Congress 107 - HR 2224 - Energy Efficiency and Assistance Act of 2001

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Topics

Authorization Bank capital Commerce Congress Congressional reporting requirements Consumer credit Debtor and creditor Department of Health and Human Services Economics and Public Finance Energy Energy assistance for the poor Energy efficiency Federal aid to housing Federally-assisted loans Federally-guaranteed loans Finance and Financial Sector Gifts Government Operations and Politics Home repair and improvement Housing and Community Development Housing finance Mortgage guaranty insurance Mortgage loans Residential energy conservation Rural housing Savings and loan associations Secondary mortgage market Social Welfare

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Summary

Energy Efficiency and Assistance Act of 2001 - Amends the Low-Income Home Energy Assistance Act of 1981 to redefine "leveraged resources" to include any State program which facilitates the collection of donations by electric and gas utilities to be used by public agencies or private nonprofit organizations to pay the utility bills of specified individuals with insufficient financial resources to pay such bills.

Extends authorization of appropriations for home energy grants to FY 2005.

Amends the Home Owners' Loan Act to include residential energy efficiency improvement loans among the assets of a savings association that qualify as qualified thrift investments.

Amends the Truth in Lending Act to require a creditor, when determining consumer eligibility for a residential energy efficiency improvement loan, to take into account estimated future savings attributable to energy efficiency improvements.

Amends the following Acts to instruct the Secretary of Housing and Urban Development to develop and implement measures that promote financial incentives for increased energy efficiency: (1) National Housing Act; (2) the Housing Act of 1949; (3) the Federal National Mortgage Association Charter Act; and (4) the Federal Home Loan Mortgage Corporation Act.

Actions

Aug 20, 2001

Referred to the Subcommittee on Education Reform.
Jul 20, 2001

Referred to the Subcommittee on Housing and Community Opportunity.
Jun 25, 2001

Referred to the Subcommittee on Energy and Air Quality.
Jun 19, 2001

Referred to the Committee on Energy and Commerce, and in addition to the Committees on Financial Services, and Education and the Workforce, 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.
Jun 19, 2001

Introduced in House

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