Revise licensing laws

The header was updated to reflect the final 'Enrolled Bill' status and corrected the bill number format from 'HB0872.2' to 'HB 872'.

Capitalized the words 'SECTION' and 'IS' in the amendment instruction to improve emphasis.

The primary statute amended changed from Section 37-54-201 (Real estate appraiser license) to Section 37-54-102 (Definitions), which now includes new definitions for 'Appraisal management company', 'Appraisal management services', and 'Controlling person'.

New definitions were added to clarify that 'Appraisal management services' include functions like recruiting appraisers, managing panels, and performing quality control, while 'Appraisal management company' is defined by its oversight of a network of more than 15 state or 25 national appraisers.

An appropriation of $1,000 from the general fund was added to the Department of Labor and Industry to implement the new regulatory changes.

The bill now includes specific requirements for appraiser panels, detailing how they must be administered, recruited, and managed by third parties.

The bill header and page footers were updated to replace the committee bill number (LC 2436) with the official House bill number (HB 872.1), indicating a procedural status change rather than a policy shift.