S. 5639 — Portal for Appraisal Licensing Act of 2026

This section establishes a cloud-based Portal for Appraiser Credentialing and AMC Registration Information that serves as a central depository for appraiser and appraisal management company license, certification, and registration applications and renewals. It requires the Appraisal Subcommittee to connect the Portal to state agencies for application processing and fee payments, conduct criminal background checks through the FBI, use unique identifiers, form an advisory committee of industry and state representatives, charge revenue-neutral user fees, and award grants to states for system connections.