Real Estate Valuation Fairness and Improvement Act of 2021
Summary
Real Estate Valuation Fairness and Improvement Act of 2021 This bill establishes the Interagency Task Force on Real Estate Valuation to harmonize among specified agencies and entities the underwriting standards that govern residential and commercial real estate valuations. The task force must also study racial disparities in the valuation and price of certain residential real estate. The bill also establishes a grant program for states, nonprofit organizations, and institutions of higher education to promote diversity and inclusion in the appraisal profession.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2021
Committee Review
Floor Vote
President
Introduced Apr 15, 2021
Last action Apr 21, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
2
Committee
3
Amendments
1
Apr 21, 2021
Introduced
Ordered to be Reported (Amended) by Voice Vote.
lower
Apr 21, 2021
Lower · Passed
Committee Consideration and Mark-up Session Held.
lower
Apr 20, 2021
Lower · Passed
Committee Consideration and Mark-up Session Held.
lower
Apr 15, 2021
Committee
Referred to the House Committee on Financial Services.
lower
Apr 15, 2021
Introduced
Introduced in House
lower
1 primary · 6 co-sponsors
Sponsors
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