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- S.1344
S.1344: A bill to clarify that nonprofit organizations such as Habitat for Humanity can accept donated mortgage appraisals, and for other purposes.
About This Bill
- Introduced May 14, 2015
- Latest Major Action May 14, 2015
Bill Sponsor
Bill Cosponsor
Bill Summary
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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 14, 2015 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| May 14, 2015 |
Introduced in the Senate by Rob Portman (R-Ohio) |