H.R. 5953 115th Congress House

BUILD Act

Official title: To provide regulatory relief to charitable organizations that provide housing assistance, and for other purposes.

Introduced: May 24, 2018 Introduced by: Barry Loudermilk Republican · Georgia See on congress.gov

Finance and Financial Sector Administrative law and regulatory proceduresConsumer Financial Protection BureauConsumer creditHousing finance and home ownershipSocial work, volunteer service, charitable organizations

Everywhere this bill has been 13 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 11, 2018

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

Jul 10, 2018

Mr. Huizenga moved to suspend the rules and pass the bill.

Jul 10, 2018

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

Jul 10, 2018

On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6005)

Jul 10, 2018

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H6005)

Jul 10, 2018

DEBATE - The House proceeded with forty minutes of debate on H.R. 5953.

Jul 10, 2018

Considered under suspension of the rules. (consideration: CR H6005-6007)

Jul 10, 2018

Placed on the Union Calendar, Calendar No. 625.

Jul 10, 2018

Reported by the Committee on Financial Services. H. Rept. 115-806.

Jun 14, 2018

Ordered to be Reported by the Yeas and Nays: 53 - 0.

Jun 14, 2018

Committee Consideration and Mark-up Session Held.

May 24, 2018

Referred to the House Committee on Financial Services.

May 24, 2018

Introduced in House

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Latest action July 11, 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

Building Up Independent Lives and Dreams Act or the BUILD Act

(Sec. 2) This bill amends the Truth in Lending Act and the Real Estate Settlement Procedures Act of 1974 to allow nonprofit organizations offering mortgage loans for charitable purposes to use certain alternative forms to satisfy disclosure requirements.

Related & companion bills 2