H.R.836 - Emergency Mortgage Relief Program Termination Act112th Congress (2011-2012)
|Sponsor:||Rep. Hensarling, Jeb [R-TX-5] (Introduced 02/28/2011)|
|Committees:||House - Financial Services | Senate - Banking, Housing, and Urban Affairs|
|Committee Reports:||H. Rept. 112-26|
|Latest Action:||03/14/2011 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
|Major Recorded Votes:||03/11/2011 : Passed House|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.836 — 112th Congress (2011-2012)All Bill Information (Except Text)
Passed House amended (03/11/2011)
Emergency Mortgage Relief Program Termination Act - Rescinds and permanently cancels all unobligated funding remaining available under the Dodd-Frank Wall Street Reform and Consumer Protection Act for the Emergency Mortgage Relief Program. Terminates the program.
Requires all such unobligated balances so rescinded and permanently canceled to be retained in the general fund of the Treasury for reducing the debt of the federal government.
Directs the Secretary of Housing and Urban Development (HUD) to study: (1) the extent to which the Emergency Mortgage Relief Program is used by homeowners who are active duty members of the Armed Forces (or their spouses or parents), veterans, or Gold Star-eligible widows, parents, or next of kin of Armed Forces members who died in military operations or members or veterans with service-connected injuries (and their survivors and dependents); and (2) the impact of the program on such homeowners.