H.R. 5443House118th Congress (2023-2025)Enacted

AACE Act

Sponsored by Susie LeeRep. Susie Lee (D-NV)
Introduced September 13, 2023

AI-Generated Summary

Updated January 20, 2026 at 11:21 AM UTC

The Accelerating Appraisals and Conservation Efforts (AACE) Act lets a real‑estate appraiser who is licensed or certified in just one state provide appraisal and valuation services for any Department of the Interior transaction, no matter where the property is located. It directs the Secretary to favor local certified general appraisers, requires annual reporting to Congress on the use and efficiency of these services, and makes related policies publicly available online.

Key Provisions

  • A covered appraiser needs a license or certification in only one state to work on any Interior‑jurisdiction transaction nationwide.
  • The Secretary should first use a certified general appraiser licensed in the state where the property is located, and may use an out‑of‑state appraiser only if the local one is unavailable, not qualified, or not cost‑competitive.
  • The Secretary must submit a report to Congress each year for five years detailing request volumes, processing times, workforce data, case examples, and any recommendations for improvement.
  • Existing federal or state laws that require an appraiser to be licensed in the specific state do not apply to Interior‑jurisdiction transactions.
  • All policies, manuals, and guidance related to contracting and reviewing appraisals must be posted online within 90 days of the Act’s enactment.
  • Defines key terms such as “covered appraiser,” “Department,” and “reporting period.”

Legislative Activity

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23 earlier actions
Became Law Latest Action

Became Public Law No: 118-230.

January 4, 2025

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HouseIntro Referral

Introduced in House

September 13, 2023

HouseIntro Referral

Referred to the House Committee on Natural Resources.

September 13, 2023

HouseCommittee

Referred to the Subcommittee on Federal Lands.

January 30, 2024

HouseCommittee

Subcommittee Hearings Held

January 31, 2024

HouseCommittee

Subcommittee on Federal Lands Discharged

March 12, 2024

HouseCommittee

Committee Consideration and Mark-up Session Held

March 12, 2024

HouseCommittee

Ordered to be Reported (Amended) by Unanimous Consent.

March 12, 2024

HouseCommittee

Reported (Amended) by the Committee on Natural Resources. H. Rept. 118-565.

June 27, 2024

HouseCalendars

Placed on the Union Calendar, Calendar No. 467.

June 27, 2024

HouseFloor

Mr. Westerman moved to suspend the rules and pass the bill, as amended.

July 8, 2024 • 4:39 PM

HouseFloor

Considered under suspension of the rules. (consideration: CR H4468-4470)

July 8, 2024 • 4:39 PM

HouseFloor

DEBATE - The House proceeded with forty minutes of debate on H.R. 5443.

July 8, 2024 • 4:39 PM

HouseFloor

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4469)

July 8, 2024 • 4:46 PM

HouseFloor

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4469)

July 8, 2024 • 4:46 PM

HouseFloor

Motion to reconsider laid on the table Agreed to without objection.

July 8, 2024 • 4:46 PM

SenateIntro Referral

Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.

July 9, 2024

SenateCommittee

Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.

November 19, 2024

SenateCommittee

Committee on Energy and Natural Resources. Reported by Senator Manchin without amendment. Without written report.

November 21, 2024

SenateCalendars

Placed on Senate Legislative Calendar under General Orders. Calendar No. 649.

November 21, 2024

SenateFloor

Passed Senate without amendment by Unanimous Consent. (consideration: CR S7145)

December 18, 2024

SenateFloor

Message on Senate action sent to the House.

December 19, 2024

President

Presented to President.

December 27, 2024

Became Law

Signed by President.

January 4, 2025

Became Law

Became Public Law No: 118-230.

January 4, 2025

Floor Debate

6 members

What members said about H.R. 5443 on the floor

3 Republicans3 Democrats
Patrick T. McHenry
Rep. Patrick T. McHenryR-NC-10 · Dec 24, 2024

Kevin F. McCumber, Clerk of the House, reported and found truly enrolled bills of the House of the following titles, which were thereupon signed by the Speaker pro tempore, Mr. McHenry, on Friday,…

John Barrasso
Sen. John BarrassoR-WY · Dec 18, 2024

Madam President, I rise today to pass important legislation in the State of Wyoming. This bill has only to do with Wyoming and no other State. It is H.R. 3415, the Pilot Butte Power Plant Conveyance…

Susie Lee
Rep. Susie LeeD-NV-3 · Jul 8, 2024

Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I want to thank the chair of the committee for his leadership. Today, I am pleased that the House is considering the Accelerating…

Bruce Westerman
Rep. Bruce WestermanR-AR-4 · Jul 8, 2024

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 5443) to establish a policy regarding appraisal and valuation services for real property for a transaction over which the Secretary of…

Catherine Cortez Masto
Sen. Catherine Cortez MastoD-NV · Dec 18, 2024

Madam President, I rise today to thank Senator Barrasso and my colleagues on Energy and Natural Resources. Today, we were able to pass H.R. 5443, which is the Accelerating Appraisals and Conservation…

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Tina Smith
Sen. Tina SmithD-MN · Dec 18, 2024

Madam President, reserving the right to object, I want to say that I understand that Senator Heinrich from New Mexico has concerns about the Pilot Butte Power Plant Conveyance Act, and I share his…

John Barrasso
Sen. John BarrassoR-WY · Dec 18, 2024

Madam President, I ask unanimous consent that the Senate proceed to the immediate consideration of the following bills en bloc: Calendar No. 595, S. 3123; Calendar No. 644, S. 5125; Calendar No. 306,…

Bill Text

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One Hundred Eighteenth Congress of the United States of America

At the Second Session

Begun and held at the City of Washington on Wednesday, the third day of January, two thousand and twenty-four

H. R. 5443

AN ACT

To establish a policy regarding appraisal and valuation services for real property for a transaction over which the Secretary of the Interior has jurisdiction, and for other purposes.

1.

Short title

This Act may be cited as the Accelerating Appraisals and Conservation Efforts Act or the AACE Act.

2.

Appraisal and valuation services for real property

(a)

License, certification requirement

A covered appraiser needs to be licensed or certified in only 1 State to perform appraisal or valuation services for real property in any State for a transaction over which the Secretary has jurisdiction.

(b)

Use of non-Federal covered appraisers

If the Secretary uses a non-Federal covered appraiser to perform appraisal or valuation services for real property for a transaction described in subsection (a), the Secretary—

(1)

shall, to the maximum extent practicable, use a non-Federal covered appraiser who is a certified general real property appraiser licensed in a State in which the real property that is the subject of the transaction is located; and

(2)

may only use a non-Federal covered appraiser who is a certified general real property appraiser licensed in a State other than one in which the real property that is the subject of the transaction is located if a non-Federal covered appraiser described in paragraph (1) is, as determined by the Secretary—

(A)

unavailable to complete an assignment within a reasonable period of time;

(B)

not assignment qualified; or

(C)

not cost competitive.

(c)

Report

Not later than 1 year after the date of the enactment of this section, and annually thereafter for at least the following 4 years, the Secretary shall submit to Congress a report that includes the following:

(1)

A comparison using quantitative data of—

(A)

the number of requests for appraisal and valuation services received by the Department during the reporting period and the number of requests for such services received by the Department in each of the 5 years before the reporting period; and

(B)

the amount of time required for the Department to complete a request for appraisal or valuation services before the date of the enactment of this section and after the date of the enactment of this section.

(2)

A qualitative assessment of the impact of subsection (a) in providing flexibility to the Secretary when contracting with non-Federal covered appraisers.

(3)

Recommendations, if any, for congressional action that could help the Department operate more efficiently or overcome challenges with respect to timely completion of requests for appraisal or valuation services while ensuring the independence, impartiality, and objectivity of such services.

(4)

An overview of the workforce of the Department with regard to appraisal and valuation services provided by the Department, including hiring and staffing during the reporting period with respect to employees and contractors of the Department.

(5)

A complete list of cases in which the authority granted under section 2 of this Act was used during the reporting period, describing for each case the specific criteria used to satisfy the conditions of this Act.

(d)

Statutory clarifications

(1)

Applicability of relevant laws and regulations

Except as provided in paragraph (3), nothing in this section shall be interpreted to affect the application of any Federal or State law or regulation to a non-Federal covered appraiser with regard to the performance by such non-Federal covered appraiser of appraisal and valuation services for real property.

(2)

Jurisdiction requirement

Nothing in this section shall be interpreted to authorize a non-Federal covered appraiser to perform appraisal and valuation services for real property in a State in which such non-Federal covered appraiser is not licensed or certified to perform such services except to the extent that such services are performed for a transaction over which the Secretary has jurisdiction.

(3)

Nonapplicability of certain relevant laws and regulations

Any provision of a Federal or State law or regulation enacted before the date of the enactment of this section that requires a covered appraiser to be licensed or certified in a specific State to perform appraisal or valuation services for real property in that State shall not apply to any transaction over which the Secretary has jurisdiction.

(e)

Public availability

Not later than 90 days after the enactment of this Act, the text of all policies (including any successor policies), including reference manuals, guidance documents, handbooks, standard operating procedures, and statements of policy specific to the scoping, contracting, and review of appraisals performed for the Department by Federal or non-Federal covered appraisers, shall be made publicly available online and provided upon request.

(f)

Definitions

In this section:

(1)

Covered appraiser

The term covered appraiser means a State-licensed or -certified real property appraiser.

(2)

Department

The term Department means the Department of the Interior.

(3)

Reporting period

The term reporting period means the 1-year period before the date on which a report is submitted under subsection (c).

(4)

Secretary

The term Secretary means the Secretary of the Interior.

(5)

State

The term State means each of the several States, the District of Columbia, and each territory and possession of the United States.

Speaker of the House of Representatives.

Vice President of the United States and President of the Senate.