RELATING TO APPRAISAL MANAGEMENT COMPANIES.
Summary
Reestablishes the Appraisal Management Company Registration Program within the Department of Commerce and Consumer Affairs to conform with the minimum standards of the Appraisal Management Companies Final Rule and federal Dodd-Frank Wall Street Reform and Consumer Protection Act. Reestablishes registration requirements, standards, and penalties for violations. Makes appropriations from the Compliance Resolution Fund. Effective / /2050, 7/1/2050, and 9/30/2050. (SD2)
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2024
Committee Review
Mar 2024
Senate Passage
Mar 2024
House Passage
Governor
Introduced Jan 19, 2024
Last action Mar 7, 2024
Floor votes · Senate Mar 5, 2024
How they voted
25–0
Passed
Total votes 25
Mar 5, 2024
D
Democratic23
100% Yea
R
Republican2
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
15
Key actions
5
Committee
7
Mar 7, 2024
Committee
Referred to LGO, CPC, FIN, referral sheet 16
lower
Mar 5, 2024
Introduced
Received from Senate (Sen. Com. No. 188) in amended form (SD 2).
lower
Mar 5, 2024
Upper · Passed
Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
upper
Mar 1, 2024
Upper · Passed
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Shimabukuro.
upper
Feb 28, 2024
Upper · Passed
The committee(s) on WAM will hold a public decision making on 03-01-24 9:55AM; Conference Room 211 & Videoconference.
upper
Feb 14, 2024
Committee
Reported from CPN (Stand. Com. Rep. No. 2397) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Jan 31, 2024
Upper · Passed
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Richards.
upper
Jan 26, 2024
Upper · Passed
The committee(s) on CPN has scheduled a public hearing on 01-31-24 9:50AM; Conference Room 229 & Videoconference.
upper
Jan 24, 2024
Committee
Referred to CPN, WAM.
upper
Jan 19, 2024
Introduced
Introduced.
upper
4 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Angus McKelvey
DDemocratic
P
Carol Fukunaga
DDemocratic
P
Jarrett Keohokalole
DDemocratic
P
Les Ihara
DDemocratic
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