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Code · BILL · 115th Congress · H.R. 10 (Referred in Senate) — To create hope and opportunity for investors, consumers, and entrepreneurs by ending bailouts and Too Big to Fail, ho... · Sec. 591

Sec. 591. Clarification of donated services to non-profits

59 words·~1 min read·/bill/115/hr/10/rfs/section-591

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Section 129E(i) of the Truth in Lending Act ( 15 U.S.C. 1639e(i) ) is amended by adding at the end the following: For purposes of paragraph (1), if a fee appraiser voluntarily donates appraisal services to an organization described in section 170(c)(2) of the Internal Revenue Code of 1986, such voluntary donation shall be deemed customary and reasonable. .
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Sec. 591
Clarification of donated services to non-profits
U.S.C.§ 1639e
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