,,ii  #aae? ,,congress  #b;d ,session   
,s4 #ceeb  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,octob] #e1 #bjah,mr4  
,ris* introduc$ ! foll[+ bill2 :i* 0    
read twice & ref]r$ to ! ,committee on  
,small ,bus9ess & ,entrepr5eur%ip  ,a   
,,bill  ,to am5d ! ,small ,bus9ess ,act 
to adju/ ! real e/ate appraisal ?re%olds
 "u ! #g7;a7 program ( ! ,small ,bus9ess
 ,adm9i/ration to br+ ^? ?re%olds into  
l9e ) ! ?re%olds us$ by ! ,f$]al bank+  
regulators1 & = o!r purposes4  #a4 ,%ort
 title ,?is ,act may be cit$ z ! #g7;a7 
,real ,e/ate ,appraisal ,h>monization   
,act4  #b4 ,appraisal ?re%olds ,section 
#g7;a77#bi7 ( ! ,small ,bus9ess ,act    
7#ae ,u4,s4,c4 #fcf7;a77#bi77 is am5d$--
  7#a7 by r$esignat+ subp>agraphs 7,a7 &
 7,b7 z clauses 7i7 & 7ii71             
respectively1 & adju/+ ! m>g9s          
accord+ly2  7#b7 9 ! matt] prec$+ clause
 7i71 z s r$esignat$1 by /rik+ ,)       
respect to & ins]t+ ! foll[+3  7,a7 ,9  
g5]al ,) respect to  2  7#c7 9          
subp>agraph 7,a71 z s r$esignat$-- 7,a7 

9 clause 7i71 by /rik+ = m ?an #bej1jjj 
& ins]t+ t is 9 an am\nt t is great] ?an
 ! ,f$]al bank+ regulator appraisal     
?re%old2 &  7,b7 9 clause 7ii71 by /rik+
 = #bej1jjj or less & ins]t+ t is 9 an  
am\nt t is n m ?an ! ,f$]al bank+       
regulator appraisal ?re%old2 &  7#d7 by 
add+ at ! end ! foll[+3  7,b7 ,f$]al    
bank+ regulator appraisal ?re%old def9$ 
,9 ?is p>agraph1 ! t]m ,f$]al bank+     
regulator appraisal ?re%old means !     
less] ( ! ?re%old am\nts set by ! ,bo>d 
( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em1 !
 ,comptroll] ( ! ,curr5cy1 & ! ,f$]al   
,deposit ,insurance ,corporation = :5 a 
f$]ally relat$ transaction t is a       
comm]cial real e/ate transaction        
requires an appraisal prep>$ by a ,/ate 
lic5s$ or c]tifi$ apprais]4  4