Bills
H.R.2895

H.R.2895: National Affordable Housing Trust Fund Act of 2007

Read the bill

About This Bill

This bill was introduced in the 110th Congress
This bill is primarily about emergency management
Introduced June 28, 2007
Latest Major Action Oct. 15, 2007

Bill Sponsor

Barney Frank (D-Mass.)

Bill Cosponsors

103 (92 Democrats, 12 Republicans)

Bill Summary

National Affordable Housing Trust Fund Act of 2007 - Amends the Cranston-Gonzalez National Affordable Housing Act to establish in the Treasury the National Affordable Housing Trust Fund (Fund). Declares that: (1) the Fund shall consist of certain amounts of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation transferred to the Fund under specified law, including Federal Housing Administration (FHA) savings;...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 5 statements associated with H.R.2895.

See statements

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.2895.

See estimate

Bill Actions

Date	Description
	Referred to the House Committee on Financial Services.
	Committee Hearings Held.
	Committee Consideration and Mark-up Session Held.
	Committee Consideration and Mark-up Session Held.
	Ordered to be Reported (Amended) by the Yeas and Nays: 45 - 23.
	Reported (Amended) by the Committee on Financial Services. H. Rept. 110-362.
	Placed on the Union Calendar, Calendar No. 222.
	Rules Committee Resolution H. Res. 720 Reported to House. Rule provides for consideration of H.R. 2895 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Service now printed in the bill.
	Rule H. Res. 720 passed House.
	Considered under the provisions of rule H. Res. 720.
	Rule provides for consideration of H.R. 2895 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Service now printed in the bill.
	House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 720 and Rule XVIII.
	The Speaker designated the Honorable Tim Holden to act as Chairman of the Committee.
	GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 2895.
	POSTPONED PROCEEDINGS - At the conclusion of debate on the Frank(MA) amendment No. 1, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Frank(MA) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
	DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 10 minutes of debate on the Frank (MA) amendment.
	DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 10 minutes of debate on the Hastings (FL) amendment.
	DEBATE - Pursuant to the provisions of H. Res. 720, the Committee of the Whole proceeded with 20 minutes of debate on the Neugebauer amendment.
	POSTPONED PROCEEDINGS - At the conclusion of debate on the Neugebauer amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Neugebauer demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
	UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
	The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2895.
	The previous question was ordered pursuant to the rule.
	The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.
	Mrs. Musgrave moved to recommit with instructions to Financial Services.
	DEBATE - The House proceeded with 10 minutes of debate on the Musgrave motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with language inserting work requirements for residents.
	The previous question on the motion to recommit with instructions was ordered without objection.
	On motion to recommit with instructions Failed by recorded vote: 199 - 218 (Roll no. 957).
	On passage Passed by the Yeas and Nays: 264 - 148 (Roll no. 958).
	Motion to reconsider laid on the table Agreed to without objection.
	The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 2895.
	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
June 28, 2007	Introduced in the House by Barney Frank (D-Mass.)

Legislators

Bills

Statements

Lobbying

Travel