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 allows the commissioner to consider the Voluntary Disciplinary Action Matrix published by the Appraisal Foundation as nonbinding guidance when determining sanctions for appraisers. However, the commissioner retains the discretion to decide the appropriate sanction based on the specific circumstances of each case, regardless of the matrix's recommendations.

The introduction of this disciplinary sanction matrix aims to provide a structured approach to handling violations by appraisers while allowing for flexibility in decision-making. This ensures that each case can be evaluated on its own merits, promoting fairness and accountability within the profession.