legislation: 101-hr-3147
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 101-hr-3147 | 101 | hr | 3147 | Escrow Account Statement Act | Housing and Community Development | 1989-08-04 | 1989-08-15 | Referred to the Subcommittee on Housing and Community Development. | House | Rep. Bennett, Charles E. [D-FL-3] | FL | D | B000371 | 28 | Escrow Account Statement Act - Amends the Real Estate Settlement Procedures Act of 1974 to mandate that an escrow servicer or lender that has established an escrow account in connection with a federally related mortgage loan submit to the borrower statements which clearly itemize: (1) at the opening or closing of the account, the charges which are reasonably anticipated to be paid from the account; and (2) annually, the amounts actually paid from such account as well as the annual balance. Establishes a civil penalty for failure to submit such itemized statements. Prohibits a lender from imposing preparation fees for escrow account statements. | 2025-08-26T17:25:40Z |