This Fiscal Note is not an official copy and should not be quoted or cited. While this bill alone would not require SOS to acquire additional staff, SOS assumes the cumulative effect of additional Register and Code publishing duties could, at some point, require additional staff. However, Oversight assumes SOS could increase fees to cover any additional costs, per Section 536.033, RSMo. No direct fiscal impact to small businesses would be expected as a result of this proposal.
Current law provides for two classes of certified real estate appraisers.
These are residential real estate appraiser and general real estate appraiser. This act adds state-licensed real estate appraiser to the list. The act contains provisions covering license renewal, failure to renew in a specified time and renewal of an expired license. The act also deletes the thirty hour requirement for continuing education. This requirement will be set by the Appraisal Qualification Board with the approval of the Real Estate Commission.