H.R. 5953 · 115th Congress

BUILD Act

Stage
Passed a chamber
Introduced
2018-05-24
Latest action
2018-07-11 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

Building Up Independent Lives and Dreams Act or the BUILD Act

(Sec. 2) 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.