Real Estate Valuation Fairness and Improvement Act of 2021

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

D CleaverSponsor

6 cosponsors · 6 D

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

This bill establishes the Interagency Task Force on Real Estate Valuation to harmonize among specified agencies and entities the underwriting standards that govern residential and commercial real estate valuations. The task force must also study racial disparities in the valuation and price of certain residential real estate.

What it does: CRS summary · Introduced in House · Apr 15, 2021

Real Estate Valuation Fairness and Improvement Act of 2021

The bill also establishes a grant program for states, nonprofit organizations, and institutions of higher education to promote diversity and inclusion in the appraisal profession.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Real Estate Valuation Fairness and Improvement Act of 2021

Latest action (Apr 21, 2021): Ordered to be Reported (Amended) by Voice Vote.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 15, 2021

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.