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Public Law115th CongressFinance and Financial Sector
H.R. 6347Became Law

7(a) Real Estate Appraisal Harmonization Act

This bill became law

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Law

What it doesSummary public law (Dec 21, 2018)

7(a) Real Estate Appraisal Harmonization Act

(Sec. 2) 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 21, 2018

Became Public Law No: 115-370.

Who’s behind it

Rep. Evans, Dwight [D-PA-2](D-PA)Sponsor
1 cosponsor1 R
Read on Congress.gov
1cosponsors2committees26actions2related bills4subjects
  1. Dec 21, 2018President

    Became Public Law No: 115-370.

  2. Dec 21, 2018BecameLaw36000

    Became Public Law No: 115-370.

  3. Dec 21, 2018President

    Signed by President.

  4. Dec 21, 2018BecameLaw36000

    Signed by President.

  5. Dec 21, 2018Floor

    Presented to President.

  6. Dec 21, 2018President28000

    Presented to President.

  7. Dec 20, 2018Floor

    Message on Senate action sent to the House.

  8. Dec 19, 2018Floor

    Passed Senate without amendment by Voice Vote.

  9. Dec 19, 2018Floor17000

    Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.

  10. Dec 19, 2018Discharge

    Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent. (consideration: S7896-7897)

    Small Business and Entrepreneurship Committee
  11. Dec 19, 2018Committee14500

    Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.(consideration: S7896-7897)

    Small Business and Entrepreneurship Committee
  12. Sep 26, 2018IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Small Business and Entrepreneurship Committee
  13. Sep 25, 2018FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  14. Sep 25, 2018FloorH37300

    On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8803-8804)

  15. Sep 25, 2018Floor8000

    Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H8803-8804)

  16. Sep 25, 2018FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 6347.

  17. Sep 25, 2018FloorH30000

    Considered under suspension of the rules. (consideration: CR H8803-8804)

  18. Sep 25, 2018FloorH30300

    Mr. Chabot moved to suspend the rules and pass the bill.

  19. Sep 12, 2018CalendarsH12410

    Placed on the Union Calendar, Calendar No. 731.

  20. Sep 12, 2018CommitteeH12200

    Reported by the Committee on Small Business. H. Rept. 115-940.

    Small Business Committee
  21. Sep 12, 2018Committee5000

    Reported by the Committee on Small Business. H. Rept. 115-940.

    Small Business Committee
  22. Jul 18, 2018Committee

    Ordered to be Reported.

    Small Business Committee
  23. Jul 18, 2018Committee

    Committee Consideration and Mark-up Session Held.

    Small Business Committee
  24. Jul 12, 2018IntroReferralH11100

    Referred to the House Committee on Small Business.

    Small Business Committee
  25. Jul 12, 2018IntroReferralIntro-H

    Introduced in House

  26. Jul 12, 2018IntroReferral1000

    Introduced in House

Public LawDec 21, 201849

7(a) Real Estate Appraisal Harmonization Act

(Sec. 2) 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.)

Passed House without amendmentSep 25, 201881

7(a) Real Estate Appraisal Harmonization Act

(Sec. 2) 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.)

Reported to House without amendmentSep 12, 201879

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.)

Introduced in HouseJul 12, 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.)

7(a) Real Estate Appraisal Harmonization Act — Informed