S.1597 - Homestead Preservation Act108th Congress (2003-2004)
|Sponsor:||Sen. Allen, George [R-VA] (Introduced 09/09/2003)|
|Committees:||Senate - Health, Education, Labor, and Pensions|
|Latest Action:||Senate - 09/09/2003 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S11250) (All Actions)|
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Summary: S.1597 — 108th Congress (2003-2004)All Information (Except Text)
Introduced in Senate (09/09/2003)
Homestead Preservation Act - Directs the Secretary of Labor to establish a program of low-interest loan (residential) mortgage assistance to eligible persons who are separated from their employment.
Limits assistance to 12 months, and requires repayment within five years.