SENATOR KELLY announced  SB 361  (REAL ESTATE APPRAISERS) to be up            
 for consideration.                                                            
                                                                               
 WENDY MULDER, Department of Commerce, said SB 361 takes from                  
 statute the state requirement for the number of instruction hours             
 for a state certified appraiser which the federal government keeps            
 changing.  This is so that the state does not have to keep coming             
 back and amending the statute to comply with the federal the                  
 Financial Institutions Reform and Recovery Act.  Unless we meet               
 federal requirements, federally financed programs are in trouble,             
 she said.                                                                     
                                                                               
 SENATOR RIEGER asked why we should have appraisals since it appears           
 in some cases that the appraisal is lower than what the property              
 actually sells for.  MS. MULDER said from the Department's                    
 perspective, they need to have a state certified program in order             
 to receive federal money.