Bill
Bill > SF785
MN SF785
Real property appraisers continuing education, evaluations, and standards of conduct modifications
summary
Introduced
02/11/2021
02/11/2021
In Committee
03/08/2021
03/08/2021
Crossed Over
Passed
Dead
05/23/2022
05/23/2022
Introduced Session
92nd Legislature 2021-2022
Bill Summary
A bill for an act relating to commerce; allowing continuing education credit, evaluations, and modifying standards of conduct for real property appraisers; amending Minnesota Statutes 2020, sections 45.305, subdivision 1, by adding a subdivision; 45.306, by adding a subdivision; 82B.021, by adding subdivisions; 82B.03, by adding a subdivision; 82B.195, by adding a subdivision; proposing coding for new law in Minnesota Statutes, chapter 82B; repealing Minnesota Statutes 2020, section 45.306, subdivision 1.
AI Summary
This bill allows for continuing education credit, evaluations, and modified standards of conduct for real property appraisers in Minnesota. It amends existing statutes to specify the requirements for appraiser prelicense and continuing education courses, introduces the concept of "evaluations" (which are distinct from appraisals), allows appraisers to provide evaluations without being subject to the Uniform Standards of Professional Appraisal Practice, and requires appraisers to complete training on valuation bias. The bill also includes a temporary provision to allow education providers to submit certain courses for approval without the normally required International Distance Education Certification Center (IDECC) approval during the COVID-19 peacetime emergency.
Committee Categories
Business and Industry
Sponsors (4)
Last Action
Author added Eken (on 03/10/2021)
Official Document
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