The bill, known as SB114, aims to extend the existence and operations of the Alabama Real Estate Appraisers Board until October 1, 2028, in accordance with the Alabama Sunset Law. The legislation incorporates new legal language that confirms the continuance of the Board and preserves the relevant code sections under Chapter 27A of Title 34, Code of Alabama 1975. The bill reflects the recommendations of the Sunset Committee, which the Legislature has concurred with.

Additionally, the bill specifies that it will take effect on June 1, 2024. There are no deletions from current law noted in the text of the bill, as it primarily focuses on the continuation of the Board's existence and functions.