S.2734: SAFE Act

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about congress
  • Introduced March 7, 2008
  • Latest Major Action March 11, 2008

Bill Summary

Security Against Foreclosures and Education Act, or the SAFE Act - Amends the Internal Revenue Code to allow proceeds of qualified mortgage bonds to be used to refinance certain residential subprime loans. Requires the Neighborhood Reinvestment Corporation to continue to award expeditiously certain funds already provided for mortgage foreclosure counseling. Amends the Code to allow purchasers of certain single-family principal residences a...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 613.
Star Print ordered on the bill.
March 7, 2008

Introduced in the Senate by Christopher S. Bond (R-Mo.)

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