HB4950 amends the Real Estate Appraiser Licensing Act, Public Contract Fraud Act, and Illinois Highway Code to update licensing requirements.
HB4950 amends the Real Estate Appraiser Licensing Act of 2002 to revise licensing requirements, disciplinary actions, and exemptions. It updates the Public Contract Fraud Act to require signatures on certain contracts. The bill also amends the Illinois Highway Code to specify conditions for acquiring property for highway purposes. The changes include updating definitions, modifying disciplinary procedures, and clarifying exemptions for certain property acquisitions.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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