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A bill to amend the Act of June 22, 1948.
S. 638 To amend the Act of June 22, 1948.
Summary
This bill would amend the Act of June 22, 1948 (the Thye-Blatnik Act) to modify how property appraisals are determined under the law. The bill would change the appraisal standard from using the fair appraised value to using the highest fair appraised value, including historical fair appraised values, as determined by the Secretary of Agriculture. This change would affect how the value of property is calculated for purposes of the Act.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Smith, Tina [D-MN] (D-MN)
1 cosponsor
- Sen. Klobuchar, Amy [D-MN] (D-MN)
Actions (5)
- Oct 27, 2025 Placed on Senate Legislative Calendar under General Orders. Calendar No. 208. · senate
- Oct 27, 2025 Committee on Agriculture, Nutrition, and Forestry. Reported by Senator Boozman without amendment. Without written report. · senate
- Oct 21, 2025 Committee on Agriculture, Nutrition, and Forestry. Ordered to be reported without amendment favorably. · senate
- Feb 19, 2025 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. · senate
- Feb 19, 2025 Introduced in Senate
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Full text
IN THE SENATE OF THE UNITED STATES
February 19, 2025
Ms. Smith (for herself and Ms. Klobuchar) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry
October 27, 2025
Reported by Mr. Boozman, without amendment
A BILL
To amend the Act of June 22, 1948.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 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”. Calendar No. 208
119th CONGRESS
1st Session
S. 638
A BILL
To amend the Act of June 22, 1948.
October 27, 2025
Reported without amendment
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