EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
[Brackets] indicate matter deleted from existing law.
Underlining indicates amendments to bill.
Strike out indicates matter stricken from the bill by amendment or deleted from the law by
amendment.
*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
Committee Report: Favorable with amendments
House action: Adopted
Read second time: March 14, 2022
CHAPTER ______
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
2 HOUSE BILL 1097
(3) (1) the Secretary of Housing and Community Development, or the 1
Secretary’s designee; 2
(4) (2) the Secretary of Labor, or the Secretary’s designee; 3
(5) (3) the Director of Assessments and Taxation; 4
(6) (4) one representative of the Consumer Protection Division of the 5
Office of the Attorney General, appointed by the Attorney General; 6
(7) (5) one representative from the field of alternative dispute 7
resolution, appointed by the Chief Judge of the Maryland Court of Appeals; 8
(8) (6) two representatives of an association for appraisers, appointed 9
by the Governor; 10
(9) (7) two representatives of the banking industry: 11
(i) one appointed by the President of the Senate; and 12
(ii) one appointed by the Speaker of the House; 13
(10) (8) the following members appointed by the President of the Senate: 14
(i) one representative from the Maryland Association of Counties; 15
(ii) one member of the Maryland Building Industry Association; and 16
(iii) four representatives of the general public with a primary 17
residence in Prince George’s County the State; and 18
(11) (9) the following members appointed by the Speaker of the House: 19
(i) one representative from the Maryland Municipal League; 20
(ii) one member of the Maryland Association of Realtors; and 21
(iii) four representatives of the general public with a primary 22
residence in Prince George’s County the State. 23
(c) The members of the Task Force shall elect from among the members the chair 24
of the Task Force. 25
(d) The Department of Housing and Community Development shall provide staff 26
for the Task Force. 27
(e) A member of the Task Force: 28 HOUSE BILL 1097 3
(1) may not receive compensation as a member of the Task Force; but 1
(2) is entitled to reimbursement for expenses under the Standard State 2
Travel Regulations, as provided in the State budget. 3
(f) The Task Force shall address the persistent misvaluation and undervaluation 4
of property owned by minorities by: 5
(1) studying strategies and actions that will: 6
(i) help ensure that governmental oversight and industry standards 7
and practices further valuation equity; 8
(ii) increase training of appraisers to combat valuation bias; 9
(iii) remove barriers to entry into the appraisal profession by 10
minorities; 11
(iv) assist in the development of a model for a meaningful 12
reconsideration of value process; and 13
(v) reduce or eliminate bias related to automated valuation models 14
and alternative property valuation methods; and 15
(2) identify legislative or other policy recommendations that will provide a 16
comprehensive and coordinated approach for reducing bias in valuations, through 17
enforcement, compliance, or other methods. 18
(g) On or before October 31, 2023, the Task Force shall report its findings and 19
recommendations to the Governor and, in accordance with § 2 –1257 of the State 20
Government Article, the General Assembly. 21
SECTION 2. AND BE IT FURTHER ENACTED, Th at this Act shall take effect June 22
1, 2022. It shall remain effective for a period of 2 years and 1 month and, at the end of June 23
30, 2024, this Act, with no further action required by the General Assembly, shall be 24
abrogated and of no further force and effect. 25