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United States · Bill · S

S. 3552 (115th)

7(a) Real Estate Appraisal Harmonization Act

openUnited States· United States Congress· EN

Introduced

5 October 2018

Last action

19 December 2018 · Committee

Status

By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-437.

Sponsors

James Risch

Subjects

Discovery layer

Source updated

12 August 2025

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.)

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 October 2018

    Introduced

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

    Source: IntroReferral

  2. 5 October 2018

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 11 October 2018

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 632.

    Source: Calendars

  4. 11 October 2018

    Reported

    Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.

    Source: Committee

  5. 11 October 2018

    Reported

    Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment. Without written report.

    Source: Committee

  6. 19 December 2018

    Floor

    By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-437.

    Source: Floor

  7. 19 December 2018

    Committee

    By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-437.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

6 official files

Sponsors

Related records

Sources

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