Sen. Bill Cunningham

Filed: 3/31/2026

 

 


 

 


 
10400SB3235sam001LRB104 18759 CCC 35991 a

1
AMENDMENT TO SENATE BILL 3235

2    AMENDMENT NO. ______. Amend Senate Bill 3235 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Real Estate Appraiser Licensing Act of
52002 is amended by adding Section 10-25 as follows:
 
6    (225 ILCS 458/10-25 new)
7    Sec. 10-25. Data collection in real estate appraisals.
8    (a) In this Section, "data collection" means inspecting
9and collecting data and pictures of a specific tract of real
10estate for an appraisal management company or mortgage lender,
11with the intent that the data and information will be provided
12to an appraiser as the sole basis for preparing an appraisal to
13support a mortgage on the real estate.
14    (b) A person must be licensed as an appraiser under this
15Act to be hired by an appraisal management company, mortgage
16lender, or any third party for the sole purpose of data

 

 

10400SB3235sam001- 2 -LRB104 18759 CCC 35991 a

1collection.
2    (c) Nothing in this Section prohibits an individual
3licensed as a home inspector under the Home Inspector License
4Act or an individual licensed as a broker or managing broker
5under the Real Estate License Act of 2000 from engaging in
6activities within the scope of the individual's license.
 
7    Section 99. Effective date. This Act takes effect upon
8becoming law.".