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115-hr-6347115th Congress

7(a) Real Estate Appraisal Harmonization Act

Sponsored By: Representative Evans, Dwight [D-PA-3]

Unknown

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.)

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Evans, Dwight [D-PA-3]

PA • D

Cosponsors

  • Sen. Curtis, John R. [R-UT]

    UT • R

    Sponsored 7/12/2018

Roll Call Votes

No roll call votes available for this bill.

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