Governor approval; Secretary of State, Filed; Governor's action Approval; Secretary of State
Summary
The bill adds a new statutory section requiring the state commissioner to follow the Appraisal Foundation’s Voluntary Disciplinary Sanction Matrix when imposing penalties on real estate appraisers. The commissioner may deviate from the matrix only when a specific, reasonable mitigating circumstance is identified. This creates a uniform framework for discipline while preserving limited flexibility.
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