This bill establishes a committee to study the issue of insurance appraiser licensing. The committee will consist of one member of the senate and four members of the house of representatives, who will be appointed by the respective leaders of each chamber. The committee will study the current unlicensed appraisal system and whether licensing of insurance appraisers would increase consumer protections. They will also review the use of photographic or electronic application-based appraisal services. The committee will solicit information and testimony from various stakeholders, including the insurance commissioner, the insurance industry, and members of the public. The committee will elect a chairperson and must submit a report of their findings and any recommendations for proposed legislation by November 1, 2024.

There are no specific insertions or deletions mentioned in the bill.