GREEN Appraisals Act of 2025
4/14/2025, 3:15 PMSummary of Bill HR 2413
Bill 119 HR 2413, also known as the "Accurate Energy Appraisals Act," aims to ensure that residential mortgage loans accurately reflect the energy efficiency of the property being financed. The bill requires that energy efficiency be taken into account during the appraisal process for residential properties, in order to provide homeowners with a more accurate assessment of the property's value.The bill also includes provisions for training and certification of appraisers in the area of energy efficiency, in order to ensure that appraisals are conducted accurately and consistently. Additionally, the bill seeks to promote the use of energy efficient upgrades in residential properties, by providing incentives for homeowners to make energy efficient improvements.
Overall, the goal of Bill 119 HR 2413 is to promote energy efficiency in the housing market, by ensuring that homeowners have access to accurate information about the energy efficiency of their properties, and by incentivizing energy efficient upgrades. The bill is aimed at benefiting both homeowners and the environment, by encouraging the use of energy efficient technologies and practices in residential properties.
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Current Status of Bill HR 2413
Bill HR 2413 is currently in the status of Bill Introduced since March 27, 2025. Bill HR 2413 was introduced during Congress 119 and was introduced to the House on March 27, 2025. Bill HR 2413's most recent activity was Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of March 27, 2025Bipartisan Support of Bill HR 2413
Total Number of Sponsors
4Democrat Sponsors
4Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2413
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 2413
To provide for accurate energy appraisals in connection with residential mortgage loans, and for other purposes.To provide for accurate energy appraisals in connection with residential mortgage loans, and for other purposes.Comments
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Sponsors and Cosponsors of HR 2413
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