Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Appraiser Liability topic

No spam. Unsubscribe anytime.

Committee approves amendment limiting appraisers' liability; HB 2477 reported unanimously

Consumer Protection and Business Committee · February 4, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Representative McClintock's amendment to limit appraisers' liability to clients and named intended users was adopted and substitute House Bill 2477 was reported out of committee with a unanimous 15‑0 vote.

Representative McClintock moved and the committee adopted an amendment (CPBH 3,366.1) to House Bill 2477 that limits appraisers' liability to the client and named intended users and defines appraisal reports as prepared for stated intended users. McClintock said the change provides guardrails requested by the Office of the Insurance Commissioner and appraisers and encouraged a yes vote.

The committee then incorporated the adopted amendment into a substitute and reported substitute House Bill 2477 out of committee with a due‑pass recommendation. The roll call showed 15 members present and 15 voting in the affirmative.

Sponsors and staff praised committee staff and members for work on Cutoff Day; the bill now proceeds toward floor consideration where additional technical drafting may be offered.