US Congress House Bill 2446 (Prior Session Legislation)

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August 2 2012 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

RESPA Home Warranty Clarification Act of 2012 - Amends the Real Estate Settlement Procedures Act of 1974 (RESPA) to state that no prohibited kickback or unearned fee incident to a real estate settlement service involving a federally related mortgage loan shall be deemed to include, or be deemed to have included, homeowner warranties or similar residential service contracts for the repair or replacement of home system components or home appliances. Requires any person that pays another person not employed by the person for selling, advertising, marketing, or processing, or performing an inspection in connection with, a homeowner warranty or similar residential service contract for the repair or replacement of home system components or home appliances, to include a specified statement reflecting this Act in any such warranty or contract incident to a transaction involving the origination of a federally related mortgage loan. Requires any person who has contracted to receive payment from a provider of such services for recommending the purchase of a home warranty or similar residential service contract, and is not an employee of such provider, to give the potential purchaser, upon first recommending such a purchase, a written notice informing the individual that such person has received or will receive compensation from the warranty company for the residential service. Allows the individual to opt out of purchasing such a warranty or service contract, or to purchase it from another provider.

RESPA Home Warranty Clarification Act of 2012

Rep Biggert, Judy	Rep Baca, Joe	Rep Blackburn, Marsha	Rep Capito, Shelley Moore
Rep Clay, Wm. Lacy	Rep Cleaver, Emanuel	Rep Cohen, Steve	Rep Cooper, Jim
Rep Crawford, Eric A. "Rick"	Rep DesJarlais, Scott	Rep Dold, Robert J.	Rep Duncan, John J., Jr.
Rep Fincher, Stephen Lee	Rep Fleischmann, Charles J. "Chuck"	Rep Griffin, Tim	Rep Grimm, Michael G.
Rep Guthrie, Brett	Rep Hayworth, Nan A. S.	Rep Hinojosa, Ruben	Rep Huizenga, Bill
Rep Hunter, Duncan D.	Rep Jones, Walter B., Jr.	Rep King, Peter T.	Rep Latham, Tom
Rep Lewis, John	Rep Luetkemeyer, Blaine	Rep Manzullo, Donald A.	Rep McCotter, Thaddeus G.
Rep McHenry, Patrick T.	Rep Meeks, Gregory W.	Rep Miller, Gary G.	Rep Moore, Gwen
Rep Posey, Bill	Rep Roe, David P.	Rep Ross, Mike	Rep Royce, Edward R.
Rep Scott, David	Rep Sewell, Terri A.	Rep Sherman, Brad	Rep Stivers, Steve
Rep Westmoreland, Lynn A.

Date	Chamber	Action
2012-08-02	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2012-08-01	House	Motion to reconsider laid on the table Agreed to without objection.
2012-08-01	House	On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5612)
2012-08-01	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 2446.
2012-08-01	House	Considered under suspension of the rules. (consideration: CR H5612-5613)
2012-08-01	House	Mrs. Biggert moved to suspend the rules and pass the bill, as amended.
2012-07-31	House	Placed on the Union Calendar, Calendar No. 455.
2012-07-31	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 112-633.
2012-03-27	House	Ordered to be Reported (Amended) by Voice Vote.
2012-03-27	House	Committee Consideration and Mark-up Session Held.
2011-12-08	House	Forwarded by Subcommittee to Full Committee by Voice Vote .
2011-12-08	House	Subcommittee Consideration and Mark-up Session Held.
2011-07-19	House	Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
2011-07-13	House	Hearings Held by the Subcommittee on Insurance, Housing and Community Opportunity Prior to Referral.
2011-07-07	House	Referred to the House Committee on Financial Services.

Type	Source
Summary	http://thomas.loc.gov/cgi-bin/bdquery/z?d112:HN02446:@@@L&summ2=m&
Text	http://gpo.gov/fdsys/pkg/BILLS-112hr2446ih/pdf/BILLS-112hr2446ih.pdf
Text	http://gpo.gov/fdsys/pkg/BILLS-112hr2446rh/pdf/BILLS-112hr2446rh.pdf
Text	http://gpo.gov/fdsys/pkg/BILLS-112hr2446eh/pdf/BILLS-112hr2446eh.pdf