EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
[Brackets] indicate matter deleted from existing law.
*hb1097*
HOUSE BILL 1097
N1 2lr1402
By: Delegates Holmes, Amprey, Anderson, Attar, Atterbeary, D. Barnes, Bartlett,
Boyce, C. Branch, T. Branch, Bridges, Brooks, Carr, Charles, Crutchfield,
Fennell, Harrison, Henson, Hill, Howell, Ivey, R. Jones, Landis, R. Lewis,
Prettyman, Proctor, Queen, Rogers, Sample –Hughes, Toles, Turner,
Valderrama, Walker, Washington, Wells, Wilkins, and Williams
Introduced and read first time: February 10, 2022
Assigned to: Environment and Transportation
A BILL ENTITLED
AN ACT concerning 1
Task Force on Property Appraisal and Valuation Equity 2
FOR the purpose of establishing the Task Force on Property Appraisal and Valuation 3
Equity to study the misvaluation and undervaluation of property owned by 4
minorities; and generally relating to the Task Force on Property Appraisal and 5
Valuation Equity. 6
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 7
That: 8
(a) There is a Task Force on Property Appraisal and Valuation Equity. 9
(b) The Task Force consists of the following members: 10
(1) one member of the Senate of Maryland, appointed by the President of 11
the Senate; 12
(2) two members of the House of Delegates, appointed by the Speaker of 13
the House; 14
(3) the Secretary of Housing and Community Development, or the 15
Secretary’s designee; 16
(4) the Secretary of Labor, or the Secretary’s designee; 17
(5) the Director of Assessments and Taxation; 18
2 HOUSE BILL 1097
(6) one representative of the Consumer Protection Division of the Office of 1
the Attorney General, appointed by the Attorney General; 2
(7) one representative from the field of alternative dispute resolution, 3
appointed by the Chief Judge of the Maryland Court of Appeals; 4
(8) two representatives of an association for appraisers, appointed by the 5
Governor; 6
(9) two representatives of the banking industry. 7
(i) one appointed by the President of the Senate; and 8
(ii) one appointed by the Speaker of the House; 9
(10) the following members appointed by the President of the Senate: 10
(i) one representative from the Maryland Association of Counties; 11
(ii) one member of the Maryland Building Industry Association; and 12
(iii) four representatives of the general public with a primary 13
residence in Prince George’s County; and 14
(11) the following members appointed by the Speaker of the House: 15
(i) one representative from the Maryland Municipal League; 16
(ii) one member of the Maryland Association of Realtors; and 17
(iii) four representatives of the general public with a primary 18
residence in Prince George’s County. 19
(c) The members of the Task Force shall elect from among the members the chair 20
of the Task Force. 21
(d) The Department of Housing and Community Development shall provide staff 22
for the Task Force. 23
(e) A member of the Task Force: 24
(1) may not receive compensation as a member of the Task Force; but 25
(2) is entitled to reimbursement for expenses under the Standard State 26
Travel Regulations, as provided in the State budget. 27
HOUSE BILL 1097 3
(f) The Task Force shall address the persistent misvaluation and undervaluation 1
of property owned by minorities by: 2
(1) studying strategies and actions that will: 3
(i) help ensure that governmental oversight and industry standards 4
and practices further valuation equity; 5
(ii) increase training of appraisers to combat valuation bias; 6
(iii) remove barriers to entry into the appraisal profession by 7
minorities; 8
(iv) assist in the development of a model for a meaningful 9
reconsideration of value process; and 10
(v) reduce or eliminate bias related to automated valuation models 11
and alternative property valuation methods; and 12
(2) identify legislative or other policy recommendations that will provide a 13
comprehensive and coordinated approach for reducing bias in valuations, through 14
enforcement, compliance, or other methods. 15
(g) On or before October 31, 2023, the Task Force shall report its findings and 16
recommendations to the Governor and, in accordance with § 2 –1257 of the State 17
Government Article, the General Assembly. 18
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June 19
1, 2022. It shall remain effective for a period of 2 years and 1 month and, at the end of June 20
30, 2024, this Act, with no further action required by the General Assembly, shall be 21
abrogated and of no further force and effect. 22