Bill > A5146

Introduced Session

This bill permits the State Real Estate Appraiser Board to revoke, suspend or fine appraisers or appraisal management companies who knowingly engage in a discriminatory appraisal of a residential property on the basis of the property buyer or property holder's race or national origin. Under this bill, holders of appraisal licenses or certifications, or appraisal management company registrations, may have their licenses, certifications or registrations revoked or suspended, or be subject to fines, if the board determines, after an appropriate investigation, that the holder of the license, certification or registration has knowingly engaged in a discriminatory appraisal of a residential property on the basis of the property buyer or property holder's race, creed, color, or national origin. If the board finds cause to suspend, revoke or fine a holder of a license, certification or registration, then the board is required to notify the holder of the board's rationale in writing. The board must also provide opportunity for a hearing to be held in accordance with the State's Administrative Procedure Act.

AI Summary

Committee Categories

Angela Mcknight (D)*,  Britnee Timberlake (D)*,  Benjie Wimberly (D)*, 

Introduced, Referred to Assembly Regulated Professions Committee (on 12/14/2020)