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GREEN Appraisals Act of 2022

USA117th CongressS-4671| Senate 
| Updated: 7/28/2022
Michael F. Bennet

Michael F. Bennet

Democratic Senator

Colorado

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Jul 28, 2022
Introduced in Senate
Jul 28, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Aug 16, 2022

Latest Companion Bill Action

HR 117-8577
Referred to the Subcommittee on Economic Opportunity.
  • July 28, 2022
    Introduced in Senate


  • July 28, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • August 16, 2022

    Latest Companion Bill Action

    HR 117-8577
    Referred to the Subcommittee on Economic Opportunity.

Finance and Financial Sector

Related Bills

  • HR 117-8577: GREEN Appraisals Act of 2022

GREEN Appraisals Act of 2022

USA117th CongressS-4671| Senate 
| Updated: 7/28/2022
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 28, 2022
Introduced in Senate
Jul 28, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Aug 16, 2022

Latest Companion Bill Action

HR 117-8577
Referred to the Subcommittee on Economic Opportunity.
  • July 28, 2022
    Introduced in Senate


  • July 28, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • August 16, 2022

    Latest Companion Bill Action

    HR 117-8577
    Referred to the Subcommittee on Economic Opportunity.
Michael F. Bennet

Michael F. Bennet

Democratic Senator

Colorado

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 117-8577: GREEN Appraisals Act of 2022
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted