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Bills
Senate Bill 3552
115th Congress(2017-2018)
7(a) Real Estate Appraisal Harmonization Act
Introduced
Introduced
Introduced in Senate on Oct 5, 2018
Overview
Text
Sponsor
Republican
Introduced
Oct 5, 2018
Latest Action
Dec 19, 2018
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3552
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Republican
Jim Risch
Idaho
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

7(a) Real Estate Appraisal Harmonization Act

This bill amends the Small Business Act to revise the loan amount above which a real estate appraisal is required for a commercial real property securing a small business loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold. (Currently, an appraisal is required for a loan of more than $250,000.)

Text (2)
Reported to Senate
October 11, 2018
Introduced in Senate
October 5, 2018
Related Bills (2)
Dec 21, 2018
Became Public Law 115-371
2
Sponsorship
House Bill 6348
Small Business ACE Act
Became Law
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Dec 21, 2018
Became Public Law 115-370
2
Sponsorship
House Bill 6347
7(a) Real Estate Appraisal Harmonization Act
Became Law
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
House
Actions (6)
12/19/2018
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-437.
10/11/2018
Placed on Senate Legislative Calendar under General Orders. Calendar No. 632.
10/11/2018
Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment. Without written report.
10/11/2018
Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
10/05/2018
Read twice and referred to the Committee on Small Business and Entrepreneurship.
10/05/2018
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:41:10 PM
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