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Code · BILL · 113th Congress · H.R. 4615 (Introduced in House) — To improve the accuracy of mortgage underwriting used by Federal mortgage agencies by ensuring that energy costs are... · Sec. 7

Sec. 7. Rulemaking

126 words·~1 min read·/bill/113/hr/4615/ih/section-7

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The Secretary shall prescribe regulations to carry out this Act, in consultation with the Secretary of Energy and the advisory group established in subsection (b), which may contain such classifications, differentiations, or other provisions, and may provide for such proper implementation and appropriate treatment of different types of transactions, as the Secretary determines are necessary or proper to effectuate the purposes of this Act, to prevent circumvention or evasion thereof, or to facilitate compliance therewith.
To assist in carrying out this Act, the Secretary shall establish an advisory group, consisting of individuals representing the interests of— mortgage lenders; appraisers; energy raters and residential energy consumption experts; energy efficiency organizations; real estate agents; home builders and remodelers; State energy officials; and others as determined by the Secretary.
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