I 
119TH CONGRESS 
1ST SESSION H. R. 5520 
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. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 19, 2025 
Mr. LOUDERMILK (for himself, Mr. MEUSER, Mr. FITZGERALD, Ms. LEE of 
Nevada, Mr. NEGUSE, Ms. PETTERSEN, and Mr. KUSTOFF) introduced 
the following bill; which was referred to the Committee on Financial Serv-
ices 
A BILL 
To amend the Financial Institutions Reform, Recovery, and 
Enforcement Act of 1989 to establish a Portal for Ap-
praiser Credentialing and AMC Registration Information, 
and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Portal for Appraisal 
Licensing Act of 2025’’. 
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SEC. 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 pe-
riod on the end and inserting a semicolon; 
(C) in paragraph (5)— 
(i) by striking ‘‘. The report’’ and in-
serting ‘‘, and which’’; and 
(ii) by striking the period on the end 
and inserting a semicolon; 
(D) in paragraph (6), by striking the pe-
riod on the end and inserting ‘‘; and’’; and 
(E) by adding at the end the following: 
‘‘(7) establish and maintain the Portal for Ap-
praiser Credentialing and AMC Registration Infor-
mation described under subsection (c).’’; and 
(2) by adding at the end the following: 
‘‘(c) PORTAL FOR APPRAISER CREDENTIALING AND 
AMC REGISTRATION INFORMATION.— 
‘‘(1) 
IN
GENERAL.—The 
Appraisal 
Sub-
committee shall establish and maintain a cloud- 
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based system to be called the ‘Portal for Appraiser 
Credentialing and AMC Registration Information’ 
(the ‘Portal’), which— 
‘‘(A) shall provide appraisers and appraisal 
management companies a central depository for 
license, certification, and registration applica-
tions and renewals; 
‘‘(B) shall provide connectivity with State 
appraiser certifying and licensing agencies for 
their access to all application and renewal infor-
mation, including completed qualifying and con-
tinuing education, experience logs, examination 
results, background check information, where 
applicable, and any other information the Ap-
praisal Subcommittee determines appropriate 
(after consideration of any advice from the ad-
visory committee established under paragraph 
(6)); 
‘‘(C) shall make available payment of all li-
cense, certification, and registration fees and 
delivery of letters of good standing to State ap-
praiser certifying and licensing agencies; and 
‘‘(D) may utilize an existing platform, if 
available. 
‘‘(2) BACKGROUND CHECKS.— 
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‘‘(A) 
ACCESS
TO
RECORDS.—Notwith-
standing any other provision of law, in pro-
viding appraisal functions, the Attorney General 
shall provide access to all criminal history infor-
mation to the appropriate State officials respon-
sible for regulating State-licensed and State- 
certified appraisers or appraisal management 
companies to the extent criminal history back-
ground checks are required under the laws of 
the State for the licensing or certification of 
such appraisers and registering appraisal man-
agement companies. 
‘‘(B) AGENT.—For the purposes of this 
paragraph and in order to reduce the points of 
contact which the Federal Bureau of Investiga-
tion may have to maintain for purposes of sub-
paragraph (A), the Appraisal Subcommittee 
may be used as a channeling agent of the 
States for requesting and distributing informa-
tion between the Department of Justice and the 
appropriate State agencies. 
‘‘(C) OTHER PERSONS REQUIRING A BACK-
GROUND CHECK.—To the extent FBI criminal 
history background checks are required under 
the laws of a State, appraisers and any other 
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person that may require such a background 
check shall submit fingerprints to the Portal 
and authorize the Appraisal Subcommittee to 
process a criminal background check with the 
Federal Bureau of Investigation. 
‘‘(D) 
TREATMENT
OF
BACKGROUND 
CHECKS.—Background checks completed under 
this paragraph shall satisfy any third-party 
oversight requirements imposed by Federal fi-
nancial institutions regulatory agencies. 
‘‘(3) ADDITIONAL CONTENT INFORMATION.— 
‘‘(A) EDUCATION COURSES.—For purposes 
of the education information maintained by the 
Portal— 
‘‘(i) a State appraiser certifying and 
licensing agency may notify the Portal of 
which particular courses have been ap-
proved by the agency; and 
‘‘(ii) both education providers and 
State appraiser certifying and licensing 
agencies of States may submit to the Por-
tal lists of individuals who have completed 
such courses. 
‘‘(B) UNIQUE
IDENTIFIERS.—The Ap-
praisal Subcommittee shall use a unique identi-
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try associations, appraisers, lenders, appraisal 
management companies, and State appraiser 
certifying and licensing agencies, to be deter-
mined by the Appraisal Subcommittee. 
‘‘(7) FUNDING.— 
‘‘(A) USER FEES.—For the sole purpose of 
paying for the cost of establishing and main-
taining the Portal and carrying out the back-
ground 
checks 
required 
under 
paragraph 
(2)(A), the Appraisal Subcommittee may charge 
a reasonable fee to individuals and appraisal 
management companies making use of the Por-
tal. The fee shall be revenue neutral to the 
costs of developing and maintaining the Portal. 
‘‘(B) STATE GRANTS.—The Appraisal Sub-
committee shall make grants available to State 
appraiser certifying and licensing agencies, in 
accordance with policies to be developed by the 
Appraisal Subcommittee, to support the efforts 
of such agencies to connect State systems with 
the Portal.’’. 
Æ 
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