What is the status of HB1354?

Signed into law as of April 21, 2025. Latest action: Filed with Secretary Of State 04/16 (April 21, 2025).

Who sponsored HB1354?

Dan Ruby (R, 38), with 6 co-sponsors.

Where is the official record for HB1354?

On the North Dakota Legislature website: https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo1354.html

North Dakota legislation · 69th Legislative Assembly

North Dakota HB1354: AN ACT to create and enact a new section to chapter 43-23.3 of the North Dakota Century Code, relating to evaluations conducted by appraisers; and to amend and reenact sections 43-23.3-01, 43-23.3-04, and 43-23.3-18 of the North Dakota Century Code, relating to the definitions of agency and evaluation, an exemption from appraisal permit requirements, and the standards of professional appraisal practice.

Q: What is HB1354?

HB1354 is a bill in the North Dakota Legislature (69th Legislative Assembly): AN ACT to create and enact a new section to chapter 43-23.3 of the North Dakota Century Code, relating to evaluations conducted by appraisers; and to amend and reenact sections 43-23.3-01, 43-23.3-04, and 43-23.3-18 of the North Dakota Century Code, relating to the definitions of agency and evaluation, an exemption from appraisal permit requirements, and the standards of professional appraisal practice.

Q: What does HB1354 do?

In its own words: An act to create and enact a new section to chapter 43-23.3 of the North Dakota Century Code, relating to evaluations conducted by appraisers; and to amend and reenact sections 43-23.3-01, 43-23.3-04, and 43-23.3-18 of the North Dakota Century Code, relating to the definitions of agency and evaluation, an exemption from appraisal permit requirements, and the standards of professional appraisal practice.

Status: Signed into law, April 21, 2025

Relating to evaluations conducted by appraisers; and to amend and reenact sections 43‑23.3‑01, 43‑23.3‑04, and 43‑23.3‑18 of the North Dakota Century Code, relating to the definitions of agency and evaluation, an exemption from appraisal permit requirements, and the standards of professional appraisal practice.

What the bill says

An act to create and enact a new section to chapter 43-23.3 of the North Dakota Century Code, relating to evaluations conducted by appraisers; and to amend and reenact sections 43-23.3-01, 43-23.3-04, and 43-23.3-18 of the North Dakota Century Code, relating to the definitions of agency and evaluation, an exemption from appraisal permit requirements, and the standards of professional appraisal practice.

From the enrolled text, April 14, 2025:

AN ACT to create and enact a new section to chapter 43-23.3 of the North Dakota Century Code, relating to evaluations conducted by appraisers; and to amend and reenact sections 43-23.3-01, 43-23.3-04, and 43-23.3-18 of the North Dakota Century Code, relating to the definitions of agency and evaluation, an exemption from appraisal permit requirements, and the standards of professional appraisal practice. SECTION 1. AMENDMENT. Section 43-23.3-01 of the North Dakota Century Code is amended and reenacted as follows: 43-23.3-01. Definitions. As used in this chapter, unless the context otherwise requires: 1. "Agency" means b. Consumer financial protection bureau; c. Farm credit administration; d. Federal deposit insurance corporation; e. National credit union administration; f. Office of the comptroller of the currency; and g. State financial regulator. 2. "Analysis" means a study of real estate other than estimating value. 2.3. "Appraisal" means an analysis, opinion, or conclusion relating to the nature, quality, value, or utility of specified interests in, or aspects of, real estate. An appraisal may be classified by subject matter into either a valuation or an analysis. The term does not include an evaluation. 3.4. "Appraisal assignment" means an engagement for which a person is employed or retained to act, or would be perceived by the public as acting, as a disinterested party in rendering an unbiased supportable appraisal. 4.5. …

What the bill says

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