HR 2553
117th Congress
House
Finance and Financial Sector
Advisory bodies
Congressional oversight
Employment and training programs
Government information and archives
Government lending and loan guarantees
Government studies and investigations
Inflation and prices
Racial and ethnic relations
Real estate business
Real Estate Valuation Fairness and Improvement Act of 2021
Introduced: April 15, 2021
Introduced by:
Cleaver, Emanuel
Democratic
· Missouri
See on congress.gov
Everywhere this bill has been
5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 21, 2021
Ordered to be Reported (Amended) by Voice Vote.
Apr 21, 2021
Committee Consideration and Mark-up Session Held.
Apr 20, 2021
Committee Consideration and Mark-up Session Held.
Apr 15, 2021
Referred to the House Committee on Financial Services.
Apr 15, 2021
Introduced in House
Plain-English summary
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.
What's happening now
Ordered to be Reported (Amended) by Voice Vote.
Committees of jurisdiction
1