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AZ HB2501
Bill
Status
Engrossed
2/18/2026
Primary Sponsor
David Livingston
Click for details
AI Summary
- Amends the definition of "appraisal management company" in Arizona law by changing the threshold requirement from administering an appraiser panel at "any" time to administering one "within a twelve-month period"
- Establishes that "twelve-month period" means the calendar year unless the deputy director prescribes an alternative period by rule
- Maintains existing thresholds of at least 16 state-licensed or certified appraisers in one state, or at least 25 appraisers in at least two states, for an entity to qualify as an appraisal management company
- Applies to entities providing appraisal management services regardless of business terminology used (such as "mortgage technology provider," "lender services," or "vendor management company")
Legislative Description
Appraisal management companies; definition
Professions And Occupations - Title 32
Last Action
Senate minority caucus: Do pass
3/10/2026
Committee Referrals
Rules2/25/2026
Regulatory Affairs and Government Efficiency2/18/2026
Rules1/20/2026
Commerce1/20/2026
Full Bill Text
No bill text available