Bills/S. 1178

GREEN Appraisals Act of 2025

GREEN Appraisals Act of 2025

In CommitteeEconomySenateSenate Bill · 119th Congress
Bill Progress · Senate
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# GREEN Appraisals Act of 2025 - Summary **What the Bill Does** The GREEN Appraisals Act of 2025 would modify how property appraisals are conducted to account for energy-efficient and environmentally sustainable features of homes and buildings. Currently, energy-saving improvements like solar panels, insulation upgrades, or heat pumps may not significantly increase a property's appraised value, even though they reduce utility costs and environmental impact. This bill aims to ensure that appraisers properly recognize and value these green features when determining property worth. **Who It Affects and Key Provisions** The legislation would impact homeowners who have made or are considering green energy upgrades, property appraisers, lenders, and the real estate market more broadly.

By better valuing sustainable features in appraisals, the bill could make it easier for homeowners to recoup investments in green improvements through higher property values, potentially incentivizing more people to adopt energy-efficient upgrades. It may also affect home buyers by making energy-efficient properties more competitively priced. **Current Status** As of now, the bill remains in committee and has not advanced further in the legislative process. Senator Michael Bennet (D-Colorado) introduced it during the 119th Congress.

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Latest Action

March 27, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsor

Key Dates

Introduced
March 27, 2025
Last Updated
March 27, 2025
Read Full Text on Congress.gov →
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