HB-5461: To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes.
Sponsored by: Rep. David Scott
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 09/17/2014
You have voted HB-5461: To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes..
National Disaster Tax Relief Act of 2014 [HB-5082]
[Taxes ]
[Disaster Relief ]
[Housing ]
[Budget and Spending ]
[Funding ]
National Disaster Tax Relief Act of 2014 - Amends the Internal Revenue Code to provide tax relief for disasters declared in 2012, 2013, and 2014 by: extending through 2014 the election to expense qualified disaster expenses (i.e., for removal of debris, demolition, and repair of business-related property); increasing the tax deduction for charitable contributions for disaster relief for individual and corporate taxpayers; allowing through 2014 the deduction of losses attributable to disasters; allowing waivers of requirements relating to mortgage
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HB-5082: National Disaster Tax Relief Act of 2014
Sponsored by: Rep. Nita Lowey
Referred To The House Committee On Ways And Means. on 07/11/2014
You have voted HB-5061: To amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan..
Partnership to Strengthen Homeownership Act of 2014 [HB-5055]
[Finance ]
[Real Estate ]
[Housing ]
[Insurance ]
[Community Development ]
Partnership to Strengthen Homeownership Act of 2014 - Amends the National Housing Act to remove the Government National Mortgage Association (Ginnie Mae) from the Department of Housing and Urban Development (HUD) and establish it as an independent entity, with a Director in place of the Secretary of Housing and Urban Development. Transfers to Ginnie Mae the powers, duties, personnel, and property of Federal Housing Finance Agency (FHFA), which is hereby abolished. Establishes within Ginnie Mae the Issuing Platform, available for use only by eligible
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HB-5055: Partnership to Strengthen Homeownership Act of 2014
Sponsored by: Rep. Mike Quigley
Referred To The House Committee On Financial Services. on 07/10/2014
Increasing Small Business Lending Act [HB-4652]
[Small Business ]
[Finance ]
[Immigration ]
[Labor, Jobs, Employment ]
[Funding ]
[Grants ]
[Economic Development ]
Increasing Small Business Lending Act - Amends the Small Business Act to suspend, until September 30, 2015, fees under the 7(a) program (SBA-guaranteed loans to small businesses) and the 504 program (financing to small businesses backed by SBA-guaranteed debentures issued by any qualified state or local development company). Authorizes the SBA to guarantee up to 90% of a loan made by a private lender to a small business eligible for a loan guarantee under the Small Business Act or the Small Business Investment Act of 1958. Prohibits such guarantees
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HB-4652: Increasing Small Business Lending Act
Sponsored by: Rep. Janice Schakowsky
Referred To The House Committee On Small Business. on 05/09/2014
Empowering Encore Entrepreneurs Act of 2014 [HB-4613]
[Small Business ]
[Labor, Jobs, Employment ]
[Veterans ]
[Senior Citizens ]
[Economic Development ]
[Funding ]
[Grants ]
Empowering Encore Entrepreneurs Act of 2014 - Directs the Administrator of the Small Business Administration (SBA) to establish a program under which the Administrator may enter into contracts or cooperative agreements with, or make grants to, nonprofit organizations to provide technical assistance, mentoring, and other specialized training activities for encore entrepreneurs. Defines "encore entrepreneur" to mean an entrepreneur, business person, or owner of a small business concern who: (1) is seeking to start a new small business concern or
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HB-4613: Empowering Encore Entrepreneurs Act of 2014
Sponsored by: Rep. Sean Maloney
Sponsor Introductory Remarks On Measure. (cr H4046-4047) on 05/09/2014
Credit Union Residential Loan Parity Act [HB-4226]
[Finance ]
[Housing ]
[Real Estate ]
[Small Business ]
Credit Union Residential Loan Parity Act - Amends the Federal Credit Union Act to revise the definition of "member business loan," which currently excludes an extension of credit fully secured by a lien on a 1- to 4-family dwelling that is the primary residence of a member. Removes the condition that the dwelling be a member's primary residence. (Thus denies eligibility for a member business loan to any requested extension of credit that would be fully secured by a lien on a 1- to 4-family dwelling, regardless of whether it is or is not the member's
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HB-4226: Credit Union Residential Loan Parity Act
Sponsored by: Rep. Ted Poe
Referred To The House Committee On Financial Services. on 03/13/2014
Restoring Proven Financing for American Employers Act [HB-4167]
[Finance ]
[Investments ]
Restoring Proven Financing for American Employers Act - Amends the Bank Holding Company Act of 1956 with respect to certain prohibitions on proprietary trading by banking entities and certain relationships with hedge funds and private equity funds (Volcker Rule). Prescribes rules of construction governing a collateralized loan obligation to prohibit the Volcker Rule from being construed to require divestiture, before July 21, 2017, of any debt securities of collateralized loan obligations issued before January 31, 2014. Declares that a banking entity
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HB-4167: Restoring Proven Financing for American Employers Act
Sponsored by: Rep. Brian Higgins
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 04/30/2014
Sequester Delay and Stop Tax Haven Abuse Act [HB-3666]
[Finance ]
[Taxes ]
[Budget and Spending ]
[International ]
[Law Enforcement ]
[Trade ]
[Crime ]
Sequester Delay and Stop Tax Haven Abuse Act - Title I: Extension of Sequestration - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 to: (1) repeal the across-the-board reductions in discretionary spending mandated by such Act in FY2014 and FY2015, and (2) increase the budget authority in FY2016 for the security and nonsecurity budget categories. Title II: Deterring the Use of Tax Havens for Tax Evasion - Authorizes the Secretary of the Treasury to impose restrictions on foreign jurisdictions or financial institutions operating
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HB-3666: Sequester Delay and Stop Tax Haven Abuse Act
Sponsored by: Rep. Barbara Lee
Referred To The Committee On Ways And Means, And In Addition To The Committees On Financial Services, And The Budget, For A Period To Be Subsequently Determined By The Speaker, In Each Case For Consideration Of Such Provisions As Fall Within The Jurisdiction Of The Committee Concerned. on 12/05/2013
Small Business and Community Investments Expansion Act of 2013 [HB-3656]
[Finance ]
[Small Business ]
[Community Development ]
[Investments ]
The Small Business and Community Investments Expansion Act of 2013 - Amends the Federal Home Loan Bank Act to authorize Federal Home Loan Banks to make long-term secured advances to their members to provide funds to community development financial institutions. Requires a Bank, at the time of origination or renewal of a loan or advance, to obtain and maintain a security interest in collateral eligible pursuant to any secured loan for any community development financial institution.
HB-3656: Small Business and Community Investments Expansion Act of 2013
Sponsored by: Rep. Matthew Cartwright
Referred To The House Committee On Financial Services. on 12/05/2013
Know Before You Owe Private Student Loan Act of 2013 [HB-3612]
[Student Loans ]
[Education ]
[Consumer Protection ]
[Funding ]
Know Before You Owe Private Student Loan Act of 2013 - Amends the Truth in Lending Act to require a lender, before issuing a private education loan for a student attending an institution of higher education (IHE), to obtain the IHE's certification of: (1) the student's enrollment status, (2) the student's cost of attendance, and (3) the difference between that cost and the student's estimated financial assistance. Eliminates the requirement that such lenders obtain a self-certification form from the private education loan applicant. Allows a lender
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HB-3612: Know Before You Owe Private Student Loan Act of 2013
Sponsored by: Rep. Suzanne Bonamici
Referred To The Subcommittee On Higher Education And Workforce Training. on 01/22/2014
Marijuana Businesses Access to Banking Act of 2013 [HB-2652]
[Cannabis ]
[Finance ]
[Small Business ]
[Law Enforcement ]
[Criminal Justice ]
[Crime ]
Marijuana Businesses Access to Banking Act of 2013 - Prohibits a federal banking regulator from: (1) terminating or limiting the deposit insurance of a depository institution solely because it either provides or has provided financial services to a marijuana-related legitimate business; or (2) prohibiting, penalizing, or otherwise discouraging a depository institution from providing financial services to a marijuana-related legitimate business. Prohibits a federal banking regulator, in addition, from recommending, motivating, providing incentives,
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HB-2652: Marijuana Businesses Access to Banking Act of 2013
Sponsored by: Rep. Raul Grijalva
Referred To The Subcommittee On Crime, Terrorism, Homeland Security, And Investigations. on 09/13/2013
Community Lending and Small Business Jobs Act of 2013 [HB-2474]
[Finance ]
[Small Business ]
[Community Development ]
[Economic Development ]
[Funding ]
[Grants ]
[Education ]
Community Lending and Small Business Jobs Act of 2013 - Small Business Lending to Entrepreneurs for Growth in Underserved Populations Act of 2013 or the Small Business Leg-Up Act of 2013 - Requires, upon the expiration of investment authority for the Small Business Lending Fund Program provided in the Small Business Jobs Act of 2010, that all unobligated funds in the Small Business Lending Fund be transferred to the Community Development Financial Institutions (CDFI) Fund. Directs that all funds received in connection with certain purchases of preferred
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HB-2474: Community Lending and Small Business Jobs Act of 2013
Sponsored by: Rep. Tony Cardenas
Referred To The Subcommittee On Higher Education And Workforce Training. on 07/08/2013
RATE Act of 2013 [HB-246]
[Finance ]
[Technology and Innovation ]
[Consumer Protection ]
Rate of Average Time Execution Act of 2013 or RATE Act of 2013 - Amends the Federal Reserve Act to direct the Board of Governors of the Federal Reserve System to collect, publish, and keep current a set of indices, meeting specified criteria, that report the rate for dollar-denominated loans of various maturities.
HB-246: RATE Act of 2013
Sponsored by: Rep. Walter Jones
Referred To The House Committee On Financial Services. on 01/14/2013
Creating Jobs Through Cooperatives Act [HB-2437]
[Community Development ]
[Economic Development ]
[Housing ]
[Labor, Jobs, Employment ]
[Small Business ]
[Funding ]
[Grants ]
Creating Jobs Through Cooperatives Act - Directs the Secretary of Housing and Urban Development (HUD) to establish a National Cooperative Development Program to create jobs and increase economic development in eligible project areas by promoting cooperative development. Defines "eligible project areas" as those located within: a census tract defined as low- or moderate-income by the Census Bureau; a population census tract treated as a low-income community under the Internal Revenue Code; or areas adjacent or close to areas that meet either requirement,
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HB-2437: Creating Jobs Through Cooperatives Act
Sponsored by: Rep. Chaka Fattah
Referred To The House Committee On Financial Services. on 06/19/2013
Small Business Credit Card Act of 2013 [HB-2419]
[Small Business ]
[Consumer Protection ]
[Finance ]
[Labor, Jobs, Employment ]
Small Business Credit Card Act of 2013 - Amends the Truth in Lending Act to cover any qualified small business as a consumer with respect to a credit card account under an open end credit plan (thereby extending credit card protections under such Act to small businesses). Defines "qualified small business" under the Act as any business concern having 50 or fewer employees, whether or not: (1) the credit card account is in the name of an individual or a business entity, and (2) any credit transaction involving such account is for business or personal
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HB-2419: Small Business Credit Card Act of 2013
Sponsored by: Rep. James McGovern
Referred To The House Committee On Financial Services. on 06/18/2013
Right to Lend Act of 2013 [HB-2323]
[Finance ]
[Small Business ]
[Consumer Protection ]
[Data Privacy ]
Right to Lend Act of 2013 - Repeals provisions of the Equal Credit Opportunity Act, as amended by Dodd-Frank Wall Street Reform and Consumer Protection Act, that require financial institutions to: (1) inquire whether businesses applying for credit for a women-owned, minority-owned, or small business are such a business; and (2) submit annually to the Bureau of Consumer Financial Protection, in a manner to be made available to the public, a record of the responses to such inquiry, including census tract information and disclosures as to the race,
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HB-2323: Right to Lend Act of 2013
Sponsored by: Rep. Steve Stivers
Referred To The House Committee On Financial Services. on 06/11/2013
All-STAR Act of 2013 [HB-2252]
[Education ]
[Funding ]
[Grants ]
[Children and Youth ]
All Students Achieving through Reform Act of 2013 or the All-STAR Act of 2013 - Revises subpart 1 (Charter School Programs) of part B (Public Charter Schools) of title V (Promoting Informed Parental Choice and Innovative Programs) of the Elementary and Secondary Education Act of 1965, including by subsuming subpart 2 (Credit Enhancement Initiatives to Assist Charter School Facility Acquisition, Construction, and Renovation) under subpart 1. Replaces the current charter school grant program with a program awarding grants to states, authorized public
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HB-2252: All-STAR Act of 2013
Sponsored by: Rep. Susan Davis
Referred To The Subcommittee On Early Childhood, Elementary, And Secondary Education. on 07/08/2013
Capital Access for Small Community Financial Institutions Act of 2013 [HB-1862]
[Finance ]
[Small Business ]
[Community Development ]
Capital Access for Small Community Financial Institutions Act of 2013 - Amends the Federal Home Loan Bank Act to make a state credit union eligible for membership in the Federal Home Loan Bank system.
HB-1862: Capital Access for Small Community Financial Institutions Act of 2013
Sponsored by: Rep. Andre Carson
Referred To The House Committee On Financial Services. on 05/07/2013
To amend the Federal Credit Union Act to provide an exception from the member business loan cap for loans made to aid in the recovery from a disaster. [HB-1646]
[Disaster Relief ]
[Finance ]
[Small Business ]
[Funding ]
[Grants ]
[Economic Development ]
Amends the Federal Credit Union Act to exempt from the limit on member business loans those that are: (1) used to aid in the recovery from a major disaster declared under the Robert T. Stafford Disaster Relief and Emergency Assistance Act, and (2) made within five years after such a declaration. Directs the National Credit Union Administration Board to issue regulations defining when an extension of credit aids in the recovery from a disaster.
HB-1646: To amend the Federal Credit Union Act to provide an exception from the member business loan cap for loans made to aid in the recovery from a disaster.
Sponsored by: Rep. Gregory Meeks
Sponsor Introductory Remarks On Measure. (cr E499) on 04/18/2013
You have voted HB-1646: To amend the Federal Credit Union Act to provide an exception from the member business loan cap for loans made to aid in the recovery from a disaster..