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H.R. 2954

Referred to Committee

Home Mortgage Disclosure Adjustment Act

Introduced 6/20/2017•115th Congress•House

Latest Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

1/19/2018 • Senate

Summary

Home Mortgage Disclosure Adjustment Act

(Sec. 2) This bill amends the Home Mortgage Disclosure Act of 1975 to exempt a depository institution from certain records and disclosure requirements related to the itemization of loan data: (1) with respect to closed-end mortgage loans, if the depository institution originated fewer than 500 such loans in each of the two preceding years; and (2) with respect to open-end lines of credit, if the depository institution originated fewer than 500 such lines of credit in each of the two preceding years.

(Sec. 3) The amount deposited in the Securities and Exchange Commission Reserve Fund for FY2018 may not exceed $48 million.

Passed House amended • 1/18/2018

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Topics & Subjects

Banking and financial institutions regulationBusiness recordsConsumer creditExecutive agency funding and structureHousing finance and home ownershipSecurities and Exchange Commission (SEC)User charges and fees

Amendments (1)

This bill has 1 amendment proposed or adopted.

View all amendments on Congress.gov

Related Federal Spending

Sponsor & Cosponsors (8)

Party Breakdown

0
Democrats
8
Republicans
0
Independents

Sponsor

R[
Rep. Emmer, Tom [R-MN-6]

Republican • MN-6

Sponsored 6/20/2017

Cosponsors (7)

R[
Rep. Luetkemeyer, Blaine [R-MO-3]

R-MO-3

Joined 6/20/2017

R[
Rep. Duffy, Sean P. [R-WI-7]

R-WI-7

Joined 9/7/2017

R[
Rep. Hill, J. French [R-AR-2]

R-AR-2

Joined 9/18/2017

R[
Rep. Latta, Robert E. [R-OH-5]

R-OH-5

Joined 9/26/2017

R[
Rep. Arrington, Jodey C. [R-TX-19]

R-TX-19

Joined 9/26/2017

R[
Rep. Smith, Adrian [R-NE-3]

R-NE-3

Joined 10/5/2017

Bill Journey

Originated in the House

Introduced

June 20, 2017

Committee Review

October 11, 2017

Floor Debate

January 18, 2018

Passed Chamber

January 17, 2018

Other Chamber

President

Failed

January 18, 2018

Text Versions (4)

Referred in Senate1/19/2018
Engrossed in House1/18/2018
Reported in House1/8/2018
Introduced in House6/20/2017

Committee Reports (1)

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors7