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H.R. 6347 · 115th Congress

7(a) Real Estate Appraisal Harmonization Act

Law · 115-370 · Dec 21, 2018
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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.

DED EvansSponsor
1 cosponsor · 1 R

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

  1. House Introduced Jul 12, 2018
  2. House Passed Sep 25, 2018
  3. Senate Passed Dec 19, 2018
  4. President To the President Dec 21, 2018
  5. President Signed Dec 21, 2018
  6. 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)

  1. House Introduced Jul 12, 2018
  2. House Passed Sep 25, 2018
  3. Senate Passed Dec 19, 2018
  4. President To the President Dec 21, 2018
  5. President Signed Dec 21, 2018
  6. Law Dec 21, 2018

No recorded floor vote found.