HRES 393
97th Congress
House
Housing and Community Development
Federal preemption
Federal-state relations
Housing and Housing Finance
Mortgages
State laws
States
A resolution to express the sense of the House of Representatives that the Federal Government shall take no action to preempt any state law limiting due-on-sale clauses, or any other similar provision.
Introduced: March 16, 1982
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 1, 1982
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Mar 16, 1982
Referred to House Committee on Banking, Finance and Urban Affairs.
Mar 16, 1982
Introduced in House
Plain-English summary
Expresses the sense of the House of Representatives that: (1) the President should reject the preliminary recommendation of the Commission on Housing for a Federal preemption of State law permitting mortgage assumptions; and (2) neither the President nor Federal agency or department shall take any action to limit the rights of States or the courts to prohibit or impose limits on the use of due-on-sale clauses.
What's happening now
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Committees of jurisdiction
2