What is the official ID of this bill?

The official print number for this legislation is HR 2771.

When did the legislative process begin?

The process officially started on 2023-04-20.

Where can I read the full text of this legislation?

The full official text is available at: https://www.congress.gov/118/bills/hr2771/BILLS-118hr2771ih.htm

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

Who is the primary sponsor?

The primary sponsor is Rep. Loudermilk, Barry [R-GA-11].

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Analysis and Potential Impact of HR 2771

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. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

New Portal for Real Estate Appraisers and Appraisal Management Companies

Q: 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.

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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Status:

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Additional Information

Portal for Appraisal Licensing Act of 2023

Print number: HR 2771

Sponsor: Rep. Loudermilk, Barry [R-GA-11]

Process start date: 2023-04-20

System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.

Summarized by: gemini-2.5-flash-preview-05-20

Source data: api.congress.gov

AI work logs for this document launch

New Portal for Real Estate Appraisers and Appraisal Management Companies

Key Questions about New Portal for Real Estate Appraisers and Appraisal Management Companies