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Bill

HB 1429

Property data collection statements and reports; limit authority to prepare to registered trainees, licensed appraisers and certified appraisers.

2025 Regular Session

Restricts property data collection statements to registered trainees and licensed/certified appraisers, limiting who can perform this work in Mississippi's real estate sector.

Died In Committee
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Bill Summary · HB 1429

Legislative bill overview

HB 1429 restricts who can prepare property data collection statements and reports in Mississippi to only registered trainees, licensed appraisers, and certified appraisers. This creates a regulatory barrier by limiting this work to individuals with formal appraisal credentials and oversight.

Why is this important

Property data collection is foundational to real estate transactions, mortgage lending, and property tax assessments. Restricting who can perform this work affects costs, accessibility, and efficiency in real estate markets while protecting professional standards in the appraisal industry.

Potential points of contention

  • Professional protectionism concerns: The restriction may limit competition and increase costs for data collection services, potentially benefiting existing appraisers at consumers' expense
  • Workforce availability: Limiting qualified personnel to credentialed appraisers could create bottlenecks in transaction processing, especially in rural or underserved areas
  • Scope creep debate: Whether data collection truly requires full appraisal credentials or if intermediate certifications/training could suffice for this specific task

Compiled from official sources — confirm details with the bill’s official record.

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