# 119-s-5639: Portal for Appraisal Licensing Act of 2026

119-s-5639, Portal for Appraisal Licensing Act of 2026, is a 119th Congress bill sponsored by Sen. Rounds, Mike [R-SD] (R-SD); status introduced; PRIA reads it as touching household money (as of 2026-10-21).

- Canonical: https://policyrisk.com/legislation/119-s-5639
- As of: 2026-10-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-5639
- Congress: 119
- Title: Portal for Appraisal Licensing Act of 2026
- Status: introduced
- Introduced: 2026-09-30
- Sponsor: Sen. Rounds, Mike [R-SD] (R-SD)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-10-21

## Summary

**Creates a centralized Portal for appraiser credentialing and appraisal management company registration** to streamline licensing, renewals, education records, and background checks. The Appraisal Subcommittee would build and operate the cloud-based system while states keep final licensing authority. - Appraisers and appraisal management companies would submit and renew licenses, upload qualifying and continuing education, log experience, share exam results, and pay fees through one Portal. Background checks and fingerprints would flow through the Portal where state law requires them. - State appraiser licensing agencies would gain access to application and renewal data, letters of good standing, and CE approvals through a connected system. The Appraisal Subcommittee would offer grants to help states link their systems. - The Attorney General would provide criminal history to appropriate state officials and the Appraisal Subcommittee could act as a channeling agent to reduce direct FBI contacts. The Portal would allow user fees for setup, maintenance, and background checks, and an advisory committee of appraisers, AMCs, lenders, and state officials would guide development.

## Cosponsors (1)

- Sen. Cortez Masto, Catherine [D-NV] (D-NV), 2026-09-30T00:00:00.000Z

## Provisions PRIA read

- New portal for appraisers and appraisal companies: mixed, low. If enacted, the bill would require the Appraisal Subcommittee to set up and run a cloud-based Portal for appraiser licenses, certifications, and appraisal management company registrations. You would be able to apply, renew, pay fees, and request letters of good standing through the Portal, and Stat…

## Related bills

- 119-s-2234: Reducing Homelessness Through Program Reform Act
- 119-s-3659: SECURE Minerals Act of 2026
- 119-s-1260: Rural Housing Service Reform Act of 2025
- 119-s-890: Choice in Affordable Housing Act of 2025
- 119-s-554: United States-Israel Defense Partnership Act of 2025
- 119-s-390: BADGES for Native Communities Act

## Sources
- [119-s-5639 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/5639)

## Related
- [119-s-2234: Reducing Homelessness Through Program Reform Act](https://policyrisk.com/legislation/119-s-2234)
- [119-s-3659: SECURE Minerals Act of 2026](https://policyrisk.com/legislation/119-s-3659)
- [119-s-1260: Rural Housing Service Reform Act of 2025](https://policyrisk.com/legislation/119-s-1260)
- [119-s-890: Choice in Affordable Housing Act of 2025](https://policyrisk.com/legislation/119-s-890)
- [119-s-554: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-s-554)
- [119-s-390: BADGES for Native Communities Act](https://policyrisk.com/legislation/119-s-390)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-5639 (as of 2026-10-21).
