The Texas Appraiser Licensing and Certification Board (board) proposes an amendment to §153.20, concerning Guidelines for Revocation, Suspension, Denial of Licensure or Certification; Probationary Licensure. The amendment is proposed to make it clear that the board considers acceptance by an appraiser of an assignment from an appraisal management company that is not registered with the board to be an activity that can subject the appraiser to sanctions.

Kerri T. Galvin, General Counsel, has determined that for the first five-year period the proposed amendment is in effect there will be no fiscal implications for the state or for units of local government as a result of enforcing or administering the section. There is no anticipated significant impact on small businesses, micro-businesses or local or state employment as a result of implementing the section. There is no significant anticipated economic cost to persons who are required to comply with the proposed amendment.

Ms. Galvin also has determined that for each year of the first five years the section as proposed is in effect the public benefit anticipated as a result of enforcing the section will be clarity for certified and licensed appraisers and greater consumer protection by prohibiting an appraiser from working with an appraisal management company that is conducting unlicensed activity.

Comments on the proposal may be submitted to Kerri T. Galvin, General Counsel, Texas Appraiser Licensing and Certification Board, P.O. Box 12188, Austin, Texas 78711-2188 or to general.counsel@talcb.texas.gov. The deadline for comments is 30 days after publication in the Texas Register.

The amendment is proposed under Texas Occupations Code, §1103.151, which authorizes the board to adopt rules necessary for certifying or licensing an appraiser.

The statute affected by this amendment is Texas Occupations Code, Chapter 1103. No other statute, code or article is affected by the proposed amendment.