# 118-hr-5443: AACE Act

118-hr-5443, AACE Act, is a 118th Congress bill sponsored by Rep. Lee, Susie [D-NV-3] (D-NV); status became_law; PRIA reads it as touching household money (as of 2026-01-04).

- Canonical: https://policyrisk.com/legislation/118-hr-5443
- As of: 2026-01-04
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 118-hr-5443
- Congress: 118
- Title: AACE Act
- Status: became_law
- Introduced: 2023-09-13
- Sponsor: Rep. Lee, Susie [D-NV-3] (D-NV)
- Cosponsors: 13
- Policy area: Public Lands and Natural Resources
- Touches household money: yes
- Last recorded action: 2026-01-04

## Summary

**Accelerates and standardizes appraisal and valuation services for real property under the Department of the Interior.** This law sets a single framework to speed appraisals while aiming to keep appraiser independence, objectivity, and quality intact. - Appraisers: Creates a defined "covered appraiser" role and lets a person licensed or certified in one State perform Interior appraisals under the new rules. The Secretary must generally prefer a certified general real property appraiser licensed where the property is located, with limited exceptions for availability, qualification, or cost. - Federal property transactions and operations: Centralizes licensing and broadens the pool of acceptable non‑Federal appraisers to help move valuations faster. All policies, manuals, and guidance about scoping, contracting, and review must be published publicly within 90 days. - States and oversight: Preserves applicable Federal and State laws unless specifically changed and protects pre‑enactment State licensing requirements from applying to Interior‑jurisdiction transactions. The law requires an initial report within 1 year and annual reports for at least 4 years on usage, workforce effects, and case‑by‑case decisions.

## Cosponsors (13)

- Rep. Joyce, David P. [R-OH-14] (R-OH), 2023-09-13T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2023-11-01T00:00:00.000Z
- Rep. Peters, Scott H. [D-CA-50] (D-CA), 2023-11-13T00:00:00.000Z
- Rep. Garbarino, Andrew R. [R-NY-2] (R-NY), 2023-11-21T00:00:00.000Z
- Rep. Edwards, Chuck [R-NC-11] (R-NC), 2024-02-14T00:00:00.000Z
- Rep. Panetta, Jimmy [D-CA-19] (D-CA), 2024-02-26T00:00:00.000Z
- Rep. Lawler, Michael [R-NY-17] (R-NY), 2024-02-26T00:00:00.000Z
- Rep. D'Esposito, Anthony [R-NY-4] (R-NY), 2024-03-01T00:00:00.000Z
- Del. Moylan, James C. [R-GU-At Large] (R-GU), 2024-03-11T00:00:00.000Z
- Rep. Ciscomani, Juan [R-AZ-6] (R-AZ), 2024-03-19T00:00:00.000Z
- Rep. Titus, Dina [D-NV-1] (D-NV), 2024-04-05T00:00:00.000Z
- Rep. Amodei, Mark E. [R-NV-2] (R-NV), 2024-04-20T00:00:00.000Z
- Rep. Horsford, Steven [D-NV-4] (D-NV), 2024-04-26T00:00:00.000Z

## Provisions PRIA read

- More transparency in Interior appraisals: benefit, low. The Department of the Interior must post all appraisal policies, manuals, guidance, handbooks, and procedures online within 90 days and provide them on request. Within 1 year of enactment, and then each year for at least four more years, the Secretary must report to Congress. Each report compares h…
- Appraisers can work across states for Interior: mixed, low. The law lets a State‑licensed or certified real property appraiser use one State license to do Interior appraisals in any State. This applies only to transactions under the Secretary of the Interior’s jurisdiction. The Secretary must try to use an in‑State certified general appraiser. An out‑of‑sta…

## Related bills

- 118-hr-5009: Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025
- 118-hr-2882: Further Consolidated Appropriations Act, 2024
- 118-hres-771: Standing with Israel as it defends itself against the barbaric war launched by Hamas and other terrorists.
- 118-hr-1096: 250th Anniversary of the United States Marine Corps Commemorative Coin Act
- 118-hres-768: Standing with Israel as it defends itself against the barbaric war launched by Hamas and other terrorists.
- 118-hr-2407: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act

## Sources
- [118-hr-5443 on Congress.gov](https://www.congress.gov/bill/118th-congress/house-bill/5443)

## Related
- [118-hr-5009: Servicemember Quality of Life Improvement and National Defense Authorization Ac…](https://policyrisk.com/legislation/118-hr-5009)
- [118-hr-2882: Further Consolidated Appropriations Act, 2024](https://policyrisk.com/legislation/118-hr-2882)
- [118-hres-771: Standing with Israel as it defends itself against the barbaric war launched by…](https://policyrisk.com/legislation/118-hres-771)
- [118-hr-1096: 250th Anniversary of the United States Marine Corps Commemorative Coin Act](https://policyrisk.com/legislation/118-hr-1096)
- [118-hres-768: Standing with Israel as it defends itself against the barbaric war launched by…](https://policyrisk.com/legislation/118-hres-768)
- [118-hr-2407: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/118-hr-2407)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/118-hr-5443 (as of 2026-01-04).