S.386: Fraud Enforcement and Recovery Act of 2009

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About This Bill

This bill was introduced in the 111th Congress
This bill is primarily about crime and law enforcement
Introduced Feb. 5, 2009
Latest Major Action May 20, 2009

Bill Sponsor

Patrick J. Leahy (D-Vt.)

Bill Cosponsors

29 (26 Democrats, 1 Independent Democrat, 3 Republicans)

Bill Summary

Fraud Enforcement and Recovery Act of 2009 or FERA - (Sec. 2) Amends the federal criminal code to include within the definition of "financial institution" a mortgage lending business or any person or entity that makes, in whole or in part, a federally related mortgage loan. Defines "mortgage lending business" as an organization that finances or refinances any debt secured by an interest in real estate, including private mortgage companies and...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 7 statements associated with S.386.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.386.

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Bill Actions

Date	Description
	Sponsor introductory remarks on measure.
	Read twice and referred to the Committee on the Judiciary.
	Committee on the Judiciary. Ordered to be reported with an amendment favorably.
	Committee on the Judiciary. Reported by Senator Leahy with an amendment in the nature of a substitute. Without written report.
	Placed on Senate Legislative Calendar under General Orders. Calendar No. 28.
	By Senator Leahy from Committee on the Judiciary filed written report. Report No. 111-10.
	Cloture motion on the motion to proceed to the measure presented in Senate.
	Motion to proceed to measure considered in Senate.
	Cloture motion on the motion to proceed to the measure withdrawn by unanimous consent in Senate.
	Measure laid before Senate by unanimous consent.
	Considered by Senate.
	Cloture motion on the committee substitute amendment presented in Senate.
	Considered by Senate.
	Cloture on the committee substitute amendment invoked in Senate by Yea-Nay Vote. 84 - 4. Record Vote Number: 170.
	Point of order raised against pending amendments en bloc.
	The committee substitute as amended agreed to by Unanimous Consent Vote.
	Considered by Senate.
	Passed Senate with an amendment by Yea-Nay Vote. 92 - 4. Record Vote Number: 171.
	Received in the House.
	Message on Senate action sent to the House.
	Held at the desk.
	Mr. Scott (VA) moved to suspend the rules and pass the bill, as amended.
	Considered under suspension of the rules.
	DEBATE - The House proceeded with forty minutes of debate on S. 386.
	At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
	Considered as unfinished business.
	On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 367 - 59, 1 Present (Roll no. 235).
	Motion to reconsider laid on the table Agreed to without objection.
	The title of the measure was amended. Agreed to without objection.
	Message on House action received in Senate and at desk: House amendments to Senate bill.
	Senate concurred in House amendment with an amendment (SA 1128) by Unanimous Consent.
	Senate concurred in the House amendment to the title by Unanimous Consent.
	Message on Senate action sent to the House.
	Mr. Scott (VA) moved that the House suspend the rules and agree to the Senate amendment to the House amendments.
	DEBATE - The House proceeded with forty minutes of debate on S. 386.
	At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Burgess objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
	On motion that the House suspend the rules and agree to the Senate amendment to the House amendments Agreed to by the Yeas and Nays: (2/3 required): 338 - 52 (Roll no. 268).
	Motion to reconsider laid on the table Agreed to without objection.
	Cleared for White House.
	Presented to President.
	Signed by President.
	Became Public Law No: 111-21.
Feb. 5, 2009	Introduced in the Senate by Patrick J. Leahy (D-Vt.)

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