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TX HB3250

Bill

Status

Passed

6/20/2025

Primary Sponsor

Drew Darby

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • Authorizes the Texas Appraiser Licensing and Certification Board to establish a stipend program for appraiser trainees, those seeking certification or licensure, and supervising appraisers, funded solely through gifts, grants, and donations

  • Requires appraisers to notify the board within 10 days of changes to their mailing address, business address, business email address, or business telephone number

  • Expands eligibility for appraisal management company controlling persons to include those who are licensed (not just certified) as appraisers in at least one state

  • Prohibits appraisal management companies from having a controlling person whose appraiser license/certificate or appraisal management company registration has been suspended, revoked, or placed on probation in any state

  • Redirects administrative penalties collected from appraisal management companies to the general revenue fund instead of a restricted fund previously used for educational programs and consumer protection studies

Legislative Description

Relating to the regulation of real estate appraisers and appraisal management companies.

Occupational Regulation

Last Action

See remarks for effective date

6/20/2025

Committee Referrals

Business & Commerce5/5/2025
Licensing & Administrative Procedures3/20/2025

Full Bill Text

No bill text available