,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #ddhi  ,,in ,,the ,,house ,,of  
,,representatives  ,july #ag1 #bjbe,mr4 
,castro of ,texas 7for himself and ,ms4 
,norton7 introduced the following bill2 
which was referred to the ,committee on 
,financial ,services  ,a ,,bill  ,to    
amend the ,truth in ,lending ,act to    
require certain creditors to disclose   
dealer fees in solar financing          
transactions1 and for other purposes4   
#a4 ,short title ,this ,act may be cited
 as the ,sunshine on ,solar ,lending    
,act4  #b4 ,findings ,congress finds the
 following3  7#a7 ,homeowners are       
increasingly installing solar energy    
systems1 including battery storage      
systems and other related systems1 to   
reduce electricity costs and maintain   
power during grid outages4  7#b7 ,the   
high upfront cost of purchasing and     
installing solar energy systems often   
requires consumers to obtain financing1 
typically through loans or leases       
facilitated by solar installers and     

originated by third-party creditors4    
7#c7 ,solar financing arrangements are  
frequently marketed by third-party sales
 representatives or installers who      
partner with creditors to offer loans at
 the point of sale4 ,in some cases1     
these arrangements include dealer fees  
that are not clearly disclosed to       
consumers1 leading to inflated financing
 costs and a lack of transparency       
regarding the true cost of credit4  7#d7
 ,the ,seller's ,point exemption under  
,regulation ,z is sometimes improperly  
used to exclude dealer fees from the    
calculation of the finance charge in    
solar financing transactions4 ,the use  
of this exemption has led to confusion  
and inconsistent treatment of such fees1
 particularly in transactions involving 
third-party financing and indirect      
compensation structures4  7#e7 ,the     
,truth in ,lending ,act applies to      
creditors1 as defined in the ,act1 that 
offer or extend credit for solar energy 
systems4 ,all such creditors are        

required to comply with the disclosure  
and consumer protection provisions of   
the ,act4  7#f7 ,this ,act is necessary 
to clarify and reinforce the application
 of the ,truth in ,lending ,act to solar
 financing transactions1 ensure         
consistent treatment of dealer fees as  
finance charges where applicable1 and   
promote transparency and accountability 
in credit transactions related to solar 
energy systems4  #c4 ,disclosure of     
dealer fees in solar financing          
transactions ,section #ajf of the ,truth
 in ,lending ,act 7#ae ,u4,s4,c4 #afje7 
is amended-- 7#a7 in subsection 7a71 by 
adding at the end the following3  7#g7  
in any consumer credit transaction for  
solar financing1 as defined in          
subsection 7h71 any seller's points or  
other charges imposed by the creditor   
upon a noncreditor seller for providing 
credit to the consumer or for providing 
credit on certain terms4  2 and  7#b7 by
 adding at the end the following3  7g7  
,disclosure of dealer fees for solar    

financing transactions  7#a7 ,in general
 ,a creditor for a solar financing      
transaction shall clearly and           
conspicuously disclose in writing to the
 consumer-- 7,a7 any fee charged to a   
third party by the creditor relating to 
the solar financing transaction2  7,b7  
any fee imposed directly or indirectly  
by the creditor or a third party1 that  
is payable directly or indirectly by the
 consumer1 relating to the solar        
financing transaction2  7,c7 the        
identification of any third party that  
is a party to the solar financing       
transaction2 and  7,d7 a comparison of  
the amount financed by the solar        
financing transaction1 including the    
amount of any finance charges with-- 7i7
 the total cash price for each product  
obtained by the consumer through the    
solar financing transaction1 including  
infrastructure and labor costs2 and     
7ii7 the total cash price for each      
service obtained by the consumer through
 the solar financing transaction1       

including maintenance and repair costs4 
7#b7 ,in-person transactions ,with      
respect to a solar financing transaction
 negotiated 7in part or in whole7 with  
the consumer in person1 a creditor or   
third party 7as applicable7 shall       
provide the consumer with a paper copy  
of the disclosures described in         
paragraph 7#a74  7#c7 ,arbitration ,a   
solar financing transaction may not     
include terms which require arbitration 
or any other nonjudicial procedure as   
the method for resolving any controversy
 or settling any claims arising out of  
the transaction4  7h7 ,solar financing  
transaction defined ,in this section1   
the term solar financing transaction    
means a consumer credit transaction to  
finance the purchase1 installation1 or  
associated costs of a solar energy      
system1 including solar panels1         
inverters1 battery storage systems1     
electric vehicle charging stations1 and 
any related infrastructure required for 
the operation of such solar energy      

system4  4  #d4 ,effective date2        
applicability ,this ,act and the        
amendments made by this ,act shall take 
effect not later than #fj days after the
 date of the enactment of this ,act and 
shall apply with respect to a solar     
financing transaction 7as defined in    
subsection 7h7 of section #ajf of the   
,truth in ,lending ,act 7#ae ,u4,s4,c4  
#afje71 as added by this ,act7 entered  
into on or after such effective date4