Congress 115 - HR 2954 - Home Mortgage Disclosure Adjustment Act

Sponsor

Cosponsors

Topics

Banking and financial institutions regulation Business records Consumer credit Executive agency funding and structure Finance and Financial Sector Housing finance and home ownership Securities and Exchange Commission (SEC) User charges and fees

Full Text

View Full Bill Text

Votes

Summary

Home Mortgage Disclosure Adjustment Act

(Sec. 2) This bill amends the Home Mortgage Disclosure Act of 1975 to exempt a depository institution from certain records and disclosure requirements related to the itemization of loan data: (1) with respect to closed-end mortgage loans, if the depository institution originated fewer than 500 such loans in each of the two preceding years; and (2) with respect to open-end lines of credit, if the depository institution originated fewer than 500 such lines of credit in each of the two preceding years.

(Sec. 3) The amount deposited in the Securities and Exchange Commission Reserve Fund for FY2018 may not exceed $48 million.

Actions

Jan 19, 2018

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan 18, 2018

Motion to reconsider laid on the table Agreed to without objection.
Jan 18, 2018

On passage Passed by the Yeas and Nays: 243 - 184 (Roll no. 32).
Jan 18, 2018

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 243 - 184 (Roll no. 32).
Jan 18, 2018

On motion to recommit with instructions Failed by the Yeas and Nays: 191 - 236 (Roll no. 31).
Jan 18, 2018

Considered as unfinished business. (consideration: CR H536-537)
Jan 18, 2018

POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit, the Chair put the question on the motion, and by voice vote, announced that the noes had prevailed. Mr. Ellison demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
Jan 18, 2018

The previous question on the motion to recommit with instructions was ordered without objection.
Jan 18, 2018

DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with instructions to add language mandating certain officers and institutions to confirm that they abide by requirements outlined within the amendment.
Jan 18, 2018

Mr. Ellison moved to recommit with instructions to the Committee on Financial Services. (text: CR H520-521)
Jan 18, 2018

The previous question was ordered pursuant to the rule.
Jan 18, 2018

DEBATE - The House proceeded with one hour of debate on H.R. 2954.
Jan 18, 2018

The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures.
Jan 18, 2018

Considered under the provisions of rule H. Res. 693. (consideration: CR H513-521)
Jan 17, 2018

Rule H. Res. 693 passed House.
Jan 16, 2018

Rules Committee Resolution H. Res. 693 Reported to House. The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures.
Jan 8, 2018

Placed on the Union Calendar, Calendar No. 359.
Jan 8, 2018

Reported (Amended) by the Committee on Financial Services. H. Rept. 115-485.
Oct 12, 2017

Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 24.
Oct 12, 2017

Committee Consideration and Mark-up Session Held.
Oct 11, 2017

Committee Consideration and Mark-up Session Held.
Jun 20, 2017

Referred to the House Committee on Financial Services.
Jun 20, 2017

Introduced in House

Amendments

Related Bills