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HR 2034 111th Congress House Housing and Community Development Government lending and loan guarantees Housing finance and home ownership Rural conditions and development User charges and fees

Rural Homeowners Protection Act of 2009

Introduced: April 22, 2009 See on congress.gov
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 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 30, 2009
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 29, 2009
Motion to reconsider laid on the table Agreed to without objection.
Jul 29, 2009
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8971)
Jul 29, 2009
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H8971)
Jul 29, 2009
DEBATE - The House proceeded with forty minutes of debate on H.R. 2034.
Jul 29, 2009
Considered under suspension of the rules. (consideration: CR H8971)
Jul 29, 2009
Mr. Moore (KS) moved to suspend the rules and pass the bill.
Apr 22, 2009
Referred to the House Committee on Financial Services.
Apr 22, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Rural Homeowners Protection Act of 2009 - Amends the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Act and the Housing Act of 1949 to: (1) increase from 1% to 2% the guarantee fee on loans for housing and buildings on adequate farms; and (2) authorize the Secretary of Agriculture to guarantee a loan made to refinance one made by a private lender to an individual to acquire or construct a single-family residence located in a rural area.

Requires the Secretary to charge a guarantee fee for refinancing such a loan at levels necessary, but no higher than needed, to allow such class of loans to be guaranteed without resulting in a need for an appropriation for a credit subsidy.

What's happening now July 30, 2009

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 2
 Cosponsors 4
All 4 Democratic 3 Republican 1