<?xml version="1.0" encoding="UTF-8"?><BillSummaries>
<item congress="115" measure-type="hr" measure-number="6347" measure-id="id115hr6347" originChamber="HOUSE" orig-publish-date="2018-07-12" update-date="2019-01-03">
<title>7(a) Real Estate Appraisal Harmonization Act</title>
<summary summary-id="id115hr6347v49" currentChamber="BOTH" update-date="2019-01-03">
<action-date>2018-12-21</action-date>
<action-desc>Public Law</action-desc>
<summary-text><![CDATA[<p><b>7(a) Real Estate Appraisal Harmonization Act </b></p> <p>(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.)</p>]]></summary-text>
</summary>
<summary summary-id="id115hr6347v81" currentChamber="HOUSE" update-date="2018-10-01">
<action-date>2018-09-25</action-date>
<action-desc>Passed House without amendment</action-desc>
<summary-text><![CDATA[<p><b>7(a) Real Estate Appraisal Harmonization Act </b></p> <p>(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.)</p>]]></summary-text>
</summary>
<summary summary-id="id115hr6347v79" currentChamber="HOUSE" update-date="2018-09-27">
<action-date>2018-09-12</action-date>
<action-desc>Reported to House without amendment</action-desc>
<summary-text><![CDATA[<p><b>7(a) Real Estate Appraisal Harmonization Act </b></p> <p>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.)</p>]]></summary-text>
</summary>
<summary summary-id="id115hr6347v00" currentChamber="HOUSE" update-date="2018-09-25">
<action-date>2018-07-12</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p><b>7(a) Real Estate Appraisal Harmonization Act </b></p> <p>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.)</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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</BillSummaries>
