Bill Text: CA AB948 | 2021-2022 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Bureau of Real Estate Appraisers: disclosures: demographic information: reporting: continuing education.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Passed) 2021-09-28 - Chaptered by Secretary of State - Chapter 352, Statutes of 2021. [AB948 Detail]

Download: California-2021-AB948-Introduced.html

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CALIFORNIA LEGISLATURE— 2021–2022 REGULAR SESSION

Assembly Bill

No. 948

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Introduced by Assembly Member Holden

February 17, 2021

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An act to amend Section 11360 of, and to add Section 11310.3 to, the Business and Professions Code, relating to professions and vocations.

LEGISLATIVE COUNSEL'S DIGEST

AB 948, as introduced, Holden. Bureau of Real Estate Appraisers: demographic information: reporting: continuing education.

Existing law, the Real Estate Appraisers’ Licensing and Certification Law, creates a Bureau of Real Estate Appraisers within the Department of Consumer Affairs to administer and enforce that law. Existing law requires the protection of the public to be the highest priority for the bureau in exercising its licensing, regulatory, and disciplinary functions.

This bill would require the bureau to collect and compile specified demographic information regarding sellers in real estate transactions and homeowners that file complaints based on low appraisals and report that information to the Legislature on or before July 1, 2024.

Existing law requires the Chief of the Bureau of Real Estate Appraisers to adopt regulations governing the process and procedures for renewal of a license, including, but not limited to, continuing education requirements.

This bill would require that those continuing education requirements include 5 hours of elimination of bias training.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 11310.3 is added to the Business and Professions Code, to read:

11310.3.

 (a) It is the intent of the Legislature, in enacting this section, to ensure that no one is discriminated against during the appraisal process of a real estate transaction.

(b) The bureau shall collect demographic information regarding sellers in real estate transactions, including, but not limited to, their age, gender, race, and ethnicity.

(c) The bureau shall compile data on the race or other protected class of the homeowners that file complaints based on low appraisals.

(d) (1) On or before July 1, 2024, the bureau shall report to the Legislature in the aggregate the information collected and compiled pursuant to subdivisions (b) and (c).

(2) A report submitted pursuant to this subdivision shall be submitted in compliance with Section 9795 of the Government Code.

SEC. 2.

 Section 11360 of the Business and Professions Code is amended to read:

11360.

 (a) (1) The director shall adopt regulations governing the process and procedures for renewal of a license which that shall include, but not be limited to, continuing education requirements, which shall be reported on the basis of four-year continuing education cycles.

(2) The continuing education requirement shall include five hours of elimination of bias training.

(b) An applicant for renewal of a license shall be required to demonstrate his or her the applicant’s continuing fitness to hold a license prior to its renewal. Applicants shall also fulfill continuing education requirements established pursuant to this section and shall be required to take a minimum of four hours of federal and California appraisal related statutory and regulatory law every four years.

(c)This section shall become operative on January 1, 2013.