Mississippi 2022 Regular Session Status: Passed House Bipartisan · 1 R · 1 D cosponsors

HB 686 — Appraisal Management Companies; extend repealer on registration requirements under Mississippi Appraisal Company Act.

Last action — Died In Committee

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2022 Regular Session. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

10 added · 9 removed

Plain-language change summary

The amendment to Bill HB 686 changes the expiration date for regulations on Appraisal Management Companies from July 1, 2025, to July 1, 2026. This extension gives these companies an additional year to operate under the current rules before needing to meet any new regulations. This matters because it allows the industry more time to adjust and comply, ensuring stability for both companies and the property market.

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686 AN ACT TO AMEND SECTION 73-34-103, MISSISSIPPI CODE OF 1972, WHICH PROHIBITS AN APPRAISAL MANAGEMENT COMPANY FROM ENGAGING IN OR CONDUCTING BUSINESS IN THIS STATE WITHOUT FIRST OBTAINING A REGISTRATION ISSUED BY THE MISSISSIPPI REAL ESTATE APPRAISER LICENSING AND CERTIFICATION BOARD, TO EXTEND THE DATE OF THE REPEALER ON THE SECTION;
686 (As Passed the House) AN ACT TO AMEND SECTION 73-34-103, MISSISSIPPI CODE OF 1972, WHICH PROHIBITS AN APPRAISAL MANAGEMENT COMPANY FROM ENGAGING IN OR CONDUCTING BUSINESS IN THIS STATE WITHOUT FIRST OBTAINING A REGISTRATION ISSUED BY THE MISSISSIPPI REAL ESTATE APPRAISER LICENSING AND CERTIFICATION BOARD, TO EXTEND THE DATE OF THE REPEALER ON THE SECTION;
686 *HR43/R613* ~ OFFICIAL ~ G1/2 22/HR43/R613 PAGE 1 (RKM\EW) prescribed by the board accompanied by an original or certified copy of a surety bond payable to the State of Mississippi in the amount of Twenty Thousand Dollars ($20,000.00) for the use, benefit and indemnity of any person who suffers any damage or loss as a result of the appraisal management company's breach of contract or of any obligation arising therefrom or any violation of law.
686 *HR43/R613PH* ~ OFFICIAL ~ G1/2 22/HR43/R613PH PAGE 1 (RKM\EW) prescribed by the board accompanied by an original or certified copy of a surety bond payable to the State of Mississippi in the amount of Twenty Thousand Dollars ($20,000.00) for the use, benefit and indemnity of any person who suffers any damage or loss as a result of the appraisal management company's breach of contract or of any obligation arising therefrom or any violation of law.
686 *HR43/R613* ~ OFFICIAL ~ 22/HR43/R613 PAGE 2(RKM\EW) (e) The name, address, and contact information for any individual or any corporation, partnership, or other business entity that owns ten percent (10%) or more of the appraisal management company;
686 *HR43/R613PH* ~ OFFICIAL ~ 22/HR43/R613PH PAGE 2(RKM\EW) (e) The name, address, and contact information for any individual or any corporation, partnership, or other business entity that owns ten percent (10%) or more of the appraisal management company;
686 *HR43/R613* ~ OFFICIAL ~ 22/HR43/R613 PAGE 3(RKM\EW) the Truth in Lending Act, including the requirements for payment of a reasonable and customary fee to appraisers when the appraisal management company is providing services for a consumer credit transaction secured by the principal dwelling of a consumer;
686 *HR43/R613PH* ~ OFFICIAL ~ 22/HR43/R613PH PAGE 3(RKM\EW) the Truth in Lending Act, including the requirements for payment of a reasonable and customary fee to appraisers when the appraisal management company is providing services for a consumer credit transaction secured by the principal dwelling of a consumer;
(5) The provisions of this section shall stand repealed on July 1, * * * 2025.
(5) The provisions of this section shall stand repealed on July 1, * * * 2026.
686 *HR43/R613* ~ OFFICIAL ~ 22/HR43/R613 ST:
686 *HR43/R613PH* ~ OFFICIAL ~ 22/HR43/R613PH ST:
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Amendments

1 amendment

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Action History

  1. Died In Committee

  2. Referred To Business and Financial Institutions

  3. Transmitted To Senate

  4. Passed As Amended

  5. Amended

  6. Title Suff Do Pass As Amended

  7. Referred To Banking and Financial Services

Sponsors

Sponsorship breakdown

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1 sponsors · 2 co-sponsors · 172 not signed on · 1 voted No

Sponsors (1)

Co-sponsors (2)

Not signed on (172)

172 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Passage as Amended

Passed 115 Yea · 6 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 55101
Democrat 29100
Unaffiliated 29400
Independent 2000
Total 115601
% of votes cast 94%5%0%1%
How each member voted (122)
Member Party Vote
Bain — Yea
Barnett — Yea
Beckett — Yea
Blackmon — Yea
Boyd — Yea
Busby — Yea
Clarke — Yea
Darnell — Yea
Gibbs (72nd) — Yea
Goodin — Yea
Huddleston — Yea
Jackson — Yea
Johnson — Yea
Lancaster — Yea
McLeod — Yea
Miles — Yea
Paden — Yea
Patterson — Yea
Reynolds — Yea
Robinson — Yea
Stamps — Yea
Straughter — Yea
Thompson — Yea
Walker — Yea
Weathersby — Yea
Williams-Barnes — Yea
Wright — Yea
Young — Yea
Mr. Speaker — Yea
Bomgar — Nay
Criswell — Nay
Hopkins — Nay
Williamson — Nay
Bo Brown Democrat Yea
Bo Brown Democrat Nay
Bob Evans Democrat Yea
Bob Evans Democrat Yea
Bryant W. Clark Democrat Yea
Carl Mickens Democrat Yea
Cedric Burnett Democrat Yea
Cheikh Taylor Democrat Yea
Christopher M. Bell Democrat Yea
Daryl Porter Democrat Yea
Earle S. Banks Democrat Yea
Gregory Holloway, Sr. Democrat Yea
Hester Jackson McCray Democrat Yea
Jeffery Harness Democrat Yea
Jeramey Anderson Democrat Yea
John G. Faulkner Democrat Yea
John W. Hines, Sr. Democrat Yea
Kabir Karriem Democrat Yea
Karl Gibbs Democrat Yea
Omeria Scott Democrat Yea
Oscar Denton Democrat Yea
Otis Anthony Democrat Yea
Percy W. Watson Democrat Yea
Robert L. Sanders Democrat Yea
Ronnie C. Crudup Democrat Yea
Solomon C. Osborne Democrat Yea
Stephanie Foster Democrat Yea
Tracey T. Rosebud Democrat Yea
Willie Bailey Democrat Yea
Zakiya Summers Democrat Yea
Angela Cockerham Independent Yea
Shanda Yates Independent Yea
Becky Currie Republican Yea
Bill Kinkade Republican Yea
Bill Pigott Republican Yea
Billy Adam Calvert Republican Yea
Brent Anderson Republican Yea
Brent Powell Republican Yea
C. Scott Bounds Republican Yea
Carolyn Crawford Republican Yea
Casey Eure Republican Yea
Clay Deweese Republican Yea
Dan Eubanks Republican Yea
Dana McLean Republican Yea
Donnie Bell Republican Yea
Donnie Scoggin Republican Yea
Fred Shanks Republican Yea
Gene Newman Republican Yea
Greg Haney Republican Yea
Henry Zuber III Republican Yea
Jansen Owen Republican Nay
Jason White Republican Yea
Jay McKnight Republican Yea
Jeff Hale Republican Yea
Jeffrey S. Guice Republican Yea
Jerry R. Turner Republican Yea
Jill Ford Republican Yea
Jody Steverson Republican Yea
Joey Hood Republican Not Voting
John Read Republican Yea
John Thomas "Trey" Lamar, III Republican Yea
Joseph Tubb Republican Yea
Karl Oliver Republican Yea
Ken Morgan Republican Yea
Kent McCarty Republican Yea
Kevin Felsher Republican Yea
Kevin Ford Republican Yea
Kevin Horan Republican Yea
Larry Byrd Republican Yea
Lee Yancey Republican Yea
Lester Carpenter Republican Yea
Manly Barton Republican Yea
Mark Tullos Republican Yea
Missy McGee Republican Yea
Noah Sanford Republican Yea
Price Wallace Republican Yea
Randy Rushing Republican Yea
Richard Bennett Republican Yea
Rob Roberson Republican Yea
Sam C. Mims, V Republican Yea
Sam Creekmore IV Republican Yea
Shane Aguirre Republican Yea
Stacey Hobgood-Wilkes Republican Yea
Stephen A. Horne Republican Yea
Steve Massengill Republican Yea
Timmy Ladner Republican Yea
Troy Smith Republican Yea
Vince Mangold Republican Yea
William Tracy Arnold Republican Yea

Official roll call →

Subjects

finance
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Frequently asked questions

Who sponsors HB 686?
HB 686 is sponsored by Stamps, Rob Roberson (Republican), and Bo Brown (Democrat).
What is the current status of HB 686?
This bill died with 2022 Regular Session. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 686?
Track HB 686 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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