HR 2954
115th Congress
House
Finance and Financial Sector
Banking and financial institutions regulation
Business records
Consumer credit
Executive agency funding and structure
Housing finance and home ownership
Securities and Exchange Commission (SEC)
User charges and fees
Home Mortgage Disclosure Adjustment Act
Everywhere this bill has been
23 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 19, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan 18, 2018
Motion to reconsider laid on the table Agreed to without objection.
Jan 18, 2018
On passage Passed by the Yeas and Nays: 243 - 184 (Roll no. 32).
Jan 18, 2018
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 243 - 184 (Roll no. 32).
Jan 18, 2018
On motion to recommit with instructions Failed by the Yeas and Nays: 191 - 236 (Roll no. 31).
Jan 18, 2018
Considered as unfinished business. (consideration: CR H536-537)
Jan 18, 2018
POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit, the Chair put the question on the motion, and by voice vote, announced that the noes had prevailed. Mr. Ellison demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
Jan 18, 2018
The previous question on the motion to recommit with instructions was ordered without objection.
Jan 18, 2018
DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with instructions to add language mandating certain officers and institutions to confirm that they abide by requirements outlined within the amendment.
Jan 18, 2018
Mr. Ellison moved to recommit with instructions to the Committee on Financial Services. (text: CR H520-521)
Jan 18, 2018
The previous question was ordered pursuant to the rule.
Jan 18, 2018
DEBATE - The House proceeded with one hour of debate on H.R. 2954.
Jan 18, 2018
The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures.
Jan 18, 2018
Considered under the provisions of rule H. Res. 693. (consideration: CR H513-521)
Jan 17, 2018
Rule H. Res. 693 passed House.
Jan 16, 2018
Rules Committee Resolution H. Res. 693 Reported to House. The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures.
Jan 8, 2018
Placed on the Union Calendar, Calendar No. 359.
Jan 8, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-485.
Oct 12, 2017
Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 24.
Oct 12, 2017
Committee Consideration and Mark-up Session Held.
Oct 11, 2017
Committee Consideration and Mark-up Session Held.
Jun 20, 2017
Referred to the House Committee on Financial Services.
Jun 20, 2017
Introduced in House
Votes taken on this bill
2
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Jan 19, 2018 | House · vote #32 | On Passage | Passed | 243–184 | See who voted → |
| Jan 19, 2018 | House · vote #31 | On Motion to Recommit with Instructions | Failed | 191–236 | See who voted → |
Plain-English summary
Home Mortgage Disclosure Adjustment Act
(Sec. 2) This bill amends the Home Mortgage Disclosure Act of 1975 to exempt a depository institution from certain records and disclosure requirements related to the itemization of loan data: (1) with respect to closed-end mortgage loans, if the depository institution originated fewer than 500 such loans in each of the two preceding years; and (2) with respect to open-end lines of credit, if the depository institution originated fewer than 500 such lines of credit in each of the two preceding years.
(Sec. 3) The amount deposited in the Securities and Exchange Commission Reserve Fund for FY2018 may not exceed $48 million.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
2