S.Amdt. 3439

SA 3439. Mr. RISCH submitted an amendment intended to be proposed by
him to the bill H.R. 6147, making appropriations for the Department of
the Interior, environment, and related agencies for the fiscal year
ending September 30, 2019, and for other purposes; which was ordered to
lie on the table; as follows:

At the appropriate place, insert the following:
Sec. __. (a) Section 7(a)(29) of the Small Business Act (15
U.S.C. 636(a)(29)) is amended--
(1) by redesignating subparagraphs (A) and (B) as clauses
(i) and (ii), respectively, and adjusting the margins
accordingly;
(2) by striking ``With respect to'' and inserting the
following:
``(A) In general.--With respect to'';
(3) in clause (i), as so redesignated, by striking ``for
more than $250,000'' and inserting ``, if such loan is in an
amount greater than the Federal banking regulator appraisal
threshold'';
(4) in clause (ii), as so redesignated, by striking ``for
$250,000 or less'' and inserting ``, if such loan is in an
amount equal to or less than the Federal banking regulator
appraisal threshold''; and
(5) by adding at the end the following:
``(B) Federal banking regulator appraisal threshold
defined.--For purposes of this paragraph, the term `Federal
banking regulator appraisal threshold' means the lesser of
the threshold amounts set by the Board of Governors of the
Federal Reserve System, the Comptroller of the Currency, and
the Federal Deposit Insurance Corporation for when a
federally related transaction that is a commercial real
estate transaction requires an appraisal prepared by a State
licensed or certified appraiser.''.
(b) Section 502(3)(E)(ii) of the Small Business Investment
Act of 1958 (15 U.S.C. 696(3)(E)(ii)) is amended--
(1) by redesignating subclauses (I) and (II) as items (aa)
and (bb), respectively, and adjusting the margins
accordingly;
(2) by striking ``With respect to'' and inserting the
following:

``(I) In general.--With respect to'';

(3) in item (aa), as so redesignated, by striking ``is more
than $250,000'' and inserting ``is more than the Federal
banking regulator appraisal threshold'';
(4) in item (bb), as so redesignated, by striking ``is
$250,000 or less'' and inserting ``is equal to or less than
the Federal banking regulator appraisal threshold''; and
(5) by adding at the end the following:

``(II) Federal banking regulator appraisal threshold
defined.--For purposes of this clause, the term `Federal
banking regulator appraisal threshold' means the lesser of
the threshold amounts set by the Board of Governors of the
Federal Reserve System, the Comptroller of the Currency, and
the Federal Deposit Insurance Corporation for when a
federally related transaction that is a commercial real
estate transaction requires an appraisal prepared by a State
licensed or certified appraiser.''.

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