This bill is currently in the early stages of the legislative process after being sent to the Senate Committee on Veterans Affairs for review. It is considered active, but there are no upcoming hearings or votes scheduled at this time. The bill is waiting for the committee to decide if it should move forward.
Legislative Progress
Senate
House
President
Law
Could go either way
The bill has support from both parties, which is a good sign. However, many bills like this get stuck in committee before they can be voted on by the full Senate.
Key Points
This bill changes how the Department of Veterans Affairs pays for home appraisals. It sets a base fee that will go up every year to keep pace with rising home prices. This helps ensure appraisers are paid fairly so they continue to work with veterans.
The plan targets areas where it is hard to get an appraisal quickly. In busy counties with long wait times, appraisers could earn 25 percent to 50 percent more than the standard rate. This is meant to encourage more professionals to take on VA assignments and reduce delays for home buyers.
Veterans living in rural or remote areas often face long waits because appraisers have to travel far. This bill would pay appraisers for their mileage when they drive to these locations. It also tracks areas where there are very few appraisers available within 30 miles.
The VA will be required to study how these changes affect the cost of the program and whether they actually help veterans get into homes faster. They will also look into ways to prevent fraud and see if the VA should change its process to match other government home loan programs.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
2 milestones2 actions
Mar 26, 2026Senate
Read twice and referred to the Committee on Veterans' Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Mar 26, 2026
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes, news coverage, or related bills recorded for this bill yet.
Source Information
Document Type
Congressional Bill
Official Title
VA Appraisal Modernization Act
Bill NumberS 4218
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Veterans' Affairs.
