US SB331 | 2019-2020 | 116th Congress
Status
Sponsorship: Partisan Bill (Democrat 16)
Status: Introduced on February 5 2019 - 25% progression, died in committee
Action: 2019-02-05 - 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 (Introduced) [PDF]
Status: Introduced on February 5 2019 - 25% progression, died in committee
Action: 2019-02-05 - 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 (Introduced) [PDF]
Summary
Expands requirements for public disclosures by depository institutions and credit unions regarding mortgages and home equity lines of credit. Specifically, institutions originating fewer than 500 mortgage loans or open-end lines of credit annually are no longer exempt from certain financial reporting.
Title
Home Loan Quality Transparency Act of 2019
Sponsors
| Sen. Catherine Cortez Masto [D-NV] | Sen. Robert Menendez [D-NJ] | Sen. Richard Durbin [D-IL] | Sen. Tammy Duckworth [D-IL] |
| Sen. Cory Booker [D-NJ] | Sen. Maria Cantwell [D-WA] | Sen. Dianne Feinstein [D-CA] | Sen. Kirsten Gillibrand [D-NY] |
| Sen. Kamala Harris [D-CA] | Sen. Elizabeth Warren [D-MA] | Sen. Ron Wyden [D-OR] | Sen. Tina Smith [D-MN] |
| Sen. Chris Van Hollen [D-MD] | Sen. Richard Blumenthal [D-CT] | Sen. Sherrod Brown [D-OH] | Sen. Amy Klobuchar [D-MN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-05 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB963 (Same As) 2019-02-05 - Referred to the House Committee on Financial Services.
HB1500 (Related) 2019-05-23 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
HB1500 (Related) 2019-05-23 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
Banking and financial institutions regulation
Business records
Finance and financial sector
Government information and archives
Housing finance and home ownership
Business records
Finance and financial sector
Government information and archives
Housing finance and home ownership
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/331/all-info |
| Text | https://www.congress.gov/116/bills/s331/BILLS-116s331is.pdf |
