US Congress House Bill 2034 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 8-1)
Status: Engrossed on July 30 2009 - 50% progression, died in chamber
Action: 2009-07-30 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Rural Homeowners Protection Act of 2009 - Amends the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Act and the Housing Act of 1949 to: (1) increase from 1% to 2% the guarantee fee on loans for housing and buildings on adequate farms; and (2) authorize the Secretary of Agriculture to guarantee a loan made to refinance one made by a private lender to an individual to acquire or construct a single-family residence located in a rural area. Requires the Secretary to charge a guarantee fee for refinancing such a loan at levels necessary, but no higher than needed, to allow such class of loans to be guaranteed without resulting in a need for an appropriation for a credit subsidy.

Rural Homeowners Protection Act of 2009

Sen. Shelley Capito [R-WV]	Rep. Lacy Clay [D-MO]	Rep. Barney Frank [D-MA]	Rep. Al Green [D-TX]
Rep. Luis Gutierrez [D-IL]	Rep. Ruben Hinojosa [D-TX]	Rep. Paul Hodes [D-NH]	Rep. Gregory Meeks [D-NY]
Rep. Maxine Waters [D-CA]

Date	Chamber	Action
2009-07-30		Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2009-07-29		Motion to reconsider laid on the table Agreed to without objection.
2009-07-29		On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8971)
2009-07-29		DEBATE - The House proceeded with forty minutes of debate on H.R. 2034.
2009-07-29		Considered under suspension of the rules. (consideration: CR H8971)
2009-07-29		Mr. Moore (KS) moved to suspend the rules and pass the bill.
2009-04-22		Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/2034/all-info