The Texas Appraiser Licensing and Certification Board (TALCB) adopts amendments to §153.8, Scope of Practice, without changes to the proposed text as published in the May 28, 2021, issue of the Texas Register (46 TexReg 3357). The rule will not be republished.

The amendments implement changes adopted by the Appraiser Qualifications Board (AQB) which became effective on January 1, 2021. The change was based on federal law which increased the threshold for residential real estate transactions requiring an appraisal from $250,000 to $400,000. The amendments increase the transaction threshold for licensed residential appraisers from $250,000 to $400,000 to align TALCB rules with AQB requirements and federal law.

No comments were received on the amendments as published.

The amendments are adopted under Texas Occupations Code §1103.151, which authorizes TALCB to adopt rules related to certificates and licenses that are consistent with applicable federal law and guidelines adopted by the AQB.