H.R.5953: Building Up Independent Lives and Dreams Act

About This Bill

  • Introduced May 24, 2018
  • Latest Major Action July 11, 2018

Bill Summary

Building Up Independent Lives and Dreams Act or the BUILD Act (Sec. 2) This bill amends the Truth in Lending Act and the Real Estate Settlement Procedures Act of 1974 to allow nonprofit organizations offering mortgage loans for charitable purposes to use certain alternative forms to satisfy disclosure requirements.

(Source: Congressional Research Service)

What Lawmakers Are Saying About This Bill

There are 9 statements associated with H.R.5953.

Bill Actions

Date Description
July 11
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
July 10
Motion to reconsider laid on the table Agreed to without objection.
July 10

On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6005)

July 10
DEBATE - The House proceeded with forty minutes of debate on H.R. 5953.
July 10
Considered under suspension of the rules. (consideration: CR H6005-6007)
July 10
Mr. Huizenga moved to suspend the rules and pass the bill.
July 10
Placed on the Union Calendar, Calendar No. 625.
July 10
Reported by the Committee on Financial Services. H. Rept. 115-806.
June 14
Ordered to be Reported by the Yeas and Nays: 53 - 0.
June 14
Committee Consideration and Mark-up Session Held.
May 24
Referred to the House Committee on Financial Services.
May 24

Introduced in the House by Barry Loudermilk (R-Ga.)

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