Florida Senate - 2020 SB 776 By Senator Perry 8-00881-20 2020776__ 1 A bill to be entitled 2 An act relating to the Florida Real Estate Appraisal 3 Board; amending s. 475.613, F.S.; revising the 4 composition of the board; providing an effective date. 5 6 Be It Enacted by the Legislature of the State of Florida: 7 8 Section 1. Subsection (1) of section 475.613, Florida 9 Statutes, is amended to read: 10 475.613 Florida Real Estate Appraisal Board.— 11 (1) There is created the Florida Real Estate Appraisal 12 Board, which shall consist of sevenninemembers appointed by 13 the Governor, subject to confirmation by the Senate. Four 14 members of the board must be real estate appraisers who have 15 been engaged in the general practice of appraising real property 16 in this state for at least 5 years immediately preceding 17 appointment. In appointing real estate appraisers to the board, 18 while not excluding other appraisers, the Governor shall give 19 preference to real estate appraisers who are not primarily 20 engaged in real estate brokerage or mortgage lending activities. 21 One memberTwo membersof the board must represent the appraisal 22 management industry. One member of the board must represent 23 organizations that use appraisals for the purpose of eminent 24 domain proceedings, financial transactions, or mortgage 25 insurance. One memberTwo membersof the board must be a 26 representativeshall be representativesof the general public 27 and shall not be connected in any way with the practice of real 28 estate appraisal. The appraiser members shall be as 29 representative of the entire industry as possible, and 30 membership in a nationally recognized or state-recognized 31 appraisal organization shall not be a prerequisite to membership 32 on the board. To the extent possible, no more than two members 33 of the board shall be primarily affiliated with any one 34 particular national or state appraisal association. Two of the 35 members must be licensed or certified residential real estate 36 appraisers and two of the members must be certified general real 37 estate appraisers at the time of their appointment. 38 (a) Members of the board shall be appointed for 4-year 39 terms. Any vacancy occurring in the membership of the board 40 shall be filled by appointment by the Governor for the unexpired 41 term. Upon expiration of her or his term, a member of the board 42 shall continue to hold office until the appointment and 43 qualification of the member’s successor. A member may not be 44 appointed for more than two consecutive terms. The Governor may 45 remove any member for cause. 46 (b) The headquarters for the board shall be in Orlando. 47 (c) The board shall meet at least once each calendar 48 quarter to conduct its business. 49 (d) The members of the board shall elect a chairperson at 50 the first meeting each year. 51 (e) Each member of the board is entitled to per diem and 52 travel expenses as set by legislative appropriation for each day 53 that the member engages in the business of the board. 54 Section 2. This act shall take effect November 1, 2020.