S.811: American Dream Downpayment Act

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About This Bill

This bill was introduced in the 108th Congress
This bill is primarily about congress
Introduced April 8, 2003
Latest Major Action Dec. 16, 2003

Bill Sponsor

Wayne A. Allard (R-Colo.)

Bill Cosponsors

9 (All Republicans)

Bill Summary

Title I: Downpayment Assistance - American Dream Downpayment Act - (Sec. 102) Amends the Cranston-Gonzalez National Affordable Housing Act to: (1) authorize the Secretary of Housing and Urban Development to make grants to State and local participating jurisdictions for downpayment assistance and related home repair to low-income, first-time home buyers; and (2) limit family assistance to the greater of six percent of the purchase price or...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.811.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.811.

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Bill Actions

Date	Description
	Sponsor introductory remarks on measure.
	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
	Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
	Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
	Measure laid before Senate.
	Passed Senate with an amendment by Unanimous Consent.
	Message on Senate action sent to the House.
	Received in the House.
	Held at the desk.
	Mr. Leach asked unanimous consent to take from the Speaker's table and consider.
	Considered by unanimous consent.
	On passage Passed without objection.
	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: 108-186.
April 8, 2003	Introduced in the Senate by Wayne A. Allard (R-Colo.)

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