Fabio
81 lines
4.8 KiB
Markdown
81 lines
4.8 KiB
Markdown
---
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type: "Bill"
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title: "Appraisal management companies; clarifies definition, state-licensed appraisers."
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description: "Amends the definition of appraisal management company and adds definitions for appraisal management services and appraiser panel. The bill also requires applicants for an appraisal management company license to certify to the Virginia Real Estate Appraiser Board that any person or entity that owns any part of the appraisal management company has never had a license to act as an appraiser refused, denied, canceled, surrendered in lieu of revocation, or revoked by the Commonwealth or any other state. Current law only requires such applicants to provide such certification regarding any person or entity that owns 10 percent or more of the appraisal management company. This bill is identical to"
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2018"
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identifier: "HB 1506"
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citation: "Virginia HB 1506 (2018)"
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classification: ["bill"]
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subjects: ["Professions and Occupations"]
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status: "enacted"
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primary_sponsors: ["Richard P. Bell"]
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version_count: 3
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action_count: 17
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vote_count: 6
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first_action: "2018-01-18"
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last_action: "2018-03-09"
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source: "openstates"
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source_identifier: "ocd-bill/ac6d460e-0ec5-4286-a714-fa4a90a0b78a"
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source_url: "http://lis.virginia.gov/cgi-bin/legp604.exe?181+sum+HB1506"
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source_hash: "fbc64e9d8678dff5268da4b83594f6ff68f03973851eddc9b262a08cbcf2bd8d"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia HB 1506 (2018) — Appraisal management companies; clarifies definition, state-licensed appraisers.
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Amends the definition of appraisal management company and adds definitions for appraisal management services and appraiser panel. The bill also requires applicants for an appraisal management company license to certify to the Virginia Real Estate Appraiser Board that any person or entity that owns any part of the appraisal management company has never had a license to act as an appraiser refused, denied, canceled, surrendered in lieu of revocation, or revoked by the Commonwealth or any other state. Current law only requires such applicants to provide such certification regarding any person or entity that owns 10 percent or more of the appraisal management company. This bill is identical to
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **House: Bill text as passed House and Senate (HB1506ER)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB1506ER)
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2. **House: Committee substitute printed 18106175D-H1** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB1506H1)
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3. **House: Presented and ordered printed 18105498D** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB1506)
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## Votes
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- Read third time and passed House BLOCK VOTE — **100–0** (pass) · legislature
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- Constitutional reading dispensed — **40–0** (pass) · legislature
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- Passed Senate — **40–0** (pass) · legislature
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- Reported from General Laws with substitute — **21–0** (pass) · legislature
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- Reported from General Laws and Technology — **13–0** (pass) · legislature
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- Subcommittee recommends reporting with substitute — **8–0** (pass) · legislature
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## Sponsors
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- Richard P. Bell — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2018-01-18** Presented and ordered printed 18105498D `introduction`
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- **2018-01-18** Referred to Committee on General Laws `referral-committee`
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- **2018-01-24** Assigned GL sub: Subcommittee #2 `referral-committee`
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- **2018-02-10** Read first time `reading-1`
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- **2018-02-12** Read second time `reading-2`
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- **2018-02-12** Committee substitute agreed to 18106175D-H1
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- **2018-02-12** Engrossed by House - committee substitute HB1506H1
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- **2018-02-13** Read third time and passed House BLOCK VOTE (100-Y 0-N) `passage, reading-3`
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- **2018-02-14** Constitutional reading dispensed
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- **2018-02-14** Referred to Committee on General Laws and Technology `referral-committee`
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- **2018-02-22** Read third time `reading-3`
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- **2018-02-26** Enrolled
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- **2018-02-26** Signed by Speaker
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- **2018-02-28** Signed by President
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- **2018-03-02** Enrolled Bill communicated to Governor on March 2, 2018
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- **2018-03-02** Governor's Action Deadline Midnight, March 9, 2018
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- **2018-03-09** Approved by Governor-Chapter 229 (effective 7/1/18) `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ac6d460e-0ec5-4286-a714-fa4a90a0b78a`. Confidence: reported (aggregated from official Virginia legislature records).
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