Texas HB3250 amends the regulation of real estate appraisers and appraisal management companies.

Texas HB3250 amends the Texas Occupations Code to enhance the regulation of real estate appraisers and appraisal management companies. The bill establishes a stipend program for appraiser trainees and certified appraisers who serve as supervisory appraisers. It also modifies the requirements for controlling persons of appraisal management companies, including mandatory completion of specific courses and background investigations. Additionally, the bill updates the process for handling complaints and disciplinary actions against appraisers and appraisal management companies.

Texas HB3250 amends the regulation of real estate appraisers and appraisal management companies.

Texas HB3250 amends the Texas Occupations Code to enhance the regulation of real estate appraisers and appraisal management companies. The bill establishes a stipend program for appraiser trainees and certified appraisers who serve as supervisory appraisers. It also modifies the requirements for controlling persons of appraisal management companies, including mandatory completion of specific courses and background investigations. Additionally, the bill updates the process for handling complaints and disciplinary actions against appraisers and appraisal management companies.