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Also tagged in: Bank accounts, Congress, Education, Education savings accounts, Finance, Higher education, Home ownership, Housing, Income tax, Individual retirement accounts, Law, Names, Pensions, Sunset legislation, Tax exclusion, Taxation, Trusts and trustees
Latest Action: 04/16/2007 - Sponsor introductory remarks on measure. (CR H3384) Bill TextTo amend the Internal Revenue Code of 1986 to improve and expand education savings accounts. 1/4/2007--Introduced. 401Kids Family Savings Act of 2007 - Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to extend through 2015 provisions allowing increased annual contributions to Coverdell education savings accounts. Amends the Internal Revenue Code to: (1) allow tax-free distributions from a Coverdell education savings account for first-time homebuyer expenses; (2) permit rollovers from Coverdell education savings accounts to Roth individual retirement accounts (Roth IRAs); and (3) rename Coverdell education savings accounts as 401Kids Savings Accounts.
Also tagged in: Disaster relief, Emergency management, Floods, Home repair and improvement, Housing, Hurricanes, Income tax, Losses, Louisiana, Mississippi, Residential rehabilitation, Tax deductions, Tax exclusion, Taxation
Latest Action: 01/04/2007 - Sponsor introductory remarks on measure. (CR S70) Bill TextA bill to clarify the tax treatment of certain payments made to homeowners by the Louisiana Recovery Authority and the Mississippi Development Authority. 1/4/2007--Introduced. Sets forth a special rule for the tax treatment of amounts received by a taxpayer from the Louisiana Recovery Authority or the Mississippi Development Authority for the repair or reconstruction of such taxpayer's primary residence due to hurricane damage in 2005.
Also tagged in: Capital gains tax, Families, Home ownership, Housing, Income tax, Survivors' benefits, Tax exclusion, Taxation, Widowers, Widows, Women
Latest Action: 01/04/2007 - Read twice and referred to the Committee on Finance. Bill TextA bill to amend the Internal Revenue Code of 1986 to apply the joint return limitation for capital gains exclusion to certain post-marriage sales of principal residences by surviving spouses. 1/4/2007--Introduced. Amends the Internal Revenue Code to allow a surviving spouse to exclude from gross income up to $500,000 of the gain from the sale or exchange of a principal residence owned jointly with a deceased spouse if the sale or exchange occurs within two years of the death of the spouse and other ownership and use requirements have been met.
Also tagged in: Disaster relief, Emergency management, Floods, Home repair and improvement, Housing, Hurricanes, Income tax, Losses, Louisiana, Mississippi, Residential rehabilitation, Tax deductions, Tax exclusion, Taxation
Latest Action: 01/23/2007 - Referred to the House Committee on Ways and Means. Bill TextTo clarify the tax treatment of certain payments made to homeowners by the Louisiana Recovery Authority and the Mississippi Development Authority. 1/23/2007--Introduced. Sets forth a special rule for the tax treatment of amounts received by a taxpayer from the Louisiana Recovery Authority or the Mississippi Development Authority for the repair or reconstruction of such taxpayer's primary residence due to hurricane damage in 2005.
Latest Action: 06/21/2007 - Subcommittee Hearings Held. Bill TextTo amend title 38, United States Code, to increase the amount of assistance available to disabled veterans for specially adapted housing and to provide for annual increases in such amount. 1/24/2007--Introduced. Disabled Veterans Adaptive Housing Improvement Act - Increases from: (1) $50,000 to $60,000 the maximum amount authorized to be provided by the Department of Veterans Affairs to certain disabled veterans for the construction of specially adapted housing; and (2) $10,000 to $12,000 the maximum amount authorized for specially adapted features in a home. Requires the Secretary of Veterans Affairs to annually increase such amounts to reflect increases in the cost of residential home construction.
Also tagged in: Administrative remedies, Authorization, Budgets, Capital gains tax, Charitable contributions, Congress, Congressional reporting requirements, Dismissal of employees, Electronic mail systems, Employee rights, Executive departments, Federal advisory bodies, Finance, Foreign policy, Fund raising, Government employees, Government employees' health insurance, Government information, Government paperwork, Government publications, Grants-in-aid, Health insurance continuation, Health policy, Home ownership, Housing, Income tax, International affairs, Internet, Law, Medical care, Medical screening, Medicine, Misconduct in office, National service, Nongovernmental organizations, Nonprofit organizations, Peace Corps, Personal budgets, Politics and government, Recruiting of employees, Retiree health benefits, Social services, Tax deductions, Tax exclusion, Technology, Telecommunication, Volunteer workers, Web sites, Whistle blowing
Latest Action: 07/25/2007 - Subcommittee on Western Hemisphere, Peace Corps and Narcotics Affairs. Date of scheduled hearing. SD-419. 9:30 a.m. Bill TextA bill to empower Peace Corps volunteers, and for other purposes. 3/1/2007--Introduced. Peace Corps Volunteer Empowerment Act - Authorizes appropriations for seed funding for Peace Corps volunteers to carry out approved demonstration projects. Authorizes charitable fundraising by Peace Corps volunteers. Requires the Director of the Peace Corps to: (1) award grants to private nonprofit corporations and returned Peace Corps volunteers to enable such volunteers to to develop programs and projects in the United States to promote Peace Corps goals; (2) increase the number of Peace Corps volunteers with at least five years of relevant work experience, and establish FY2008-FY2010 experienced volunteer demonstration programs in at least 20 countries; (3) establish a electronic system for promoting improved communication among Peace Corps volunteers and staff; (4) provide for volunteer input in senior staff and program reviews; (5) review the Peace Corps medical screening [...] show full description
Also tagged in: Bank accounts, Bank records, Capital, College costs, Community development banking, Congress, Congressional reporting requirements, Education, Federal aid to Indians, Fees, Finance, Government information, Government paperwork, Grants-in-aid, Higher education, Home ownership, Housing, Income tax, Minorities, Nonprofit organizations, Personal budgets, Rural affairs, Saving and investment, Social services, Tax credits, Tax exclusion, Tax exemption, Taxation, Welfare, Welfare eligibility
Latest Action: 02/07/2007 - Referred to the House Committee on Ways and Means. Bill TextTo establish and provide for the treatment of Individual Development Accounts, and for other purposes. 2/7/2007--Introduced. Savings for Working Families Act of 2007 - Allows certain low-income individuals between age 18 and 61 to establish tax-exempt individual development accounts (IDAs) to pay for certain qualified expenses, including education expenses, first-time homebuyer costs, and business capitalization or expansion costs. Sets forth rules for the establishment, maintenance, and termination of IDAs. Permits tax-free withdrawals from IDAs for qualified expenses, but requires IDA beneficiaries to complete one or more financial education courses prior to making an IDA withdrawal.Allows certain financial institutions, tax-exempt organizations, and Indian tribes to sponsor and administer IDAs. Amends the Internal Revenue Code to allow such entities a business-related tax credit for the cost of administering IDAs and for making matching contributions to IDAs in parallel [...] show full description
Also tagged in: Bank accounts, Bank records, Capital, College costs, Community development banking, Congress, Congressional reporting requirements, Education, Federal aid to Indians, Fees, Finance, Government information, Government paperwork, Grants-in-aid, Higher education, Home ownership, Housing, Income tax, Minorities, Nonprofit organizations, Personal budgets, Rural affairs, Saving and investment, Social services, Tax credits, Tax exclusion, Tax exemption, Taxation, Welfare, Welfare eligibility
Latest Action: 03/14/2007 - Read twice and referred to the Committee on Finance. Bill TextA bill to establish and provide for the treatment of Individual Development Accounts, and for other purposes. 3/14/2007--Introduced. Savings for Working Families Act of 2007 - Allows certain low-income individuals between age 18 and 61 to establish tax-exempt individual development accounts (IDAs) to pay for certain qualified expenses, including education expenses, first-time homebuyer costs, and business capitalization or expansion costs. Sets forth rules for the establishment, maintenance, and termination of IDAs. Permits tax-free withdrawals from IDAs for qualified expenses, but requires IDA beneficiaries to complete one or more financial education courses prior to making an IDA withdrawal.Allows certain financial institutions, tax-exempt organizations, and Indian tribes to sponsor and administer IDAs. Amends the Internal Revenue Code to allow such entities a business-related tax credit for the cost of administering IDAs and for making matching contributions to IDAs [...] show full description
Also tagged in: Block grants, Budgets, Business, Business education, Capital gains tax, Community development, Economic policy, Education, Entrepreneurs, Finance, Government lending, Grants-in-aid, Higher education, Home ownership, Housing, Income tax, Infrastructure, Job training, Labor, Loans, Losses, Marketing, Rural affairs, Rural economic development, Rural education, Scholarships, Small business, State and local government, Student loan funds, Tax credits, Tax deductions, Tax exclusion, Taxation, Wages
Latest Action: 03/29/2007 - Read twice and referred to the Committee on Finance. Bill TextA bill to create investment opportunities for rural families and access to credit for rural entrepreneurs and microenterprises, to support rural regional investment, and for other purposes. 3/29/2007--Introduced. Rural Investment to Strengthen our Economy Act of 2007 or Rural RISE Act - Amends the Internal Revenue Code to: (1) allow a capital loss deduction with respect to the sale or exchange of a principal residence in certain rural areas; and (2) expand the work opportunity tax credit to include a qualified small business employee as a targeted group member. Authorizes the Secretary of Education to carry out a program for the forgiveness of student loans for certain rural students who obtain a degree. Amends the Consolidated Farm and Rural Development Act to direct the Secretary of Agriculture to establish a: (1) rural entrepreneurship and microenterprise program; and (2) rural regional entrepreneurship program. Requires the Secretary of Labor to award [...] show full description
Also tagged in: Budgets, Business, Congress, Congressional investigations, Corporation taxes, Cost of living adjustments, Economic policy, Employee benefit plans, Federal aid to housing, Finance, Government information, Government publicity, Home ownership, Housing, Housing subsidies, Income tax, Indexing (Economic policy), Labor, Mortgages, Rent, Tax credits, Tax exclusion, Taxation
Latest Action: 04/10/2007 - Sponsor introductory remarks on measure. (CR S4309-4310) Bill TextA bill to amend the Internal Revenue Code of 1986 to provide incentives for employer-provided employee housing assistance, and for other purposes. 4/10/2007--Introduced. Housing America's Workforce Act - Amends the Internal Revenue Code to allow employers a business tax credit for up to 50 percent of the qualified housing expenses paid for the benefit of their employees. Defines "qualified housing expenses" to include homeownership assistance and rental assistance. Limits the amount of such credit to the lesser of $10,000 or six percent of an employee's home purchase price, or up to $2,000 for rental assistance. Excludes from employee gross income the value of employer-paid housing assistance.Authorizes the Secretary of Housing and Urban Development to award grants in FY2008-FY2010, on a competitive basis, to nonprofit housing organizations or local governments for certain costs, including operating costs and technical assistance costs, of employer-assisted [...] show full description
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Latest Legislation - View All
Also tagged in: Agricultural wastes, Agriculture, Air pollution, Alaska, Alcohol as fuel, Alternative energy sources, Apartment houses, Armed forces, Bicycles, Biomass energy, Block grants, Bonds, Budgets, Building laws, Business, Business ethics, Buy American, Car pools, Carbon dioxide, Cellulose, Coal, Coastal zone, Cogeneration of electric power and heat, Congress, Congressional reporting requirements, Continental shelf, Corporation taxes, Defense economics, Depreciation and amortization, Diesel motor, Economic policy, Education, Electric appliances, Electric power production, Electric utilities, Electric vehicles, Energy, Energy conservation, Energy crops, Energy development, Energy efficiency, Energy prices, Energy research, Energy security, Energy transportation, Environmental protection, Excise tax, Export controls, Federal aid to education, Federal aid to research, Federal aid to transportation, Federal-state relations, Federally-guaranteed loans, Fees, Fringe benefits, Fuel cells, Gas in submerged lands, Gas industry, Gifts, Government information, Government lending, Government procurement, Government publicity, Green products, Hawaiians, Heat pumps, Higher education, Housing, Housing subsidies, Hydroelectric power, Hydrogen, Income tax, Indian housing, Indians, Inspectors general, Investment tax credit, Labor, Labor contracts, Law, Low-income housing, Marine resources, Marine resources conservation, Mass rapid transit, Minorities, Minority business enterprises, Mortgage guaranty insurance, Mortgages, Motor vehicle pollution control, Natural gas, Natural resources, New York City, Ocean energy resources, Office buildings, Oil and gas leases, Oil and gas royalties, Oil pollution, Oil shales, Oil well drilling, Oils and fats, Petroleum, Petroleum in submerged lands, Petroleum industry, Petroleum reserves, Pipelines, Politics and government, Property insurance, Public contracts, Public housing, Real estate appraisal, Refuse as fuel, Rental housing, Research grants, Rural affairs, Rural economic development, Rural housing, Science policy, Service stations, Small business, Solar energy, Solid wastes, State and local government, Strategic materials, Subpoena, Sustainable development, Tax administration, Tax credits, Tax deductions, Tax exclusion, Tax exemption, Tax incentives, Taxation, Technological innovations, Technology, Tidal power, Trade, Transportation, Trucks, Urban affairs, Urban economic development, Welfare, Wind power, Women, Women in business
Latest Action: 11/18/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 1118 under authority of the order of the Senate of 11/17/2008. Bill TextTo advance the national security interests of the United States by reducing its dependency on oil through renewable and clean, alternative fuel technologies while building a bridge to the future through expanded access to Federal oil and natural gas resources, revising the relationship between the oil and gas industry and the consumers who own those resources and deserve a fair return from the development of publicly owned oil and gas, ending tax subsidies for large oil and gas companies, and facilitating energy efficiencies in the building, housing, and transportation sectors, and for other purposes. 9/15/2008--Introduced. Comprehensive American Energy Security and Consumer Protection Act - Prohibits oil and gas preleasing or leasing of any area of the Outer Continental Shelf that was not available for oil and gas leasing as of July 1, 2008, unless that action is expressly authorized by this Act or a statute enacted by Congress after the date of enactment of this Act. [...] show full description
Also tagged in: Ambulatory care, Armed forces, Auditing, Authorization, Biological warfare, Budgets, Building construction, Chemical warfare, Collection of accounts, Congregate housing, Congress, Congressional reporting requirements, Construction costs, Defense policy, Department of Veterans Affairs, Disabled, Education, Executive departments, Federally-guaranteed loans, Finance, Government contractors, Government procurement, Health insurance, Health policy, Higher education, Hospitals, Housing, Human experimentation in medicine, Leases, Long-term care, Medical care, Medical centers, Medical education, Medical research, Medicine, Mental illness, Military research, Minorities, Mortgage guaranty insurance, Mortgages, Nonprofit organizations, Nursing homes, Post-traumatic stress disorder, Public contracts, Research centers, Science policy, Social services, Soldiers' homes, Veterans, Veterans' benefits, Veterans' hospitals, Veterans' medical care, Women, Women veterans
Latest Action: 09/12/2008 - Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs. Bill TextTo authorize major medical facility projects and major medical facility leases for the Department of Veterans Affairs for fiscal year 2009, to extend certain authorities of the Secretary of Veterans Affairs, and for other purposes. 9/11/2008--Passed House without amendment. (There is 1 other summary) Veterans' Programs Extension and Construction Authorization Act of 2008 - Title I: Authorization of Medical Facility Projects and Major Medical Facility Leases - (Sec. 101) Authorizes the Secretary of Veterans Affairs to carry out major medical facility projects (projects) in FY2009 in: (1) Palo Alto, California; (2) San Antonio, Texas; and (3) San Juan, Puerto Rico. (Sec. 102) Amends the Veterans Benefits, Health Care, and Information Technology Act of 2006 to: (1) increase amounts authorized for projects at Department of Veterans Affairs (VA) medical centers in New Orleans, Louisiana, and Denver, Colorado; and (2) repeal the authority for [...] show full description
Also tagged in: Administrative procedure, Apartment houses, Bonds, Budgets, Congressional reporting requirements, Department of Agriculture, Executive departments, Federally-guaranteed loans, Finance, Government lending, Housing, Housing subsidies, Income tax, Law, Low-income housing, Moderate income housing, Mortgage guaranty insurance, Mortgages, Rental housing, Rural affairs, Rural housing, Tax credits, Taxation, Welfare
Latest Action: 07/30/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to expedite the transfer of ownership of rural multifamily housing projects with loans made or insured under section 515 of the Housing Act of 1949 so that such projects are rehabilitated and preserved for use for affordable housing. 7/30/2008--Introduced. Section 515 Rural Housing Property Transfer Improvement Act of 2008 - Amends the Housing Act of 1949 to direct the Secretary of Agriculture to: (1) implement administrative and procedural changes to expedite the application approval process for transferring ownership of Section 515 rural multifamily housing projects for which a loan is either made or insured for a project's preservation, continued use restriction, and rehabilitation; and (2) actively facilitate such transfers. Grants final regulatory authority over such property transfers to the Office of Rental Housing Preservation of the Rural Housing Service of the Department of Agriculture. Sets forth deadlines for the processing of transfer applications.
Also tagged in: Arkansas, Bonds, Books, Business, Charitable contributions, College costs, Depreciation and amortization, Disaster relief, Displaced persons, Education, Elementary and secondary education, Emergency management, Employment, Environmental protection, Finance, Floods, Food, Government information, Government paperwork, Grants-in-aid, Higher education, Housing, Humanities, Illinois, Income tax, Indiana, Individual retirement accounts, Inventories, Iowa, Kansas, Labor, Loans, Losses, Low-income housing, Michigan, Minnesota, Missouri, Mortgages, Nebraska, Pensions, Residential rehabilitation, Social services, Solid wastes, Storms, Tax credits, Tax deductions, Tax exclusion, Tax exemption, Tax penalties, Tax returns, Taxation, Textbooks, Tornadoes, Transportation, Travel costs, Volunteer workers, Wisconsin
Latest Action: 07/30/2008 - S.AMDT.5254 Referred to the Committee on Finance. To make a technical correction. Bill TextA bill to provide tax relief for the victims of severe storms, tornados, and flooding in the Midwest, and for other purposes. 7/23/2008--Introduced. Midwestern Disaster Tax Relief Act of 2008 - Amends the Internal Revenue Code to provide tax benefits to individuals affected by presidentially-declared natural disasters (i.e., severe storms, tornadoes, or flooding) in the states of Arkansas, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, and Wisconsin on or after May 20, 2008, and before August 1, 2008 (Midwestern disaster area).Makes specified provisions of the Internal Revenue Code, which currently apply only to residents of the Gulf Opportunity Zone and the Hurricane Katrina disaster area, applicable to the Midwestern disaster area, including: (1) tax-exempt bond financing, the low-income housing tax credit, accelerated depreciation and increased expensing of business assets, an increase in the rehabilitation tax credit, extended carryback [...] show full description
Also tagged in: Budgets, Energy, Energy conservation, Energy efficiency, Federally-guaranteed loans, Finance, Government lending, Home repair and improvement, Housing, Mortgages, Single family housing
Latest Action: 06/12/2008 - Referred to the House Committee on Financial Services. Bill TextTo establish a direct loan program for providing energy efficiency improvements for single family housing, and for other purposes. 6/12/2008--Introduced. Helping Home Owners Make Energy-Efficiency Residential Upgrades Now Act of 2008 or the H-HOMERUN Act of 2008 - Requires the Secretary of Housing and Urban Development to establish a program to make direct loans for energy efficiency improvements for single family housing. Sets forth loan requirements.Directs the Secretary to require that the total present value cost of such improvement is less than the total present value of the energy saved over the useful life of the improvement. Requires such cost and savings to be determined pursuant to a home energy rating report based upon a physical inspection of the property by a home energy rating system, or energy consultant, approved by the Secretary. Requires the aggregate outstanding principal balance of direct loans to not at any time exceed $100 billion.Amends [...] show full description
Also tagged in: Administrative fees, Administrative procedure, Budgets, Capital, Department of Housing and Urban Development, Eviction, Executive departments, Federal aid to housing, Firearms, Firearms control, Housing, Housing authorities, Housing management, Housing subsidies, Illegal aliens, Immigration, Landlord and tenant, Law, Leases, Public housing, Rental housing, Welfare
Latest Action: 07/10/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo improve the Operating Fund for public housing of the Department of Housing and Urban Development, and for other purposes. 7/9/2008--Passed House amended. (There is 1 other summary) Asset Management Improvement Act of 2008 - Prohibits the Secretary of Housing and Urban Development from imposing restrictions or limitations on the amount of management and related fees for a public housing project which the public housing agency (PHA) determines reasonable, unless such restriction or limitation: (1) is determined pursuant to a negotiated rulemaking convened by the Secretary no earlier than April 1, 2009, with representatives from interested parties; and (2) is effective only on or after January 1, 2011. Allows any PHA that owns or operates fewer than 500 public housing units under the United States Housing Act of 1937 to elect to be exempt from asset management requirements imposed by the Secretary. Prohibits the Secretary from imposing [...] show full description
Also tagged in: Aged, Annuities, Armed forces, Armed forces reserves, Blind, Bonds, Business, Capital gains tax, Defense policy, Disabled, Earned income tax credit, Earnings, Education, Education savings accounts, Emergency management, Employee health benefits, Executive departments, Expatriation, Families, Finance, Fire fighters, Flexible benefit plans, Foreign corporations, Government contractors, Government employees, Government information, Government service contracts, Health policy, Higher education, Home ownership, Housing, Identification devices, Immigration, Income tax, Individual retirement accounts, Intelligence activities, Intelligence community staff, Labor, Life insurance, Medical care, Mental health services, Military dependents, Military pay, Military personnel, Mortgages, National service, Peace Corps, Pensions, Public contracts, Social security, Social security taxes, Social services, Subsidiary corporations, Supplemental security income program, Survivors' benefits, Tax credits, Tax deferral, Tax evasion, Tax exclusion, Tax penalties, Tax rebates, Tax refunds, Tax returns, Tax-deferred compensation plans, Taxation, Trade, Unemployment insurance, Veterans' benefits, Volunteer workers, Wages, War casualties, Welfare, Welfare eligibility, Withholding tax
Latest Action: 06/17/2008 - Became Public Law No: 110-245. Bill TextTo amend the Internal Revenue Code of 1986 to provide benefits for military personnel, and for other purposes. 6/17/2008--Public Law. (There are 3 other summaries) (This measure has not been amended since it was passed by the House on May 20, 2008. The summary of that version is repeated here.)Heroes Earning Assistance and Relief Tax Act of 2008 -Amends the Internal Revenue Code to provide tax benefits and incentives for military personnel.Title I: Benefits for Military - (Sec 101) Exempts married taxpayers who file a joint tax return from the identification requirement for the 2008 recovery tax rebate if at least one of the filers is a current member of the Armed Forces.(Sec. 102) Makes permanent the election to treat combat zone compensation as earned income for purposes of the earned income tax credit. (Sec. 103) Makes permanent the exemption from the first-time homebuyer rule for veterans using mortgage [...] show full description
Also tagged in: Administrative procedure, Affordable housing, Alternative energy sources, Apartment houses, Bank examination, Bank loans, Banks and banking, Budgets, Building construction, Building laws, Business, Community development, Consumer education, Consumers, Department of the Treasury, Economic development, Employee training, Energy, Energy conservation, Energy efficiency, Environmental protection, Executive departments, Federal aid to housing, Federal Deposit Insurance Corporation, Federal reserve system, Federally-assisted loans, Finance, Government information, Government paperwork, Government publicity, Green products, Home repair and improvement, Housing, Housing subsidies, Industrialized building, Infrastructure, Job training, Law, Low-income housing, Mobile homes, Mortgage banks, Mortgages, National Credit Union Administration, Natural resources, Nonprofit organizations, Plants, Property insurance, Public housing, Real estate appraisal, Real estate development, Rental housing, Residential rehabilitation, Revegetation, Revolving funds, Rural affairs, Secondary mortgage market, Single family housing, Social services, Solar energy, Standards, Subsidies, Sustainable development, Trees, Urban affairs, Welfare
Latest Action: 07/31/2008 - Committee Consideration and Mark-up Session Held. Bill TextTo encourage energy efficiency and conservation and development of renewable energy sources for housing, commercial structures, and other buildings, and to create sustainable communities. 5/15/2008--Introduced. Green Resources for Energy Efficient Neighborhoods Act of 2008 or the GREEN Act of 2008 - Sets forth provisions concerning Housing of Urban Development (HUD) energy efficiency and conservation standards and green building standards for structures (conservation standards).Requires the Secretary of HUD to conduct a program to demonstrate the effectiveness of funding a portion of the costs of carrying out energy efficiency and conservation and green building measures for multifamily housing projects for which rental assistance is provided under a covered multifamily assistance program. Amends the Housing and Community Development Act of 1992 to provide for credits for Fannie Mae and Freddie Mac for mortgage purchases that support housing that meets conservation [...] show full description
Also tagged in: Budgets, Criminal justice, Disabled, Drug abuse, Drug traffic, Ex-offenders, Federal aid to housing, Finance, Fraud, Government lending, Home ownership, Housing, Housing subsidies, Law, Mortgages, Rental housing, Sex offenders, Veterans, Veterans' benefits
Latest Action: 05/13/2008 - Referred to the House Committee on Financial Services. Bill TextTo provide highest preference in the use of foreclosed housing acquired using Federal loan or grant funds made available under the Neighborhood Stabilization Act of 2008 for providing housing for disabled veterans and to prohibit the purchase or lease of such housing by any individual convicted under Federal or State law of a drug-dealing offense, a sex offense, or mortgage fraud. 5/13/2008--Introduced. Prohibits an individual from purchasing or leasing any housing acquired using federal loan or grant funds made available for use under the Neighborhood Stabilization Act of 2008, or any dwelling unit in any such housing, if such individual has been convicted under federal or state law of a drug-dealing offense, a sex offense, or mortgage fraud. Requires each state, metropolitan city, and urban county that is provided such loan or grant amounts, notwithstanding any other preferences required or authorized under such Act for use of such amounts, to give highest priority [...] show full description
Also tagged in: Budgets, Criminal justice, Drug abuse, Drug traffic, Ex-offenders, Federal aid to housing, Finance, Foreclosure, Fraud, Government lending, Home ownership, Housing, Leases, Mortgages, Residential rehabilitation, Sex offenders
Latest Action: 05/12/2008 - Referred to the House Committee on Financial Services. Bill TextTo prohibit the purchase or lease of housing acquired using Federal loan or grant funds appropriated for the purchase and rehabilitation of foreclosed housing under the Neighborhood Stabilization Act of 2008 by any individual convicted under Federal or State law of a drug-dealing offense, a sex offense, or mortgage fraud. 5/12/2008--Introduced. Prohibits any individual from purchasing or leasing any housing (or any dwelling unit in housing) acquired using federal loan or grant funds Congress appropriates for the purchase and rehabilitation of foreclosed housing under the Neighborhood Stabilization Act of 2008, if he or she has been convicted under federal or state law of a felony drug-dealing offense (within the five-year period preceding the purchase or lease transaction date), a sex offense, or mortgage fraud.
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