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- H.R.2208
H.R.2208: To amend the Real Estate Settlement Procedures Act of 1974 to require the payment of interest on escrow and impoundment accounts established for the payment of taxes and fire and hazard insurance premiums on property securing a federally related mortgage loan.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced June 14, 2001
- Latest Major Action June 25, 2001
Bill Sponsor
Bill Cosponsors
6 (All Democrats)
Bill Summary
Amends the Real Estate Settlement Procedures Act of 1974 to require the payment of interest (of at least 3.5 percent) to a borrower on escrow and impoundment accounts established for the payment of taxes and fire and hazard insurance premiums on property securing a federally related mortgage loan.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Financial Services.
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|
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Referred to the Subcommittee on Housing and Community Opportunity.
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| June 14, 2001 |
Introduced in the House by Melvin Watt (D-N.C.) |