H.R. 2553: Real Estate Valuation Fairness and Improvement Act of 2021

CBO Score

$189 million

Date of Report

Tue February 22nd, 2022


Fees (removed from estimate)

CBO Report Details

Legislation Details

117th Congress

To establish an interagency Task Force to analyze Federal collateral underwriting standards and guidance, and for other purposes.

Sponsor: Rep. Emanuel Cleaver — D — MO

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 ed...

View the full vote history of this bill on GovTrack.us.

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