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A bill to clarify that nonprofit organizations such as Habitat for Humanity can accept donated mortgage appraisals, and for other purposes.
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vs 3,548 other S bills in the 114th — cohort avg 43d
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.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
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Sources: Congress.gov