Changes the appraisal standard in Section 5 of the Thye-Blatnik Act so that property is valued at the highest fair appraised value, including historical fair appraised values, as determined by the Secretary of Agriculture.

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

Next stop Senate floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

Senate

Introduced 19-FEB-2025

Referred 19-FEB-2025

Approved by committee 21-OCT-2025

Reported 27-OCT-2025

On the calendar 27-OCT-2025

Key points

Amends Section 5 of the Act of June 22, 1948, commonly known as the Thye-Blatnik Act (16 U.S.C. 577g).
Replaces the phrase "fair appraised value" with "highest fair appraised value, including historical fair appraised values."
Specifies that the Secretary of Agriculture determines these values in accordance with Section 5.

AI-generated from the Reported to Senate text of 27-OCT-2025 · verify · report an error

Official CRS summary

Current. The Congressional Research Service's summary covers the bill's latest wording (Reported to Senate, 27-OCT-2025).

CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov

Committee referrals (1)

Policy area

Public Lands and Natural Resources

Sponsor Tina Smith (D-MN) Cosponsors · 1

■ 1 D

1 Democrat