Improving Access to the VA Home Loan Benefit Act of 2022
This bill requires the Department of Veterans Affairs (VA) to update regulations, requirements, and guidance related to appraisals for housing loans guaranteed by the VA.
Specifically, such regulations or requirements must specify when an appraisal is required, how an appraisal is to be conducted, and who is eligible to conduct an appraisal for such loans.
The VA must also provide additional guidance for desktop appraisals, which are performed remotely using information gathered by third parties with whom a VA-approved appraiser has entered into an agreement for such appraisal. In updating such guidance, the VA must specifically take into account situations where (1) desktop appraisals provide cost savings for borrowers, and (2) a traditional appraisal requirement could cause time delays and jeopardize the completion of a transaction.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2022-12-27 | President | Became Public Law No: 117-308. | Library of Congress |
| 2022-12-27 | President | Signed by President. | Library of Congress |
| 2022-12-23 | Floor | Presented to President. | House floor actions |
| 2022-12-20 | Floor | Message on Senate action sent to the House. | Senate |
| 2022-12-19 | Floor | Passed Senate without amendment by Unanimous Consent. (consideration: CR S7302) | Senate |
| 2022-09-15 | IntroReferral | Received in the Senate, read twice. | Senate |
| 2022-09-14 | Floor | Pursuant to section 11 of H. Res. 1339, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 1468, as amended; H.R. 5865; H.R. 5916, as amended; H.R. 7735, as amended; H.R. 7846; H.R. 7939, as amended; H.R. 8260, as amended; and S. 4205. (consideration: CR H7814-7822; text: CR H7819-7820) | House floor actions |
| 2022-09-14 | Floor | Pursuant to the provisions of H. Res. 1339, proceedings on H.R. 7735 are considered vacated. | House floor actions |
| 2022-09-13 | Floor | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | House floor actions |
| 2022-09-13 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 7735. | House floor actions |
| 2022-09-13 | Floor | Considered under suspension of the rules. (consideration: CR H7768-7769; text: CR H7768) | House floor actions |
| 2022-09-13 | Floor | Mr. Takano moved to suspend the rules and pass the bill, as amended. | House floor actions |
| 2022-07-19 | Committee | Ordered to be Reported (Amended) by Voice Vote. | House committee actions |
| 2022-07-19 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2022-07-18 | Committee | Subcommittee on Economic Opportunity Discharged. | House committee actions |
| 2022-05-18 | Committee | Subcommittee Hearings Held. | House committee actions |
| 2022-05-17 | Committee | Referred to the Subcommittee on Economic Opportunity. | House committee actions |
| 2022-05-12 | IntroReferral | Referred to the House Committee on Veterans' Affairs. | House floor actions |
| 2022-05-12 | IntroReferral | Introduced in House | Library of Congress |