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Bills · 2021-2022 Regular Session

SB 341

Became law 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, completed
  2. Passes Senate, completed
  3. Passes Assembly, completed
  4. Governor signs, completed
  5. Law, completed

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: Jacque (R)

5 cosponsors

Armstrong (R) , Moses (R) , Murphy (R) , Tittl (R) , Wittke (R)

Votes

Senate: Report passage recommended by Committee on Housing, Commerce and Trade, Ayes 5, Noes 0

Passed 5–0 Aug 12, 2021 official source full page

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

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

Passed 8–0 Feb 22, 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 14, 2021 · Senate

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

  2. May 14, 2021 · Senate

    Read first time and referred to Committee on Housing, Commerce and Trade

  3. Jun 15, 2021 · Senate

    Public hearing held

  4. Aug 12, 2021 · Senate

    Executive action taken

  5. Aug 12, 2021 · Senate

    Report passage recommended by Committee on Housing, Commerce and Trade, Ayes 5, Noes 0

  6. Aug 12, 2021 · Senate

    Available for scheduling

  7. Sep 24, 2021 · Senate

    Placed on calendar 9-28-2021 pursuant to Senate Rule 18(1)

  8. Sep 28, 2021 · Senate

    Read a third time and passed

  9. Sep 28, 2021 · Senate

    Ordered immediately messaged

  10. Sep 28, 2021 · Assembly

    Received from Senate

  11. Sep 28, 2021 · Senate

    Read a second time

  12. Sep 28, 2021 · Senate

    Ordered to a third reading

  13. Sep 28, 2021 · Senate

    Rules suspended

  14. Dec 6, 2021 · Assembly

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

  15. Jan 5, 2022 · Assembly

    Executive action taken

  16. Feb 22, 2022 · Assembly

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

  17. Feb 22, 2022 · Assembly

    Referred to committee on Rules

  18. Feb 22, 2022 · Assembly

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

  19. Feb 23, 2022 · Assembly

    Read a second time

  20. Feb 23, 2022 · Assembly

    Ordered to a third reading

  21. Feb 23, 2022 · Assembly

    Rules suspended

  22. Feb 23, 2022 · Assembly

    Read a third time and concurred in

  23. Feb 23, 2022 · Assembly

    Ordered immediately messaged

  24. Feb 23, 2022 · Senate

    Received from Assembly concurred in

  25. Mar 2, 2022 · Senate

    Report correctly enrolled

  26. Mar 15, 2022 · Senate

    Presented to the Governor on 3-15-2022

  27. Mar 18, 2022 · Senate

    Report approved by the Governor on 3-18-2022. 2021 Wisconsin Act 194

  28. Mar 18, 2022 · Senate

    Published 3-19-2022