BILL ANALYSIS Ó ----------------------------------------------------------------- |SENATE RULES COMMITTEE | AB 1381| |Office of Senate Floor Analyses | | |(916) 651-1520 Fax: (916) | | |327-4478 | | ----------------------------------------------------------------- THIRD READING Bill No: AB 1381 Author: Weber (D) Amended: 8/11/16 in Senate Vote: 21 SENATE BUS., PROF. & ECON. DEV. COMMITTEE: 7-1, 6/13/16 AYES: Hill, Block, Galgiani, Hernandez, Jackson, Mendoza, Wieckowski NOES: Gaines NO VOTE RECORDED: Bates SENATE APPROPRIATIONS COMMITTEE: Senate Rule 28.8 ASSEMBLY FLOOR: 65-10, 1/27/16 - See last page for vote SUBJECT: Real estate appraisers SOURCE: Author DIGEST: This bill requires the Bureau of Real Estate Appraisers to provide information on the Internet of the continuing education course information provided by a licensee when an individual applies for licensure renewal. Senate Floor Amendments of 8/11/16 clarify that the renewal of an appraiser's license is not contingent on the Bureau of Real Estate Apprisers' posting a licensee's continuing education courses on it Web site. AB 1381 Page 2 ANALYSIS: Existing law: 1) Establishes the Real Estate Appraisers' Licensing and Certification Law (Act), administered by the Bureau of Real Estate Appraisers (BREA) within the Department of Consumer Affairs (DCA), which regulates the licensing of real estate appraisers. (Business and Professions Code (BPC) § 11300 et seq.) 2) Requires the BREA to provide on the Internet information regarding, among other things, the status of every license and registration issued by the BREA. (BPC § 11317.2(a)) 3) Requires the Director of the DCA to 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). (BPC § 11340(c)) 4) Requires the director to adopt regulations governing the process and procedures for renewal of a license, which shall include, but not be limited to, continuing education requirements, which shall be reported on the basis of four-year continuing education cycles. (BPC § 11360) This bill: 1) Requires the Bureau of Real Estate Appraisers to provide, on the Internet, the continuing education course information provided by a licensee when an individual applies for licensure renewal 2) Removes obsolete references to the Office of Real Estate Appraisers and inserts the word "Bureau". Background AB 1381 Page 3 According to the Author, "In San Diego, the Broadway Heights Community Council raised concerns about recent appraisals in their neighborhood. Many residents questioned whether this appraiser was knowledgeable in renewable energy sources when appraising residential homes. When searching online for additional information about real estate appraisers, very little information is publically available. To attain a license in real estate appraising, every applicant is required to meet certain educational requirements for the type of license he or she is seeking. Once an applicant becomes licensed, at least 56 hours of continuing education is required during each four-year continuing education cycle. The continuing education requirement includes mandatory courses. For the remainder of the hours required, an appraiser is free to choose from a wide range of courses. This allows an appraiser to develop a specialization for a certain type of appraising, such as renewable energy." FISCAL EFFECT: Appropriation: No Fiscal Com.:YesLocal: No SUPPORT: (Verified8/11/16) Broadway Heights Community Council OPPOSITION: (Verified8/11/16) None received ARGUMENTS IN SUPPORT: Broadway Heights Community Council and the Author ultimately underscore, "AB 1381 would provide the public with additional information on the continuing education courses taken when an appraiser seeks to renew his or her AB 1381 Page 4 license. By listing an appraiser's continuing education courses, the public will have a better understanding of who appraises their property. In addition, businesses would be better able to evaluate candidates and select appraisers with certain specializations." ASSEMBLY FLOOR: 65-10, 1/27/16 AYES: Achadjian, Alejo, Travis Allen, Baker, Bloom, Bonilla, Bonta, Brown, Burke, Calderon, Campos, Chau, Chávez, Chiu, Chu, Cooley, Cooper, Dababneh, Dahle, Daly, Dodd, Eggman, Frazier, Cristina Garcia, Eduardo Garcia, Gatto, Gipson, Gomez, Gonzalez, Gordon, Hadley, Roger Hernández, Holden, Irwin, Jones, Jones-Sawyer, Lackey, Levine, Linder, Lopez, Low, Maienschein, Mathis, Mayes, McCarty, Medina, Mullin, Nazarian, O'Donnell, Olsen, Quirk, Rendon, Ridley-Thomas, Rodriguez, Salas, Santiago, Mark Stone, Thurmond, Ting, Wagner, Waldron, Weber, Williams, Wood, Atkins NOES: Bigelow, Brough, Beth Gaines, Gallagher, Grove, Harper, Melendez, Obernolte, Steinorth, Wilk NO VOTE RECORDED: Chang, Gray, Kim, Patterson Prepared by:Mark Mendoza / B., P. & E.D. / (916) 651-4104 8/15/16 19:36:04 **** END ****