HR 8577 · 117th Congress · Housing and Community Development

GREEN Appraisals Act of 2022

Introduced 2022-07-28· Sponsored by Rep. Perlmutter, Ed [D-CO-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Economic Opportunity.(2022-08-16)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Rep. Casten, Sean [D-IL-6]IL