1.1 A bill for an act 1.2 relating to real estate appraisers; modifying out-of-state continuing education credit 1.3 requirements; amending Minnesota Statutes 2024, section 82B.19, subdivision 5. 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.5 Section 1. Minnesota Statutes 2024, section 82B.19, subdivision 5, is amended to read: 1.6 Subd. 5.Out-of-state continuing education credit.(a) For purposes of this subdivision, 1.7the following terms have the meanings given: 1.8 (1) "asynchronous educational offering" has the meaning given in the most recent version 1.9of the Real Property Appraiser Qualification Criteria, as established by the Appraiser 1.10Qualifications Board; and 1.11 (2) "synchronous educational offering" has the meaning given in the most recent version 1.12of the Real Property Appraiser Qualification Criteria, as established by the Appraiser 1.13Qualifications Board, and includes an educational process based on live or real-time 1.14instruction where there is no geographic separation of instructor and student. 1.15 (b) Notwithstanding section 45.30, subdivisions 1 and 6, a real estate appraiser or course 1.16provider may submit, in a form prescribed by the commissioner, an application for continuing 1.17education credit for a synchronous educational offering that has not been submitted for prior 1.18approval in Minnesota. The commissioner must grant a real estate appraiser continuing 1.19education credit if: 1.20 (1) the application is submitted on or before August 1 of the year in which the real estate 1.21appraiser license is due for renewal; 1Section 1. REVISOR RSI/VJ 25-0388702/27/25 State of Minnesota This Document can be made available in alternative formats upon request HOUSE OF REPRESENTATIVES H. F. No. 2401 NINETY-FOURTH SESSION Authored by Huot and O'Driscoll03/17/2025 The bill was read for the first time and referred to the Committee on Commerce Finance and Policy 2.1 (2) the synchronous educational offering has been approved for continuing education 2.2credit by the regulator of real estate appraisers in at least one other state or United States 2.3territory; and 2.4 (3) an application is submitted by the real estate appraiser or course provider to the 2.5commissioner within 30 60 days of successful completion of the synchronous educational 2.6offering. 2.7 (c) The application must include a certificate of successful completion from the 2.8synchronous educational offering provider. The commissioner must grant a real estate 2.9appraiser the same number of continuing education credits for the successful completion 2.10of the synchronous educational offering as was approved for the offering by the out-of-state 2.11real estate appraiser regulatory authority. The commissioner must grant a real estate appraiser 2.12continuing education credit within 60 days of the submission of the completed application 2.13for out-of-state continuing education credit. 2.14 (d) The commissioner may charge a fee to a real estate appraiser, in an amount to be 2.15determined by the commissioner, to submit an application under this subdivision. 2.16 (e) This subdivision does not apply to asynchronous educational offerings. 2Section 1. REVISOR RSI/VJ 25-0388702/27/25