028
File No. ____
Chapter No. ______  
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Received at this Executive Office this _____ day of _____________ ,

20____ at ____________ M.


By _________________________
for the Governor
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The attached Act is hereby approved this ________ day of ______________ , A.D., 20___

____________________________
Governor
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STATE OF SOUTH DAKOTA,
ss.
Office of the Secretary of State

Filed ____________ , 20___
at _________ o'clock __ M.

____________________________
Secretary of State

By _________________________
Asst. Secretary of State