Assembly Bill 557
Regulation and credentialing of appraisers and appraisal management companies
Stopped in committee
It never got a , so it never came up for a vote. The last day for votes this session was Mar 19, 2026. To try again, a lawmaker would have to start a new bill.
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Introduced, passed
Oct 15, 2025
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Committee, stopped here
Stopped here. No public hearing was held.
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Assembly vote, not reached
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Senate vote, not reached
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Governor, not reached
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Law, not reached
Latest entry in the official record, Mar 23, 2026: “Failed to pass pursuant to ”
It never got a hearing in the Assembly Committee on Housing and Real Estate. The committee's chair at the time was Rob Brooks. Chairs decide which bills get a hearing. See every bill that never got a hearing this session.
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The same bill was also filed in the Senate as SB 543. That version died when the session ended.
Terms on this page
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1. More in the glossary
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis. More in the glossary
Author
A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.
Official term: Author, coauthor. More in the glossary
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor. More in the glossary
What it would have done
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
Current law provides for the certification and licensure of various levels of real estate appraisers and the licensure of appraisal management companies (AMCs). This bill makes various changes regarding the regulation and credentialing of appraisers and AMCs, including all of the following:
1. Repealing a requirement that a real estate appraiser licensure applicant be at least 18 years old.
Read the full summary Show less
2. Increasing the value of a commercial real estate transaction in which a certified residential appraiser may conduct an appraisal. Under current law, a certified residential appraiser may conduct appraisals in commercial real estate transactions valued at up to $250,000. The bill raises this limit to $500,000.
3. Expressly providing that an AMC that is a subsidiary owned and controlled by a financial institution regulated by a federal financial institution regulatory agency is not required to be licensed as an AMC.
4. Repealing language allowing a licensed AMC to remove without notice an independent appraiser from its appraiser panel within the first 60 days after the appraiser is added to a licensed AMC’s appraiser panel.
5. Removing other obsolete language, including a transitional licensure provision that no longer has any effect.
Who's behind it
12 representatives are its . All 12 are Democrats.
6 more lawmakers .
See all 18 names Hide the names
Authors (12)
- Ben DeSmidt · Democrat, Assembly
- Alex Joers · Democrat, Assembly
- Karen Kirsch · Democrat, Assembly
- Vinnie Miresse · Democrat, Assembly
- Sylvia Ortiz-Velez · Democrat, Assembly
- Lori Palmeri · Democrat, Assembly
- Amaad Rivera-Wagner · Democrat, Assembly
- Ann Roe · Democrat, Assembly
- Christine Sinicki · Democrat, Assembly
- Ryan Spaude · Democrat, Assembly
- Angela Stroud · Democrat, Assembly
- Shelia Stubbs · Democrat, Assembly
Signed on in support (6)
- Kristin Dassler-Alfheim · Democrat, Senate
- Jenna Jacobson · Democrat, Assembly
- LaTonya Johnson · Democrat, Senate
- Kelda Roys · Democrat, Senate
- Mark Spreitzer · Democrat, Senate
- Jamie Wall · Democrat, Senate
What happened
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Mar 23, 2026
The session ended, and the bill died with it.
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Feb 9, 2026
1 more representative signed on in support.
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Oct 15, 2025
Sent to the Assembly Committee on Housing and Real Estate.
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Oct 15, 2025
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Oct 15, 2025 · Assembly
Introduced by Representatives Kirsch, DeSmidt, Joers, Miresse, Ortiz-Velez, Palmeri, Rivera-Wagner, Roe, Sinicki, Stroud, Stubbs and Spaude; cosponsored by Senators Wall, Dassler-Alfheim, L. Johnson, Roys and Spreitzer
- Oct 15, 2025 · Assembly
Read first time and referred to Committee on Housing and Real Estate
- Feb 9, 2026 · Assembly
Representative J. Jacobson added as a coauthor
- Mar 23, 2026 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1
Terms on this page
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1. More in the glossary
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis. More in the glossary
Author
A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.
Official term: Author, coauthor. More in the glossary
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor. More in the glossary
From the Wisconsin Legislature's official record, checked Sep 15, 2026. See the source
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor