Senate Bill 3731
115th Congress(2017-2018)
BUILD Act
Introduced
Introduced in Senate on Dec 6, 2018
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3731
Congress
115
Policy Area
Housing and Community Development
Housing and Community Development
Primary focus of measure is home ownership; housing programs administration and funding; residential rehabilitation; regional planning, rural and urban development; affordable housing; homelessness; housing industry and construction; fair housing. Measures concerning mortgages and mortgage finance may fall under Finance and Financial Sector policy area.
No Senate votes have been held for this bill.
Summary
Building Up Independent Lives and Dreams Act or the BUILD Act
This bill amends the Truth in Lending Act and the Real Estate Settlement Procedures Act of 1974 to allow nonprofit organizations offering mortgage loans for charitable purposes to use certain alternative forms to satisfy disclosure requirements.
December 6, 2018
12/06/2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
12/06/2018
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:40:41 PM