Florida Senate - 2015                        COMMITTEE AMENDMENT
       Bill No. SB 608
       
       
       
       
       
       
                                Ì435336-Î435336                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/05/2015           .                                
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       The Committee on Regulated Industries (Stargel) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 67 and 68
    4  insert:
    5         Section 4. Paragraph (r) of subsection (1) of section
    6  475.611, Florida Statutes, is amended to read:
    7         475.611 Definitions.—
    8         (1) As used in this part, the term:
    9         (r) “Registered trainee appraiser” means a person who is
   10  registered with the department as qualified to perform appraisal
   11  services only under the direct supervision of a licensed or
   12  certified appraiser. A registered trainee appraiser may accept
   13  appraisal assignments only from her or his primary or secondary
   14  supervisory appraiser.
   15         Section 5. Subsection (5) of section 475.612, Florida
   16  Statutes, is amended to read:
   17         475.612 Certification, licensure, or registration
   18  required.—
   19         (5) This section does not apply to any full-time graduate
   20  student who is enrolled in a degree program in appraising at a
   21  college or university in this state, if the student is acting
   22  under the direct supervision of a certified or licensed
   23  appraiser and is engaged only in appraisal activities related to
   24  the approved degree program. Any appraisal report by the student
   25  must be issued in the name of the supervising individual who is
   26  responsible for the report’s content.
   27         Section 6. Subsection (2) of section 475.621, Florida
   28  Statutes, is amended to read:
   29         475.621 Registry of licensed and certified appraisers.—
   30         (2) The department shall collect from such individuals who
   31  perform or seek to perform appraisals in federally related
   32  transactions, an annual fee as set by and transmitted to, the
   33  appraisal subcommittee to be transmitted to the Federal
   34  Financial Institutions Examinations Council on an annual basis.
   35  
   36  ================= T I T L E  A M E N D M E N T ================
   37  And the title is amended as follows:
   38         Delete line 10
   39  and insert:
   40         license of an individual in certain circumstances;
   41         amending s. 475.611, F.S.; revising the supervision
   42         requirements for registered trainee appraisers;
   43         amending s. 475.612, F.S.; revising the supervision
   44         requirements for select graduate students; amending s.
   45         475.621, F.S.; providing that the department shall
   46         collect annual fees set by and transmitted to the
   47         appraisal subcommittee;