The Texas Appraiser Licensing and Certification Board proposes an amendment to §153.5, Fees. This amendment will add §153.5(a)(11) to provide for an additional $10 renewal fee for general certified and residential certified appraisers in order to comply with on-line renewal provisions as mandated by SB-187 and SB-645, 77th Legislature, 2001. The additional $10 fee is required of all certified general and certified residential appraisers whether or not they renew on-line.

Renil C. Liner, Commissioner, Texas Appraiser Licensing and Certification Board, has determined that for the first five-year period the amendment is in effect, there will be no fiscal implications for state or local government.

Mr. Liner also has determined that for each year of the first five years this amendment is in effect, the public benefit anticipated as a result of enforcing the amendment will be a more efficient and convenient renewal of general and residential certifications. There will be no effect on small businesses, other than appraisal businesses that are owned by or employ general certified or residential certified appraisers. The anticipated economic cost to persons who are required to comply with the amendment as proposed is an additional $10 renewal fee for each two-year renewal.

Comments on the proposal may be submitted Renil C. Liner, Commissioner, Texas Appraiser Licensing and Certification Board, P.O. Box 12188, Austin, Texas 78711-2188.

The amendment is proposed under the Powers and Duties of the Board, Texas Appraiser Licensing and Certification Act, §5 (Vernon's Texas Civil Statutes, Article 6573a.2), which provides the board with authority to adopt rules.

Section 5, Powers and Duties of the Board and §14, Certification and License Renewal of the Texas Appraiser Licensing and Certification Act (Vernon's Texas Civil Statutes, Article 6573a.2) may be affected by the proposed amendment.