H.R.4285: PACE Assessment Protection Act of 2014

About This Bill

  • Introduced March 24, 2014
  • Latest Major Action March 24, 2014

Bill Summary

PACE Assessment Protection Act of 2014 - 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
March 24, 2014
Referred to the House Committee on Financial Services.
March 24, 2014

Introduced in the House by Mike Thompson (D-Calif.)

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