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Amends the Real Estate Appraiser Licensing Act of 2002. Provides that it is unlawful for a person to act as a data collector without a license issued under the Act. Provides that "data collector" means a person who is hired by an appraisal management company or mortgage lender to inspect and collect data and pictures of a specific tract of real estate for the appraisal management company or mortgage lender with the intent of the data and information, which will be provided to an appraiser for the sole basis of preparation of an appraisal, to support a mortgage on the real estate.
Introduced
Feb 2, 2026
Last Action
Mar 13, 2026
Session
IL 104th
Sponsors
1 primary · 0 co
Rule 2-10 Committee Deadline Established As March 27, 2026
Postponed - Licensed Activities
Assigned to Licensed Activities
Filed with Secretary by Sen. Bill Cunningham
First Reading
Referred to Assignments
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Rule 2-10 Committee Deadline Established As March 27, 2026