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Streamlining Appraisals: Faster Real Estate Valuations for Federal Land Transactions.

This law aims to speed up real property transactions, including conservation projects, overseen by the Department of the Interior (DOI). It allows certified appraisers to perform valuations for DOI transactions nationwide, requiring a license from only one state. This change is intended to reduce delays for citizens and organizations involved in land dealings with the federal government.
Key points
Real estate appraisers need only one state license to perform property valuations for the Department of the Interior across the entire country, increasing the pool of available experts.
The goal is to accelerate federal land transactions and conservation efforts by removing state-specific licensing barriers for DOI work.
The DOI must report annually to Congress on how the new rules affect the speed and efficiency of the appraisal process.
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Additional Information
Print number: 118_S_3079
Sponsor: Sen. Cortez Masto, Catherine [D-NV]
Process start date: 2023-10-18
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Accelerating Appraisals and Conservation Efforts Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_3079.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-10-18.

What are the main provisions?

Key points include:

  • Real estate appraisers need only one state license to perform property valuations for the Department of the Interior across the entire country, increasing the pool of available experts.
  • The goal is to accelerate federal land transactions and conservation efforts by removing state-specific licensing barriers for DOI work.
  • The DOI must report annually to Congress on how the new rules affect the speed and efficiency of the appraisal process.
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 Sen. Cortez Masto, Catherine [D-NV].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Real Estate Public Investments