Prohibits discriminatory practices by real estate appraisers and furthers fair housing compliance

Bill S 7320 prohibits discriminatory practices by real estate appraisers based on protected characteristics like race, gender identity, or familial status. It defines "real estate appraisal" broadly to include all residential appraisals and supporting documents, applying to both licensed and unlicensed individuals. The bill makes it an unlawful practice to base an appraisal on these characteristics of current or prospective property owners or those in the vicinity. It allows for sanctions, license suspension, revocation, or fines up to $2,000 for violations, with half of these fines allocated to a fund supporting fair housing compliance programs and addressing appraisal discrimination.