#aah? ,,congress  #b;d ,session  ,h4 ,r4
 #eddc  ,,an ,,act  ,to e/abli% a policy
 reg>d+ appraisal & valuation s]vices = 
real prop]ty = a transaction ov] :i* !  
,secret>y ( ! ,int]ior has jurisdiction1
 & = o!r purposes4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,accel]at+        
,appraisals & ,cons]vation ,ef=ts ,act  
or ! ,,aace ,act4  #b4 ,appraisal &     
valuation s]vices = real prop]ty  7a7   
,lic5se1 c]tification requirem5t ,a     
cov]$ apprais] ne$s to be lic5s$ or     
c]tifi$ 9 only #a ,/ate to p]=m         
appraisal or valuation s]vices = real   
prop]ty 9 any ,/ate = a transaction ov] 
:i* ! ,secret>y has jurisdiction4  7b7  
,use ( non-,f$]al cov]$ apprais]s ,if ! 
,secret>y uses a non-,f$]al cov]$       
apprais] to p]=m appraisal or valuation 
s]vices = real prop]ty = a transaction  
describ$ 9 subsection 7a71 ! ,secret>y--
 7#a7 %all1 to ! maximum ext5t          
practicable1 use a non-,f$]al cov]$     
apprais] :o is a c]tifi$ g5]al real     
prop]ty apprais] lic5s$ 9 a ,/ate 9 :i* 

! real prop]ty t is ! subject ( !       
transaction is locat$2 &  7#b7 may only 
use a non-,f$]al cov]$ apprais] :o is a 
c]tifi$ g5]al real prop]ty apprais]     
lic5s$ 9 a ,/ate o!r ?an "o 9 :i* ! real
 prop]ty t is ! subject ( ! transaction 
is locat$ if a non-,f$]al cov]$ apprais]
 describ$ 9 p>agraph 7#a7 is1 z det]m9$ 
by ! ,secret>y-- 7,a7 unavailable to    
complete an assignm5t )9 a reasonable   
p]iod ( "t2  7,b7 n assignm5t qualifi$2 
or  7,c7 n co/ competitive4  7c7 ,report
 ,n lat] ?an #a ye> aft] ! date ( !     
enactm5t ( ?is section1 & annually      
!reaft] = at lea/ ! foll[+ #d ye>s1 !   
,secret>y %all submit to ,congress a    
report t includes ! foll[+3 7#a7 ,a     
comp>ison us+ quantitative data (--     
7,a7 ! numb] ( reque/s = appraisal &    
valuation s]vices receiv$ by ! ,dep>tm5t
 dur+ ! report+ p]iod & ! numb] (       
reque/s = su* s]vices receiv$ by !      
,dep>tm5t 9 ea* ( ! #e ye>s be=e !      
report+ p]iod2 &  7,b7 ! am\nt ( "t     
requir$ = ! ,dep>tm5t to complete a     

reque/ = appraisal or valuation s]vices 
be=e ! date ( ! enactm5t ( ?is section &
 aft] ! date ( ! enactm5t ( ?is section4
  7#b7 ,a qualitative assessm5t ( !     
impact ( subsection 7a7 9 provid+       
flexibility to ! ,secret>y :5 contract+ 
) non-,f$]al cov]$ apprais]s4  7#c7     
,recomm5dations1 if any1 = congressional
 action t c\ld help ! ,dep>tm5t op]ate m
 effici5tly or ov]come *all5ges )       
respect to timely completion ( reque/s =
 appraisal or valuation s]vices :ile    
ensur+ ! indep5d5ce1 imp>tiality1 &     
objectivity ( su* s]vices4  7#d7 ,an    
ov]view ( ! work=ce ( ! ,dep>tm5t )     
reg>d to appraisal & valuation s]vices  
provid$ by ! ,dep>tm5t1 includ+ hir+ &  
/aff+ dur+ ! report+ p]iod ) respect to 
employees & contractors ( ! ,dep>tm5t4  
7#e7 ,a complete li/ ( cases 9 :i* !    
au?ority grant$ "u section #b ( ?is ,act
 0 us$ dur+ ! report+ p]iod1 describ+ = 
ea* case ! specific crit]ia us$ to      
satisfy ! conditions ( ?is ,act4  7d7   
,/atutory cl>ifications  7#a7           

,applicability ( relevant laws &        
regulations ,except z provid$ 9 p>agraph
 7#c71 no?+ 9 ?is section %all be       
int]pret$ to affect ! application ( any 
,f$]al or ,/ate law or regulation to a  
non-,f$]al cov]$ apprais] ) reg>d to !  
p]=mance by su* non-,f$]al cov]$        
apprais] ( appraisal & valuation s]vices
 = real prop]ty4  7#b7 ,jurisdiction    
requirem5t ,no?+ 9 ?is section %all be  
int]pret$ to au?orize a non-,f$]al cov]$
 apprais] to p]=m appraisal & valuation 
s]vices = real prop]ty 9 a ,/ate 9 :i*  
su* non-,f$]al cov]$ apprais] is n      
lic5s$ or c]tifi$ to p]=m su* s]vices   
except to ! ext5t t su* s]vices are     
p]=m$ = a transaction ov] :i* !         
,secret>y has jurisdiction4  7#c7       
,nonapplicability ( c]ta9 relevant laws 
& regulations ,any provision ( a ,f$]al 
or ,/ate law or regulation enact$ be=e !
 date ( ! enactm5t ( ?is section t      
requires a cov]$ apprais] to be lic5s$  
or c]tifi$ 9 a specific ,/ate to p]=m   
appraisal or valuation s]vices = real   

prop]ty 9 t ,/ate %all n apply to any   
transaction ov] :i* ! ,secret>y has     
jurisdiction4  7e7 ,public availability 
,n lat] ?an #ij days aft] ! enactm5t (  
?is ,act1 ! text ( all policies 7includ+
 any successor policies71 includ+       
ref]5ce manuals1 guidance docum5ts1     
h&books1 /&>d op]at+ proc$ures1 &       
/atem5ts ( policy specific to ! scop+1  
contract+1 & review ( appraisals p]=m$ =
 ! ,dep>tm5t by ,f$]al or non-,f$]al    
cov]$ apprais]s1 %all be made publicly  
available onl9e & provid$ ^u reque/4    
7f7 ,def9itions ,9 ?is section3 7#a7    
,cov]$ apprais] ,! t]m cov]$ apprais]   
means a ,/ate-lic5s$ or -c]tifi$ real   
prop]ty apprais]4  7#b7 ,dep>tm5t ,! t]m
 ,dep>tm5t means ! ,dep>tm5t ( !        
,int]ior4  7#c7 ,report+ p]iod ,! t]m   
report+ p]iod means ! #a-ye> p]iod be=e 
! date on :i* a report is submitt$ "u   
subsection 7c74  7#d7 ,secret>y ,! t]m  
,secret>y means ! ,secret>y ( !         
,int]ior4  7#e7 ,/ate ,! t]m ,/ate means
 ea* ( ! sev]al ,/ates1 ! ,di/rict (    

,columbia1 & ea* t]ritory & possession (
 ! ,unit$ ,/ates4  ,pass$ ! ,h\se (     
,repres5tatives ,july #h1 #bjbd4;,cl]k4