S. 1635In Committee
Appraisal Industry Improvement Act
Revises eligibility and oversight rules for federally related real estate appraisals, including appraiser licensing, trainee participation, and workforce support
Plain-English overview
What this bill does
Revises eligibility and oversight rules for federally related real estate appraisals, including appraiser licensing, trainee participation, and workforce support
Key points
- Modify appraiser eligibility criteria
- Allow trainee appraisal assistance
- Expand trainee registry inclusion
- Fund state appraiser workforce grants
Current status
Where it stands
Status
In Committee
Latest action
2025-05-07 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related context
Topics and policy areas
undefinedFinance and Financial Sector