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MontanaHB 42669th Legislature, Regular Session (2025)HouseWALLET

Clarifying laws related to real estate appraisers

Sponsored By: Valerie Moore (Republican)

Became Law

Professions and Occupations Generally

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Stricter ownership rules for appraisal management companies

The law bars an appraisal management company from being owned, directly or through another entity, by anyone whose appraiser license was refused, denied, canceled, revoked for cause, or surrendered in lieu of a pending revocation, unless that license was later granted or reinstated. Every owner must be of good moral character as set by the board and must submit to a background check the board requires. When applying to register in Montana, the company must certify it reviewed all direct and indirect owners and that no owner has had an appraiser or appraisal management license, certificate, or registration refused, denied, canceled, or revoked. These rules add screening and paperwork for owners and aim to protect consumers and lenders.

Sponsors & Cosponsors

Sponsor

  • Valerie Moore

    Republican • House

Cosponsors

  • Gregg Hunter

    Republican • Senate

  • Josh Kassmier

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 288 • No: 9

House vote • 3/24/2025

Do Concur

Yes: 47 • No: 3

House vote • 3/21/2025

Do Concur

Yes: 48 • No: 2

House vote • 2/21/2025

Do Pass

Yes: 96 • No: 2

House vote • 2/20/2025

Do Pass

Yes: 97 • No: 2

Actions Timeline

  1. Chapter Number Assigned

    4/7/2025House

  2. Signed by Governor

    4/7/2025House

  3. Transmitted to Governor

    4/1/2025House

  4. Signed by President

    4/1/2025Senate

  5. Signed by Speaker

    3/28/2025House

  6. Returned from Enrolling

    3/26/2025House

  7. Sent to Enrolling

    3/24/2025House

  8. 3rd Reading Concurred

    3/24/2025Senate

  9. 2nd Reading Concurred

    3/21/2025Senate

  10. Committee Report--Bill Concurred

    3/19/2025Senate

  11. Committee Executive Action--Bill Concurred

    3/19/2025Senate

  12. Hearing

    3/15/2025Senate

  13. Hearing

    3/6/2025Senate

  14. Referred to Committee

    3/3/2025Senate

  15. First Reading

    2/24/2025Senate

  16. Transmitted to Senate

    2/21/2025House

  17. 3rd Reading Passed

    2/21/2025House

  18. 2nd Reading Passed

    2/20/2025House

  19. Committee Report--Bill Passed

    2/14/2025House

  20. Committee Executive Action--Bill Passed

    2/14/2025House

  21. Committee Executive Action--Bill Passed

    2/14/2025House

  22. Hearing

    2/10/2025House

  23. First Reading

    2/10/2025House

  24. Referred to Committee

    2/10/2025House

  25. Introduced

    2/7/2025House

Bill Text

  • As Amended (Version 2)

    3/25/2025

    PDF

  • Enrolled

    3/25/2025

    PDF

  • Introduced

    2/7/2025

    PDF

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