Printer FriendlyHB 1028 revise certain provisions regarding the regulation of real est...
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
____________________________
Chief Clerk
____________________________
President of the Senate
____________________________
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
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