Sec. 307. PROPERTY ASSESSED CLEAN ENERGY FINANCING
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## SEC. 307 PROPERTY ASSESSED CLEAN ENERGY FINANCING Section 129C(b)(3) of the Truth in Lending Act (15 U.S.C. 1639c(b)(3)) is amended by adding at the end the following: > > ##### “(C) Consideration of underwriting requirements for property assessed clean energy financing > > > ###### “(i) Definition > > In this subparagraph, the term ‘Property Assessed Clean Energy financing’ means financing to cover the costs of home improvements that results in a tax assessment on the real property of the consumer. > > > ###### “(ii) Regulations > > The Bureau shall prescribe regulations that carry out the purposes of subsection
(a)and apply section 130 with respect to violations under subsection
(a)of this section with respect to Property Assessed Clean Energy financing, which shall account for the unique nature of Property Assessed Clean Energy financing. > > > ###### “(iii) Collection of information and consultation > > In prescribing the regulations under this subparagraph, the Bureau— > > > ###### “(I) > > may collect such information and data that the Bureau determines is necessary; and > > > ###### “(II) > > shall consult with State and local governments and bond-issuing authorities.” > .
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Sec. 307
PROPERTY ASSESSED CLEAN ENERGY FINANCING
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