Sponsors (10)
The bill modernizes and centralizes appraiser licensing and background checks to cut paperwork, speed transactions, and reduce state implementation costs, but concentrates sensitive data and creates privacy, cybersecurity, and cost-burden risks for appraisers and state governments.
Appraisers, appraisal-management companies (AMCs), and State licensing agencies will use a single cloud portal to submit and access licenses, renewals, education, exam results, letters of good standing, pay fees, and receive digital credentials — reducing paperwork and speeding transactions.
State licensing agencies will receive FBI criminal-history information through a single channeling agent, reducing duplicate DOJ/FBI contacts and lowering administrative burden for background checks.
State governments will have access to grants and the option to adopt an existing platform, which can reduce integration costs and speed implementation compared with building new software from scratch.
Appraisers, people with criminal histories, state agencies, and taxpayers face heightened privacy and cybersecurity risk because centralizing licensing and FBI criminal-history data in one portal creates a high-value target for breaches and large-scale exposure of sensitive records.
Appraisers may face increased tracking and cross-jurisdictional data-matching because the collection of unique identifiers and centralized records can enable broader data linking and surveillance-like uses.
Appraisers and AMCs may incur upfront user fees for credentialing and background checks, imposing out-of-pocket costs that could be burdensome for smaller providers.
Based on analysis of 2 sections of legislative text.
Requires the Appraisal Subcommittee to build and maintain a cloud Portal that centralizes appraiser and AMC credentialing, supports credential submissions and FBI background checks, and connects with States.
Introduced September 19, 2025 by Barry D. Loudermilk · Last progress September 19, 2025
Creates a cloud-based Portal for Appraiser Credentialing and AMC Registration that centralizes licenses, certifications, registrations, renewals, payments, and letters of good standing for real estate appraisers and appraisal management companies (AMCs). The Portal must connect with State appraiser licensing agencies, support submission of education, experience, examinations, and (where required by State law) fingerprint-based FBI criminal-history checks, and may use an existing platform. Directs the Attorney General to provide criminal-history information to State licensing officials for appraisal-related functions and allows the Appraisal Subcommittee to act as a channeling agent between DOJ/FBI and States. States keep independent authority over credentialing decisions. The Subcommittee must form an advisory committee, may charge revenue-neutral user fees to run the Portal, and may provide grants to help States connect to it.