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Legislative Year: 2021 Change
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Bill Detail: HB21-1293

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Title Banks Modify Threshold Credentialed Appraiser
Status Governor Signed (07/02/2021)
Bill Subjects
  • Financial Services & Commerce
House Sponsors C. Larson (R)
M. Snyder (D)
Senate Sponsors J. Bridges (D)
R. Woodward (R)
House Committee Business Affairs and Labor
Senate Committee Business, Labor and Technology
Date Introduced 04/22/2021
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 bill 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.

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with Amendments
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Fiscal Notes Fiscal Notes (04/30/2021) (most recent)  
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