Bills
H.R.3706

H.R.3706: FHA Taxpayer Protection Act of 2009

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This bill was introduced in the 111th Congress
This bill is primarily about housing and community development
Introduced Oct. 1, 2009
Latest Major Action Oct. 1, 2009

Bill Sponsor

Scott Garrett (R-N.J.)

Bill Cosponsors

31 (1 Democrat, 30 Republicans)

Peter Hoekstra (R-Mich.)
Michele Bachmann (R-Minn.)
Sue Myrick (R-N.C.)
Sam Johnson (R-Texas)
John Culberson (R-Texas)
Joe Pitts (R-Pa.)
Virginia Foxx (R-N.C.)
Doug Lamborn (R-Colo.)
Jo Bonner (R-Ala.)
Todd Akin (R-Mo.)
John Carter (R-Texas)
Kenny Marchant (R-Texas)
Rob Bishop (R-Utah)
Steve King (R-Iowa)
John Shadegg (R-Ariz.)
Trent Franks (R-Ariz.)
Ralph M. Hall (R-Texas)
Ron Klein (D-Fla.)
Tom Cole (R-Okla.)
Louie Gohmert (R-Texas)
Paul Broun (R-Ga.)
John Campbell (R-Calif.)
Roscoe G. Bartlett (R-Md.)
Marsha Blackburn (R-Tenn.)
Mary Fallin (R-Okla.)
Phil Roe (R-Tenn.)
K. Michael Conaway (R-Texas)
John Kline (R-Minn.)
Kay Granger (R-Texas)
Mark Souder (R-Ind.)
Jeb Hensarling (R-Texas)

Bill Summary

FHA Taxpayer Protection Act of 2009 - Amends the National Housing Act to increase the downpayment requirement for a Federal Housing Administration (FHA) mortgage loan from 3.5% to 5%. Repeals the current inclusion in the principal amount of an FHA mortgage loan of any initial service charges, appraisal, inspection, and other fees that the Secretary of Housing and Urban Development (HUD) approves. Prohibits the inclusion of such charges and...

(Source: Library of Congress)

Bill Actions

Date	Description
	Referred to the House Committee on Financial Services.
Oct. 1, 2009	Introduced in the House by Scott Garrett (R-N.J.)

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Bill Summary

Introduced in the House by Scott Garrett (R-N.J.)