A bill to clarify that nonprofit organizations such as Habitat for Humanity may accept donated mortgage appraisals, and for other purposes.

Summary

This bill amends the Truth in Lending Act to deem mortgage appraisal services donated by a fee appraiser to an organization that is eligible to receive tax-deductible charitable contributions to be customary and reasonable.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 6 February 2017

   Introduced

   Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   Source: IntroReferral

2. 6 February 2017

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 6 February 2017 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 6 February 2017

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 6 February 2017

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 6 February 2017

  Open at official source

Sponsors

• Sen. Portman, Rob [R-OH] · R · Sponsor
• Michael Bennet · D · Sponsor
• · ssbk00 · Standing

Related records

• related to → Financial CHOICE Act of 2017
• related to ← HOME Act
• related to ← HOME Act
• related to ← Economic Growth, Regulatory Relief, and Consumer Protection Act
• related to ← A bill to clarify that nonprofit organizations such as Habitat for Humanity may accept donated mortgage appraisals, and for other purposes.