Senate Bill 310
115th Congress(2017-2018)
A bill to clarify that nonprofit organizations such as Habitat for Humanity may accept donated mortgage appraisals, and for other purposes.
Introduced
Introduced in Senate on Feb 6, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
310
Congress
115
Policy Area
Housing and Community Development
Housing and Community Development
Primary focus of measure is home ownership; housing programs administration and funding; residential rehabilitation; regional planning, rural and urban development; affordable housing; homelessness; housing industry and construction; fair housing. Measures concerning mortgages and mortgage finance may fall under Finance and Financial Sector policy area.
No Senate votes have been held for this bill.
Summary
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.
February 6, 2017
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02/06/2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
02/06/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:34:49 PM