SB720

the statute. No, it's in the statute. It is now in Senate Bill 720, and that's where

coming after that person. Under SB 720, you have that prerogative to use that individual without the board pursuing

...er and a licensed appraiser, residential appraiser. And I think that it's interesting that we just passed Senate Bill 720, which, as I understand it, transfers the regulation of the broker's price opinion over to the Real Estate Commission.

because, as I understand it, they drafted this Senate Bill 720, which looks to me like it would have solved the problem. And I know that Mr. Grooms personally was out here lobbying for it and being heavily involved in that. So I just don't ...

of the Senate Bill 720 we talked about, that a realtor with expertise and land value should not be prevented from testifying, that the trial judge in the case that was related to here is the one that pointed out that someone could testify, ...

bill. Senate Bill 720, Mr. Clerk.

Senate Bill 720 by Senator Dismay and Aul to regulate the issuance of a broker's price opinion by

For the bill? If not, the question before the House is the passage of Senate Bill 720. Prepare the machine, Mr. Clerk. Has everybody voted?

...s referred. House Bill 1795, House Bill 1986, House Bill 2030, House Bill 2137, Senate Bill 720, and Senate Bill 755. I believe to report we've had the same under consideration and herewith to return the same with the recommendation that th...

Okay. The next item on the agenda is Senate Bill 720.

...ansas Appraisal Licensing and Certification Board. We are here in opposition to Senate Bill 720 as it is written. To give you a little history, when our board was formed in the 1990s, We set aside the BPO for specific purposes from the lice...

...requested information from the Appraisal Institute concerning our current bill, Senate Bill 720. And the opinion that we receive from Scott DeBasio from the Appraisal Institute, we received this yesterday, states, provisions contained in Se...

Lastly, Senate Bill 720 is not even consistent with the sections of the interagency appraisal in the valuation guidelines as they have been issued by federal bank regulatory agencies. We as the appraisal board requested and received a porti...

...s value opinion. And for those reasons, Mr. Chairman, we stand in opposition to Senate Bill 720, and we would hope that you would entertain amendments that would make it meet with the Dodd-Frank Act that was recently passed by the federal g...

...he assessor issue, Benton County has a new assessor, and he is very attuned to the marketplace. And they're on a cycle. Every three years, they look at and revise property values. It's not something that will be affected by Senate Bill 720.

but does not include an automated valuation model. That is not in Senate Bill 720. So any statements that it mirrored Dodd-Frank are false because it left out eight words out of the Dodd-Frank definition of BPO. And I submit to you that tho...

... realtor. I think that has a lot to say for our appraisal board and our rules and regulations that we do have to abide by while we are performing an opinion of value. I do not agree that Senate Bill 720 will, as other people have mentioned,