Allocates fines imposed on real estate appraisers to the anti-discrimination in housing fund.
New York A02274 amends the executive law and the state finance law to allocate fines imposed on real estate appraisers to the anti-discrimination in housing fund. It allows for a fine of up to two thousand dollars for certain acts or omissions by real estate appraisers. The bill specifies that fifty percent of all fines collected by the department of state for such violations will be payable to the anti-discrimination in housing fund.
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