Update on Bill HF737/SF785
Joe Ibach, MAI, recently was in Washington, D.C. to attend the AARO Conference. While there, he met with staff from Senators’ Rounds (SD) and Hoeven & Heitkamp (ND). Topics of discussion included:
- H.R. 6347 & 6348…two house bills that propose to increase the real estate thresholds for major SBA loans. Not good for the appraisal professional. Will be urging Senators to oppose.
- Update Senators’ staff about the ND appraiser waiver.
- Update status of Practical Application of Real Estate Appraisal (PAREA)…need to keep pressure on AQB to move forward ASAP!