OFFICIAL LEGAL TITLE
Portal for Appraisal Licensing Act of 2021
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 117_HR_5756.
Which chamber initiated this legislation?
This legislation was initiated in the House of Representatives.
When did the legislative process begin?
The process officially started on 2021-10-27.
What are the main provisions?
Key points include:
- Launch of an online portal for real estate appraisers and appraisal management companies to centralize license applications and renewals.
- Enabling state agencies to access information on appraisers' qualifications, experience, and exam results.
- Introduction of criminal background checks through the portal, potentially increasing safety and trust in the profession.
- Simplifying payment of licensing fees and submission of documents to state agencies.
- Establishment of an advisory committee with industry representatives to ensure practical solutions for the portal's operation.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Rep. Perlmutter, Ed [D-CO-7].
What is the latest detailed status?
The latest detailed status is: Referred to the House Committee on Financial Services.
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.
What is the impact of this bill?
We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.