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Real Estate Valuation Fairness and Improvement Act of 2021

USA117th CongressHR-2553| House 
| Updated: 4/21/2021
Emanuel Cleaver

Emanuel Cleaver

Democratic Representative

Missouri

Cosponsors (6)
Ritchie Torres (Democratic)Sheila Jackson Lee (Democratic)Shontel M. Brown (Democratic)Bobby L. Rush (Democratic)Suzanne Bonamici (Democratic)Cori Bush (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Real Estate Valuation Fairness and Improvement Act of 2021 This bill establishes the Interagency Task Force on Real Estate Valuation to harmonize among specified agencies and entities the underwriting standards that govern residential and commercial real estate valuations. The task force must also study racial disparities in the valuation and price of certain residential real estate. The bill also establishes a grant program for states, nonprofit organizations, and institutions of higher education to promote diversity and inclusion in the appraisal profession.
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Timeline
Apr 15, 2021
Introduced in House
Apr 15, 2021
Referred to the House Committee on Financial Services.
Apr 20, 2021
Committee Consideration and Mark-up Session Held.
Apr 21, 2021
Ordered to be Reported (Amended) by Voice Vote.
Apr 21, 2021
Committee Consideration and Mark-up Session Held.
  • April 15, 2021
    Introduced in House
  • April 15, 2021
    Referred to the House Committee on Financial Services.
  • April 20, 2021
    Committee Consideration and Mark-up Session Held.
  • April 21, 2021
    Ordered to be Reported (Amended) by Voice Vote.
  • April 21, 2021
    Committee Consideration and Mark-up Session Held.

Finance and Financial Sector

Advisory bodiesCongressional oversightEmployment and training programsGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigationsInflation and pricesRacial and ethnic relationsReal estate business

Real Estate Valuation Fairness and Improvement Act of 2021

USA117th CongressHR-2553| House 
| Updated: 4/21/2021
Real Estate Valuation Fairness and Improvement Act of 2021 This bill establishes the Interagency Task Force on Real Estate Valuation to harmonize among specified agencies and entities the underwriting standards that govern residential and commercial real estate valuations. The task force must also study racial disparities in the valuation and price of certain residential real estate. The bill also establishes a grant program for states, nonprofit organizations, and institutions of higher education to promote diversity and inclusion in the appraisal profession.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 15, 2021
Introduced in House
Apr 15, 2021
Referred to the House Committee on Financial Services.
Apr 20, 2021
Committee Consideration and Mark-up Session Held.
Apr 21, 2021
Ordered to be Reported (Amended) by Voice Vote.
Apr 21, 2021
Committee Consideration and Mark-up Session Held.
  • April 15, 2021
    Introduced in House
  • April 15, 2021
    Referred to the House Committee on Financial Services.
  • April 20, 2021
    Committee Consideration and Mark-up Session Held.
  • April 21, 2021
    Ordered to be Reported (Amended) by Voice Vote.
  • April 21, 2021
    Committee Consideration and Mark-up Session Held.
Emanuel Cleaver

Emanuel Cleaver

Democratic Representative

Missouri

Cosponsors (6)
Ritchie Torres (Democratic)Sheila Jackson Lee (Democratic)Shontel M. Brown (Democratic)Bobby L. Rush (Democratic)Suzanne Bonamici (Democratic)Cori Bush (Democratic)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Advisory bodiesCongressional oversightEmployment and training programsGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigationsInflation and pricesRacial and ethnic relationsReal estate business