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SF2814

Disciplinary sanction matrix establishment
Legislative Session 94 (2025-2026)

Related bill: HF2400

AI Generated Summary

Purpose of the Bill

The purpose of this bill is to create a standardized approach for disciplining real estate appraisers by adopting a disciplinary sanction matrix. This aims to ensure that disciplinary actions are consistent and fair.

Main Provisions

  • The bill requires the use of the Voluntary Disciplinary Sanction Matrix published by the Appraisal Foundation. This matrix serves as a guideline for determining disciplinary actions for real estate appraisers.
  • The Commissioner has the authority to adjust the sanctions on a case-by-case basis. This flexibility allows for deviations from the matrix if there are reasonable mitigating circumstances.

Significant Changes to Existing Law

  • The bill proposes new legislation within Minnesota Statutes chapter 82B, focused on real estate appraisal practices.
  • It introduces a formal system for handling disciplinary actions against appraisers, which does not exist in specific statute form in Minnesota presently.

Relevant Terms

  • Real estate appraiser
  • Disciplinary sanction matrix
  • Appraisal Foundation
  • Commissioner
  • Mitigating circumstance

Bill text versions

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Past committee meetings

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Actions

DateChamberWhereTypeNameCommittee Name
March 20, 2025SenateActionIntroduction and first reading
March 20, 2025SenateActionReferred toCommerce and Consumer Protection
April 07, 2026SenateActionComm report: To pass as amended
April 07, 2026SenateActionSecond reading
April 28, 2026HouseActionReceived from Senate
April 28, 2026HouseActionSenate file first reading, referred for comparison
April 28, 2026SenateActionSpecial Order
April 28, 2026SenateActionThird reading Passed
April 30, 2026HouseActionBills identical, SF substituted on General Register
April 30, 2026HouseActionSecond reading
May 04, 2026HouseActionHouse rule 1.21, placed on Calendar for the Day
May 06, 2026HouseActionThird reading
May 06, 2026HouseActionBill was passed
May 07, 2026SenateActionReturned from House
HouseActionPresented to Governor
SenateActionPresentment date
SenateActionGovernor's action Approval
HouseActionGovernor approval
SenateActionSecretary of State
HouseActionSecretary of State, Filed
SenateActionEffective date
HouseActionChapter number

Meeting documents

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Bill information comes from public records published by the Office of the Revisor of Statutes, the Minnesota House and the Minnesota Senate. AI summaries are written by MinneSlate and are not official. MinneSlate is independent and is not affiliated with the State of Minnesota or the Minnesota Legislature.

Progress through the legislative process

Enacted

Sponsors

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