S 2692 United States Senate · 118th Congress

Portal for Appraisal Licensing Act of 2023

This bill creates a centralized online portal for appraisers and appraisal management companies (AMCs) to handle licensing, certification, and registration processes. It requires the Appraisal Subcommittee to establish a cloud-based system where users submit applications, pay fees, and complete background checks, while connecting state licensing agencies to access all relevant applicant information. The portal streamlines state agency access to education records, experience logs, and criminal history checks processed through the FBI, with states retaining final licensing authority. Fees for portal use are set to be revenue-neutral, and states may receive grants to connect their systems to the portal.
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2023
Committee Review
Floor Vote
President
Introduced Jul 27, 2023 Last action Jul 27, 2023
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jul 27, 2023
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Jul 27, 2023
Introduced
Introduced in Senate
upper
1 primary · 3 co-sponsors

Sponsors