US HB3704 | 2015-2016 | 114th Congress
Status
Sponsorship: Bipartisan Bill
Status: Introduced on October 7 2015 - 25% progression, died in committee
Action: 2015-10-07 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 7 2015 - 25% progression, died in committee
Action: 2015-10-07 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To clarify that nonprofit organizations such as Habitat for Humanity can 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
To clarify that nonprofit organizations such as Habitat for Humanity can accept donated mortgage appraisals, and for other purposes.
Sponsors
| Rep. Mark Meadows [R-NC] | Rep. G. Butterfield [D-NC] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-10-07 | House | Referred to the House Committee on Financial Services. |
| 2015-10-07 | House | Introduced in House |
Same As/Similar To
SB2085 (Related) 2015-09-28 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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/house-bill/3704/all-info |
| Text | https://www.congress.gov/114/bills/hr3704/BILLS-114hr3704ih.pdf |
