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Subcommittee backs study group on appraisal bias and valuation equity, referring recommendations to appropriations
Summary
House Bill 1932 would create a task force to examine racial and other bias in residential property appraisals and recommend legislative and regulatory changes; the subcommittee voted to report and refer the measure to Appropriations.
The General Laws Housing Consumer Protection Subcommittee voted to report House Bill 1932, a measure that establishes a task force to examine appraisal bias and disparities in property valuation and to make recommendations to the governor and General Assembly.
Sponsor-backed language notes research showing systematic undervaluation of homes in majority-minority neighborhoods and seeks to create a task force with…
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