Illinois HB 1561: REAL ESTATE-APPRAISER LICENSES

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
HB1561

Introduced 1/28/2025, by Rep. Charles Meier 

SYNOPSIS AS INTRODUCED:

225 ILCS 458/5-60 new

 Amends the Real Estate Appraiser Licensing Act of 2002. Provides that any person or business that, as of January 1, 1995, was practicing as an appraiser in the State of Illinois and had a minimum of 2 years of experience practicing as an appraiser is exempt from the required licensure as a certified general real estate appraiser under the provisions regarding an application for a State certified general real estate appraiser license. Provides that, on and after July 1, 2029, no person or business organization shall be issued a certified general real estate appraiser license using the grandfather clause exemption.

LRB104 06398 AAS 16434 b

A BILL FOR

HB1561LRB104 06398 AAS 16434 b

1 AN ACT concerning regulation.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Real Estate Appraiser Licensing Act of 2002 

5is amended by adding Section 5-60 as follows:

6 (225 ILCS 458/5-60 new)

7 Sec. 5-60. Grandfather clause. 

8 (a) Any person or business that, as of January 1, 1995, was 

9practicing as an appraiser in the State of Illinois and had a 

10minimum of 2 years of experience practicing as an appraiser is 

11exempt from the required licensure as a certified general real 

12estate appraiser under Section 5-10.

13 (b) On and after July 1, 2029, no person or business shall 

14be issued a certified general real estate appraiser license 

15using the exemption in subsection (a).

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