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S 1597 108th Congress Senate

Homestead Preservation Act

Official title: A bill to provide mortgage payment assistance for employees who are separated from employment.

Introduced: February 24, 2004 See on congress.gov
Labor and Employment Dislocated workersEconomics and Public FinanceFederal aid to housingFinance and Financial Sector
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Government lendingHousing and Community DevelopmentInterest ratesMortgages
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 9, 2003
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S11250)
Sep 9, 2003
Sponsor introductory remarks on measure. (CR S11249-11250)
Sep 9, 2003
Introduced in Senate
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 Latest action September 9, 2003

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S11250)

 Plain-English summary Congressional Research Service

Homestead Preservation Act - Directs the Secretary of Labor to establish a program of low-interest loan (residential) mortgage assistance to eligible persons who are separated from their employment.

Limits assistance to 12 months, and requires repayment within five years.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1 Republican 2
D
Durbin, Richard J.
Illinois · Feb 24, 2004
 R
Collins, Susan M.
Maine · Oct 16, 2003
 R
Graham, Lindsey
South Carolina · Sep 9, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1597: Homestead Preservation Act. 108th Congress. Open America. https://openamerica.io/bill/108-S-1597/
MLA
"S. 1597: Homestead Preservation Act." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-S-1597/.
Bluebook (legal)
S. 1597, 108th Cong. (2026), https://openamerica.io/bill/108-S-1597/.
Markdown link
[S. 1597: Homestead Preservation Act](https://openamerica.io/bill/108-S-1597/)
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