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HOUSE 5443118th CongressBecame Public Law No: 118-230.

AACE Act

Last Action
1/4/2025

Actions

  • 2025-01-04Became Public Law No: 118-230.
  • 2025-01-04Became Public Law No: 118-230.
  • 2025-01-04Signed by President.
  • 2025-01-04Signed by President.
  • 2024-12-27Presented to President.
  • 2024-12-27Presented to President.
  • 2024-12-19Message on Senate action sent to the House.
  • 2024-12-18Passed Senate without amendment by Unanimous Consent. (consideration: CR S7145)
  • 2024-12-18Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
  • 2024-11-21Placed on Senate Legislative Calendar under General Orders. Calendar No. 649.
  • 2024-11-21Committee on Energy and Natural Resources. Reported by Senator Manchin without amendment. Without written report.
  • 2024-11-21Committee on Energy and Natural Resources. Reported by Senator Manchin without amendment. Without written report.
  • 2024-11-19Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.
  • 2024-07-09Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
  • 2024-07-08Motion to reconsider laid on the table Agreed to without objection.

Showing 15 of 20 actions. Full history on Congress.gov.

CRS Summary

As of 2025-01-04 (49)

Accelerating Appraisals and Conservation Efforts Act or AACE Act

This act relaxes requirements for the Department of the Interior in appraising and valuing real property for transactions over which Interior has jurisdiction.

Specifically, a private real property appraiser needs only to be licensed or certified in one state to perform appraisal or valuation services for real property over which Interior has jurisdiction. Currently, if a private assessor is used for a real property transaction within Interior's jurisdiction, that assessor must be licensed or certified in the state where that transaction occurs. 

When using private appraisers, Interior shall, to the maximum extent practicable, use private appraisers who are certified general real property appraisers licensed in the state where the transaction occurs.

Additionally, Interior may use a private appraiser who is licensed outside the state in which the transaction occurs only if private appraisers licensed in that state are unavailable, not assignment qualified, or not cost competitive. Interior must make the text of all policies related to such appraisals public.

Cosponsors (13)

  • David Joyce (R-OH)
  • Brian Fitzpatrick (R-PA)
  • Scott Peters (D-CA)
  • Andrew Garbarino (R-NY)
  • Chuck Edwards (R-NC)
  • Jimmy Panetta (D-CA)
  • Michael Lawler (R-NY)
  • Anthony D'Esposito (R-NY)
  • James Moylan (R-GU)
  • Juan Ciscomani (R-AZ)
  • Dina Titus (D-NV)
  • Mark Amodei (R-NV)
  • Steven Horsford (D-NV)

Subjects

  • Congressional oversight
  • Employee hiring
  • Licensing and registrations

Became law: Pub. L. 118-230

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.