H.R.2599: PACE Assessment Protection Act of 2011

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about housing and community development
  • Introduced July 20, 2011
  • Latest Major Action Aug. 22, 2011

Bill Summary

PACE Assessment Protection Act of 2011 - Requires the Director of the Federal Housing Agency (FHA) to direct the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to issue guidance providing that the levy of a PACE (property assessed clean energy) assessment and the creation of a PACE lien do not constitute a default on any loan secured by one of its uniform instruments, and do not...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
July 20, 2011

Introduced in the House by Nan Hayworth (R-N.Y.)

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