US HB2954 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Republican 8-0)
Status: Engrossed on January 19 2018 - 50% progression, died in committee
Action: 2018-01-19 - 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]

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.

Tracking Information

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Title

Home Mortgage Disclosure Adjustment Act

Sponsors


Roll Calls

2018-01-18 - House - On motion to recommit with instructions RC# 31 (Y: 191 N: 236 NV: 3 Abs: 0) [FAIL]
2018-01-18 - House - On passage RC# 32 (Y: 243 N: 184 NV: 3 Abs: 0) [PASS]

History

DateChamberAction
2018-01-19SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2018-01-18HouseMotion to reconsider laid on the table Agreed to without objection.
2018-01-18HouseOn passage Passed by the Yeas and Nays: 243 - 184 (Roll no. 32).
2018-01-18HouseOn motion to recommit with instructions Failed by the Yeas and Nays: 191 - 236 (Roll no. 31).
2018-01-18HouseConsidered as unfinished business. (consideration: CR H536-537)
2018-01-18HousePOSTPONED 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.
2018-01-18HouseThe previous question on the motion to recommit with instructions was ordered without objection.
2018-01-18HouseDEBATE - 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.
2018-01-18HouseMr. Ellison moved to recommit with instructions to the Committee on Financial Services. (text: CR H520-521)
2018-01-18HouseThe previous question was ordered pursuant to the rule.
2018-01-18HouseDEBATE - The House proceeded with one hour of debate on H.R. 2954.
2018-01-18HouseThe 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.
2018-01-18HouseConsidered under the provisions of rule H. Res. 693. (consideration: CR H513-521)
2018-01-17HouseRule H. Res. 693 passed House.
2018-01-16HouseRules 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.
2018-01-08HousePlaced on the Union Calendar, Calendar No. 359.
2018-01-08HouseReported (Amended) by the Committee on Financial Services. H. Rept. 115-485.
2017-10-12HouseOrdered to be Reported (Amended) by the Yeas and Nays: 36 - 24.
2017-10-12HouseCommittee Consideration and Mark-up Session Held.
2017-10-11HouseCommittee Consideration and Mark-up Session Held.
2017-06-20HouseReferred to the House Committee on Financial Services.
2017-06-20HouseIntroduced in House

Same As/Similar To

HB2954 (Related) 2018-01-19 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
HB3354 (Related) 2017-09-27 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 230.
HB10 (Related) 2017-07-13 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
HB2133 (Related) 2017-07-12 - Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
HB3280 (Related) 2017-07-26 - Committee on Appropriations Senate Subcommittee on Financial Services and General Government. Hearings held on the subject prior to measure being received from the House. Hearings printed: S. Hrg. 115-191.
SB1310 (Related) 2017-06-08 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-81.
SB2155 (Related) 2018-05-24 - Became Public Law No: 115-174.
HR693 (Related) 2018-01-17 - Motion to reconsider laid on the table Agreed to without objection.
HR905 (Similar To) 2018-05-22 - Motion to reconsider laid on the table Agreed to without objection.

Subjects


US Congress State Sources


Bill Comments

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