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A bill to clarify that nonprofit organizations such as Habitat for Humanity can accept donated mortgage appraisals, and for other purposes.
1/11/2023, 1:31 PM
Congressional Summary of S 1344
Amends the Truth in Lending Act with respect to the compensation of fee appraisers to state that, in the case of an appraisal for which the appraiser voluntarily does not receive a fee, the appraiser is not, and shall not be construed to be, with respect to the donated appraisal, a fee appraiser subject to appraisal independence requirements.
Read the Full Bill
Current Status of Bill S 1344
Bill S 1344 is currently in the status of Bill Introduced since May 14, 2015. Bill S 1344 was introduced during Congress 114 and was introduced to the Senate on May 14, 2015. Bill S 1344's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 14, 2015
Bipartisan Support of Bill S 1344
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1344
Primary Policy Focus
Housing and Community DevelopmentPotential Impact Areas
- Charitable contributions
- Housing finance and home ownership
- Real estate business
- User charges and fees
Alternate Title(s) of Bill S 1344
A bill to clarify that nonprofit organizations such as Habitat for Humanity can accept donated mortgage appraisals, and for other purposes.
A bill to clarify that nonprofit organizations such as Habitat for Humanity can accept donated mortgage appraisals, and for other purposes.
Comments
Sponsors and Cosponsors of S 1344
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