2025 Regular SessionVirginia Legislature

SB995: Real estate appraisers; educational requirement for licensure, fair housing & appraisal bias course.

Legislative Summary

Real estate appraisers; educational requirements for licensure; fair housing and appraisal bias course. Requires applicants for licensure as a certified residential real estate appraiser, a certified general real estate appraiser, or a licensed residential real estate appraiser to successfully complete a minimum of two hours of education on fair housing and appraisal bias administered or approved by the Real Estate Appraiser Board prior to licensure. The bill requires any such educational course on fair housing and appraisal bias to be audited annually by the Fair Housing Board. This bill is identical to HB 1693.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

1/7/2025
Prefiled and ordered printed; Offered 01-08-2025 25102981D
Senate
1/7/2025
Referred to Committee on Rules
Senate
1/23/2025
Fiscal Impact Statement from Department of Planning and Budget (SB995)
Senate
1/24/2025
Reported from Rules with substitute (11-Y 1-N)
Senate
1/24/2025
Committee substitute printed 25105754D-S1
Senate
1/27/2025
Rules suspended
Senate
1/27/2025
Constitutional reading dispensed (on 1st reading) (37-Y 1-N)
Senate
1/27/2025
Passed by for the day
Senate
1/28/2025
Read second time
Senate
1/28/2025
Reading of substitute waived
Senate
1/28/2025
Rules Substitute agreed to
Senate
1/28/2025
Engrossed by Senate - committee substitute
Senate
1/29/2025
Read third time and passed Senate (35-Y 2-N 1-A)
Senate
1/29/2025
Fiscal Impact Statement from Department of Planning and Budget (SB995)
Senate
2/5/2025
Placed on Calendar
House of Delegates
2/5/2025
Read first time
House of Delegates
2/5/2025
Referred to Committee on General Laws
House of Delegates
2/6/2025
Reported from General Laws (16-Y 5-N)
House of Delegates
2/10/2025
Read second time
House of Delegates
2/11/2025
Passed by for the day
House of Delegates
2/12/2025
Read third time
House of Delegates
2/12/2025
Passed House (54-Y 43-N)
House of Delegates
2/17/2025
Enrolled
Senate
2/17/2025
Bill text as passed Senate and House (SB995ER)
Senate
2/17/2025
Signed by Speaker
House of Delegates
2/18/2025
Fiscal Impact Statement from Department of Planning and Budget (SB995)
Senate
2/20/2025
Signed by President
Senate
2/20/2025
Enrolled Bill Communicated to Governor on February 20, 2025
Senate
2/20/2025
Governor's Action Deadline 11:59 p.m., March 24, 2025
3/24/2025
Vetoed by Governor
4/2/2025
Passed by for the day
Senate
4/2/2025
Senate sustained Governor's veto
Senate

Roll Call Votes

Reported from General Laws (16-Y 5-N)
2/6/2025
16
Yea
5
Nay
0
Not Voting
1
Absent
Result: PASSED
Read third time and passed Senate (35-Y 2-N 1-A)
1/29/2025
35
Yea
2
Nay
1
Not Voting
2
Absent
Result: PASSED
Constitutional reading dispensed (on 1st reading) (37-Y 1-N)
1/27/2025
37
Yea
1
Nay
0
Not Voting
2
Absent
Result: PASSED
Reported from Rules with substitute (11-Y 1-N)
1/24/2025
11
Yea
1
Nay
0
Not Voting
3
Absent
Result: PASSED

Status Information

Current Status
Vetoed(3/24/2025)
Chamber
Senate

Sponsors

Democrat: 1

Documents

Enrolled
Bill Text2/17/20255.9 KB
Comm Sub
Bill Text1/24/20256.3 KB
Comm Sub
Bill Text1/24/20256.4 KB
Introduced
Bill Text1/7/202510.4 KB
Misc
Misc3/24/20250.6 KB
Fiscal Note/Analysis
Fiscal Note/Analysis2/18/2025119.4 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/29/2025121.6 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/23/2025122.9 KB