U.S. Congress legislation · 119th Congress
SB5639: Portal for Appraisal Licensing Act of 2026
Status: In committee, September 30, 2026
A bill to amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Portal for Appraiser Credentialing and AMC Registration Information, and for other purposes.
What the bill says
To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Portal for Appraiser Credentialing and AMC Registration Information, and for other purposes.
From the introduced text, September 30, 2026:
A BILL To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Portal for Appraiser Credentialing and AMC Registration Information, and for other purposes. SECTION 1. Short title This Act may be cited as the Portal for Appraisal Licensing Act of 2026 . SECTION 2. Portal for Appraiser Credentialing and AMC Registration Information Section 1103 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ( 12 U.S.C. 3332 ) is amended-- (1) in subsection (a)-- (A) in paragraph (3), by striking and at the end; (B) in paragraph (4), by striking the period on the end and inserting a semicolon; (C) in paragraph (5)-- (i) by striking . The report and inserting , and which ; and (ii) by striking the period on the end and inserting a semicolon; (D) in paragraph (6), by striking the period on the end and inserting ; and ; and (E) by adding at the end the and (2) by adding at the end the following: (c) Portal for Appraiser Credentialing and AMC Registration Information (1) In general The Appraisal Subcommittee shall establish and maintain a cloud-based system to be called the Portal for Appraiser Credentialing and AMC Registration Information (referred to in this subsection as the Portal ), which-- (A) shall provide appraisers and appraisal management …
Sponsors
- Rounds, Mike (R) · primary sponsor
- Cortez Masto, Catherine (D)
Latest actions
- : Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- : Introduced in Senate
Subjects: Finance and Financial Sector
Common questions
- What is SB5639?
- SB5639 is a bill in Congress (119th Congress): Portal for Appraisal Licensing Act of 2026.
- What does SB5639 do?
- In its own words: To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a Portal for Appraiser Credentialing and AMC Registration Information, and for other purposes.
- What is the status of SB5639?
- In committee as of September 30, 2026. Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (September 30, 2026).
- Who sponsored SB5639?
- Rounds, Mike (R), with 1 co-sponsor.
- Where is the official record for SB5639?
- On the Congress website: https://www.congress.gov/bill/119th-congress/senate-bill/5639
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.