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- H.R.391
H.R.391: To authorize the Secretary of Housing and Urban Development to continue to insure, and to enter into commitments to insure, home equity conversion mortgages under section 255 of the National Housing Act.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about economics and public finance
- Introduced Jan. 10, 2007
- Latest Major Action Jan. 18, 2007
Bill Sponsor
Bill Cosponsors
6 (3 Democrats, 4 Republicans)
Bill Summary
Authorizes the Secretary of Housing and Urban Development to continue, until February 15, 2007, to insure, and to enter into commitments to insure, home equity conversion mortgages for elderly homeowners under the National Housing Act, without regard to the maximum aggregate number of mortgages insured or maximum dollar amount of insurance benefits specified in such Act.
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Financial Services.
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Mr. Scott (GA) moved to suspend the rules and pass the bill.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 391.
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On motion to suspend the rules and pass the bill Agreed to by voice vote.
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
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Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 8.
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Jan. 10, 2007 |
Introduced in the House by Jim Matheson (D-Utah) |