Community Choice in Real Estate Act
Latest action · Jan 4, 2007 Referred to the House Committee on Financial Services.
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.
- IntroducedJan 4, 2007
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Community Choice in Real Estate Act - Amends the Bank Holding Company Act of 1956 and the Revised Statutes of the United States to prohibit the Board of Governors of the Federal Reserve System and the Secretary of the Treasury, respectively, from determining that real estate brokerage activity or real estate management activity is financial in nature, is incidental to any financial activity, or is complementary to a financial activity. (In effect, prohibits financial holding companies and national banks from engaging, directly or indirectly, in real estate brokerage or real estate management activities.)
Exempts from such prohibition: (1) activities of a bank holding company (or any affiliate) that directly relate to managing any real property owned by national banks or their affiliates; and (2) the right, power, or ability of any financial holding company to engage in any activity, or acquire or retain the shares of any company engaged in an activity authorized for financial holding companies on December 6, 2001 ("grandfather clause").
Cosponsors 276
Members who signed on, in the order they did. Signatures ran from Jan 4, 2007 to Sep 25, 2008; 60 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Adam B. Schiff | Original | Jan 4, 2007 |
| D-TX | Al Green | Original | Jan 4, 2007 |
| D-CA | Anna G. Eshoo | Original | Jan 4, 2007 |
| D-AL | Artur Davis | Original | Jan 4, 2007 |
| D-KY | Ben Chandler | Original | Jan 4, 2007 |
| D-CA | Brad Sherman | Original | Jan 4, 2007 |
| D-NY | Brian Higgins | Original | Jan 4, 2007 |
| R-MI | Candice S. Miller | Original | Jan 4, 2007 |
| R-CT | Christopher Shays | Original | Jan 4, 2007 |
| R-FL | Cliff Stearns | Original | Jan 4, 2007 |
| D-FL | Corrine Brown | Original | Jan 4, 2007 |
| D-IL | Daniel Lipinski | Original | Jan 4, 2007 |
| D-CA | Dennis A. Cardoza | Original | Jan 4, 2007 |
| D-CA | Doris O. Matsui | Original | Jan 4, 2007 |
| R-CA | Duncan Hunter | Original | Jan 4, 2007 |
| R-KY | Ed Whitfield | Original | Jan 4, 2007 |
| D-NY | Eliot L. Engel | Original | Jan 4, 2007 |
| R-CA | Elton Gallegly | Original | Jan 4, 2007 |
| D-MO | Emanuel Cleaver | Original | Jan 4, 2007 |
| R-NJ | Frank A. LoBiondo | Original | Jan 4, 2007 |
| R-CA | Gary G. Miller | Original | Jan 4, 2007 |
| R-KY | Geoff Davis | Original | Jan 4, 2007 |
| R-CA | George Radanovich | Original | Jan 4, 2007 |
| D-NY | Gregory W. Meeks | Original | Jan 4, 2007 |
| D-CA | Hilda L. Solis | Original | Jan 4, 2007 |
| D-CA | Howard L. Berman | Original | Jan 4, 2007 |
| D-RI | James R. Langevin | Original | Jan 4, 2007 |
| D-IL | Janice D. Schakowsky | Original | Jan 4, 2007 |
| R-CA | Jerry Lewis | Original | Jan 4, 2007 |
| D-GA | Jim Marshall | Original | Jan 4, 2007 |
| R-NJ | Jim Saxton | Original | Jan 4, 2007 |
| R-AL | Jo Bonner | Original | Jan 4, 2007 |
| R-TX | Joe Barton | Original | Jan 4, 2007 |
| R-MI | Joe Knollenberg | Original | Jan 4, 2007 |
| R-TX | John Abney Culberson | Original | Jan 4, 2007 |
| D-MI | John D. Dingell | Original | Jan 4, 2007 |
| D-MA | John F. Tierney | Original | Jan 4, 2007 |
| R-NY | John R. "Randy" Kuhl Jr. | Original | Jan 4, 2007 |
| R-CA | John T. Doolittle | Original | Jan 4, 2007 |
| D-MA | John W. Olver | Original | Jan 4, 2007 |
| R-TX | Kay Granger | Original | Jan 4, 2007 |
| R-CA | Ken Calvert | Original | Jan 4, 2007 |
| D-CA | Lois Capps | Original | Jan 4, 2007 |
| D-CO | Mark Udall | Original | Jan 4, 2007 |
| D-CA | Maxine Waters | Original | Jan 4, 2007 |
| D-ME | Michael H. Michaud | Original | Jan 4, 2007 |
| R-AL | Mike Rogers | Original | Jan 4, 2007 |
| D-IL | Rahm Emanuel | Original | Jan 4, 2007 |
| R-LA | Rodney Alexander | Original | Jan 4, 2007 |
| R-KY | Ron Lewis | Original | Jan 4, 2007 |
| R-TX | Ron Paul | Original | Jan 4, 2007 |
| D-CT | Rosa L. DeLauro | Original | Jan 4, 2007 |
| D-TX | Ruben Hinojosa | Original | Jan 4, 2007 |
| D-NJ | Rush Holt | Original | Jan 4, 2007 |
| D-CA | Sam Farr | Original | Jan 4, 2007 |
| R-OH | Steve Chabot | Original | Jan 4, 2007 |
| R-WI | Thomas E. Petri | Original | Jan 4, 2007 |
| D-PA | Tim Holden | Original | Jan 4, 2007 |
| R-PA | Todd Russell Platts | Original | Jan 4, 2007 |
| R-AZ | Trent Franks | Original | Jan 4, 2007 |
| R-OH | David L. Hobson | Jan 9, 2007 | |
| D-GA | David Scott | Jan 9, 2007 | |
| D-OH | Dennis J. Kucinich | Jan 9, 2007 | |
| R-VA | Frank R. Wolf | Jan 9, 2007 | |
| D-CA | George Miller | Jan 9, 2007 | |
| R-OR | Greg Walden | Jan 9, 2007 | |
| D-UT | Jim Matheson | Jan 9, 2007 | |
| R-VA | Jo Ann Davis | Jan 9, 2007 | |
| R-NY | John M. McHugh | Jan 9, 2007 | |
| R-CO | Marilyn N. Musgrave | Jan 9, 2007 | |
| D-AR | Marion Berry | Jan 9, 2007 | |
| D-ME | Thomas H. Allen | Jan 9, 2007 | |
| R-CA | Wally Herger | Jan 9, 2007 | |
| D-NJ | Bill Pascrell, Jr. | Jan 10, 2007 | |
| R-FL | C. W. Bill Young | Jan 10, 2007 | |
| R-IN | Mark E. Souder | Jan 10, 2007 | |
| D-WA | Norman D. Dicks | Jan 10, 2007 | |
| D-AL | Robert E. (Bud) Cramer Jr. | Jan 10, 2007 | |
| D-GA | Sanford D. Bishop, Jr. | Jan 10, 2007 | |
| R-WY | Barbara Cubin | Jan 12, 2007 | |
| R-CA | Brian P. Bilbray | Jan 12, 2007 | |
| D-NJ | Donald M. Payne | Jan 12, 2007 | |
| R-TX | Kenny Marchant | Jan 12, 2007 | |
| D-CA | Lynn C. Woolsey | Jan 12, 2007 | |
| R-TX | Pete Sessions | Jan 12, 2007 | |
| D-OR | Peter A. DeFazio | Jan 12, 2007 | |
| D-SD | Stephanie Herseth Sandlin | Jan 12, 2007 | |
| D-OH | Stephanie Tubbs Jones | Jan 12, 2007 | |
| R-TX | Ted Poe | Jan 12, 2007 | |
| D-WA | Brian Baird | Jan 19, 2007 | |
| D-NC | David E. Price | Jan 19, 2007 | |
| R-CO | Doug Lamborn | Jan 19, 2007 | |
| D-CA | Henry A. Waxman | Jan 19, 2007 | |
| R-FL | Jeff Miller | Jan 19, 2007 | |
| R-TX | Michael T. McCaul | Jan 19, 2007 | |
| D-WA | Rick Larsen | Jan 19, 2007 | |
| R-AL | Robert B. Aderholt | Jan 19, 2007 | |
| R-IN | Dan Burton | Jan 24, 2007 | |
| D-DC | Eleanor Holmes Norton | Jan 24, 2007 | |
| R-CA | Howard P. "Buck" McKeon | Jan 24, 2007 | |
| R-NY | James T. Walsh | Jan 24, 2007 | |
| D-CA | Joe Baca | Jan 24, 2007 | |
| R-SC | Joe Wilson | Jan 24, 2007 | |
| D-CT | John B. Larson | Jan 24, 2007 | |
| D-OH | Marcy Kaptur | Jan 24, 2007 | |
| D-CA | Michael M. Honda | Jan 24, 2007 | |
| D-WI | Tammy Baldwin | Jan 24, 2007 | |
| D-MD | Albert Russell Wynn | Jan 31, 2007 | |
| D-MI | Carolyn C. Kilpatrick | Jan 31, 2007 | |
| D-OR | Darlene Hooley | Jan 31, 2007 | |
| R-AK | Don Young | Jan 31, 2007 | |
| D-CA | Grace F. Napolitano | Jan 31, 2007 | |
| D-WA | Jay Inslee | Jan 31, 2007 | |
| R-CA | Mary Bono | Jan 31, 2007 | |
| D-HI | Neil Abercrombie | Jan 31, 2007 | |
| R-MD | Roscoe G. Bartlett | Jan 31, 2007 | |
| R-WA | Cathy McMorris Rodgers | Feb 5, 2007 | |
| D-MD | Chris Van Hollen | Feb 5, 2007 | |
| D-CO | Diana DeGette | Feb 5, 2007 | |
| D-NJ | Frank Pallone, Jr. | Feb 5, 2007 | |
| D-CA | Jerry McNerney | Feb 5, 2007 | |
| D-IL | Luis V. Gutierrez | Feb 5, 2007 | |
| R-OH | Michael R. Turner | Feb 5, 2007 | |
| R-UT | Rob Bishop | Feb 5, 2007 | |
| D-NJ | Robert E. Andrews | Feb 5, 2007 | |
| R-NJ | Rodney P. Frelinghuysen | Feb 5, 2007 | |
| D-TX | Solomon P. Ortiz | Feb 5, 2007 | |
| D-NY | Steve Israel | Feb 5, 2007 | |
| D-NJ | Steven R. Rothman | Feb 5, 2007 | |
| D-CA | Zoe Lofgren | Feb 5, 2007 | |
| R-NJ | Christopher H. Smith | Feb 8, 2007 | |
| D-ND | Earl Pomeroy | Feb 8, 2007 | |
| R-FL | Gus M. Bilirakis | Feb 8, 2007 | |
| D-IL | Jerry F. Costello | Feb 8, 2007 | |
| R-IL | Mark Kirk | Feb 8, 2007 | |
| D-IL | Phil Hare | Feb 8, 2007 | |
| R-NM | Stevan Pearce | Feb 8, 2007 | |
| R-MT | Denny Rehberg | Feb 16, 2007 | |
| R-CA | Devin Nunes | Feb 16, 2007 | |
| D-CA | Jane Harman | Feb 16, 2007 | |
| R-OH | Jim Jordan | Feb 16, 2007 | |
| D-CA | Juanita Millender-McDonald | Feb 16, 2007 | |
| R-NC | Patrick T. McHenry | Feb 16, 2007 | |
| D-FL | Alcee L. Hastings | Mar 1, 2007 | |
| D-MA | Bill Delahunt | Mar 1, 2007 | |
| D-TX | Gene Green | Mar 1, 2007 | |
| D-CO | John T. Salazar | Mar 1, 2007 | |
| R-NV | Jon C. Porter | Mar 1, 2007 | |
| R-TX | Kevin Brady | Mar 1, 2007 | |
| R-CA | Kevin McCarthy | Mar 1, 2007 | |
| D-IL | Melissa L. Bean | Mar 1, 2007 | |
| D-CA | Mike Thompson | Mar 1, 2007 | |
| R-IL | Ray LaHood | Mar 1, 2007 | |
| D-TX | Silvestre Reyes | Mar 1, 2007 | |
| R-OH | Steven C. LaTourette | Mar 1, 2007 | |
| D-CA | Susan A. Davis | Mar 1, 2007 | |
| R-MI | Thaddeus G. McCotter | Mar 1, 2007 | |
| D-MO | Wm. Lacy Clay | Mar 1, 2007 | |
| R-PA | Bill Shuster | Mar 5, 2007 | |
| D-IA | Bruce L. Braley | Mar 5, 2007 | |
| D-VI | Donna M. Christensen | Mar 5, 2007 | |
| D-NY | Edolphus Towns | Mar 5, 2007 | |
| D-AS | Eni F. H. Faleomavaega | Mar 5, 2007 | |
| D-GA | John Barrow | Mar 5, 2007 | |
| D-CA | Linda T. Sánchez | Mar 5, 2007 | |
| R-TX | Michael C. Burgess | Mar 5, 2007 | |
| D-NC | Mike McIntyre | Mar 5, 2007 | |
| D-AZ | Raúl M. Grijalva | Mar 5, 2007 | |
| D-TX | Sheila Jackson Lee | Mar 5, 2007 | |
| R-AL | Terry Everett | Mar 5, 2007 | |
| R-CO | Thomas G. Tancredo | Mar 5, 2007 | |
| R-NY | Thomas M. Reynolds | Mar 5, 2007 | |
| D-TX | Eddie Bernice Johnson | Mar 7, 2007 | |
| R-SC | Henry E. Brown, Jr. | Mar 7, 2007 | |
| D-CT | Joe Courtney | Mar 7, 2007 | |
| D-MI | John Conyers, Jr. | Mar 7, 2007 | |
| D-GU | Madeleine Z. Bordallo | Mar 7, 2007 | |
| D-NY | Timothy H. Bishop | Mar 7, 2007 | |
| D-CA | Tom Lantos | Mar 7, 2007 | |
| D-WA | Adam Smith | Mar 13, 2007 | |
| D-MI | Dale E. Kildee | Mar 13, 2007 | |
| D-OR | David Wu | Mar 13, 2007 | |
| D-OR | Earl Blumenauer | Mar 13, 2007 | |
| D-MA | Edward J. Markey | Mar 13, 2007 | |
| R-NM | Heather Wilson | Mar 13, 2007 | |
| D-GA | John Lewis | Mar 13, 2007 | |
| D-NY | Michael R. McNulty | Mar 13, 2007 | |
| D-KS | Nancy E. Boyda | Mar 13, 2007 | |
| R-AZ | Rick Renzi | Mar 13, 2007 | |
| D-NJ | Albio Sires | Apr 16, 2007 | |
| D-NY | Anthony D. Weiner | Apr 16, 2007 | |
| D-CA | Barbara Lee | Apr 16, 2007 | |
| D-CA | Bob Filner | Apr 16, 2007 | |
| R-LA | Charles W. Boustany, Jr. | Apr 16, 2007 | |
| D-PA | Christopher P. Carney | Apr 16, 2007 | |
| D-CA | Diane E. Watson | Apr 16, 2007 | |
| D-CO | Ed Perlmutter | Apr 16, 2007 | |
| D-NC | Heath Shuler | Apr 16, 2007 | |
| R-NC | Howard Coble | Apr 16, 2007 | |
| R-SC | J. Gresham Barrett | Apr 16, 2007 | |
| D-IL | Jesse L. Jackson, Jr. | Apr 16, 2007 | |
| D-CA | Jim Costa | Apr 16, 2007 | |
| D-KY | John A. Yarmuth | Apr 16, 2007 | |
| D-FL | Kendrick B. Meek | Apr 16, 2007 | |
| D-PA | Patrick J. Murphy | Apr 16, 2007 | |
| D-FL | Robert Wexler | Apr 16, 2007 | |
| D-MI | Sander M. Levin | Apr 16, 2007 | |
| R-NE | Adrian Smith | Apr 20, 2007 | |
| R-WA | David G. Reichert | Apr 20, 2007 | |
| D-CA | Lucille Roybal-Allard | Apr 20, 2007 | |
| R-TN | Zach Wamp | Apr 20, 2007 | |
| D-PA | Allyson Y. Schwartz | Apr 26, 2007 | |
| D-GA | Henry C. "Hank" Johnson, Jr. | Apr 26, 2007 | |
| D-CA | Loretta Sanchez | Apr 26, 2007 | |
| R-GA | Lynn A. Westmoreland | Apr 26, 2007 | |
| D-WI | Steve Kagen | Apr 26, 2007 | |
| D-MS | Bennie G. Thompson | May 3, 2007 | |
| D-PA | Chaka Fattah | May 3, 2007 | |
| D-VA | James P. Moran | May 3, 2007 | |
| D-TX | Lloyd Doggett | May 3, 2007 | |
| D-TX | Nick Lampson | May 3, 2007 | |
| D-FL | Ron Klein | May 3, 2007 | |
| D-MO | Russ Carnahan | May 3, 2007 | |
| R-FL | John L. Mica | May 10, 2007 | |
| D-IN | Julia Carson | May 10, 2007 | |
| D-RI | Patrick J. Kennedy | May 10, 2007 | |
| D-NC | Brad Miller | May 15, 2007 | |
| R-UT | Chris Cannon | May 15, 2007 | |
| D-TX | Ciro D. Rodriguez | May 15, 2007 | |
| R-TX | John R. Carter | May 15, 2007 | |
| D-NY | Louise McIntosh Slaughter | May 15, 2007 | |
| D-NY | Nita M. Lowey | May 15, 2007 | |
| R-WV | Shelley Moore Capito | May 15, 2007 | |
| R-MI | Tim Walberg | May 15, 2007 | |
| D-CA | Ellen O. Tauscher | May 16, 2007 | |
| D-MD | John P. Sarbanes | May 16, 2007 | |
| D-TN | Lincoln Davis | May 16, 2007 | |
| R-IL | Peter J. Roskam | May 16, 2007 | |
| D-NV | Shelley Berkley | May 16, 2007 | |
| D-TN | Steve Cohen | May 16, 2007 | |
| R-FL | Ander Crenshaw | May 17, 2007 | |
| R-IL | Jerry Weller | May 17, 2007 | |
| R-IA | Steve King | May 17, 2007 | |
| D-MI | Bart Stupak | May 21, 2007 | |
| D-MD | Elijah E. Cummings | May 21, 2007 | |
| D-AZ | Gabrielle Giffords | May 21, 2007 | |
| D-NY | Kirsten E. Gillibrand | May 21, 2007 | |
| D-NY | Maurice D. Hinchey | May 21, 2007 | |
| D-VT | Peter Welch | May 21, 2007 | |
| D-TX | Chet Edwards | May 24, 2007 | |
| R-NV | Dean Heller | May 24, 2007 | |
| D-TN | Jim Cooper | May 24, 2007 | |
| R-TX | K. Michael Conaway | May 24, 2007 | |
| D-MA | Richard E. Neal | May 24, 2007 | |
| D-NY | Yvette D. Clarke | May 24, 2007 | |
| D-LA | Charlie Melancon | Jun 7, 2007 | |
| D-PA | Jason Altmire | Jun 7, 2007 | |
| D-NY | Jerrold Nadler | Jun 7, 2007 | |
| D-NY | John J. Hall | Jun 13, 2007 | |
| D-MA | Martin T. Meehan | Jun 15, 2007 | |
| D-NH | Paul W. Hodes | Jun 22, 2007 | |
| D-IN | Joe Donnelly | Jul 11, 2007 | |
| D-IL | Danny K. Davis | Aug 1, 2007 | |
| D-NH | Carol Shea-Porter | Sep 7, 2007 | |
| D-CT | Christopher Murphy | Sep 24, 2007 | |
| D-WA | Jim McDermott | Oct 1, 2007 | |
| D-HI | Mazie K. Hirono | Oct 10, 2007 | |
| D-PA | John P. Murtha | Jan 15, 2008 | |
| R-ID | Michael K. Simpson | Feb 27, 2008 | |
| D-OH | Betty Sutton | Apr 29, 2008 | |
| D-IL | Bill Foster | Apr 29, 2008 | |
| D-NY | Michael A. Arcuri | May 20, 2008 | |
| R-FL | Ric Keller | Jun 4, 2008 | |
| R-PA | Joseph R. Pitts | Jul 17, 2008 | |
| D-MS | Travis Childers | Sep 18, 2008 | |
| D-CA | Laura Richardson | Sep 25, 2008 |
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 Jan 4, 2007 |
Actions 2
Everything that happened, newest first.
- Jan 4, 2007Introduced in House
- Jan 4, 2007Referred to the House Committee on Financial Services.
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.
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. 110-25 | H.R. 698, THE INDUSTRIAL BANK HOLDING COMPANY ACT OF 2007228 pages | Financial Services Committee | Apr 25, 2007 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 413 | Community Choice in Real Estate Act | Identical bill | Jan 26, 2007 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Bank Holding Company Act of 1956 and the Revised Statutes of the United States to prohibit financial holding companies and national banks from engaging, directly or indirectly, in real estate brokerage or real estate management activities, and for other purposes.
- Short Titles as Introduced
- Community Choice in Real Estate Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jan 4, 2007Introduced 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.