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Increase the supply of housing in AmericaSection 403 › Proposal

State credentialed trainee appraisers are added to the national registry

To increase the supply of housing in America, and for other purposes, section 403, Sec. 403. Written by .

State credentialed trainee appraisers are added to the national registry

The document says “is amendedWho acts: CongressHow: statuteSec. 403 in the PDF
What the document says

“by inserting ``and State credentialed trainee appraisers'' after ``licensed appraisers''; and”

To increase the supply of housing in America, and for other purposes, Sec. 403

The section amends section 1103(a) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to add State credentialed trainee appraisers alongside licensed appraisers, strikes paragraph (4), and redesignates and rewords the paragraphs that follow.

What the document actually says

“by inserting ``and State credentialed trainee appraisers'' after ``licensed appraisers''; and”

To increase the supply of housing in America, and for other purposes, Sec. 403
That sentence, in plain words

New words go into an older law. They come after words about licensed appraisers. They add appraisers in training who hold a state credential.

What this is about

The national register lists people cleared to appraise. Trainees were not on it before. Now they are.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

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