Sponsors (10)
The bill streamlines and standardizes appraiser licensing and background checks across states via a single Portal and funding mechanism, but concentrates sensitive data and adds fee burdens and federal data‑channeling that raise privacy, cost, and state‑control concerns.
State appraiser licensing agencies, licensed appraisers, and AMCs can use a single federal Portal to submit and process applications and renewals, reducing processing time and administrative burden across states and simplifying multistate licensure.
Applicants and States: the Portal centralizes DOJ/FBI-channel background checks, standardizing and potentially speeding criminal-history checks required for licensing.
State governments and taxpayers: the bill provides grants to States and permits revenue-neutral user fees to fund State integration and Portal operation without increasing recurring federal appropriations.
Appraisers and applicants must submit fingerprints and authorize FBI checks through a centralized Portal, creating concentrated privacy and data‑security risks if the Portal is breached or data mishandled.
Small appraiser businesses and AMCs face direct costs from user fees required to access the Portal and licensing services, which can be burdensome even if billed as revenue‑neutral.
State governments may face legal and administrative concerns from federal channeling of FBI criminal-history information to States, raising questions about federal access, oversight, and state control of licensing processes.
Based on analysis of 2 sections of legislative text.
Creates a cloud-based national portal run by the Appraisal Subcommittee to collect, share, and manage license, certification, registration, and renewal information for real estate appraisers and appraisal management companies (AMCs). The portal will handle application and renewal data, process fees, accept fingerprints and FBI background checks, assign unique identifiers, accept education approvals and completions, and connect with State licensing systems; States keep independent credentialing authority and the Subcommittee may charge revenue-neutral user fees and provide grants to help States connect.
Introduced September 19, 2025 by Barry D. Loudermilk · Last progress September 19, 2025