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AZ HB2501

Bill

Status

Engrossed

2/18/2026

Primary Sponsor

David Livingston

Click for details

Origin

House of Representatives

Fifty-seventh Legislature - Second Regular Session (2026)

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