S. 5595Senate118th Congress (2023-2025)Passed Senate

A bill to amend the Act of June 22, 1948.

Sponsored by Tina SmithSen. Tina Smith (D-MN)
Introduced December 18, 2024

AI-Generated Summary

Updated January 20, 2026 at 8:34 PM UTC

The bill amends the 1948 Thye‑Blatnik Act by changing the appraisal language. It requires that appraisals use the highest fair appraised value, including historical fair values, as determined by the Secretary of Agriculture. This change affects how property values are calculated under the Act.

Key Provisions

  • Section 5 of the 1948 Act is revised to replace the phrase “of the fair appraised value of such” with “of the highest fair appraised value, including historical fair appraised values, as determined by the Secretary of Agriculture in accordance with this section, of such.”

Legislative Activity

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4 earlier actions
HouseFloor Latest Action

Held at the desk.

December 19, 2024 • 6:06 PM

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SenateIntro Referral

Introduced in Senate

December 18, 2024

SenateFloor

Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S7145; text: CR S7145)

December 18, 2024

SenateFloor

Message on Senate action sent to the House.

December 19, 2024

HouseFloor

Received in the House.

December 19, 2024 • 5:27 PM

HouseFloor

Held at the desk.

December 19, 2024 • 6:06 PM

Floor Debate

2 members

What members said about S. 5595 on the floor

1 Republican1 Democrat
Tina Smith
Sen. Tina SmithD-MN · Dec 18, 2024

Madam President, northern Minnesota is home to some of the most beautiful and valuable forestlands in the Nation. As a Minnesota Senator, my job is to make sure that northern Minnesota communities…

Markwayne Mullin
Sen. Markwayne MullinR-OK · Dec 18, 2024

I object.

Bill Text

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Latest
Engrossed in SenateIssued December 18, 2024

118th CONGRESS

2d Session

S. 5595

AN ACT

To amend the Act of June 22, 1948.

1.

Appraisals

Section 5 of the Act of June 22, 1948 (commonly known as the Thye-Blatnik Act) (62 Stat. 570, chapter 593; 16 U.S.C. 577g), is amended by striking of the fair appraised value of such and inserting of the highest fair appraised value, including historical fair appraised values, as determined by the Secretary of Agriculture in accordance with this section, of such.

Passed the Senate December 18 (legislative day, December 16), 2024.

Secretary