An Act To Repeal the Sunset Date on the Laws Governing Licensure of Appraisal Management Companies

Emergency preamble. Whereas,  acts and resolves of the Legislature do not become effective until 90 days after adjournment unless enacted as emergencies; and

Whereas,  the laws governing the licensure of appraisal management companies are scheduled to be repealed March 15, 2018, before the 90-day period expires; and

Whereas,  in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Sec. 1. 32 MRSA §14049-K,  as enacted by PL 2017, c. 270, §1, is repealed.

Emergency clause. In view of the emergency cited in the preamble, this legislation takes effect when approved.

summary

This bill is reported out by the Joint Standing Committee on Labor, Commerce, Research and Economic Development pursuant to the Maine Revised Statutes, Title 32, section 14049-K, subsection 2.

The bill repeals the March 15, 2018 sunset provision in the laws governing the licensure of appraisal management companies in the Maine Revised Statutes, Title 32, chapter 124-A.