HR 8616 · 117th Congress 2021–2023, ended

VALID Act of 2022

Latest action · Jul 29, 2022 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.

  1. IntroducedJul 29, 2022
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

VA Loan Informed Disclosure Act of 2022 or the VALID Act of 2022

The bill requires a Federal Housing Administration mortgage notice to a veteran to contain comparative rate and fee information about loans available under the Veterans Affairs home loan program.

Cosponsors 101

Members who signed on, in the order they did. Signatures ran from Jul 29, 2022 to Dec 23, 2022; 2 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-PAGuy ReschenthalerOriginalJul 29, 2022
D-TXMarc A. VeaseyOriginalJul 29, 2022
D-CAEric SwalwellAug 9, 2022
R-PAGlenn ThompsonAug 9, 2022
D-CAKatie PorterAug 9, 2022
D-OHTim RyanAug 9, 2022
D-INAndré CarsonAug 19, 2022
R-VABen ClineAug 19, 2022
R-CADavid G. ValadaoAug 19, 2022
D-NVDina TitusAug 19, 2022
R-NYElise M. StefanikAug 19, 2022
D-AZTom O'HalleranAug 19, 2022
D-FLVal Butler DemingsAug 19, 2022
D-FLAl Lawson, Jr.Aug 26, 2022
R-WACathy McMorris RodgersAug 26, 2022
D-DCEleanor Holmes NortonAug 26, 2022
D-CAJim CostaAug 26, 2022
D-CAJuan VargasAug 26, 2022
D-WAMarilyn StricklandAug 26, 2022
D-CAMike ThompsonAug 26, 2022
D-AZRaúl M. GrijalvaAug 26, 2022
D-PASusan WildAug 26, 2022
D-VAElaine G. LuriaAug 30, 2022
R-FLBill PoseySep 13, 2022
R-PABrian K. FitzpatrickSep 13, 2022
D-NHChris PappasSep 13, 2022
D-IACynthia AxneSep 13, 2022
D-HIEd CaseSep 13, 2022
D-COJason CrowSep 13, 2022
D-VAJennifer WextonSep 13, 2022
D-TXLloyd DoggettSep 13, 2022
R-FLMaria Elvira SalazarSep 13, 2022
R-IAMariannette Miller-MeeksSep 13, 2022
D-GUMichael F. Q. San NicolasSep 13, 2022
R-FLMichael WaltzSep 13, 2022
R-AZPaul A. GosarSep 13, 2022
D-CASara JacobsSep 13, 2022
D-WASuzan K. DelBeneSep 13, 2022
D-ORSuzanne BonamiciSep 13, 2022
R-WIThomas P. TiffanySep 13, 2022
R-FLJohn H. RutherfordSep 14, 2022
R-NCRichard HudsonSep 14, 2022
D-WARick LarsenSep 14, 2022
D-WAKim SchrierSep 22, 2022
D-VAA. Donald McEachinSep 29, 2022
R-MIJack BergmanSep 29, 2022
R-CAJay ObernolteSep 29, 2022
D-FLKathy CastorSep 29, 2022
R-NVMark E. AmodeiSep 29, 2022
D-MASeth MoultonSep 29, 2022
R-MNTom EmmerSep 29, 2022
R-UTBurgess OwensSep 30, 2022
R-FLMario Diaz-BalartSep 30, 2022
R-TXMichael T. McCaulSep 30, 2022
D-TXSylvia R. GarciaOct 14, 2022
D-TXVicente GonzalezOct 14, 2022
D-NYAdriano EspaillatOct 21, 2022
D-NHAnn M. KusterOct 21, 2022
R-IAAshley HinsonOct 21, 2022
D-CABarbara LeeOct 21, 2022
D-MDDavid J. TroneOct 21, 2022
D-PADwight EvansOct 21, 2022
R-PAMike KellyOct 21, 2022
D-NYNydia M. VelázquezOct 21, 2022
D-TXSheila Jackson LeeOct 21, 2022
D-NYGregory W. MeeksOct 31, 2022
D-PAMadeleine DeanOct 31, 2022
D-ILMike QuigleyOct 31, 2022
D-GANikema WilliamsOct 31, 2022
R-FLScott FranklinOct 31, 2022
D-TXColin Z. AllredNov 7, 2022
D-MIRashida TlaibNov 7, 2022
D-OHShontel M. BrownNov 7, 2022
D-CATed LieuNov 7, 2022
D-PAMatt CartwrightNov 14, 2022
D-NYJoseph D. MorelleNov 16, 2022
D-MAStephen F. LynchNov 16, 2022
D-FLDarren SotoNov 17, 2022
D-CADoris O. MatsuiNov 17, 2022
D-MOEmanuel CleaverNov 17, 2022
D-OHJoyce BeattyNov 17, 2022
D-ILDanny K. DavisNov 29, 2022
D-VAGerald E. ConnollyNov 29, 2022
R-FLGus M. BilirakisNov 29, 2022
D-CAJerry McNerneyNov 29, 2022
D-NJJosh GottheimerNov 29, 2022
D-FLLois FrankelNov 29, 2022
D-AKMary Sattler PeltolaNov 29, 2022
D-NCDeborah K. RossNov 30, 2022
R-VARobert J. WittmanNov 30, 2022
D-ILBill FosterDec 6, 2022
D-TXJoaquin CastroDec 6, 2022
D-CASalud O. CarbajalDec 7, 2022
D-NJAndy KimDec 8, 2022
R-MIJohn R. MoolenaarDec 8, 2022
D-CAMark DeSaulnierDec 8, 2022
D-LATroy A. CarterDec 8, 2022
D-TXVeronica EscobarDec 12, 2022
D-WAAdam SmithDec 15, 2022
R-MNBrad FinstadDec 15, 2022
D-CAMark TakanoDec 23, 2022

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Jul 29, 2022

Actions 2

Everything that happened, newest first.

  1. Jul 29, 2022Introduced in House
  2. Jul 29, 2022Referred 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.

Constitutional authority

By Mr. KILMER: H.R. 8616 Congress has the power to enact this legislation pursuant to the following: Article I, Section 8, Clause 3 (relating to the power of Congress to regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.)

The sponsor’s statement, as printed in the Congressional Record, vol. 168, no. 127, July 29, 2022, page H7540.

Titles 3

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the National Housing Act to include information regarding VA home loans in the Informed Consumer Choice Disclosure required to be provided to a prospective FHA borrower who is a veteran.
Short Title(s) as Introduced
VALID Act of 2022
VA Loan Informed Disclosure Act of 2022

Subjects

Assigned by the Library of Congress. Policy area: Housing and Community Development.

Text 1

Each version as it was printed, newest first.

  1. Jul 29, 2022Introduced in House

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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.