MS HB1367

Prohibits registered appraisal management companies from requiring their own criminal background investigations as a condition of employment, contractual relationships, or portal access.

Requires appraisal management companies to instead accept criminal background investigations completed by the Mississippi Real Estate Appraiser Licensing and Certification Board for license applications and renewals.

Allows appraisal management companies to conduct additional criminal background investigations for their own purposes, but they must bear all costs rather than charging licensees.

Codifies existing requirements for appraiser licensure including fingerprint-based criminal history checks through Mississippi and FBI databases, continuing education requirements, and grounds for license denial or disciplinary action.

Takes effect July 1, 2019.