US SB682 | 2015-2016 | 114th Congress
Status
Sponsorship: Moderate Partisan Bill (Republican 25-3)
Status: Introduced on March 10 2015 - 25% progression, died in chamber
Action: 2015-04-16 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 10 2015 - 25% progression, died in chamber
Action: 2015-04-16 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Summary
Preserving Access to Manufactured Housing Act of 2015 Amends the Truth in Lending Act to revise the exclusion from the meaning of "mortgage originator" of any employee of a retailer of manufactured homes who does not for compensation or gain take residential mortgage loan applications, for compensation or gain offer or negotiate terms of a residential mortgage loan, or advise a consumer on loan terms (including rates, fees, and other costs). Excludes from the meaning of "mortgage originator," instead, any retailer of manufactured or modular homes or its employees unless the retailer or its employees receive compensation or gain for engaging in certain activities in excess of any compensation or gain received in a comparable cash transaction. Revises the definition of "high cost mortgage."
Title
Preserving Access to Manufactured Housing Act of 2015
Sponsors
| Sen. Joe Donnelly [D-IN] | Sen. Pat Toomey [R-PA] | Sen. Joe Manchin [D-WV] | Sen. Tom Cotton [R-AR] |
| Sen. Shelley Capito [R-WV] | Sen. Mike Crapo [R-ID] | Sen. Bob Corker [R-TN] | Sen. Chuck Grassley [R-IA] |
| Sen. Lamar Alexander [R-TN] | Sen. James Inhofe [R-OK] | Sen. Steve Daines [R-MT] | Sen. Rob Portman [R-OH] |
| Sen. Roger Wicker [R-MS] | Sen. Thad Cochran [R-MS] | Sen. James Lankford [R-OK] | Sen. Gary Peters [D-MI] |
| Sen. John Boozman [R-AR] | Sen. Tim Scott [R-SC] | Sen. Marco Rubio [R-FL] | Sen. Kelly Ayotte [R-NH] |
| Sen. John Hoeven [R-ND] | Sen. Jeff Sessions [R-AL] | Sen. Daniel Coats [R-IN] | Sen. Rand Paul [R-KY] |
| Sen. Jeff Flake [R-AZ] | Sen. John McCain [R-AZ] | Sen. James Risch [R-ID] | Sen. Joni Ernst [R-IA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-04-16 | Senate | Committee on Banking, Housing, and Urban Affairs. Hearings held. |
| 2015-03-10 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB650 (Same As) 2015-04-15 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
SB1910 (Related) 2015-07-30 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 176.
SB1910 (Related) 2015-07-30 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 176.
Subjects
Banking and financial institutions regulation
Housing and community development
Housing finance and home ownership
Housing industry and standards
Interest, dividends, interest rates
Real estate business
Retail and wholesale trades
Housing and community development
Housing finance and home ownership
Housing industry and standards
Interest, dividends, interest rates
Real estate business
Retail and wholesale trades
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/682/all-info |
| Text | https://www.congress.gov/114/bills/s682/BILLS-114s682is.pdf |
