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Committee approves amended bill to let appraisers provide non‑appraisal evaluations, sends HB0872 to the floor
Summary
The House Business and Labor committee amended and approved HB0872 to allow licensed appraisers to provide evaluations that are not uniform appraisals, and forwarded the bill to the House floor. Representative Steve Fitzpatrick led the amendment and said it gives appraisers more latitude while requiring disclosure that the product is not an appraisal.
The House Business and Labor committee voted to advance House Bill 872, amended to allow licensed appraisers to provide evaluations that do not meet the statute’s uniform standards of appraisal.
Representative Steve Fitzpatrick, who offered Amendment HB0872.001.001 and a conceptual change to remove language on lines 5–6, said the change is intended to "loosen up the statute" so appraisers can produce evaluations outside the formal appraisal process, while informing consumers that the product is not an appraisal. "It gives them a little bit more latitude to provide evaluations for people on the values of real estate," Fitzpatrick said.
After brief clarifying discussion about whether the section is new to the bill, the committee adopted Fitzpatrick’s amendment by voice vote. Fitzpatrick then moved that HB0872 "do pass once amended," and the motion carried on a subsequent voice vote. Committee staff announced several proxy votes during the action; the committee reported that HB0872 "as amended" has passed Business and Labor and will move to the floor.
The committee’s action changes the bill’s language to permit non‑appraisal evaluations while retaining a consumer disclosure requirement. No fiscal note discussion affecting the decision was recorded in the committee’s discussion on HB0872. The next procedural step for HB0872 is floor consideration by the full House.
