H.R. 2413 · Where this bill is now
In committee
Introduced in the House, sent 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
What this bill does
In plain words · AI-written from the official summaryLenders must share energy reports with home appraisers
When you get a mortgage backed by the federal government, lenders would have to tell you that you can request an energy report on the property. If you agree, the lender would give that report to the appraiser—the person who estimates what your home is worth. The appraiser would then have to consider the energy information when valuing the home.
How it affects you
If you're getting a federally backed mortgage, you'd learn about your right to get an energy report on the property. This could help you and the appraiser understand how energy-efficient the home is, which might factor into how the home is valued during the loan process.
Read the official summary (Introduced in House, Mar 27, 2025)
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 2413
A BILL
GREEN Appraisals Act of 2025
Sponsor: Rep. Sean Casten (D-IL-6) · Introduced Mar 27, 2025 · Finance and Financial Sector · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action 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.”