Codifies prohibition of discriminatory practices in real estate appraisals and requires real estate appraisers to complete anti-bias training.
New Jersey's S 1311 prohibits licensed real estate appraisers from considering protected characteristics - including race, gender, sexual orientation, or disability - when valuing properties. The bill directly affects all licensed and certified appraisers in the state by banning discriminatory factors in appraisal analyses. It requires appraisers to complete mandatory anti-bias training as part of their continuing education, including a fair housing and appraisal bias course. This law codifies existing anti-discrimination protections under state law and aims to prevent biased appraisals that could impact property values for marginalized communities.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action May 20, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
1
Committee
2
May 6, 2024
Upper · Passed
Reported out of Senate Committee with Amendments, 2nd Reading
upper
Feb 27, 2024
Committee
Transferred to Senate Community and Urban Affairs Committee
upper
Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Commerce Committee
upper
2 primary · 3 co-sponsors
Sponsors
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