H.R. 6347 · 115th Congress
7(a) Real Estate Appraisal Harmonization Act
Law · 115-370 · Dec 21, 2018Key: what the circles and colors mean
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Became law without a recorded vote. It passed by voice vote or unanimous consent, which don't record how each member voted.
1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Jul 12, 2018
- House Passed Sep 25, 2018
- Senate Passed Dec 19, 2018
- President To the President Dec 21, 2018
- President Signed Dec 21, 2018
- Law Dec 21, 2018
What it does: CRS summary · Public Law · Dec 21, 2018
7(a) Real Estate Appraisal Harmonization Act
(Sec. 2) This bill amends the Small Business Act to revise the loan amount above which a real estate appraisal is required for a commercial real property securing a small business loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold. (Currently, an appraisal is required for a loan of more than $250,000.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: 7(a) Real Estate Appraisal Harmonization Act
Latest action (Dec 21, 2018): Became Public Law No: 115-370.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jul 12, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Jul 12, 2018
- House Passed Sep 25, 2018
- Senate Passed Dec 19, 2018
- President To the President Dec 21, 2018
- President Signed Dec 21, 2018
- Law Dec 21, 2018
No recorded floor vote found.