GREEN Appraisals Act of 2022
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 28, 2022)
Getting Renewable and Energy Efficient Neighborhoods Appraisals Act of 2022 or the GREEN Appraisals Act of 2022
This bill requires lenders that originate federally backed residential mortgages to notify borrowers of their right to request an energy report concerning the property.
The bill also requires, upon consent of the borrower, the lender to provide to an appraiser any available energy report concerning the property. The appraiser must take this report into consideration when appraising the value of the property.
What just happenedJul 28, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateJul 28, 2022
- Jul 28, 2022IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jul 28, 2022IntroReferral10000
Introduced in Senate