US S639

Bill

US S639

HOME Act Housing Opportunities Made Easier Act

Introduced
03/15/2017

In Committee
03/15/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

HOME Act Housing Opportunities Made Easier Act 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.

AI Summary

This bill, the Housing Opportunities Made Easier (HOME) Act, 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 as customary and reasonable. This change allows nonprofit organizations, such as Habitat for Humanity, to accept donated appraisal services for mortgage transactions without the appraisal being considered unreasonable or in violation of the Truth in Lending Act.

Committee Categories

Housing and Urban Affairs

Sponsors (4)

Rob Portman (R)*, Michael Bennet (D), Shelley Moore Capito (R), Joe Donnelly (D),

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 03/15/2017)

Official Document

https://www.congress.gov/bill/115th-congress/senate-bill/639/all-info

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/115th-congress/senate-bill/639/all-info
BillText	https://www.congress.gov/115/bills/s639/BILLS-115s639is.pdf
Bill	https://www.congress.gov/115/bills/s639/BILLS-115s639is.pdf.pdf

Bill	Bill Name	Last Action	Type
HR10	Financial CHOICE Act of 2017	Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.	Related
HR2255	HOME Act Housing Opportunities Made Easier Act	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.	Same As
HRes375	Providing for consideration of the bill (H.B. 10) to create hope and opportunity for investors, consumers, and entrepreneurs by ending bailouts and Too Big to Fail, holding Washington and Wall Street accountable, eliminating red tape to increase access to capital and credit, and repealing the provisions of the Dodd-Frank Act that make America less prosperous, less stable, and less free, and for other purposes.	Motion to reconsider laid on the table Agreed to without objection.	Similar To
HRes905	Providing for consideration of the bill (H.B. 5515) to authorize appropriations for fiscal year 2019 for military activities of the Department of Defense and for military construction, to prescribe military personnel strengths for such fiscal year, and for other purposes; providing for consideration of the bill (S. 204) to authorize the use of unapproved medical products by patients diagnosed with a terminal illness in accordance with State law, and for other purposes; and providing for consider	Motion to reconsider laid on the table Agreed to without objection.	Similar To
S2155	Economic Growth, Regulatory Relief, and Consumer Protection Act	Became Public Law No: 115-174.	Related
S310	A bill to clarify that nonprofit organizations such as Habitat for Humanity may accept donated mortgage appraisals, and for other purposes.	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.	Related

Bill

Bill Name

Last Action

Type

HR10

Financial CHOICE Act of 2017

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.

HR2255

HOME Act Housing Opportunities Made Easier Act

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Same As

HRes375

Providing for consideration of the bill (H.B. 10) to create hope and opportunity for investors, consumers, and entrepreneurs by ending bailouts and Too Big to Fail, holding Washington and Wall Street accountable, eliminating red tape to increase access to capital and credit, and repealing the provisions of the Dodd-Frank Act that make America less prosperous, less stable, and less free, and for other purposes.

Motion to reconsider laid on the table Agreed to without objection.

Similar To

HRes905

Providing for consideration of the bill (H.B. 5515) to authorize appropriations for fiscal year 2019 for military activities of the Department of Defense and for military construction, to prescribe military personnel strengths for such fiscal year, and for other purposes; providing for consideration of the bill (S. 204) to authorize the use of unapproved medical products by patients diagnosed with a terminal illness in accordance with State law, and for other purposes; and providing for consider

Motion to reconsider laid on the table Agreed to without objection.

Similar To

S2155

Economic Growth, Regulatory Relief, and Consumer Protection Act

Became Public Law No: 115-174.

S310

A bill to clarify that nonprofit organizations such as Habitat for Humanity may accept donated mortgage appraisals, and for other purposes.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill > S639

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (4)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary