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New Portal for Real Estate Appraisers and Appraisal Management Companies

This act establishes a central online system for real estate appraisers and appraisal management companies. It will simplify license applications and renewals, and streamline information exchange between appraisers and state agencies. Citizens may benefit from a faster and more transparent property appraisal process.
Key points
Creation of a Portal for appraiser credentialing and appraisal management company registration, simplifying administrative processes.
The Portal will allow central submission of license, certification, and registration applications, including fees and criminal background checks.
State agencies will have easier access to appraiser data, potentially speeding up approval and oversight processes.
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Expired
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Additional Information
Print number: 118_HR_2771
Sponsor: Rep. Loudermilk, Barry [R-GA-11]
Process start date: 2023-04-20
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Portal for Appraisal Licensing Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2771.

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 2023-04-20.

What are the main provisions?

Key points include:

  • Creation of a Portal for appraiser credentialing and appraisal management company registration, simplifying administrative processes.
  • The Portal will allow central submission of license, certification, and registration applications, including fees and criminal background checks.
  • State agencies will have easier access to appraiser data, potentially speeding up approval and oversight processes.
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. Loudermilk, Barry [R-GA-11].

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 2025-12-25.

CATEGORIES

Real Estate Informatization Courts and Law