21st Century Flood Reform Act [HB-2874]
[Insurance ]
[Disaster Relief ]
[Housing ]
[Consumer Protection ]
[Real Estate ]
[Budget and Spending ]
[Funding ]
21st Century Flood Reform Act TITLE I--POLICYHOLDER PROTECTIONS AND INFORMATION (Sec. 101) This bill amends the National Flood Insurance Act of 1968 to extend the National Flood Insurance Program (NFIP) through FY2022. (Sec. 102) The bill changes annual minimums and limits on premium increases for specified policies subsidized through NFIP to: (1) increase the minimum from 5% to 5.5% for the second year after enactment, (2) increase the minimum from 5% to 6% for the third year, (3) increase the minimum from 5% to 6.5% for the fourth year and beyond,
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HB-2874: 21st Century Flood Reform Act
Sponsored by: Rep. Sean Duffy
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 11/15/2017
Relationship Lending Preservation Act of 2017 [S.1315]
[Finance ]
[Housing ]
[Consumer Protection ]
[Real Estate ]
Relationship Lending Preservation Act of 2017 This bill directs the Consumer Financial Protection Bureau to issue regulations that include as a "qualified mortgage" any mortgage loan that: (1) is extended by a Federal Home Loan Bank member that, together with its affiliates, has less than $10 billion in total consolidated assets; (2) meets specified qualifying criteria under the Truth in Lending Act; and (3) is eligible to be purchased by a Federal Home Loan Bank pursuant to regulations of the Federal Housing Finance Agency and requirements established
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S.1315: Relationship Lending Preservation Act of 2017
Sponsored by: Sen. Mark Warner
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 06/08/2017
Combating BDS Act of 2017 [HB-2856]
[International ]
[Trade ]
[Consumer Protection ]
[Human Rights ]
[Investments ]
Combating BDS Act of 2017 This bill allows a state or local government to adopt and enforce measures to divest its assets from, prohibit investment of its assets in, or restrict contracting with: (1) an entity that engages in a commerce- or investment-related boycott, divestment, or sanctions activity targeting Israel; or (2) an entity that owns or controls, is owned or controlled by, or is under common ownership or control with such an entity. Such measures are not preempted by federal law. A state or local government that seeks to adopt or enforce
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HB-2856: Combating BDS Act of 2017
Sponsored by: Rep. Alexander Mooney
Introduced In House on 06/08/2017
Improving Access to Capital Act [HB-2864]
[Finance ]
[Small Business ]
[Economic Development ]
[Investments ]
Improving Access to Capital Act (Sec. 1) This bill exempts, under Regulation A+, certain fully reporting issuers of securities from specified disclosure requirements. Under current law, Regulation A+ exempts certain smaller offerings from securities registration requirements but applies only to non-reporting issuers.
HB-2864: Improving Access to Capital Act
Sponsored by: Rep. Luke Messer
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 09/06/2017
Flood Insurance Affordability and Sustainability Act of 2017 [S.1313]
[Insurance ]
[Disaster Relief ]
[Housing ]
[Real Estate ]
[Funding ]
[Grants ]
[Budget and Spending ]
[Property Tax ]
[Consumer Protection ]
Flood Insurance Affordability and Sustainability Act of 2017 This bill amends the National Flood Insurance Act of 1968 to extend the National Flood Insurance Program (NFIP) through FY2027 (currently, certain provisions expire FY2017). The Federal Emergency Management Agency (FEMA) is directed to base the coverage limit of flood insurance obtained through NFIP on the maximum confirmation loan limit determined by the Federal National Mortgage Association (Fannie Mae). Under current law, coverage is limited to $250,000 for residential dwellings and
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S.1313: Flood Insurance Affordability and Sustainability Act of 2017
Sponsored by: Sen. Kirsten Gillibrand
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 06/07/2017
Home Mortgage Disclosure Adjustment Act [S.1310]
[Finance ]
[Housing ]
[Real Estate ]
[Consumer Protection ]
[Small Business ]
Home Mortgage Disclosure Adjustment Act 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.
S.1310: Home Mortgage Disclosure Adjustment Act
Sponsored by: Sen. Michael Enzi
Committee On Banking, Housing, And Urban Affairs. Hearings Held. on 06/08/2017
S.1237: Family Farmer Bankruptcy Clarification Act of 2017
Sponsored by: Sen. Chuck Grassley
Read Twice And Referred To The Committee On The Judiciary. (sponsor Introductory Remarks On Measure: Cr S3216; Text Of Measure As Introduced: Cr S3215-3216) on 05/25/2017
Young Americans Financial Literacy Act [HB-2674]
[Education ]
[Consumer Protection ]
[Student Loans ]
[Funding ]
[Grants ]
[Children and Youth ]
[Finance ]
Young Americans Financial Literacy Act This bill requires the Consumer Financial Protection Bureau to award competitive grants to eligible institutions for the establishment of centers of excellence to support research, development, implementation, and evaluation of effective financial-literacy education programs for young people and families. An "eligible institution" is a partnership among two or more of the following: an institution of higher education; a local educational agency; a nonprofit agency, organization, or association; or a financial
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HB-2674: Young Americans Financial Literacy Act
Sponsored by: Rep. Andre Carson
Introduced In House on 05/25/2017
Fairness for Struggling Students Act of 2017 [S.1262]
[Student Loans ]
[Education ]
Fairness for Struggling Students Act of 2017 This bill amends federal bankruptcy law to make privately issued student loans dischargeable in bankruptcy. Under current law, student loans (whether issued privately or by a governmental unit) are dischargeable only if excepting the loans from dischargeability would impose undue hardship on the debtor and the debtor's dependents.
S.1262: Fairness for Struggling Students Act of 2017
Sponsored by: Sen. Jack Reed
Read Twice And Referred To The Committee On The Judiciary. (sponsor Introductory Remarks On Measure: Cr S3217-3218; Text Of Measure As Introduced: Cr S3217) on 05/25/2017
Protecting Veterans Credit Act of 2018 [HB-2683]
[Veterans ]
[Consumer Protection ]
[Healthcare ]
Protecting Veterans Credit Act of 2018 This bill amends the Fair Credit Reporting Act to limit, and establish a dispute process and verification procedures with respect to, the inclusion of a veteran's medical debt in a consumer credit report.
HB-2683: Protecting Veterans Credit Act of 2018
Sponsored by: Rep. Alcee Hastings
Reported (amended) By The Committee On Financial Services. H. Rept. 115-1025. on 11/14/2018
Community Bank Relief Act [S.1284]
[Finance ]
[Small Business ]
Community Bank Relief Act This bill directs the Federal Reserve Board to increase, from $1 billion to $5 billion, the consolidated asset threshold (i.e., permissible debt level) for a bank holding company or savings and loan holding company that: (1) is not engaged in significant nonbanking activities; (2) does not conduct significant off-balance-sheet activities; and (3) does not have a material amount of debt or equity securities, other than trust-preferred securities, outstanding. If warranted for supervisory purposes, the Federal Reserve Board
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S.1284: Community Bank Relief Act
Sponsored by: Sen. Angus King
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 05/25/2017
Financial Institution Customer Protection Act of 2017 [HB-2706]
[Finance ]
[National Security ]
[Cybersecurity ]
[Consumer Protection ]
Financial Institution Customer Protection Act of 2017 (Sec. 2) This bill specifies that a federal banking agency may not request or order a depository institution to terminate a customer account unless: (1) the agency has a valid reason for doing so, and (2) that reason is not based solely on reputation risk. Valid reasons for terminating an account include threats to national security and involvement in terrorist financing, including state sponsorship of terrorism. A federal banking agency requesting a termination must provide the depository institution
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HB-2706: Financial Institution Customer Protection Act of 2017
Sponsored by: Rep. Robert Latta
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 12/12/2017
Countering Terrorist Financing Act of 2017 [HB-2622]
[Finance ]
[National Security ]
[Law Enforcement ]
[Cybersecurity ]
[Crime ]
Countering Terrorist Financing Act of 2017 This bill revises the authority of the Department of the Treasury to issue an order imposing recordkeeping and reporting requirements upon financial institutions and nonfinancial trade or business groups in certain geographic areas regarding transactions for the payment, receipt, or transfer of U.S. coins or currency (or other monetary instruments as Treasury may describe in an order). Specifically, a Treasury order for recordkeeping and reporting may include any funds (not just U.S. coins or currency)
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HB-2622: Countering Terrorist Financing Act of 2017
Sponsored by: Rep. Peter King
Introduced In House on 05/24/2017
21st Century Glass-Steagall Act of 2017 [HB-2585]
[Finance ]
[Insurance ]
21st Century Glass-Steagall Act of 2017 This bill amends the Federal Deposit Insurance Act, the Bank Holding Company Act of 1956, the Home Owner's Loan Act, the International Banking Act of 1978, the federal bankruptcy code, and other laws to: limit affiliations between an insured depository institution and any insurance company, securities entity, or swaps entity; restrict the authority of a national banking association to purchase or sell investment securities or stock, invest in certain structured or synthetic products, control or hold an interest
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HB-2585: 21st Century Glass-Steagall Act of 2017
Sponsored by: Rep. Barbara Lee
Referred To The Subcommittee On Regulatory Reform, Commercial And Antitrust Law. on 06/23/2017
National Flood Insurance Program Extension Act of 2018 [S.1182]
[Insurance ]
[Disaster Relief ]
National Flood Insurance Program Extension Act of 2018 (Sec. 2) This bill amends the National Flood Insurance Act of 1968 to reauthorize the National Flood Insurance Program through November 30, 2018.
S.1182: National Flood Insurance Program Extension Act of 2018
Sponsored by: Sen. Robert Casey
Became Public Law No: 115-225. (txt | Pdf) on 07/31/2018
The American Legion 100th Anniversary Commemorative Coin Act [HB-2519]
[Veterans ]
[Military ]
[Children and Youth ]
[Family-Related Legislation ]
[Arts and Culture ]
The American Legion 100th Anniversary Commemorative Coin Act This bill requires the Department of the Treasury to mint and issue commemorative coins in recognition and celebration of the 100th anniversary of the American Legion. Surcharges received from the sale of these coins shall be paid to the American Legion for costs related to promoting the importance of: (1) caring for those who have served, and those who are still serving, in the Armed Forces; and (2) maintaining patriotic values, strong families, and assistance for at-risk children.
HB-2519: The American Legion 100th Anniversary Commemorative Coin Act
Sponsored by: Rep. Alexander Mooney
Introduced In House on 05/18/2017
Private Student Loan Bankruptcy Fairness Act of 2017 [HB-2527]
[Student Loans ]
Private Student Loan Bankruptcy Fairness Act of 2017 This bill amends the federal bankruptcy code to allow private education loans to be discharged in bankruptcy regardless of whether a debtor demonstrates undue hardship. Under current law, student loans may be discharged in bankruptcy only if the loans impose an undue hardship on the debtor.
HB-2527: Private Student Loan Bankruptcy Fairness Act of 2017
Sponsored by: Rep. Barbara Lee
Introduced In House on 05/18/2017