Bills
H.R.5931

H.R.5931: Improving FHA Support for Small Dollar Mortgages Act of 2020

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About This Bill

This bill was introduced in the 116th Congress
This bill is primarily about finance and financial sector
Introduced Feb. 21, 2020
Latest Major Action March 3, 2020
See the one similar bills introduced in other congresses.

Bill Sponsor

William Lacy Clay (D-Mo.)

Bill Cosponsors

5 (3 Democrats, 2 Republicans)

Bill Versions

Referred in Senate - March 3, 2020
Engrossed in House - March 2, 2020
Introduced in House - Feb. 21, 2020

Bill Summary

Improving FHA Support for Small Dollar Mortgages Act of 2020 This bill directs the Department of Housing and Urban Development (HUD) to report on barriers to making Federal Housing Administration (FHA) single-family mortgage insurance available for mortgages under $70,000. Specifically, HUD must report on policies, practices, and products used by the FHA and actions that will be taken to remove such barriers.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.5931.

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Bill Actions

Date	Description
March 3, 2020	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
March 2, 2020	Motion to reconsider laid on the table Agreed to without objection.
March 2, 2020	On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
March 2, 2020	DEBATE - The House proceeded with forty minutes of debate on H.R. 5931.
March 2, 2020	Considered under suspension of the rules.
March 2, 2020	Mr. San Nicolas moved to suspend the rules and pass the bill, as amended.
March 2, 2020	Voice Vote in the House On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1426-1427)
March 2, 2020	Considered under suspension of the rules. (consideration: CR H1426-1428)
Feb. 28, 2020	Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.
Feb. 28, 2020	Committee Consideration and Mark-up Session Held.
Feb. 27, 2020	Committee Consideration and Mark-up Session Held.
Feb. 21, 2020	Referred to the House Committee on Financial Services.
Feb. 21, 2020	Introduced in the House by William Lacy Clay (D-Mo.)

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