Appraisal Fee Transparency Act of 2019

United States116th CongressHR-3619House of Representatives
Updated: Sep 23, 2019

Summary

Appraisal Fee Transparency Act of 2019 This bill revises provisions related to real estate appraisals. Specifically, the bill adds trainee appraisers to the National Registry of Appraisers, allows the Federal Financial Institutions Examination Council's Appraisal Subcommittee to adjust annual registry fees for appraisal management companies, requires the disclosure of appraisal fees in the case of an appraisal coordinated by an appraisal management company, allows nonprofit organizations and institutions of higher education to receive certain grants, and adds a designee of the Department of Veterans Affairs to the Appraisal Subcommittee.

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Timeline

  1. Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7804)

  2. On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7804)

    House of Representatives

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

    House of Representatives

  4. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate