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US HB4247
Bill
Status
6/27/2025
Primary Sponsor
Norma Torres
Click for details
AI Summary
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HUD and EPA must jointly issue regulations within 2 years requiring sellers and lessors to disclose known asbestos and asbestos-based hazards in residential dwellings constructed prior to 2019
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Purchasers must receive a 10-day period (unless mutually agreed otherwise) to conduct a risk assessment or inspection for asbestos hazards before becoming obligated under a contract
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All purchase and lease contracts must include an Asbestos Warning Statement informing buyers and lessees that the property may present exposure risks for lung disease and mesothelioma
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Knowing violations subject violators to civil monetary penalties, injunctions, and joint/several liability for 3 times the damages incurred by the purchaser or lessee, plus potential court costs and attorney fees
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Violations constitute prohibited acts under the Toxic Substances Control Act, with penalties of up to $10,000 per violation
Legislative Description
Asbestos Exposure in Housing Reduction Act of 2025
Housing and community development
Last Action
Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
6/27/2025