Skip to main content
SENATE 310115th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

A bill to clarify that nonprofit organizations such as Habitat for Humanity may accept donated mortgage appraisals, and for other purposes.

Last Action
2/6/2017

Actions

  • 2017-02-06Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2017-02-06Introduced in Senate

CRS Summary

As of 2017-02-06 (00)

This bill amends the Truth in Lending Act to deem mortgage appraisal services donated by a fee appraiser to an organization that is eligible to receive tax-deductible charitable contributions to be customary and reasonable.

Cosponsors (1)

  • Michael Bennet (D-CO)

Subjects

  • Charitable contributions
  • Housing finance and home ownership
  • Real estate business
  • Social work, volunteer service, charitable organizations
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.