US Congress House Bill 430 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2011-03-23 - Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
Pending: House Subcommittee on Insurance, Housing and Community Opportunity Committee
Text: Latest bill text (Introduced) [PDF]

HAMP Repeal and Deficit Reduction Act of 2011 - Prohibits the Secretary of the Treasury from providing any assistance on behalf of any homeowner under the Home Affordable Modification Program (HAMP) under the Making Home Affordable initiative, authorized under the Emergency Economic Stabilization Act of 2008, unless before the enactment of this Act the homeowner was extended an offer to participate in such Program on a trial or permanent basis. Nullifies and terminates all contracts between the Secretary and mortgage servicers under HAMP, except with respect to such homeowners. Provides for use of unobligated HAMP funds for reducing the federal debt.

HAMP Repeal and Deficit Reduction Act of 2011

Rep. Jim Jordan [R-OH]	Rep. Dan Burton [R-IN]	Rep. Darrell Issa [R-CA]	Rep. Patrick McHenry [R-NC]
Rep. Dennis Ross [R-FL]

Date	Chamber	Action
2011-03-23	House	Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
2011-01-25	House	Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/430/all-info
Text	https://www.congress.gov/112/bills/hr430/BILLS-112hr430ih.pdf