This bill establishes a disciplinary sanction matrix for real estate appraisers in Minnesota, proposing new legal language to be added to Minnesota Statutes, chapter 82B. The bill mandates that when the commissioner is determining sanctions for appraisers, they must utilize the current version of the Voluntary Disciplinary Sanction Matrix published by the Appraisal Foundation.

Additionally, the bill allows the commissioner the discretion to deviate from this matrix on a case-by-case basis if there are reasonable mitigating circumstances that justify such a deviation. This framework aims to standardize the disciplinary process for appraisers while also allowing for flexibility in unique situations.