HR 2413 119th Congress House In Committee

GREEN Appraisals Act of 2025

Latest action: 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

View full text on Congress.gov ↗ Policy area: Finance and Financial Sector

Legislative Summary

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.

Source: Congressional Research Service (CRS).

Sponsor
Rep. Casten, Sean [D-IL-6]
Independent · IL

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