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HR 2413 119th Congress House Finance and Financial Sector

GREEN Appraisals Act of 2025

Introduced: March 27, 2025 Introduced by: Casten, Sean Democratic · Illinois See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2025
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 27, 2025
Introduced in House
 Plain-English summary Congressional Research Service

Getting Renewable and Energy Efficient Neighborhoods Appraisals Act of 2025 or the GREEN Appraisals Act of 2025

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.

What's happening now March 27, 2025

Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.