(a) The board may establish a program to provide stipends to appraiser trainees, persons completing requirements necessary for or otherwise seeking the issuance of a certificate or license under this chapter, and certified appraisers who serve as supervisory appraisers for the following public purposes:
- (1) promoting the professional needs of this state;
- (2) increasing the number of highly trained and educated appraisers available to serve the residents of this state; and
- (3) improving the business environment of and encouraging economic development in this state.
- (b) In awarding stipends under this section, the board shall consider the financial need of each person who applies for a stipend under this section.
- (c) The board may use only gifts, grants, and donations received under Section 1103.157 to fund the stipend program under this section.
- (d) The board shall adopt rules necessary to implement this section, including rules establishing the amount of a stipend awarded under this section.
Added by Acts 2025, 89th Leg., R.S., Ch. 524 (H.B. 3250), Sec. 1, eff. June 20, 2025.