United StatesSenate Bill 638S 638

Amend the Act of June 22, 1948.

Agriculture and Food

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Last progress February 19, 2025 (9 months ago)

Introduced on February 19, 2025 by Tina Smith

Sponsors (2)

House Votes

Vote Data Not Available

Senate Votes

Pending Committee

February 19, 2025 (9 months ago)

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

This bill updates part of a 1948 law by changing the wording used for appraisals. It replaces an old reference with language about using the “fair appraised value,” aiming to make clear that valuations under that law should be based on a fair appraisal of the property involved.

Key points:

Who is affected: Federal agencies and anyone involved in property appraisals under the 1948 law.
What changes: An outdated phrase is replaced with wording that emphasizes using the fair appraised value in appraisals.
When: Would take effect after it becomes law.

Amend the Act of June 22, 1948.

Sponsors (2)

House Votes

Senate Votes

Presidential Signature

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