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Bills · 2021-2022 Regular Session

AB 340

Died at session end Official bill text Atom feed

Relating to: limitations of actions regarding real estate appraisal services.

Limitation of action Real property — Agent or appraiser

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill limits the time a person has to start a lawsuit for damages against a

licensed or certified real estate appraiser to five years from the date the real estate

appraiser submits the appraisal report to the client for whom real estate appraisal

services are performed, unless a shorter limitations period applies. The limitation

period created in the bill does not apply to a real estate appraiser who commits fraud

or concealment in the performance of real estate appraisal services.

Currently, there is no statute of limitations specifically addressed to real estate

appraisal services.

Sponsors

Introduced by: Armstrong (R) , Moses (R) , Murphy (R) , Tittl (R) , Wittke (R)

1 cosponsors

Jacque (R)

Votes

Assembly: Report passage recommended by Committee on Housing and Real Estate, Ayes 8, Noes 0

Passed 8–0 Feb 1, 2022 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. May 21, 2021 · Assembly

    Introduced by Representatives Tittl, Armstrong, Moses, Murphy and Wittke; cosponsored by Senator Jacque

  2. May 21, 2021 · Assembly

    Read first time and referred to Committee on Housing and Real Estate

  3. Sep 7, 2021 · Assembly

    Public hearing held

  4. Jan 5, 2022 · Assembly

    Executive action taken

  5. Feb 1, 2022 · Assembly

    Report passage recommended by Committee on Housing and Real Estate, Ayes 8, Noes 0

  6. Feb 1, 2022 · Assembly

    Referred to committee on Rules

  7. Feb 22, 2022 · Assembly

    Made a special order of business at 8:10 AM on 2-23-2022 pursuant to Assembly Resolution 29

  8. Feb 23, 2022 · Assembly

    Laid on the table

  9. Mar 15, 2022 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1