Relating to the regulation of real estate appraisers and appraisal management companies.

Texas Senate Bill 1735 establishes a stipend program for real estate appraiser trainees and certified supervisory appraisers to increase the number of qualified professionals in the state. It requires appraisal management companies to verify that controlling persons hold valid licenses or complete specific training, and prohibits employment or contracting with individuals who had appraiser licenses revoked in any state. The bill also updates application requirements to include business email addresses and mandates background checks for controlling persons. Funding for the stipend program comes exclusively from existing grants and donations, not new state funds. These provisions directly affect appraiser trainees, certified appraisers, and appraisal management companies operating in Texas.