Occupational Board Reform Act

General Information

Committee of Jurisdiction:Banking, Commerce and Insurance
Occupation Regulated:Real Property Appraisers and Appraisal Management Companies
Occupational Board:Nebraska Real Property Appraiser Board
Contact:Tyler Kohtz
Purpose:The Real Property Appraiser Board was established to carry out Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ("FIRREA") [Exhibit #1]. See attachment titled, "NRPAB Expanded Explanations for Questions on OBRA Survey."
Regulated Professionals:836 Real Property Appraisers and 74 Appraisal Management Companies.
Year Created:1991
Year Active:34
Sunset Date:N/A

Authorization

Statutory Authorization:Neb. Rev. Stat. Secs. 76-2201 to 76-2250; 76-3201 to 76-3223
Parent Agency:None

Membership

Number of Members:5
Who Appoints:Governor
Legislative Approval:None
Qualifications of Members:The NRPAB consists of five members; three members are certified real property appraisers representing each of the three congressional districts; two members are at-large: one representative of financial institutions, one licensed real estate broker.
Per Diem:Yes
Expense Reimbursement:Yes
Term Length:Five Years
Terms Rotate or Expire at Once:Terms Rotate

Meetings

Required FY 2025-2024:0
Held FY 2025-2024:13
Required FY 2024-2023:0
Held FY 2024-2023:14
Required FY 2023-2022:0
Held FY 2023-2022:13
Required FY 2022-2021:0
Held FY 2022-2021:13
Required FY 2021-2020:0
Held FY 2021-2020:7

Operations

Support Staff:Three staff members provide administrative support to an agency director.
Shared or Separate:Seperate
FY 2025-2024 Budget:516625
FY 2024-2023 Budget:433431
FY 2023-2022 Budget:480361
FY 2022-2021 Budget:405486
FY 2021-2020 Budget:412427
Other Funding Sources:Appraisal Subcommittee of the FFIEC State Appraiser Regulatory Agencies Support (SARAS) Grant
Spending Authority:Neb. Rev. Stat. § 76-2241 and Neb. Rev. Stat. § 76-3219.

Other

Government Certificates Issued:1314
Issued Certificate Descriptions:The Board issues real property appraiser credentials in four classifications, temporary real property appraiser credentials, and registers AMCs. See attachment titled, "NRPAB Expanded Explanations for Questions on OBRA Survey.
Government Certificates Revoked:0
Revoked Certificate Descriptions:For the immediately preceding five calendar years, the Board has revoked no real property appraiser credentials or appraisal management company registrations.
Government Certificates Denied:9
Denied Certificate Descriptions:The majority of the real property appraiser applicant denials are due to not meeting the minimum standards in the Real Property Appraiser Qualifications Criteria. See attachment titled, "NRPAB Expanded Explanations for Questions on OBRA Survey."
Government Certificates Penalties Against:4
Penalty Certificate Descriptions:The intent of the Board’s regulatory program is to be educational in practice when possible. See attachment titled, "NRPAB Expanded Explanations for Questions on OBRA Survey."
Explanation of Effectiveness:https://nebraskalegislature.gov/pdf/SurveyDocs/explanation1763490084.pdf
Potential HarmCeasing to credential real property appraisers and registering appraisal management companies would cause significant harm to public trust, and put the State of Nebraska out of compliance with Title XI. See attachment titled, "NRPAB Expanded......"
Regulation Comparison:https://nebraskalegislature.gov/pdf/SurveyDocs/comparison1763490084.pdf
Subject to Regulations of Act(LB407):No
Survey Submitted: November 18, 2025 12:21 PM