Montana legislation · 2025 Regular Session
Montana HB872: Revise licensing laws
Status: Signed into law, May 19, 2025
What the bill says
An act generally revising licensing laws; clarifying who is permitted to provide an opinion or estimate of market value as to real property transactions; providing definitions; providing an appropriation; amending sections 37-54-102 and 37-54-201, mca; and providing an effective date.
From the engrossed text:
AN ACT GENERALLY REVISING LICENSING LAWS; CLARIFYING WHO IS PERMITTED TO PROVIDE AN OPINION OR ESTIMATE OF MARKET VALUE AS TO REAL PROPERTY TRANSACTIONS; PROVIDING DEFINITIONS; PROVIDING AN APPROPRIATION; AMENDING SECTIONS 37-54-102 AND 37-54-201, MCA; AND PROVIDING AN EFFECTIVE DATE. Section 1. Section 37-54-102, MCA, is amended to read: "37-54-102. Definitions. Terms commonly used in appraisal practice and as used in this chapter must be defined according to the uniform standards of professional appraisal practice, as issued by the appraisal foundation. As used in this chapter, unless the context requires otherwise, the following definitions apply: (1) "Appraisal" means the practice of developing an opinion of the value of real property in conformance with the uniform standards of professional appraisal practice as developed by the appraisal foundation. (2) "Appraisal foundation" means the appraisal foundation incorporated as a not-for-profit corporation on November 30, 1987, pursuant to Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, 12 U.S.C. 3310, et seq. The purposes of the appraisal foundation are to: (a) establish and improve uniform appraisal standards by defining, issuing, and promoting those standards; (b) establish appropriate criteria for the licensure and certification of qualified appraisers by defining, issuing, and promoting qualification criteria and disseminate the qualification criteria to states and other governmental entities; and (c) develop or assist in …
Sponsors
- Fitzpatrick, Steve (R, 24) · primary sponsor
- Gillespie, Bruce "Butch" (R, 9)
Latest actions
- : Chapter Number Assigned
- : (H) Signed by Governor
- : (H) Transmitted to Governor
- : (S) Signed by President
- : (H) Signed by Speaker
- : (H) Returned from Enrolling
- : (H) Sent to Enrolling
- : (S) Returned to House
- : (S) 3rd Reading
- : (S) Scheduled for 3rd Reading
Votes
- Do Concur (April 18, 2025): 49 yea, 1 nay, passed
- Do Concur (April 17, 2025): 46 yea, 1 nay, passed
- Do Pass (April 8, 2025): 95 yea, 2 nay, passed
- Do Pass (April 7, 2025): 100 yea, 0 nay, passed
Subjects: Appropriations, Economic Development, Professions and Occupations Generally
Common questions
- What is HB872?
- HB872 is a bill in the Montana Legislature (2025 Regular Session): Revise licensing laws.
- What does HB872 do?
- In its own words: An act generally revising licensing laws; clarifying who is permitted to provide an opinion or estimate of market value as to real property transactions; providing definitions; providing an appropriation; amending sections 37-54-102 and 37-54-201, mca; and providing an effective date.
- What is the status of HB872?
- Signed into law as of May 19, 2025. Latest action: Chapter Number Assigned (May 19, 2025).
- Who sponsored HB872?
- Fitzpatrick, Steve (R, 24), with 1 co-sponsor.
- Where is the official record for HB872?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC2436
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.