US SB2085 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on September 28 2015 - 25% progression, died in committee
Action: 2015-09-28 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 28 2015 - 25% progression, died in committee
Action: 2015-09-28 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to clarify that nonprofit organizations such as Habitat for Humanity may accept donated mortgage appraisals, and for other purposes. This bill amends the Truth in Lending Act to deem mortgage appraisal services donated by a fee appraiser to an organization eligible to receive tax-deductible charitable contributions to be customary and reasonable.
Title
A bill to clarify that nonprofit organizations such as Habitat for Humanity may accept donated mortgage appraisals, and for other purposes.
Sponsors
| Sen. Rob Portman [R-OH] | Sen. Michael Bennet [D-CO] | Sen. Joe Donnelly [D-IN] | Sen. David Perdue [R-GA] |
| Sen. John Boozman [R-AR] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-09-28 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB3704 (Related) 2015-10-07 - Referred to the House Committee on Financial Services.
Subjects
Charitable contributions
Housing and community development
Housing finance and home ownership
Real estate business
Social work, volunteer service, charitable organizations
Housing and community development
Housing finance and home ownership
Real estate business
Social work, volunteer service, charitable organizations
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/2085/all-info |
| Text | https://www.congress.gov/114/bills/s2085/BILLS-114s2085is.pdf |
