(HB1932)
GOVERNOR'S VETO
Pursuant to Article V, Section 6, of the Constitution of Virginia, I veto House Bill 1932, which creates a task force to examine the valuation of property owned by minority individuals.
Current law already prohibits bias in appraisals as found in the Uniform Standards of Professional Appraisal Practice. These standards are enforceable through the Real Estate Appraiser Board housed under the Department of Professional and Occupational Regulation. This task force is duplicative since any individual who believes an appraiser has committed bias during an appraisal or valuation can report this to the Board. Licensees can be disciplined for violations of state and federal law already.
Accordingly, I veto this bill.