US HB6492 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 42-0)
Status: Introduced on April 14 2020 - 25% progression, died in committee
Action: 2020-04-14 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Sets forth additional housing protections during the COVID-19 (i.e., coronavirus disease 2019) emergency period. Mortgage holders and lenders are prohibited from requiring payment on a mortgage deferred during the COVID-19 emergency period until the later of (1) the last day of the loan term, or (2) the end of the deferral period. The bill establishes the Tenant Protection Program that provides loans to landlords who waive rent during the COVID-19 emergency period. The bill also provides for forgiveness of these loans if the landlord provides lease extensions and agrees not to evict tenants. applies retroactively to the beginning of the COVID-19 emergency period and applies to any future declared COVID-19 emergency period.

Tracking Information

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Title

Ensuring HOMES Act Ensuring Homeowner and Occupant Monetary Encouragement and Stability Act

Sponsors


History

DateChamberAction
2020-04-14HouseReferred to the House Committee on Financial Services.
2020-04-14HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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