LB139

Change provisions relating to the Real Property Appraiser Act and the Nebraska Appraisal Management Company Registration Act

Complete·3/12/25

Nebraska LB139 amends the Real Property Appraiser Act and the Nebraska Appraisal Management Company Registration Act.

Nebraska LB139 modifies the Real Property Appraiser Act and the Nebraska Appraisal Management Company Registration Act. It changes disciplinary actions against credential holders and restrictions on ownership of appraisal management companies. The act allows the board to impose fines, civil penalties, and sanctions on appraisal management companies for violations. It also mandates fingerprint submissions for registration applications and renewals. The act repeals original sections 76-2239, 76-3207, and 76-3216.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

N
1
0
Democratic CaucusRepublican Caucus

Roll Call Votes

48 Yea

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0 Nay

1 Absent

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Calendar

Jan 27, 2025

1:30 PM

Hearing

Jan 27, 2025

1:30 PM

Banking, Commerce and Insurance Hearing

History

Mar 12, 2025

Legislature

Approved by Governor on March 11, 2025

Mar 6, 2025

Legislature

Dispensing of reading at large approved

Mar 6, 2025

Legislature

Passed on Final Reading 48-0-1