AZ HB2466

Adds new definition of "allegation" as an assertion or accusation made without proof that must be proven, and updates terminology throughout the chapter to replace "complaint" with "allegation" in appropriate contexts.

Establishes a statute of limitations for civil actions against appraisers and appraisal-related service providers, limiting claims to the earlier of: the applicable statute of limitations, five years after the appraisal was completed, or five years after the appraisal-related service was performed, with an exception for fraud and intentional misrepresentation claims.

Adds property tax agents to the superintendent's disciplinary authority and defines violations that may result in suspension or revocation of registration, with minimum suspension periods of six months for the first violation and twelve months for the second violation.

Requires appraisal management companies to provide written notice to appraisers before removing them from appraiser panels and allows appraisers to file allegations challenging removals based on alleged illegal conduct or professional standard violations.

Makes dismissed allegations confidential and prohibits the superintendent from disclosing them in response to inquiries or posting information about them on the department website.