H.R. 6791 · 116th Congress
COVID-19 Safe Home Appraisal Act of 2020
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ShermanSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill allows interior inspection appraisal requirements with respect to certain loans to be waived through the end of the COVID-19 (i.e., coronavirus disease 2019) emergency period if specified requirements are met.
What it does: CRS summary · Introduced in House · May 8, 2020
COVID-19 Safe Home Appraisal Act of 2020
This bill allows interior inspection appraisal requirements with respect to certain loans to be waived through the end of the COVID-19 (i.e., coronavirus disease 2019) emergency period if specified requirements are met. An interior inspection may be waived if (1) an exterior inspection is performed in conjunction with certain contemporaneous verifications, such as video or photographs by the borrower; (2) an interior inspection may be ordered at a later date; and (3) an appraiser rejected the assignment due to health and safety concerns.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: COVID-19 Safe Home Appraisal Act of 2020
Latest action (Sep 30, 2020): Referred to the Subcommittee on Economic Opportunity.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 8, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.