HB3250

HB3250 authorizes an appraiser stipend program, changes several appraisal-management-company rules, and redirects collected company administrative penalties to state general revenue. It became law without the governor’s signature on June 20, 2025. The stipend section took effect that day; the remaining changes took effect September 1, 2025. Final law; history and effective-date remarks.

The appraisal board may establish, but is not compelled to establish, a stipend program for appraiser trainees, people completing requirements or otherwise seeking a license or certificate, and certified appraisers supervising trainees. It must consider applicants’ financial need and adopt implementing rules, including stipend amounts. Funding is limited to gifts, grants and donations received under the board’s existing authority; the bill itself provides no appropriation or guaranteed payment. The existing donation authority permits public as well as private sources. Funding authority.

The other changes include:

• Contact details: Within 10 days of a change, an appraiser must report the mailing address, business address, business email address or business telephone number and pay any required fee. The ten-day deadline already existed; the act specifies the contact categories.
• Company primary contacts: The designated controlling person can qualify by being licensed or certified as an appraiser in at least one state, instead of needing certification for that route. The alternative remains completion of the 15-hour national appraisal-practice-standards course and the seven-hour update within two years before company-registration renewal. Existing background-investigation and disciplinary-history conditions remain.
• Company control: A registered appraisal management company may not knowingly have a controlling person who has had an appraiser license/certificate or an appraisal-management-company registration suspended, revoked or placed on probation in any state. The surrounding statute retains a limited exception for specified nonsubstantive denials, revocations or surrenders followed by reinstatement and good standing; this is not a blanket exception for every disciplinary history. Restrictions and retained exception.
• Penalty destination: Company administrative penalties collected on or after September 1, 2025 go to the comptroller for deposit in general revenue, instead of the board’s restricted fund for appraiser education or consumer-protection studies. Earlier collections remain under former law. The act does not increase the existing penalty ceiling.
• Complaint administration: References to the “commissioner” become references to the executive director for investigator designation, dismissal of unsupported complaints, delegated complaint decisions and signing agreed orders. Board approval of an agreed order remains required.

The new company-control restriction applies to conduct occurring on or after September 1, 2025; earlier conduct remains under former law. That transition concerns when the regulated conduct occurs, not a promise that earlier disciplinary history is irrelevant to later company control.