| Latest Action: 05/08/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextTo facilitate the preservation of certain affordable housing dwelling units. 5/1/2008--Introduced. Authorizes the Secretary of Housing and Urban Development (HUD), upon request of the owner of a multifamily housing project to which specified contracts are subject, to: (1) convert such contracts to a contract for project-based rental assistance under section 8 of the United States Housing Act of 1937; and (2) treat the contemplated resulting contract as eligible for initial renewal under the Multifamily Assisted Housing Reform and Affordability Act of 1997, if certain conditions are met. Deems the owner to be in compliance with income-targeting requirements of the United States Housing Act of 1937 by serving low-income families. Considers each family residing in an assisted dwelling unit on the date of such conversion to meet the applicable requirements for income eligibility and occupancy. | | Latest Action: 04/23/2008 - Sponsor introductory remarks on measure. (CR S3309)
Bill Text
A resolution commemorating the 110th anniversary of the founding of the Greater Philadelphia Association of Realtors.
| | Latest Action: 04/21/2008 - Sponsor introductory remarks on measure. (CR S3208)
Bill TextA bill to amend the Higher Education Act of 1965 to maintain eligibility, for Federal PLUS loans, of borrowers who are 90 or more days delinquent on mortgage loan payments, or for whom foreclosure proceedings have been initiated, with respect to their primary residence. 4/21/2008--Introduced. PLUS Loan Borrower Protection Act of 2008 - Amends the Higher Education Act of 1965, with respect to eligibility for a PLUS Federal Family Education Loan, to specify an extenuating circumstance for purposes of determining if a borrower has an adverse credit history on the basis of a mortgage loan delinquency or foreclosure. Declares that an extenuating circumstance exists if, at any time from January 1, 2007, through December 31, 2112, the borrower is 90 or more days delinquent on mortgage loan payments, or foreclosure proceedings have been initiated, with respect to the borrower's primary residence. | | Also tagged in: Armed forces, Armed forces reserves, Defense policy, Families, Finance, Iraq compilation, Labor, Medical care, Medicine, Military dependents, Military discharges, Military medicine, Military pay, Mortgages, Post exchanges, Severance pay Latest Action: 04/16/2008 - Read twice and referred to the Committee on Armed Services.
Bill Text
A bill to amend titles 5, 10, 37, and 38, United States Code, to ensure the fair treatment of a member of the Armed Forces who is discharged from the Armed Forces, at the request of the member, pursuant to the Department of Defense policy permitting the early discharge of a member who is the only surviving child in a family in which the father or mother, or one or more siblings, served in the Armed Forces and, because of hazards incident to such service, was killed, died as a result of wounds, accident, or disease, is in a captured or missing in action status, or is permanently disabled, and for other purposes.
| | Also tagged in: Administrative remedies, Africa (Sub-Saharan), Aged, Air force, Alternative energy sources, Ammunition, Animals, Annuities, Armed forces, Armed forces abroad, Armed forces reserves, Armed Forces Retirement Home, Arms control, Arms sales, Army, Authorization Latest Action: 03/31/2008 - Sponsor introductory remarks on measure. (CR S2234)
Bill TextA bill to authorize appropriations for fiscal year 2009 for military activities of the Department of Defense, to prescribe military personnel strengths for fiscal year 2009, and for other purposes. 3/31/2008--Introduced. National Defense Authorization Act for Fiscal Year 2009 - Authorizes appropriations for the Department of Defense (DOD) for FY2009. Authorizes appropriations to DOD for: (1) procurement, including aircraft, missiles, weapons and tracked combat vehicles, ammunition, shipbuilding and conversion, and other procurement; (2) the Rapid Acquisition Fund; (3) the Joint Improvised Explosive Device Defeat Fund; (4) Defense Production Act purchases; (5) research, development, test, and evaluation; (6) operation and maintenance, including working capital funds, the Defense Health Program, chemical agents and munitions destruction, drug interdiction and counter-drug activities, and the Defense Inspector General; (6) active and reserve military personnel, including [...] show full description | | Also tagged in: Armed forces, Armed forces reserves, Defense policy, Families, Finance, Iraq compilation, Labor, Medical care, Medicine, Military dependents, Military discharges, Military medicine, Military pay, Mortgages, Post exchanges, Severance pay Latest Action: 04/25/2008 - Referred to the Subcommittee on Military Personnel.
Bill Text
To amend titles 5, 10, 37, and 38, United States Code, to ensure the fair treatment of a member of the Armed Forces who is discharged from the Armed Forces, at the request of the member, pursuant to the Department of Defense policy permitting the early discharge of a member who is the only surviving child in a family in which the father or mother, or one or more siblings, served in the Armed Forces and, because of hazards incident to such service, was killed, died as a result of wounds, accident, or disease, is in a captured or missing in action status, or is permanently disabled, and for other purposes.
| | Also tagged in: Afghanistan, Armed forces, Consumer credit, Consumers, Counseling, Defense policy, Finance, Foreclosure, Iraq, Iraq compilation, Middle East and North Africa, Military operations, Mortgages, Social services, South Asia, Veterans Latest Action: 04/25/2008 - Referred to the Subcommittee on Military Personnel.
Bill Text
To require the Secretary of Defense to establish a mortgage foreclosure counseling program for members of the Armed Forces returning from service abroad.
| | Also tagged in: Affordable housing, Budgets, Civil rights, Collection of accounts, Fair housing, Federal aid to housing, Federal-state relations, Finance, Foreclosure, Government lending, Home ownership, Housing finance, Housing subsidies, Intergovernmental fiscal relations, Low-income housing, Mortgages Latest Action: 05/08/2008 - H.AMDT.1042 On agreeing to the Hensarling amendment (A004) Failed by recorded vote: 190 - 219 (Roll no. 295). (consideration: CR H3191-3192; text: CR H3191-3192)
Bill TextTo authorize the Secretary of Housing and Urban Development to make loans to States to acquire foreclosed housing and to make grants to States for related costs. 4/16/2008--Introduced. Neighborhood Stabilization Act of 2008 - Requires the Secretary of Housing and Urban Development (HUD) to make grants and loans to qualified states, in accordance with HUD-approved plans, to carry out eligible housing stimulus activities. Allows such loans to be used by a state, a unit of local government or its entity, or a nonprofit organization. Limits the use of such loans to: (1) purchasing or financing the purchase of qualified foreclosed housing for resale as housing for homeownership to families having incomes of up to 140% of the median income for the area in which the housing is located; (2) rental of such housing only by families whose incomes do not exceed 100% of such median income in the area; and (3) rehabilitation of such property for the purpose of reselling it [...] show full description | | Latest Action: 04/15/2008 - Considered under suspension of the rules. (consideration: CR H2280-2284)
Bill TextRecognizing and honoring the 40th anniversary of congressional passage of title VIII of the Civil Rights Act of 1968 (the Fair Housing Act) and the 20th anniversary of the Fair Housing Amendments Act of 1988. 4/15/2008--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Recognizes and honors the 40th anniversary of the enactment of the Fair Housing Act and the 20th anniversary of the enactment of the Fair Housing Amendments Act of 1988. Encourages all people and levels of government to rededicate themselves to fair housing law enforcement and ideals. | | Also tagged in: Administrative procedure, Banks and banking, Budgets, Business, Business ethics, Citizenship, Collection of accounts, College costs, Conflict of interests, Congress, Congressional investigations, Congressional reporting requirements, Debtor and creditor, Department of Education, Department of the Treasury, Education Latest Action: 05/07/2008 - Signed by President.
Bill TextTo ensure continued availability of access to the Federal student loan program for students and families. 5/7/2008--Public Law. (There are 4 other summaries) (This measure has not been amended since it was passed by the Senate on April 30, 2008. The summary of that version is repeated here.) Ensuring Continued Access to Student Loans Act of 2008 - (Sec. 2) Amends the Higher Education Act of 1965 to increase, by $2,000, the maximum annual unsubsidized Stafford loan amounts that may be provided to undergraduate students under the Federal Family Education Loan (FFEL) program. Sets the aggregate limit on such loans at $31,000 for dependent undergraduates and $57,500 for independent undergraduates. (Sec. 3) Gives parent borrowers of PLUS FFELs the option to defer loan principal repayment for up to six months after the students for whom such loans are borrowed cease to carry at least one-half the normal full-time academic workload. [...] show full description | | Also tagged in: Access to health care, Afghanistan, Armed forces, Birth defects, Children, Congress, Congress and military policy, Congressional investigations, Congressional reporting requirements, Continuing education, Day care, Defense policy, Department of Veterans Affairs, Drug abuse, Drug abuse treatment, Education Latest Action: 04/02/2008 - Read twice and referred to the Committee on Veterans' Affairs.
Bill Text
A bill to amend title 38, United States Code, to expand and improve health care services available to women veterans, especially those serving in Operation Iraqi Freedom and Operation Enduring Freedom, from the Department of Veterans Affairs, and for other purposes.
| | Latest Action: 04/03/2008 - Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S2589-2590; text as passed Senate: CR S2589-2590; text of measure as introduced: CR S2485)
Bill TextA resolution recognizing and honoring the 40th anniversary of the Fair Housing Act and the 20th anniversary of the Fair Housing Amendments Act of 1988. 4/3/2008--Passed Senate without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Declares that the Senate: (1) recognizes and honors the 40th anniversary of the enactment of the Fair Housing Act and the 20th anniversary of the enactment of the Fair Housing Amendments Act of 1988; (2) supports activities to recognize and celebrate the historical milestone represented by the anniversaries of their enactment; and (3) encourages all levels of government to rededicate themselves to the enforcement and the ideals of fair housing laws.
| | Also tagged in: Armed forces, Defense policy, Finance, Foreclosure, Iraq compilation, Loan defaults, Military discharges, Mortgage interest rates, Mortgages, Veterans, Veterans' benefits Latest Action: 04/03/2008 - Senate Committee on Armed Services discharged by Unanimous Consent.
Bill Text
A bill to amend the Servicemembers Civil Relief Act to enhance protections for servicemembers relating to mortgages and mortgage foreclosures, and for other purposes.
| | Also tagged in: Administrative procedure, Afghanistan, Apartment houses, Armed forces, Bonds, Budgets, Condominium (Housing), Congress, Congressional investigations, Congressional reporting requirements, Consumer credit, Consumers, Cooperative housing, Counseling, Damages, Defense policy Latest Action: 03/11/2008 - Star Print ordered on the bill.
Bill TextA bill to aid families and neighborhoods facing home foreclosure and address the subprime mortgage crisis. 3/7/2008--Introduced. Security Against Foreclosures and Education Act, or the SAFE Act - Amends the Internal Revenue Code to allow proceeds of qualified mortgage bonds to be used to refinance certain residential subprime loans. Requires the Neighborhood Reinvestment Corporation to continue to award expeditiously certain funds already provided for mortgage foreclosure counseling. Amends the Code to allow purchasers of certain single-family principal residences a one-time tax credit. Amends the Truth in Lending Act to: (1) revise creditor mortgage loan disclosure requirements; and (2) increase civil damages for noncompliance with such Act. Amends the Code to: (1) allow a five-year carryback of net operating losses for certain taxable years; and (2) suspend through taxable year 2009 the 90% of alternative minimum taxable income limit for certain [...] show full description | | Also tagged in: Access to health care, Administrative procedure, Affordable housing, Afghanistan, Aged, Agricultural subsidies, Agriculture, Aid to dependent children, AIDS (Disease), Alternative energy sources, Animals, Appropriations, Armed forces, Armed forces abroad, Armed forces reserves, Auditing Latest Action: 03/14/2008 - S.AMDT.4380 Amendment SA 4380 agreed to in Senate by Yea-Nay Vote. 41 - 57. Record Vote Number: 79.
Bill TextAn original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. 3/14/2008--Passed Senate amended. (There are 2 other summaries) Sets forth the congressional budget for the federal government for FY2009, including the appropriate budgetary levels for FY2008 and FY2010-FY2013. Title I: Recommended Levels and Amounts - (Sec. 101) Lists recommended budgetary levels and amounts, for FY2008-FY2013, with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits; (5) public debt; and (6) debt held by the public. (Sec. 102) Lists the appropriate levels of new budget authority, outlays, and administrative expenses for Social Security, U.S. Postal Service discretionary administrative expenses, and specified major functional categories for FY2008-FY2013.[...] show full description | | Also tagged in: Administrative remedies, Aged, Alaska, Armed forces, Authorization, Black colleges, Budgets, Business, Child health, Children, Citizenship education, Colleges, Communications, Community and school, Community development, Compensatory education Latest Action: 03/12/2008 - Considered as unfinished business. (consideration: CR H1560-1561)
Bill TextTo reauthorize and reform the national service laws. 3/10/2008--Introduced. Generations Invigorating Volunteerism and Education Act, or the GIVE Act - Amends the National and Community Service Act of 1990 (NSCA) and the Domestic Volunteer Service Act of 1973 (DVSA) to revise the programs under such Acts and reauthorize appropriations for such programs through FY2012. Revises under NSCA: (1) the School-Based and Community-Based Service-Learning programs and Higher Education Innovative Programs for Community Service (Learn and Serve programs); (2) National Service Trust programs (AmeriCorps); (3) the National Civilian Community Corps (NCCC); and (4) the Investment for Quality and Innovation program. Eliminates the current Community-Based Learn and Serve programs. Establishes a new Learn and Serve program, Innovative Service-Learning Programs and Research, providing matching grants to: (1) provide community service-learning opportunities to elementary and [...] show full description | | Also tagged in: Affordable housing, Afghanistan, Aged, Air pollution, Alternative energy sources, Appropriations, Armed forces, Armed forces abroad, Armed forces reserves, Ballistic missile defenses, Bonds, Border patrols, Brain, Budget deficits, Budget reconciliation, Budget resolutions Latest Action: 03/13/2008 - Considered as unfinished business. (consideration: CR H1627-1659, H1661-1684)
Bill TextRevising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013. 3/13/2008--Passed House without amendment. (There are 2 other summaries) (This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.) Revises and replaces the congressional budget for the federal government for FY2008. Sets forth the congressional budget for the federal government for FY2009, including the appropriate budgetary levels for FY2010-FY2013. Title I: Recommended Levels and Amounts - (Sec. 101) Recommends budgetary levels and amounts for FY2008-FY2013 for: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits (on-budget); (5) debt subject to limit; [...] show full description | | Also tagged in: Budgets, Compensatory education, Counseling, Disabled, Education, Educational accountability, Educational counseling, Educational planning, Federal aid to education, Health policy, Higher education, Medical care, Medicine, Mental health services, Psychotherapy, School health programs Latest Action: 02/28/2008 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Bill TextA bill to amend the Higher Education Act of 1965 to authorize the Secretary of Education to provide grants to institutions of higher education to establish programs for the provision of services and support to veterans who are students at such institutions, and for other purposes. 2/28/2008--Introduced. Supporting Education for Returning Veterans Act of 2008 - Amends the Higher Education Act of 1965 to authorize the Secretary of Education to award three-year grants to institutions of higher education to establish programs that support veterans who are students by providing and coordinating services that address their academic, financial, physical, and social needs. Requires each grantee to establish a campus Center of Excellence for Veteran Student Success that provides a single point of contact for the coordination of comprehensive support services for students who are veterans. Requires the Secretary to develop an evaluation and accountability plan for measuring [...] show full description | | Latest Action: 02/25/2008 - Sponsor introductory remarks on measure. (CR S1125)
Bill Text
A bill to amend the Servicemembers Civil Relief Act to extend from 90 days to one year the period after release of a member from the Armed Forces from active duty during which the member is protected from mortgage foreclosure.
| | Also tagged in: Afghanistan, Air force, Appellate courts, Apprenticeship, Armed forces, Armed forces abroad, Armed forces reserves, Automobiles, Burns, Business, Children, Congress, Congressional investigations, Congressional reporting requirements, Contracts, Cost of living adjustments Latest Action: 02/14/2008 - Read twice and referred to the Committee on Veterans' Affairs.
Bill Text
A bill to amend title 38, United States Code, to enhance and improve insurance, housing, labor and education, and other benefits for veterans, and for other purposes.
| | Also tagged in: Affordable housing, Appropriations, Bankruptcy, Bonds, Budgets, Community development, Community development banking, Consumer credit, Consumer education, Consumer protection, Consumers, Counseling, Damages, Debtor and creditor, Federal aid to housing, Fees Latest Action: 02/14/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 577.
Bill TextA bill to provide needed housing reform. 2/13/2008--Introduced. Foreclosure Prevention Act of 2008 - Amends the Internal Revenue Code to: (1) authorize use of the proceeds of a qualified mortgage bond issue to refinance a mortgage on a residence originally financed through a qualified subprime loan; (2) raise the ceiling and volume cap imposed upon certain state housing bonds; and (3) exclude from the meaning of tax preference item private activity bonds, for purposes of the alternative minimum tax, qualified mortgage bonds or veterans' mortgage bonds issued after enactment of this Act and before January 1, 2011. Makes FY2008 appropriations for: (1) emergency needs of states and local governmental units to redevelop certain abandoned and foreclosed homes; and (2) the Neighborhood Reinvestment Corporation for foreclosure mitigation activities, including grants for housing counseling. Helping Families Save Their Homes in Bankruptcy Act of 2008 - Authorizes a bankruptcy [...] show full description | | Latest Action: 02/26/2008 - Considered as privileged matter. (consideration: CR H1037-1044)
Bill TextProviding for consideration of the bill (H.R. 3521) to improve the Operating Fund for public housing of the Department of Housing and Urban Development. 2/26/2008--Passed House without amendment. (There are 2 other summaries) Sets forth the rule for consideration of H.R. 3521 (Public Housing Asset Management Improvement Act of 2007).
| | Also tagged in: Afghanistan, Armed forces, Budgets, Business, Collection of accounts, Debt, Debtor and creditor, Defense policy, Families, Finance, Government lending, Housing finance, Housing subsidies, Iraq, Iraq compilation, Middle East and North Africa Latest Action: 02/01/2008 - Referred to the Subcommittee on Disability Assistance and Memorial Affairs.
Bill TextTo amend title 38, United States Code, to prohibit the Secretary of Veterans Affairs from collecting certain debts to the United States in the case of veterans who die as a result of a service-connected disability incurred or aggravated on active duty in a combat zone, and for other purposes. 1/29/2008--Introduced. Combat Veterans Debt Elimination Act of 2008 - Prohibits the Secretary of Veterans Affairs from collecting debts owed to the United States by certain veterans who die as a result of a service-connected disability incurred or aggravated on active duty in a war after the Persian Gulf War or a combat zone after September 11, 2001, if the Secretary determines, in his or her discretion, that the termination of collection is in the best interest of the United States. Excepts any amounts owed the United States under federal housing and small business loan programs from such prohibition on debt collection. | | Also tagged in: Budgets, Compensatory education, Counseling, Education, Educational accountability, Educational counseling, Educational planning, Federal aid to education, Higher education, Social services, Student activities, Student aid, Student housing, Veterans' benefits, Veterans' education, Veterans' organizations Latest Action: 01/28/2008 - Referred to the House Committee on Education and Labor.
Bill TextTo encourage model programs to support veteran student success in postsecondary education by coordinating services to address the academic, financial, physical, and social needs of veteran students. 1/28/2008--Introduced. Securing Success for Veterans on Campus Act of 2008 - Amends the Higher Education Act of 1965 to direct the Secretary of Education to award three-year grants to institutions of higher education to develop model programs that require each grantee to establish a campus Center of Excellence for Veteran Student Success that provides a single point of contact for the coordination of comprehensive support services for students who are veterans. Requires the Secretary to develop an evaluation and accountability plan for measuring the effect such programs have on veterans' success in postsecondary education. | | Also tagged in: Appropriations, Budgets, Business, Congress, Congressional reporting requirements, Corporation taxes, Depreciation and amortization, Economic policy, Finance, Income tax, Mortgages, Northern Mariana Islands, Puerto Rico, Secondary mortgage market, Tax credits, Tax deductions Latest Action: 02/13/2008 - Signed by President.
Bill TextTo provide economic stimulus through recovery rebates to individuals, incentives for business investment, and an increase in conforming and FHA loan limits. 2/13/2008--Public Law. (There are 3 other summaries) (This measure has not been amended since it was passed by the Senate on February 7, 2008. The summary of that version is repeated here.)Economic Stimulus Act of 2008 - Title I: Recovery Rebates and Incentives for Business Investment - (Sec. 101) Amends the Internal Revenue Code to grant tax rebates of the lesser of net income tax liability or $600 to individual taxpayers ($1,200 for married taxpayers filing joint returns). Allows additional rebates of $300 for each child of an eligible taxpayer.Provides for a minimum tax rebate of $300 ($600 for married taxpayers filing joint returns) for taxpayers with earned income of at least $3,000. Includes social security retirement benefits and compensation and pension benefits [...] show full description | | Also tagged in: Afghanistan, Armed forces, Budgets, Business, Collection of accounts, Debt, Debtor and creditor, Defense policy, Families, Finance, Government lending, Housing finance, Housing subsidies, Iraq, Iraq compilation, Middle East and North Africa Latest Action: 02/01/2008 - Referred to the Subcommittee on Disability Assistance and Memorial Affairs.
Bill TextTo amend title 38, United States Code, to prohibit the Secretary of Veterans Affairs from collecting certain debts owed to the United States by members of the Armed Forces and veterans who die as a result of an injury incurred or aggravated on active duty in a combat zone, and for other purposes. 1/28/2008--Introduced. Combat Veterans Debt Elimination Act of 2008 - Prohibits the Secretary of Veterans Affairs from collecting debts owed to the United States by certain members of the armed forces or veterans who die as a result of an injury incurred or aggravated on active duty in a war or a combat zone after September 11, 2001. Excepts any amounts owed the United States under federal housing and small business loan programs from such prohibition on debt collection. | | Also tagged in: Afghanistan, Armed forces, Budgets, Business, Collection of accounts, Debt, Debtor and creditor, Defense policy, Families, Finance, Government lending, Housing finance, Housing subsidies, Iraq, Iraq compilation, Middle East and North Africa Latest Action: 01/23/2008 - Read twice and referred to the Committee on Veterans' Affairs.
Bill TextA bill to amend title 38, United States Code, to prohibit the Secretary of Veterans Affairs from collecting certain debts owed to the United States by members of the Armed Forces and veterans who die as a result of an injury incurred or aggravated on active duty in a combat zone, and for other purposes. 1/23/2008--Introduced. Combat Veterans Debt Elimination Act of 2008 - Prohibits the Secretary of Veterans Affairs from collecting debts owed to the United States by certain members of the armed forces or veterans who die as a result of an injury incurred or aggravated on active duty in a war or a combat zone after September 11, 2001. Excepts any amounts owed the United States under federal housing and small business loan programs from such prohibition on debt collection.
| | Also tagged in: Afghanistan, Armed forces, Budgets, Business, Collection of accounts, Debt, Debtor and creditor, Defense policy, Families, Finance, Government lending, Housing finance, Housing subsidies, Iraq, Iraq compilation, Middle East and North Africa Latest Action: 01/22/2008 - Sponsor introductory remarks on measure. (CR S96-97)
Bill TextA bill to amend title 38, United States Code, to prohibit the Secretary of Veterans Affairs from collecting certain debts to the United States in the case of veterans who die as a result of a service-connected disability incurred or aggravated on active duty in a combat zone, and for other purposes. 1/22/2008--Introduced. Combat Veterans Debt Elimination Act of 2008 - Prohibits the Secretary of Veterans Affairs from collecting debts owed to the United States by certain veterans who die as a result of a service-connected disability incurred or aggravated on active duty in a war after the Persian Gulf War or a combat zone after September 11, 2001, if the Secretary determines, in his or her discretion, that the termination of collection is in the best interest of the United States. Excepts any amounts owed the United States under federal housing and small business loan programs from such prohibition on debt collection. | | Latest Action: 01/17/2008 - DEBATE - The House proceeded with one hour of debate on H. Res. 922.
Bill TextProviding for consideration of the bill (H.R. 3524) to reauthorize the HOPE VI program for revitalization of severely distressed public housing, and for other purposes. 1/17/2008--Passed House without amendment. (There are 2 other summaries) Sets forth the rule for consideration of the bill (H.R. 3524) to reauthorize the HOPE VI program for revitalization of severely distressed public housing. | | Also tagged in: Actions and defenses, Administrative procedure, Administrative remedies, Admission of nonimmigrants, Afghanistan, Air force, Air piracy, Airports, Alaska, Alien labor, Alien property, Ammunition, Anniversaries, Annuities, Appellate procedure, Armed forces Latest Action: 01/28/2008 - Signed by President.
Bill TextTo provide for the enactment of the National Defense Authorization Act for Fiscal Year 2008, as previously enrolled, with certain modifications to address the foreign sovereign immunities provisions of title 28, United States Code, with respect to the attachment of property in certain judgements against Iraq, the lapse of statutory authorities for the payment of bonuses, special pays, and similar benefits for members of the uniformed services, and for other purposes. 1/28/2008--Public Law. (There are 2 other summaries) (This measure has not been amended since it was passed by the House on January 16, 2008. The summary of that version is repeated here.) National Defense Authorization Act for Fiscal Year 2008 - Division A: Department of Defense Authorizations - Title I: Procurement - Subtitle A: Authorization of Appropriations - (Sec. 101) Authorizes appropriations for FY2008 for the Army, Navy and Marine Corps, and Air Force for [...] show full description | | Also tagged in: Affordable housing, Apartment houses, Budgets, Building construction, Citizen participation, Congressional reporting requirements, Counseling, Criminal justice, Data banks, Education, Electronic government information, Elementary and secondary education, Emergency management, Energy, Energy conservation, Energy conservation in buildings Latest Action: 12/19/2007 - Sponsor introductory remarks on measure. (CR S16014-16015)
Bill TextA bill to establish the National Affordable Housing Trust Fund in the Treasury of the United States to provide for the construction, rehabilitation, and preservation of decent, safe, and affordable housing for low-income families. 12/19/2007--Introduced. National Affordable Housing Trust Fund Act of 2007 - Amends the Cranston-Gonzalez National Affordable Housing Act to establish in the Treasury a National Affordable Housing Trust Fund available to the Secretary of Housing and Urban Development to provide assistance to states, Indian tribes, insular areas, and participating local jurisdictions to increase the supply of decent quality affordable housing, especially for low-income, extremely low-income, and very poor families. Prohibits the use of appropriations to the Fund for a fiscal year unless the amount equal to the net increase in the negative credit subsidy for specified mortgage insurance programs is first made available for: (1) single family housing mortgage [...] show full description | | Also tagged in: Authorization, Budgets, Curricula, Data banks, Department of Homeland Security, Emergency management, Emergency medicine, Employee training, Executive departments, Federal Emergency Management Agency, Fire fighters, Fire prevention, Fires, Forest fires, Government information, Government paperwork Latest Action: 05/06/2008 - Hearing Held by Subcommittee by Technology and Innovation Prior to Introduction and Referral (October 2, 2007).
Bill TextTo reauthorize the United States Fire Administration, and for other purposes. 4/3/2008--Passed House amended. (There are 2 other summaries) United States Fire Administration Reauthorization Act of 2008 - (Sec. 3) Amends the Federal Fire Prevention and Control Act of 1974 to authorize appropriations for the U.S. Fire Administration (USFA) for FY2009-FY2012. (Sec. 4) Authorizes the Superintendent of the National Academy for Fire Prevention and Control to include within fire service personnel training: (1) response, tactics, and strategies for dealing with non-terrorist-caused national catastrophes and incidents that involve weapons of mass destruction; (2) applying new technology and developing strategies and tactics for fighting wildfires; (3) response, tactics, and strategies for fighting large-scale or multiple fires in a general area that cross jurisdictional boundaries, fires occurring at the wildland-urban interface, and fires involving [...] show full description | | Latest Action: 04/30/2008 - Committee Consideration and Mark-up Session Held.
Bill TextTo amend the Servicemembers Civil Relief Act to provide for a limitation on the sale, foreclosure, or seizure of property owned by a servicemember during the one-year period following the servicemember's period of military service. 12/19/2007--Introduced. Amends the Servicemembers Civil Relief Act of 1940 to extend from 90 days to one year the period following release from active duty during which a member of the Armed Forces shall be protected from mortgage foreclosure. | | Also tagged in: Disaster relief, Emergency management, Eviction, Finance, Foreclosure, Labor, Leases, Liens, Mortgages, Rent, Rental housing, Transportation, Travel costs, Unemployment Latest Action: 12/20/2007 - Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Bill TextTo amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to authorize temporary mortgage and rental payments, and for other purposes. 12/19/2007--Introduced. Mortgage and Rental Disaster Relief Act of 2007 - Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to authorize the President to provide temporary assistance in the form of mortgage or rental payments to or on behalf of individuals and households who, as a result of financial hardship caused by a major disaster, have received written notice of dispossession or eviction from a residence because of a foreclosure of mortgage or lien, cancellation of sales contract, or lease termination, entered into before such disaster. Defines such a "financial hardship" to include: (1) the loss of employment or significant income because a job, a business, or a business interest was located in a disaster area; or (2) suffering financially because of travel restrictions or [...] show full description | | Also tagged in: Administrative procedure, Congress, Congressional reporting requirements, Disaster relief, Emergency housing, Emergency management, Environmental protection, Environmental Protection Agency, Executive departments, Formaldehyde, Governmental investigations, Hazardous substances, Law, Mobile homes, Public contracts, Storage Latest Action: 12/19/2007 - Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Bill TextTo require the Administrator of the Federal Emergency Management Agency to quickly and fairly address the abundance of surplus temporary housing units stored by the Federal Government across the Nation at taxpayer expense. 12/18/2007--Introduced. FEMA Accountability Act of 2007 - Directs the Administrator of the Federal Emergency Management Agency (FEMA) to complete an assessment of the number of temporary housing units purchased by FEMA that are necessary to stock to respond to disasters.Requires the Administrator to establish a plan for: (1) permanently storing such necessary units; (2) selling, transferring, or otherwise disposing of the excess units that are in usable condition; and (3) disposing of the units that are not in usable condition. Provides for the exclusion of units that may contain an unsafe level of formaldehyde. Makes such plan subject to Robert T. Stafford Disaster Relief and Emergency Assistance Act requirements for disposal of units and other applicable [...] show full description | | Also tagged in: Administrative procedure, Armed forces, Budgets, Business, Congress, Congress and military policy, Congressional reporting requirements, Defense budgets, Defense contracts, Defense economics, Defense policy, Department of Defense, Executive departments, Finance, Government contractors, Law Latest Action: 12/17/2007 - Read twice and referred to the Committee on Armed Services.
Bill TextA bill to provide for improved oversight of and accountability for military housing privatization initiative projects. 12/17/2007--Introduced. Military Housing Privatization Initiatives Projects Oversight and Accountability Act of 2007 - Requires each military housing privatization initiative project to be carried out under a guaranteed maximum price contract (to be reviewed by an independent third party) and accompanied by a performance schedule. Requires each Secretary concerned to prescribe regulations for effective oversight and management of projects under the Secretary's jurisdiction.Establishes requirements for: (1) combining projects in the event of termination of a lease or foreclosure on a project; (2) funding reserves; (3) sequestration and release of funds to be paid under a contract; (4) community meetings to convey project information; (5) certification of construction experience; (6) bonding levels; and (7) communication, review, and the effect of unsatisfactory [...] show full description | | Also tagged in: Budgets, Congress, Congressional investigations, Congressional reporting requirements, Cost effectiveness, Data banks, Disaster relief, Emergency housing, Emergency management, Evacuation of civilians, Federal aid to housing, Federal-local relations, Federal-state relations, Finance, Government information, Government paperwork Latest Action: 12/11/2007 - Committee on Homeland Security and Governmental Affairs. Original measure reported to Senate by Senator Lieberman. With written report No. 110-240.
Bill TextAn original bill to provide for the flexibility of certain disaster relief funds, and for improved evacuation and sheltering during disasters and catastrophes. 12/11/2007--Reported to Senate without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)Streamlining Mitigation Actions and Recovery Tools and Regional Evacuation and Sheltering Planning of Overarching Networks for Severe Emergencies Act or the SMART RESPONSE Act - Prohibits the Administrator of the Federal Emergency Management Agency (FEMA) from prohibiting or restricting the use by Louisiana under its Road Home Program of specified funds designated for that state under FEMA's hazard mitigation grant program for damage caused by Hurricane Katrina or Hurricane Rita based upon: (1) any Program requirement that limits the amount made available to an eligible homeowner [...] show full description | | Also tagged in: Administrative procedure, Congress, Congressional reporting requirements, Disaster relief, Emergency housing, Emergency management, Environmental protection, Environmental Protection Agency, Executive departments, Formaldehyde, Governmental investigations, Hazardous substances, Law, Mobile homes, Public contracts, Storage Latest Action: 11/16/2007 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Bill TextA bill to require the Administrator of the Federal Emergency Management Agency to quickly and fairly address the abundance of surplus manufactured housing units stored by the Federal Government around the country at taxpayer expense. 11/16/2007--Introduced. FEMA Accountability Act of 2007 - Directs the Administrator of the Federal Emergency Management Agency (FEMA) to: (1) complete an assessment of the number of manufactured housing units necessary to stock to respond to disasters; and (2) establish and implement a well developed plan for permanently storing necessary manufactured housing units, selling or transferring usable surplus units, and disposing of unusable units. Authorizes the Administrator to exclude from the plan any travel trailer that may contain formaldehyde upon certifying that he or she is unable to determine the safe level of exposure to formaldehyde. Terminates such authority on the date the Administrator of the Environmental Protection Agency (EPA) [...] show full description | | Also tagged in: Disaster relief, Emergency management, Eviction, Finance, Foreclosure, Labor, Leases, Liens, Mortgages, Rent, Rental housing, Transportation, Travel costs, Unemployment Latest Action: 11/16/2007 - Sponsor introductory remarks on measure. (CR S14628-14630)
Bill TextA bill to amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act, to authorize temporary mortgage and rental payments. 11/16/2007--Introduced. Mortgage and Rental Disaster Relief Act of 2007 - Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to authorize the President to provide temporary assistance in the form of mortgage or rental payments to or on behalf of individuals and households who, as a result of financial hardship caused by a major disaster, have received written notice of dispossession or eviction from a residence because of a foreclosure of mortgage or lien, cancellation of sales contract, or lease termination, entered into before such disaster. Defines such a "financial hardship" to include: (1) the loss of employment or significant income because a job, a business, or a business interest was located in a disaster area; or (2) suffering financially because of travel restrictions or station or road [...] show full description | | Also tagged in: Aged, Air force, Alaska, American Battle Monuments Commission, Appellate courts, Appropriations, Armed forces, Armed forces abroad, Armed forces reserves, Armed Forces Retirement Home, Arms control, Army, Budgets, California, Chemical warfare, Claims Latest Action: 11/16/2007 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 511.
Bill TextA bill making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2008, and for other purposes. 11/15/2007--Introduced. Military Construction and Veterans Affairs and Related Agencies Appropriations Act, 2008 - Appropriates funds for FY2008 for the Department of Defense (DOD) for: (1) military construction for the Army, Navy and Marine Corps, and Air Force (military departments), DOD, the Army and Air National Guard, and the Army, Navy, and Air Force reserves; (2) the North Atlantic Treaty Organization (NATO) Security Investment Program; (3) family housing construction and related operation and maintenance for the military departments and DOD; (4) the Department of Defense Family Housing Improvement Fund; (5) DOD chemical demilitarization construction; and (6) the Department of Defense Base Closure Accounts of 1990 and 2005. Appropriates funds for the Department of Veterans Affairs [...] show full description | | Also tagged in: Air pollution, Air pollution control, American investments, Business, Carbon cycle, Carbon dioxide, Civil liberties, Climate change, Congress, Congress and foreign policy, Congressional reporting requirements, Cooperative societies, Corporate accountability, Employee rights, Energy, Environmental assessment Latest Action: 11/14/2007 - Read twice and referred to the Committee on Foreign Relations.
Bill TextA bill to reauthorize the programs of the Overseas Private Investment Corporation, and for other purposes. 11/14/2007--Introduced. Overseas Private Investment Corporation Reauthorization Act of 2007 - Amends the Foreign Assistance Act of 1961 to reauthorize the Overseas Private Investment Corporation (OPIC) through September 30, 2011. Revises international worker rights provisions. Requires OPIC to institute a climate change mitigation action plan. Requires, with a specified exception, prior to OPIC approval of a Category A extractive industry project (as defined by this Act) or an extractive industry project in which OPIC assistance would be valued at $10 million or more; (1) prior congressional notification; and (2) investor and host country agreement to implement Extractive Industries Transparency Initiative principles or substantially similar principles, and host country adherence to certain accounting procedures as they relate to such projects. [...] show full description | | Also tagged in: Families, Family services, Homeless, Housing subsidies, Low-income housing, Nonprofit organizations, Rent, Social services, Veterans, Veterans' benefits, Welfare Latest Action: 03/25/2008 - Referred to the Subcommittee on Housing and Community Opportunity.
Bill TextTo authorize the Secretary of Housing and Urban Development, in coordination with the Secretary of Veterans Affairs, to carry out a pilot program to prevent at-risk veterans and veteran families from falling into homelessness, and for other purposes. 11/13/2007--Introduced. Veterans Homelessness Prevention Act - Requires the Secretary of Housing and Urban Development (HUD) to establish a pilot program to provide assistance to private nonprofit organizations and consumer cooperatives to expand the supply of supportive housing for certain very low-income veteran families. Allows such assistance to be in the form of: (1) a grant for costs of planning a supportive housing project; (2) a capital advance for such project; and (3) project rental assistance. Requires the Secretary to coordinate with the Secretary of Veterans Affairs to ensure that any housing assistance provided to veterans or veteran families includes a range of services tailored to the needs of very [...] show full description | | Also tagged in: Children, College costs, Education, Evaluation research (Social action programs), Families, Finance, Foster home care, Higher education, Housing finance, Job training, Personal budgets, Saving and investment, Social services, Vocational education, Welfare, Youth Latest Action: 11/13/2007 - Sponsor introductory remarks on measure. (CR S14298)
Bill TextA bill to provide Individual Development Accounts to support foster youths who are transitioning from the foster care system. 11/13/2007--Introduced. Focusing Investments and Resources for a Safe Transition Act, or FIRST Act - Amends the Child Abuse Prevention and Treatment Act to authorize the Secretary of Health and Human Services to make competitive grants to and enter into contracts with states (or state partners) to enable them to establish Individual Development Accounts for qualified foster youth to assist them in achieving self-support for housing, education, vocational training, and specified other purposes after leaving foster care. | | Latest Action: 11/13/2007 - Sponsor introductory remarks on measure. (CR S14298-14299)
Bill TextA bill to amend the Real Estate Settlement Procedures Act to require mortgage originators to make their fees more transparent. 11/13/2007--Introduced. Real Estate Transparency Act of 2007 - Amends the Real Estate Settlement Procedures Act of 1974 to modify requirements governing settlement statements. Requires the originator of a federally related mortgage loan to provide, within three days of a loan application, a written agreement to the applicant itemizing all of the fees the originator may charge at or before loan settlement, including origination, underwriting, and broker fees. Excludes from such requirement bona fide discount points payable by the borrower to reduce the loan's interest rate. Requires an originator fee agreement to set out the following fee payment methods: (1) paying in cash before or at settlement; (2) adding such fees into the total loan amount to be borrowed; and (3) increasing the loan's interest rate. Requires: (1) written and [...] show full description | | Latest Action: 11/14/2007 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 485.
Bill TextA bill to temporarily increase the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans, and for other purposes. 11/13/2007--Introduced. Promoting Refinancing Opportunities for Mortgages Impacted by the Subprime Emergency Act of 2007, or the PROMISE Act - Requires the Director of the Office of Federal Housing Enterprise Oversight (OFHEO) of the Department of Housing and Urban Development to terminate, suspend, modify, or otherwise lift: (1) the limitation on growth provision set forth in the Fannie Mae Consent Decree (the OFHEO order dated May 23, 2006, in the matter of the Federal National Mortgage Association (Fannie Mae)); and (2) the voluntary temporary growth limitation described in the Freddie Mac Letter (dated July 31, 2006, from the Chairman and Chief Executive Officer of the Federal Home Loan Mortgage Corporation (Freddie [...] show full description | | Also tagged in: Accreditation (Education), Alaska, Armed forces, Asian American ethnic groups, Black colleges, Broadband, Budgets, Business, Closed caption television, College costs, College teachers, Colleges, Communications, Community and school, Community colleges, Compensatory education Latest Action: 02/25/2008 - Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Bill TextTo amend and extend the Higher Education Act of 1965, and for other purposes. 2/7/2008--Passed House amended. (There are 2 other summaries) College Opportunity and Affordability Act of 2008 - Amends the Higher Education Act of 1965 (HEA) to revise and reauthorize HEA programs. Title I: Title I Amendments - (Sec. 101) Revises the general definition of an institution of higher education (IHE) to include schools that: (1) admit students whose secondary education was conducted in a home school setting; (2) award degrees (not necessarily bachelor's degrees) that are acceptable for admission to a graduate or professional degree program; and (3) enroll students who will be dually or concurrently enrolled in a secondary school. Revises the definition of an IHE for purposes of title IV student assistance programs. Requires graduate medical schools located outside the country, that qualified as IHEs owing to their having a state-approved [...] show full description | | Also tagged in: Aged, Apartment houses, Auditing, Budgets, Condominium (Housing), Congress, Congressional oversight, Congressional reporting requirements, Correspondent banks, Disaster relief, Disasters, Emergency management, Federally-guaranteed loans, Finance, Government information, Government paperwork Latest Action: 11/08/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextA bill to modernize and update the National Housing Act and enable the Federal Housing Administration to use risk-based pricing to more effectively reach underserved borrowers, and for other purposes. 11/8/2007--Introduced. Expanding American Homeownership Act of 2007 - Amends the National Housing Act to: (1) modify guidelines governing the maximum principal loan obligation; (2) extend the mortgage term; and (3) revise requirements for cash payment by the mortgagor in the eligibility criteria for mortgage insurance. Directs the Secretary of Housing and Urban Development (HUD) to reinstate the current downpayment requirement in the event of increased defaults. Authorizes the Secretary to establish a mortgage insurance premium structure involving a single premium payment collected prior to the insurance of the mortgage that may vary during the mortgage term as long as the basis for determining the variable rate is established before the execution of the mortgage.[...] show full description | | Latest Action: 11/08/2007 - Read twice and referred to the Committee on Finance.
Bill TextA bill to amend the Internal Revenue Code of 1986 to provide a credit against tax for increased homeowners insurance premiums suffered by certain coastal homeowners or resulting from hurricane events. 11/8/2007--Introduced. Homeowners Insurance Assistance Act of 2007 - Amends the Internal Revenue Code to allow individual taxpayers in certain hurricane disaster areas a tax credit for 50% of their homeowner insurance premiums, up to $250 annually. | | Latest Action: 11/08/2007 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Bill TextA bill to establish a homeowner mitigation loan program within the Federal Emergency Management Agency to promote pre-disaster property mitigation measures. 11/8/2007--Introduced. Property Mitigation Assistance Act of 2007 - Amends the Robert T. Stafford Disaster Assistance and Emergency Relief Act to direct the Administrator of the Federal Emergency Management Agency (FEMA) to establish a grant program to provide assistance to states to promote pre-disaster property mitigation measures within their jurisdictions.Requires a state, to be eligible for assistance, to have: (1) submitted a mitigation plan; (2) established a process for accepting and processing grant and loan applications from individual homeowners and business owners; (3) established a revolving loan fund to which any grant amounts received under this Act shall be deposited; and (4) submitted a detailed plan for how terms and conditions for authorized loans and grants will be set.Directs the Administrator [...] show full description | | Also tagged in: Families, Family services, Homeless, Housing subsidies, Low-income housing, Nonprofit organizations, Rent, Social services, Veterans, Veterans' benefits, Welfare Latest Action: 11/08/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextA bill to authorize a pilot program within the Departments of Veterans Affairs and Housing and Urban Development with the goal of preventing at-risk veterans and veteran families from falling into homelessness, and for other purposes. 11/8/2007--Introduced. Veterans Homelessness Prevention Act - Requires the Secretary of Housing and Urban Development (HUD) to establish a pilot program to provide assistance to private nonprofit organizations and consumer cooperatives to expand the supply of supportive housing for certain very low-income veteran families. Allows such assistance to be in the form of: (1) a grant for costs of planning a supportive housing project; (2) a capital advance for such project; and (3) project rental assistance. Requires the Secretary of Veterans Affairs to: (1) ensure that any housing assistance provided to veterans or veteran families includes a range of specified services tailored to the needs of very low-income veteran families; and [...] show full description | | Also tagged in: Access to health care, Air force, Airports, Alaska, American Battle Monuments Commission, American Samoa, Appellate courts, Appropriations, Arab countries, Architecture, Armed forces, Armed forces reserves, Arms control, Army, Brain, Budgets Latest Action: 11/08/2007 - Sponsor introductory remarks on measure. (CR H13301-13302)
Bill TextMaking appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2008, and for other purposes. 11/7/2007--Introduced. Military Construction and Veterans Affairs and Related Agencies Appropriations Act, 2008 - Appropriates funds for FY2008 for the Department of Defense (DOD) for: (1) military construction for the Army, Navy and Marine Corps, and Air Force (military departments), DOD, the Army and Air National Guard, and the Army, Navy, and Air Force reserves; (2) the North Atlantic Treaty Organization (NATO) Security Investment Program; (3) family housing construction and related operation and maintenance for the military departments and DOD; (4) the Department of Defense Family Housing Improvement Fund; (5) DOD chemical demilitarization construction; and (6) the Department of Defense Base Closure Accounts of 1990 and 2005. Appropriates funds for the Department of Veterans Affairs (VA) [...] show full description | | Also tagged in: Budgets, Business, Casualty insurance, Disaster insurance, Emergency management, Finance, Government lending, Government securities, Governmental investigations, Home ownership, Insurance companies, Nonprofit organizations, Politics and government, Property insurance, Public contracts, Reinsurance Latest Action: 11/06/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextA bill to establish a National Catastrophic Risks Consortium and a National Homeowners' Insurance Stabilization Program, and for other purposes. 11/6/2007--Introduced. Homeowners' Defense Act of 2007 - Establishes the National Catastrophe Risk Consortium as a nonprofit, nonfederal entity to: (1) maintain an inventory of catastrophe risk obligations held by state reinsurance funds, and state residual insurance market entities; (2) issue, on a conduit basis, securities and other financial instruments linked to catastrophe risks insured or reinsured through Consortium members; and (3) act as a centralized repository of state risk information accessible by certain private-market participants. Instructs the Secretary of the Treasury to implement a national homeowners' insurance stabilization program to make liquidity loans and catastrophic loans to qualified reinsurance programs to: (1) ensure their solvency; (2) improve the availability and affordability of homeowners' [...] show full description | | Also tagged in: Depreciation and amortization, Energy, Energy conservation, Energy conservation in buildings, Energy efficiency, Geothermal resources, Heat pumps, Income tax, Minimum tax, Tax administration, Tax credits, Tax deductions, Taxation Latest Action: 11/06/2007 - Sponsor introductory remarks on measure. (CR S13998-13999)
Bill TextA bill to amend the Internal Revenue Code of 1986 to make geothermal heat pump systems eligible for the energy credit and the residential energy efficient property credit, and for other purposes. 11/6/2007--Introduced. Geothermal Heat Pump Development Act of 2007 - Amends the Internal Revenue Code to: (1) to include equipment that uses the ground or ground water as a thermal energy source or sink to heal or cool a structure (i.e., geothermal heat pump systems) as energy property for purposes of the energy tax credit; (2) allow a residential energy efficient property tax credit for 30% of qualified geothermal heat pump property expenditures; and (3) allow accelerated three-year depreciation of geothermal heat pump systems. | | Also tagged in: Administrative procedure, Apartment houses, Budgets, Business, Casualty insurance, Collection of accounts, Congress, Congressional investigations, Congressional reporting requirements, Department of Homeland Security, Disaster insurance, Emergency management, Employee training, Executive departments, Federal advisory bodies, Federal Emergency Management Agency Latest Action: 05/08/2008 - Considered by Senate. (consideration: CR S3946-3966)
Bill TextAn original bill to amend the National Flood Insurance Act of 1968, to restore the financial solvency of the flood insurance fund, and for other purposes. 11/1/2007--Reported to Senate without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Flood Insurance Reform and Modernization Act of 2007 - (Sec. 4) Amends the National Flood Insurance Act of 1968 (Act) to extend the national flood insurance program (Program) though FY2013. (Sec. 5) Requires the Director of the Federal Emergency Management Agency (FEMA) to make national flood insurance available for multifamily properties of more than four units. (Sec. 6) Requires the FEMA Director to estimate the exclusion of certain prospective insureds from purchasing flood insurance at risk premium rates less than those estimated for specified properties (including [...] show full description | | Latest Action: 11/01/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill TextA bill to provide for improved disclosures by all mortgage lenders at the loan approval and settlement stages of all mortgage loans. 11/1/2007--Introduced. Mortgage Disclosure Enhancement Act of 2007 - Amends the Truth In Lending Act to require additional mortgage loan disclosures by a creditor to a consumer, including: (1) ) the percentage of the loan, as compared to the appraised value of the property; (2) the term of the loan; (3) the monthly income of the borrower, as relied upon in making the loan; (4) the annual percentage rate of interest for loans that are fixed, and for loans that are variable; (5) prepayment fees; and (6) balloon payments. Amends the Real Estate Settlement Procedures Act of 1974 to conform with this Act. | | |
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