H.R. 2255 115th Congress House

HOME Act

Official title: To clarify that nonprofit organizations may accept donated mortgage appraisals, and for other purposes.

Introduced: November 15, 2017 See on congress.gov

Finance and Financial Sector AgingBanking and financial institutions regulationBusiness investment and capitalCharitable contributions

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Civil actions and liabilityCongressional oversightEmployment discrimination and employee rightsFinancial services and investmentsFraud offenses and financial crimesHousing finance and home ownershipInsurance industry and regulationReal estate businessRural conditions and developmentSecurities and Exchange Commission (SEC)Small businessSocial work, volunteer service, charitable organizations

Everywhere this bill has been 14 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 30, 2018

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

Jan 29, 2018

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H647-648)

Jan 29, 2018

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H647-648)

Jan 29, 2018

DEBATE - The House proceeded with forty minutes of debate on H.R. 2255.

Jan 29, 2018

Considered under suspension of the rules. (consideration: CR H647-650)

Jan 29, 2018

Mr. Tipton moved to suspend the rules and pass the bill, as amended.

Jan 29, 2018

Placed on the Union Calendar, Calendar No. 393.

Jan 29, 2018

Reported by the Committee on Financial Services. H. Rept. 115-528.

Jan 29, 2018

Motion to reconsider laid on the table Agreed to without objection.

Jan 18, 2018

Ordered to be Reported by the Yeas and Nays: 55 - 0.

Jan 18, 2018

Committee Consideration and Mark-up Session Held.

Jan 17, 2018

Committee Consideration and Mark-up Session Held.

Apr 28, 2017

Referred to the House Committee on Financial Services.

Apr 28, 2017

Introduced in House

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Latest action January 30, 2018

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

Plain-English summary Congressional Research Service

TITLE I--HOUSING OPPORTUNITIES MADE EASIER

(Sec. 101) This bill amends the Truth in Lending Act to deem mortgage appraisal services donated by a fee appraiser to an organization that is eligible to receive tax-deductible charitable contributions to be customary and reasonable.

TITLE II--EXPANDING ACCESS TO CAPITAL FOR RURAL JOB CREATORS

(Sec. 201) The bill amends the Securities Exchange Act of 1934 to require the Advocate for Small Business Capital Formation within the Securities and Exchange Commission to report on issues encountered by rural-area small businesses.

TITLE III--SENIOR SAFE

(Sec. 301) The bill extends immunity from liability to certain individuals who, in good faith and with reasonable care, disclose the suspected exploitation of a senior citizen to a regulatory or law-enforcement agency. Specifically, this immunity shall apply to certain credit-union, depository-institution, investment-adviser, broker-dealer, transfer-agency, insurance-company, and insurance-agency employees who have received specified training related to identifying and reporting the suspected exploitation of a senior citizen. Similarly, the employing financial institution shall not be liable with respect to disclosures made by such employees.

(Sec. 302) The bill allows financial institutions and third-party entities to offer training related to the suspected financial exploitation of a senior citizen to specified employees. The bill provides guidance regarding the content, timing, and record-maintenance requirements of such training.

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