2001 REGULAR SESSION (71st) A SB307 R1 655
Adoption of this amendment will MAINTAIN a 2/3s majority vote requirement for final passage of SB307 R1 (§ 2).
ASSEMBLY ACTION Initial and Date |SENATE ACTION Initial and Date
Adopted Lost | Adopted Lost
Concurred In Not |Concurred In Not
Receded Not | Receded Not
Amend the bill as a whole by deleting sections 1 through 3, renumbering sec. 4 as sec. 2 and adding a new section designated section 1, following the enacting clause, to read as follows:
“Section 1. NRS 645C.170 is hereby amended to read as follows:
645C.170 1. The division shall [administer] :
(a) Administer this chapter and may employ legal counsel, investigators and other professional consultants necessary to the discharge of its duties pursuant to this chapter[.] ; and
(b) Within the limits of available money, employ or contract for the services of professional consultants to investigate complaints, conduct audits and perform any other activities necessary to ensure compliance with Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended.
2. No employee of the division may:
(a) Be employed by or have an interest in any business that prepares appraisals; or
(b) Act as an appraiser, as an agent for an appraiser or as an intern.”.
Amend sec. 4, page 2, by deleting lines 44 and 45 and inserting:
“645C.450 1. The following fees”.
Amend sec. 4, page 3, line 3, by deleting “250” and inserting “[250] 290”.
Amend sec. 4, page 3, line 4, by deleting “350” and inserting “[350] 390”.
Amend sec. 4, page 3, line 5, by deleting “75” and inserting “[75] 115”.
Amend sec. 4, page 3, line 6, by deleting “150” and inserting “[150] 190”.
Amend sec. 4, page 3, by deleting lines 16 through 21 and inserting:
“2. The division shall adopt regulations which establish the fees to be charged and collected by the division for:
(a) The examination for a certificate or license; and
(b) Any additional expenses which are necessary for the”.
Amend the bill as a whole by renumbering sec. 5 as sec. 4 and adding a new section designated sec. 3, following sec. 4, to read as follows:
“Sec. 3. 1. There is hereby appropriated from the state general fund to the real estate division of the department of business and industry to investigate complaints, conduct audits and perform any other activities necessary to ensure compliance with Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended:
For the fiscal year 2001-2002............................................................................................. $22,000
For the fiscal year 2002-2003............................................................................................. $22,000
2. Any balance of the sums appropriated by subsection 1 remaining at the end of the respective fiscal years must not be committed for expenditure after June 30 of the respective fiscal years and reverts to the state general fund as soon as all payments of money committed have been made.”.
Amend the title of the bill to read as follows:
“AN ACT relating to appraisers of real estate; requiring the real estate division of the department of business and industry to hire professional consultants to ensure compliance with Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989; increasing certain fees of the real estate division; making an appropriation; and providing other matters properly relating thereto.”.
Amend the summary of the bill to read as follows: