US HB2890 | 2017-2018 | 115th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 13 2017 - 25% progression, died in committee
Action: 2017-06-13 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 13 2017 - 25% progression, died in committee
Action: 2017-06-13 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Housing Opportunity Mortgage Expansion Act This bill amends the Federal Home Loan Bank Act to continue Federal Home Loan Bank (FHLB) membership for captive insurance companies that became members prior to publication of the proposed (now final) Federal Housing Finance Agency rule ending their FHLB membership. (A captive insurance company underwrites insurance for its parent company and does not provide insurance to the public.) The parent company must support residential mortgage activities.
Title
Housing Opportunity Mortgage Expansion Act
Sponsors
Rep. Randy Hultgren [R-IL] | Rep. Gwen Moore [D-WI] | Rep. Luke Messer [R-IN] | Rep. Peter Roskam [R-IL] |
Rep. Ron Kind [D-WI] | Rep. Bill Foster [D-IL] | Rep. James Sensenbrenner [R-WI] | Rep. Mike Bost [R-IL] |
Rep. Robin Kelly [D-IL] | Rep. Rodney Davis [R-IL] | Rep. Mark Pocan [D-WI] | Rep. Mike Gallagher [R-WI] |
Rep. Bradley Schneider [D-IL] | Rep. Ed Perlmutter [D-CO] | Rep. Danny Davis [D-IL] | Rep. Darin LaHood [R-IL] |
Rep. Glenn Grothman [R-WI] | Rep. Luis Gutierrez [D-IL] | Rep. Scott Tipton [R-CO] | Rep. Mike Quigley [D-IL] |
Rep. Bobby Rush [D-IL] | Rep. John Shimkus [R-IL] | Rep. Cheri Bustos [D-IL] | Rep. Raja Krishnamoorthi [D-IL] |
Rep. Adam Kinzinger [R-IL] | Rep. Daniel Lipinski [D-IL] | Rep. Janice Schakowsky [D-IL] |
History
Date | Chamber | Action |
---|---|---|
2017-06-13 | House | Referred to the House Committee on Financial Services. |
2017-06-13 | House | Introduced in House |
Same As/Similar To
SB2361 (Related) 2018-01-30 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
Banking and financial institutions regulation
Finance and financial sector
Housing finance and home ownership
Insurance industry and regulation
Finance and financial sector
Housing finance and home ownership
Insurance industry and regulation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/house-bill/2890/all-info |
Text | https://www.congress.gov/115/bills/hr2890/BILLS-115hr2890ih.pdf |