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

117th Congress · introduced 2021-04-15 · Finance and Financial Sector · Latest: Ordered to be Reported (Amended) by Voice Vote.

federal

Follow this bill, step by step

Where it came from: introduced 2021-04-15 · official record
Who proposed it: Rep. Cleaver, Emanuel [D-MO-5] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Ordered to be Reported (Amended) by Voice Vote. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Real Estate Valuation Fairness and Improvement Act of 2021

Plain summary

Real Estate Valuation Fairness and Improvement Act of 2021 This bill 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 education to promote diversity and inclusion in the appraisal profession.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Real Estate Valuation Fairness and Improvement Act of 2021

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Cleaver, Emanuel [D-MO-5] · 6 cosponsors

Cost estimate: CBO cost estimate: H.R. 2553, Real Estate Valuation Fairness and Improvement Act of 2021 (2022-02-22)

Cosponsors on this site

Ritchie Torres (D-NY), Shontel M. Brown (D-OH), Suzanne Bonamici (D-OR)

Sponsor's campaign money: Rep. Cleaver, Emanuel [D-MO-5] reported raising $1.8 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Appraisal: An estimate of what property is worth. In Texas, county appraisal districts set the value that property taxes are based on.
Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr2553.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>

Record fed-us-cong117-hr2553 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117