1797 AMH REEV MULV 460

  

HB 1797 - H AMD 36

By Representative Reeves

ADOPTED 02/27/2023

On page 3, after line 37, insert the following:

"NEW SECTION. Sec. 3. A new section is added to chapter 18.140 RCW to read as follows:

(1) The department shall adopt rules to:

(a) Require, beginning on January 1, 2024, all initial applicants for the state-registered appraiser trainee, state-licensed real estate appraiser, state-certified residential real estate appraiser, or state-certified general real estate appraiser certification to complete a seven-hour qualifying course with an examination on the topics of valuation bias and fair housing laws and regulations as part of the core modules required for registration, licensure, or certification pursuant to rules adopted by the director;

(b) Require, prior to January 1, 2025, all holders of an active or inactive certification, licensure, or registration to complete a seven-hour continuing education course on the topics of valuation bias and fair housing laws and regulations as part of the continuing education requirement pursuant to rules adopted by the director; and

(c) Requiring, beginning January 1, 2026, all holders of an active or inactive certification, licensure, or registration to complete a four-hour continuing education course of the topics of valuation bias and fair housing laws and regulations as part of the continuing education requirement pursuant to rules adopted by the director.

NEW SECTION. Sec. 4.

(1) This act takes effect upon the adoption of the administrative rules required in section 3 of this act.

(2) The department must provide written notice of the effective date of this section to affected parties, the chief clerk of the house of representatives, the secretary of the senate, the office of the code reviser, and others as deemed appropriate by the department."

Correct the title.

EFFECT:   

Requires the Department of Licensing (Department) to adopt rules to require: (1) Beginning January 1, 2024, that all applying to become a state-registered or state-certified real estate appraiser or trainee complete a seven-hour course and examination on valuation bias and fair housing laws and regulations in order to become registered, licensed, or certified; (2) Prior to January 1, 2025, that state-registered and state-certified real estate appraisers complete a seven-hour continuing education course on valuation bias and fair housing laws and regulations; and (3) Beginning January 1, 2026, all state-registered and state-certified real estate appraisers complete a four-hour continuing education course on valuation bias and fair housing laws and regulations.

Makes the effective date of the act contingent upon when the Department adopts the required rules for adding valuation bias and fair housing laws and regulation training.

Requires the Department to notify the affected parties of the effective date of the act.

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