7(a) Real Estate Appraisal Harmonization Act
Public Law 115-370 · H.R. 6347 · 115th Congress · began in the House
Signed by Donald Trump (R) on Dec 21, 2018 · Finance and Financial Sector
Sponsor: Rep. Dwight Evans (D-PA-2)
Cosponsors (1): Rep. John Curtis
Passage votes
- HouseVoice vote
- SenateVoice vote
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
7(a) Real Estate Appraisal Harmonization Act
(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.)
Committees
The committees the bill was sent to, and what each did with it.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Related bills
2 bills the Library of Congress relates to this one.
H.R. 6348 · became Public Law 115-371Related bill
Small Business ACE Act
S. 3552Related bill
7(a) Real Estate Appraisal Harmonization Act
Data notes
Related bills are identified by the Congressional Research Service, the House and the Senate: companion and identical bills, bills with similar text, bills that were folded into this law, and rules that brought it to the floor. A bill that is itself a public law in this site’s data links here; the others link to Congress.gov.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 18 actions.
- Dec 21, 2018Became lawBecame law · Became Public Law No: 115-370.
- Became lawBecame law · Signed by President.
- FloorFloor · Presented to President.
- Dec 20, 2018FloorFloor · Message on Senate action sent to the House.
- Dec 19, 2018FloorFloor · Passed Senate without amendment by Voice Vote.
- CommitteeCommittee · Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
- Sep 26, 2018CommitteeCommittee · Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Sep 25, 2018FloorFloor · Motion to reconsider laid on the table Agreed to without objection.
- FloorFloor · On motion to suspend the rules and pass the bill Agreed to by voice vote.
- FloorFloor · DEBATE - The House proceeded with forty minutes of debate on H.R. 6347.
- FloorFloor · Considered under suspension of the rules.
- FloorFloor · Mr. Chabot moved to suspend the rules and pass the bill.
- Sep 12, 2018CalendarCalendar · Placed on the Union Calendar, Calendar No. 731.
- CommitteeCommittee · Reported by the Committee on Small Business. H. Rept. 115-940.
- Jul 18, 2018CommitteeCommittee · Ordered to be Reported.
- CommitteeCommittee · Committee Consideration and Mark-up Session Held.
- Jul 12, 2018CommitteeCommittee · Referred to the House Committee on Small Business.
- IntroducedIntroduced · Introduced in House
Data notes
Every action the Library of Congress lists for the bill, from introduction to signing, plus the dated committee hearings. The source lists many steps twice (the chamber’s own entry and the Library of Congress copy, or a presidential and a became-law entry with the same words); those are shown once. Amendments are listed in their own section.
Amendments
No amendments to this bill are on record.
Data notes
Amendments offered to this bill in either chamber, as the Library of Congress records them: each with a status read from its last recorded step: agreed to, rejected, withdrawn, ruled out of order, fell with another amendment, or offered with no vote recorded (most Senate amendments are only ever offered). The wording of each amendment is the source’s. Amendments to amendments and amendments to other bills are not listed.
Official record
The bill’s full text is on Congress.gov. Data through Oct 7, 2026.