Bill > A06869

This bill addresses discriminatory practices in real estate appraisals by expanding legal protections and enforcement mechanisms. It defines "real estate appraisal" broadly to include all oral and written communications related to property valuation, and explicitly prohibits appraisers from discriminating against individuals based on characteristics such as race, color, national origin, sexual orientation, gender identity, military status, sex, age, disability, marital status, and other protected characteristics. The bill allows appraisers to consider factors other than these protected characteristics when determining property value. Additionally, the legislation provides the state with enhanced disciplinary powers, including the ability to suspend or revoke appraiser licenses and impose fines up to $2,000, with half of those fines dedicated to an anti-discrimination in housing fund. These funds will support fair housing programs, including testing, outreach, education, and investigating housing discrimination allegations. The bill aims to ensure more equitable property valuation practices and combat systemic bias in real estate appraisals by creating clearer legal standards and consequences for discriminatory behavior.

Budget and Finance, Government Affairs, Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A6869