7(a) Real Estate Appraisal Harmonization Act
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HR 6347 — 7(a) Real Estate Appraisal Harmonization Act
Last action — Signed by President.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced July 12, 2018. Enacted.
Summary
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.)
Bill Text
We don't have the full text on file for this bill yet.
Read HR 6347 on the official United States source →Action History
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Signed by President.
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Presented to President.
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Message on Senate action sent to the House.
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Passed Senate without amendment by Voice Vote.
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Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent. (consideration: S7896-7897)
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Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
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Motion to reconsider laid on the table Agreed to without objection.
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On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8803-8804)
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DEBATE - The House proceeded with forty minutes of debate on H.R. 6347.
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Considered under suspension of the rules. (consideration: CR H8803-8804)
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Mr. Chabot moved to suspend the rules and pass the bill.
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Placed on the Union Calendar, Calendar No. 731.
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Reported by the Committee on Small Business. H. Rept. 115-940.
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Ordered to be Reported.
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Committee Consideration and Mark-up Session Held.
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Referred to the House Committee on Small Business.
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Introduced in House
Sponsors
- Dwight Evans · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 6347 do?
- 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.)
- Who sponsors HR 6347?
- HR 6347 is sponsored by Dwight Evans (D).
- What is the current status of HR 6347?
- This bill has been enacted into law. Introduced July 12, 2018. Enacted.
- Where can I track HR 6347?
- Track HR 6347 free on One Click Politics — get push/email alerts when it moves.
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