Oklahoma legislation · 2026 Regular Session
Oklahoma HB2956: Professions and occupations; Oklahoma Appraisal Management Company Regulation Act; ownership; report; effective date.
Status: In committee, April 28, 2026
What the bill says
An Act relating to professions and occupations; amending 59 O.S. 2021, Sections 858-803, 858-809, and 858-830, which relate to the Oklahoma Appraisal Management Company Regulation Act; modifying definition; clarifying requirements for ownership to register appraisal management companies; modifying required information for report to Real Estate Appraiser Board; and providing an effective date.
From the engrossed text, April 27, 2026:
An Act relating to professions and occupations; amending 59 O.S. 2021, Sections 858-803, 858-809, and 858-830, which relate to the Oklahoma Appraisal Management Company Regulation Act; modifying definition; clarifying requirements for ownership to register appraisal management companies; modifying required information for report to Real Estate Appraiser Board; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 59 O.S. 2021, Section 858-803, is amended to read as follows: Section 858-803. As used in the Oklahoma Appraisal Management Company Regulation Act: 1. "Affiliate" has the meaning provided in 12 U.S.C., Section 1841; 2. "AMC National Registry" means the registry of stateregistered appraisal management companies ("AMCs") and federallyregulated AMCs maintained by the Appraisal Subcommittee; SENATE FLOOR VERSION - HB2956 SFLR Page (Bold face denotes Committee Amendments) 3. "Appraisal" means the practice of developing and reporting an opinion of the value of real property in conformance with the Uniform Standards of Professional Appraisal Practice as promulgated by the Appraisal Standards Board of The Appraisal Foundation; 4. "Appraisal management company" or "AMC" means a person that provides appraisal management services to creditors or to secondary mortgage market participants, including affiliates; provides services in connection with valuing a consumer's principal dwelling as security for a consumer credit transaction or incorporating such transactions into securitizations; and within …
Sponsors
- Mark Tedford (R, HD-069)
Latest actions
- : Placed on General Order
- : Reported Do Pass Business and Insurance committee; CR filed
- : Second Reading referred to Business and Insurance
- : First Reading
- : Engrossed, signed, to Senate
- : Referred for engrossment
- : Third Reading, Measure passed: Ayes: 94 Nays: 0
- : General Order
- : Authored by Senator Reinhardt (principal Senate author)
- : CR; Do Pass Commerce and Economic Development Oversight Committee
Votes
- Senate Business & Insurance Committee (April 23, 2026): 8 yea, 0 nay, passed
- Third Reading (March 11, 2026): 94 yea, 0 nay, passed
- Floor Vote (March 3, 2026): 16 yea, 0 nay, passed
- Floor Vote (February 17, 2026): 8 yea, 0 nay, passed
- Business Committee (February 17, 2026): 8 yea, 0 nay, passed
Subjects: Professions and Occupations, Named Acts
Common questions
- What is HB2956?
- HB2956 is a bill in the Oklahoma Legislature (2026 Regular Session): Professions and occupations; Oklahoma Appraisal Management Company Regulation Act; ownership; report; effective date.
- What does HB2956 do?
- In its own words: An Act relating to professions and occupations; amending 59 O.S. 2021, Sections 858-803, 858-809, and 858-830, which relate to the Oklahoma Appraisal Management Company Regulation Act; modifying definition; clarifying requirements for ownership to register appraisal management companies; modifying required information for report to Real Estate Appraiser Board; and providing an effective date.
- What is the status of HB2956?
- In committee as of April 28, 2026. Latest action: Placed on General Order (April 28, 2026).
- Who sponsored HB2956?
- Mark Tedford (R, HD-069).
- Where is the official record for HB2956?
- On the Oklahoma Legislature website: https://www.oklegislature.gov/BillInfo.aspx?Bill=HB2956&Session=2600
Source: official Oklahoma record. Tracked by Delilah, AI for legislation across all 50 states and Congress.