MD
Maryland House Bill HB1097

Maryland 2022 Regular Session

Maryland House Bill HB1097 Compare Versions

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1- LAWRENCE J. HOGAN, JR., Governor Ch. 654
21
3-– 1 –
4-Chapter 654
5-(House Bill 1097)
62
7-AN ACT concerning
3+EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
4+ [Brackets] indicate matter deleted from existing law.
5+ Underlining indicates amendments to bill.
6+ Strike out indicates matter stricken from the bill by amendment or deleted from the law by
7+amendment.
8+ *hb1097*
89
9-Task Force on Property Appraisal and Valuation Equity
10+HOUSE BILL 1097
11+N1 2lr1402
1012
11-FOR the purpose of establishing the Task Force on Property Appraisal and Valuation
12-Equity to study the misvaluation and undervaluation of property owned by
13-minorities; and generally relating to the Task Force on Property Appraisal and
14-Valuation Equity.
13+By: Delegates Holmes, Amprey, Anderson, Attar, Atterbeary, D. Barnes, Bartlett,
14+Boyce, C. Branch, T. Branch, Bridges, Brooks, Carr, Charles, Crutchfield,
15+Fennell, Harrison, Henson, Hill, Howell, Ivey, R. Jones, Landis, R. Lewis,
16+Prettyman, Proctor, Queen, Rogers, Sample –Hughes, Toles, Turner,
17+Valderrama, Walker, Washington, Wells, Wilkins, and Williams
18+Introduced and read first time: February 10, 2022
19+Assigned to: Environment and Transportation
20+Committee Report: Favorable with amendments
21+House action: Adopted
22+Read second time: March 14, 2022
1523
16- SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND,
17-That:
24+CHAPTER ______
1825
19- (a) There is a Task Force on Property Appraisal and Valuation Equity.
26+AN ACT concerning 1
2027
21- (b) The Task Force consists of the following members:
28+Task Force on Property Appraisal and Valuation Equity 2
2229
23- (1) one member of the Senate of Maryland, appointed by the President of
24-the Senate;
30+FOR the purpose of establishing the Task Force on Property Appraisal and Valuation 3
31+Equity to study the misvaluation and undervaluation of property owned by 4
32+minorities; and generally relating to the Task Force on Property Appraisal and 5
33+Valuation Equity. 6
2534
26- (2) two members of the House of Delegates, appointed by the Speaker of
27-the House;
35+ SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 7
36+That: 8
2837
29- (3) (1) the Secretary of Housing and Community Development, or the
30-Secretary’s designee;
38+ (a) There is a Task Force on Property Appraisal and Valuation Equity. 9
3139
32- (4) (2) the Secretary of Labor, or the Secretary’s designee;
40+ (b) The Task Force consists of the following members: 10
3341
34- (5) (3) the Director of Assessments and Taxation;
42+ (1) one member of the Senate of Maryland, appointed by the President of 11
43+the Senate; 12
3544
36- (6) (4) one representative of the Consumer Protection Division of the
37-Office of the Attorney General, appointed by the Attorney General;
45+ (2) two members of the House of Delegates, appointed by the Speaker of 13
46+the House; 14
47+ 2 HOUSE BILL 1097
3848
39- (7) (5) one representative from the field of alternative dispute
40-resolution, appointed by the Chief Judge of the Maryland Court of Appeals;
4149
42- (8) (6) two representatives of an association for appraisers, appointed
43-by the Governor;
50+ (3) (1) the Secretary of Housing and Community Development, or the 1
51+Secretary’s designee; 2
4452
45- (9) (7) two representatives of the banking industry:
53+ (4) (2) the Secretary of Labor, or the Secretary’s designee; 3
4654
47- (i) one appointed by the President of the Senate; and
55+ (5) (3) the Director of Assessments and Taxation; 4
4856
49- (ii) one appointed by the Speaker of the House; Ch. 654 2022 LAWS OF MARYLAND
57+ (6) (4) one representative of the Consumer Protection Division of the 5
58+Office of the Attorney General, appointed by the Attorney General; 6
5059
51-– 2 –
60+ (7) (5) one representative from the field of alternative dispute 7
61+resolution, appointed by the Chief Judge of the Maryland Court of Appeals; 8
5262
53- (10) (8) the following members appointed by the President of the Senate:
63+ (8) (6) two representatives of an association for appraisers, appointed 9
64+by the Governor; 10
5465
55- (i) one representative from the Maryland Association of Counties;
66+ (9) (7) two representatives of the banking industry: 11
5667
57- (ii) one member of the Maryland Building Industry Association; and
68+ (i) one appointed by the President of the Senate; and 12
5869
59- (iii) four representatives of the general public with a primary
60-residence in Prince George’s County the State; and
70+ (ii) one appointed by the Speaker of the House; 13
6171
62- (11) (9) the following members appointed by the Speaker of the House:
72+ (10) (8) the following members appointed by the President of the Senate: 14
6373
64- (i) one representative from the Maryland Municipal League;
74+ (i) one representative from the Maryland Association of Counties; 15
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66- (ii) one member of the Maryland Association of Realtors; and
76+ (ii) one member of the Maryland Building Industry Association; and 16
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68- (iii) four representatives of the general public with a primary
69-residence in Prince George’s County the State.
78+ (iii) four representatives of the general public with a primary 17
79+residence in Prince George’s County the State; and 18
7080
71- (c) The members of the Task Force shall elect from among the members the chair
72-of the Task Force.
81+ (11) (9) the following members appointed by the Speaker of the House: 19
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74- (d) The Department of Housing and Community Development shall provide staff
75-for the Task Force.
83+ (i) one representative from the Maryland Municipal League; 20
7684
77- (e) A member of the Task Force:
85+ (ii) one member of the Maryland Association of Realtors; and 21
7886
79- (1) may not receive compensation as a member of the Task Force; but
87+ (iii) four representatives of the general public with a primary 22
88+residence in Prince George’s County the State. 23
8089
81- (2) is entitled to reimbursement for expenses under the Standard State
82-Travel Regulations, as provided in the State budget.
90+ (c) The members of the Task Force shall elect from among the members the chair 24
91+of the Task Force. 25
8392
84- (f) The Task Force shall address the persistent misvaluation and undervaluation
85-of property owned by minorities by:
93+ (d) The Department of Housing and Community Development shall provide staff 26
94+for the Task Force. 27
8695
87- (1) studying strategies and actions that will:
96+ (e) A member of the Task Force: 28 HOUSE BILL 1097 3
8897
89- (i) help ensure that governmental oversight and industry standards
90-and practices further valuation equity;
9198
92- (ii) increase training of appraisers to combat valuation bias;
9399
94- (iii) remove barriers to entry into the appraisal profession by
95-minorities;
96- LAWRENCE J. HOGAN, JR., Governor Ch. 654
100+ (1) may not receive compensation as a member of the Task Force; but 1
97101
98-– 3 –
99- (iv) assist in the development of a model for a meaningful
100-reconsideration of value process; and
102+ (2) is entitled to reimbursement for expenses under the Standard State 2
103+Travel Regulations, as provided in the State budget. 3
101104
102- (v) reduce or eliminate bias related to automated valuation models
103-and alternative property valuation methods; and
105+ (f) The Task Force shall address the persistent misvaluation and undervaluation 4
106+of property owned by minorities by: 5
104107
105- (2) identify legislative or other policy recommendations that will provide a
106-comprehensive and coordinated approach for reducing bias in valuations, through
107-enforcement, compliance, or other methods.
108+ (1) studying strategies and actions that will: 6
108109
109- (g) On or before October 31, 2023, the Task Force shall report its findings and
110-recommendations to the Governor and, in accordance with § 2 –1257 of the State
111-Government Article, the General Assembly.
110+ (i) help ensure that governmental oversight and industry standards 7
111+and practices further valuation equity; 8
112112
113- SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June
114-1, 2022. It shall remain effective for a period of 2 years and 1 month and, at the end of June
115-30, 2024, this Act, with no further action required by the General Assembly, shall be
116-abrogated and of no further force and effect.
113+ (ii) increase training of appraisers to combat valuation bias; 9
117114
118-Enacted under Article II, § 17(c) of the Maryland Constitution, May 29, 2022.
115+ (iii) remove barriers to entry into the appraisal profession by 10
116+minorities; 11
117+
118+ (iv) assist in the development of a model for a meaningful 12
119+reconsideration of value process; and 13
120+
121+ (v) reduce or eliminate bias related to automated valuation models 14
122+and alternative property valuation methods; and 15
123+
124+ (2) identify legislative or other policy recommendations that will provide a 16
125+comprehensive and coordinated approach for reducing bias in valuations, through 17
126+enforcement, compliance, or other methods. 18
127+
128+ (g) On or before October 31, 2023, the Task Force shall report its findings and 19
129+recommendations to the Governor and, in accordance with § 2 –1257 of the State 20
130+Government Article, the General Assembly. 21
131+
132+ SECTION 2. AND BE IT FURTHER ENACTED, Th at this Act shall take effect June 22
133+1, 2022. It shall remain effective for a period of 2 years and 1 month and, at the end of June 23
134+30, 2024, this Act, with no further action required by the General Assembly, shall be 24
135+abrogated and of no further force and effect. 25
136+
137+