Bill journey · stage 1 of 5
Just introduced
What it doesSummary reported to senate without amendment (Oct 11, 2018)
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.)
What just happenedDec 19, 2018
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-437.
Who’s behind it
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-437.
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-437.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 632.
Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment. Without written report.
Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment. Without written report.
Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Introduced in Senate
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.)
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.)