Reverse Mortgages to Help America's Seniors Act
Latest action · Dec 16, 2005 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 351.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 14, 2005
- Passed HouseDec 14, 2005
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Reverse Mortgages to Help America's Seniors Act - Amends the National Housing Act to remove the aggregate and insurance benefit limitations on the number of home equity conversion (reverse) mortgages for elderly homeowners that may be insured by the Federal Housing Administration (FHA).
Cosponsors 34
Members who signed on, in the order they did. Signatures ran from Jun 14, 2005 to Dec 14, 2005; 8 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MA | Barney Frank | Original | Jun 14, 2005 |
| D-NC | David E. Price | Original | Jun 14, 2005 |
| R-CA | Gary G. Miller | Original | Jun 14, 2005 |
| R-FL | Ginny Brown-Waite | Original | Jun 14, 2005 |
| D-UT | Jim Matheson | Original | Jun 14, 2005 |
| R-FL | Katherine Harris | Original | Jun 14, 2005 |
| R-NC | Patrick T. McHenry | Original | Jun 14, 2005 |
| R-NY | Sue W. Kelly | Original | Jun 14, 2005 |
| R-SC | Henry E. Brown, Jr. | Jul 11, 2005 | |
| R-PA | Jim Gerlach | Jul 12, 2005 | |
| D-CA | Anna G. Eshoo | Jul 22, 2005 | |
| D-NC | Brad Miller | Jul 22, 2005 | |
| D-MA | James P. McGovern | Jul 22, 2005 | |
| D-WA | Jay Inslee | Jul 22, 2005 | |
| R-MN | John Kline | Oct 6, 2005 | |
| D-NY | Jose E. Serrano | Oct 7, 2005 | |
| D-NY | Carolyn B. Maloney | Oct 17, 2005 | |
| D-CA | Sam Farr | Oct 17, 2005 | |
| D-CA | Bob Filner | Oct 19, 2005 | |
| R-KY | Geoff Davis | Oct 19, 2005 | |
| D-MA | Michael E. Capuano | Nov 2, 2005 | |
| D-MA | Edward J. Markey | Nov 8, 2005 | |
| D-AZ | Raúl M. Grijalva | Nov 8, 2005 | |
| I-VT | Bernard Sanders | Nov 15, 2005 | |
| D-MD | Elijah E. Cummings | Nov 15, 2005 | |
| D-CA | George Miller | Nov 17, 2005 | |
| D-MA | John F. Tierney | Dec 6, 2005 | |
| R-NY | John R. "Randy" Kuhl Jr. | Dec 6, 2005 | |
| D-NJ | Rush Holt | Dec 6, 2005 | |
| D-CT | John B. Larson | Dec 7, 2005 | |
| D-MI | John Conyers, Jr. | Dec 13, 2005 | |
| R-PR | Luis G. Fortuno | Dec 13, 2005 | |
| R-CT | Christopher Shays | Dec 14, 2005 | |
| D-CT | Rosa L. DeLauro | Dec 14, 2005 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Jun 14, 2005 |
| Housing and Insurance Subcommittee | Referred Jul 29, 2005 |
Actions 11
Everything that happened, newest first.
- Dec 16, 2005Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 351.
- Dec 15, 2005Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
- Dec 14, 2005Mr. Fitzpatrick (PA) moved to suspend the rules and pass the bill.
- Dec 14, 2005Considered under suspension of the rules. (consideration: CR H11586-11588)
- Dec 14, 2005DEBATE - The House proceeded with forty minutes of debate on H.R. 2892.
In the Congressional Record 5
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Extensions | Debate and remarks E2636 | Carolyn B. Maloney D-NY | Dec 22, 2005 |
| Senate | Debate and remarks S13943 | William H. Frist R-TN | Dec 16, 2005 |
| Senate | Debate and remarks S13687 | Mitch McConnell R-KY | Dec 15, 2005 |
| House | Debate and remarks H11586–H11588Text printed H11586 | Edward J. Markey D-MA, Jay Inslee D-WA, Jim Matheson D-UT, Mark Foley R-FL, Michael G. Fitzpatrick R-PA, Michael G. Oxley R-OH | Dec 14, 2005 |
| House | Debate and remarks H5082 | Michael G. Fitzpatrick R-PA | Jun 23, 2005 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Congressional Budget Office cost estimates 2
- Dec 8, 2005H.R. 2892, Reverse Mortgages to Help America's Seniors Act<p>Cost estimate for the bill as introduced on June 14, 2005</p>
- Dec 8, 2005H.R. 2892, Reverse Mortgages to Help America's Seniors ActCost estimate for the bill as introduced on June 14, 2005
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 109-82 | TRANSFORMING THE FEDERAL HOUSING ADMINISTRATION FOR THE 21ST CENTURY235 pages | Financial Services Committee | Apr 5, 2006 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1710 | Reverse Mortgages to Help America's Seniors Act | Identical bill | Sep 15, 2005 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend section 255 of the National Housing Act to remove the limitation on the number of reverse mortgages that may be insured under the FHA mortgage insurance program for such mortgages.
- Short Titles as Introduced
- Reverse Mortgages to Help America's Seniors Act
- Short Titles as Passed House
- Reverse Mortgages to Help America's Seniors Act
Subjects
Assigned by the Library of Congress. Policy area: Housing and Community Development.
Text 3
Each version as it was printed, newest first.
- Dec 16, 2005Placed on Calendar Senate
- Dec 14, 2005Engrossed in House
- Jun 14, 2005Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.