BILL NUMBER: AB 1381	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  JANUARY 25, 2016
	AMENDED IN ASSEMBLY  MARCH 26, 2015

INTRODUCED BY   Assembly Member Weber

                        FEBRUARY 27, 2015

   An act to amend  Sections 11340 and 11360  
Section 11340  of the Business and Professions Code, relating to
professions and vocations.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 1381, as amended, Weber. Real estate appraisers.
   Existing law provides for the licensure, certification, and
regulation of persons who engage in specified real estate appraisal
activity by the Chief of the Bureau of Real Estate Appraisers.
Existing law requires the chief to adopt regulations governing the
process and the procedure of applying for a license, including, but
not limited to, necessary experience or education, equivalency, and
minimum requirements of the Appraisal Foundation. Existing law
requires, for purposes of the educational background requirements,
the chief to grant credits for any courses taken on real estate
appraisal ethics or practices, as specified.
   This bill would also require, for purposes of the educational
background requirements, the chief to require education in valuing
sustainable real estate assets. 
   Existing law also requires the chief to adopt regulations relating
to the license renewal process that include continuing education
requirements.  
   This bill would require the continuing education requirements to
include education in valuing sustainable real estate assets. This
bill would also prohibit the renewal of a license unless an applicant
provides evidence of continuing education in valuing sustainable
real estate assets. 
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 11340 of the Business and Professions Code is
amended to read:
   11340.  The director shall adopt regulations governing the process
and the procedure of applying for a license which shall include, but
not be limited to, necessary experience or education, equivalency,
and minimum requirements of the Appraisal Foundation, if any.
   (a) For purposes of the educational background requirements
established under this section, the director shall do both of the
following:
    (1) Grant credits for any courses taken on real estate appraisal
ethics or practices pursuant to Section 10153.2, or which are deemed
by the director to meet standards established pursuant to this part
and federal law.
   (2) (A) Require education in valuing sustainable real estate
assets.
   (B) For purposes of this paragraph, "sustainable real estate
assets" include, but are not limited to, solar and wind power
generation installations and energy efficiency measures.
   (b) For the purpose of implementing and applying this section, the
director shall prescribe by regulation "equivalent courses" and
"equivalent experience." The experience of employees of an assessor's
office or of the State Board of Equalization in setting forth
opinions of value of real property for tax purposes shall be deemed
equivalent to experience in federally related real estate appraisal
activity. Notwithstanding any other law, a holder of a valid real
estate broker license shall be deemed to have completed appraisal
license application experience requirements upon proof that he or she
has accumulated 1,000 hours of experience in the valuation of real
property.
   (c) The director shall adopt regulations for licensure which shall
meet, at a minimum, the requirements and standards established by
the Appraisal Foundation and the federal financial institutions
regulatory agencies acting pursuant to Section 1112 of the Financial
Institutions Reform Recovery and Enforcement Act of 1989, Public Law
101-73 (FIRREA). The director shall, by regulation, require the
application for a real estate appraiser license to include the
applicant's social security number.
   (d) In evaluating the experience of any applicant for a license,
regardless of the number of hours required of that applicant, the
director shall apply the same standards to the experience of all
applicants.
   (e) No license shall be issued to an applicant who is less than 18
years of age. 
  SEC. 2.    Section 11360 of the Business and
Professions Code is amended to read:
   11360.  (a) The director shall adopt regulations governing the
process and procedures for renewal of a license that shall include,
but not be limited to, continuing education requirements, which shall
be reported on the basis of four-year continuing education cycles.
   (b) An applicant for renewal of a license shall be required to
demonstrate his or her continuing fitness to hold a license prior to
its renewal. Applicants shall also fulfill continuing education
requirements established pursuant to this section and shall be
required to take a minimum of four hours of federal and California
appraisal related statutory and regulatory law every four years.
   (c) (1) The continuing education requirements established pursuant
to this section shall include education in valuing sustainable real
estate assets.
   (2) A license shall not be renewed unless an applicant provides
evidence, in the form and manner prescribed by the bureau, of
continuing education in valuing sustainable real estate assets.
   (3) For purposes of this subdivision, "sustainable real estate
assets" include, but are not limited to, solar and wind power
generation installations and energy efficiency measures.
   (d) This section shall become operative on January 1, 2013.