PCS for HB 491 (2021): An act relating to the Florida Real Estate Appraisal Board

Summary

A proposed committee substitute, PCS for HB 491, of 2021, a bill to be entitled an act relating to the Florida Real Estate Appraisal Board. Section 1 amends subsection (1) of section 475.613, Florida Statutes, which revises the composition of the board, whose members are appointed by the Governor subject to confirmation by the Senate. The text addresses appraiser members, members representing the appraisal management industry and members of the general public, and restates provisions on terms, vacancies, headquarters, quarterly meetings, a chairperson and per diem. Section 2 states that the act takes effect November 1, 2021.

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“PCS for HB 491 (2021): An act relating to the Florida Real Estate Appraisal Board.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-3101-regulatory-reform-subcommittee-proposed-committee-bills-pcbs-669e711a52/, SHA-256 8d7edc03f034617602d1ef30a1c7add20518f295b44220fa52a31564f266d17b.

Full text

F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

PCS for HB 491 2021

1 A bill to be entitled
2 An act relating to the Florida Real Estate Appraisal
3 Board; amending s. 475.613, F.S.; revising the
4 composition of the board; providing an effective date.
5
6 Be It Enacted by the Legislature of the State of Florida:
7
8 Section 1. Subsection (1) of section 475.613, Florida
9 Statutes, is amended to read:
10 475.613 Florida Real Estate Appraisal Board.—
11 (1) There is created the Florida Real Estate Appraisal
12 Board, which shall consist of nine members appointed by the
13 Governor, subject to confirmation by the Senate. Four members of
14 the board must be real estate appraisers who have been engaged
15 in the general practice of appraising real property in this
16 state for at least 5 years immediately preceding appointment. In
17 appointing real estate appraisers to the board, while not
18 excluding other appraisers, the Governor shall give preference
19 to real estate appraisers who are not primarily engaged in real
20 estate brokerage or mortgage lending activities. One member Two
21 members of the board must represent the appraisal management
22 industry. One member of the board must represent organizations
23 that use appraisals for the purpose of eminent domain
24 proceedings, financial transactions, or mortgage insurance.

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PCS for HB 491
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

PCS for HB 491 2021

25 Three Two members of the board must be a representative shall be
26 representatives of the general public and may shall not be
27 connected in any way with the practice of real estate appraisal.
28 The appraiser members shall be as representative of the entire
29 industry as possible, and membership in a nationally recognized
30 or state-recognized appraisal organization may shall not be a
31 prerequisite to membership on the board. To the extent possible,
32 no more than two members of the board shall be primarily
33 affiliated with any one particular national or state appraisal
34 association. Two of the members must be licensed or certified
35 residential real estate appraisers and two of the members must
36 be certified general real estate appraisers at the time of their
37 appointment.
38 (a) Members of the board shall be appointed for 4-year
39 terms. Any vacancy occurring in the membership of the board
40 shall be filled by appointment by the Governor for the unexpired
41 term. Upon expiration of her or his term, a member of the board
42 shall continue to hold office until the appointment and
43 qualification of the member's successor. A member may not be
44 appointed for more than two consecutive terms. The Governor may
45 remove any member for cause.
46 (b) The headquarters for the board shall be in Orlando.
47 (c) The board shall meet at least once each calendar
48 quarter to conduct its business.

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PCS for HB 491
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

PCS for HB 491 2021

49 (d) The members of the board shall elect a chairperson at
50 the first meeting each year.
51 (e) Each member of the board is entitled to per diem and
52 travel expenses as set by legislative appropriation for each day
53 that the member engages in the business of the board.
54 Section 2. This act shall take effect November 1, 2021.

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PCS for HB 491

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