H.R.2954: Home Mortgage Disclosure Adjustment Act

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Bill Summary

Home Mortgage Disclosure Adjustment Act (Sec. 2) This bill amends the Home Mortgage Disclosure Act of 1975 to exempt a depository institution from certain records and disclosure requirements related to the itemization of loan data: (1) with respect to closed-end mortgage loans, if the depository institution originated fewer than 500 such loans in each of the two preceding years; and (2) with respect to open-end lines of credit, if the...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 15 statements associated with H.R.2954.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.2954.

Bill Actions

Date Description
Jan. 19, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan. 18, 2018
Considered as unfinished business.
Jan. 18, 2018
Mr. Ellison moved to recommit with instructions to the Committee on Financial Services.
Jan. 18, 2018
Considered under the provisions of rule H. Res. 693.
Jan. 18, 2018
Considered as unfinished business. (consideration: CR H536-537)
Jan. 18, 2018
Mr. Ellison moved to recommit with instructions to the Committee on Financial Services. (text: CR H520-521)
Jan. 18, 2018
Considered under the provisions of rule H. Res. 693. (consideration: CR H513-521)
Jan. 18, 2018
Motion to reconsider laid on the table Agreed to without objection.
Jan. 18, 2018

On passage Passed by the Yeas and Nays: 243 - 184 (Roll no. 32).

Jan. 18, 2018

On motion to recommit with instructions Failed by the Yeas and Nays: 191 - 236 (Roll no. 31).

Jan. 18, 2018
POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit, the Chair put the question on the motion, and by voice vote, announced that the noes had prevailed. Mr. Ellison demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
Jan. 18, 2018
The previous question on the motion to recommit with instructions was ordered without objection.
Jan. 18, 2018
DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with instructions to add language mandating certain officers and institutions to confirm that they abide by requirements outlined within the amendment.
Jan. 18, 2018
The previous question was ordered pursuant to the rule.
Jan. 18, 2018
DEBATE - The House proceeded with one hour of debate on H.R. 2954.
Jan. 18, 2018
The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures.
Jan. 17, 2018
Rule H. Res. 693 passed House.
Jan. 16, 2018
Rules Committee Resolution H. Res. 693 Reported to House. The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures.
Jan. 8, 2018
Placed on the Union Calendar, Calendar No. 359.
Jan. 8, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-485.
Oct. 12, 2017
Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 24.
Oct. 12, 2017
Committee Consideration and Mark-up Session Held.
Oct. 11, 2017
Committee Consideration and Mark-up Session Held.
June 20, 2017
Referred to the House Committee on Financial Services.
June 20, 2017

Introduced in the House by Tom Emmer (R-Minn.)

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