3.0.0 2529 2023-01-11T13:18:31Z 2023-01-11T13:18:31Z House H HR 2009-05-20 111 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2009-07-30T16:27:29Z hsba00 Financial Services Committee House Standing Referred to 2009-05-20T14:01:47Z 2009-07-30 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2009-07-29 11:07:06 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2009-07-29 11:07:05 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8971-8973) Floor H37300 2 House floor actions 2009-07-29 11:07:05 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H8971-8973) Floor 8000 9 Library of Congress 2009-07-29 10:58:29 DEBATE - The House proceeded with forty minutes of debate on H.R. 2529. Floor H8D000 2 House floor actions 2009-07-29 10:58:28 Considered under suspension of the rules. (consideration: CR H8971-8973) Floor H30000 2 House floor actions 2009-07-29 10:58:27 Mr. Moore (KS) moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2009-05-20 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2009-05-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-05-20 Introduced in House IntroReferral 1000 9 Library of Congress M001139 Rep. Miller, Gary G. [R-CA-42] GARY MILLER R CA 42 N D000607 Rep. Donnelly, Joe [D-IN-2] Joe Donnelly D IN 2 2009-05-20 True B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2009-07-16 False F000339 Rep. Frank, Barney [D-MA-4] BARNEY FRANK D MA 4 2009-07-17 False J000126 Rep. Johnson, Eddie Bernice [D-TX-30] EDDIE JOHNSON D TX BERNICE 30 2009-07-24 False H000636 Rep. Hinojosa, Ruben [D-TX-15] RUBEN HINOJOSA D TX 15 2009-07-27 False G000553 Rep. Green, Al [D-TX-9] Al Green D TX 9 2009-07-28 False Finance and Financial Sector Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Department of the Treasury Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Housing finance and home ownership National Credit Union Administration Finance and Financial Sector 00 2009-05-20 Introduced in House 2009-06-25T18:23:08Z Neighborhood Preservation Act - Amends the Federal Deposit Insurance Act to authorize any depository institution (or affiliate) to lease, including lease with an option to purchase, to any person for up to five years an interest in residential property which: (1) was or is security for an extension of credit by such depository institution (or affiliate); and (2) came under the institution's or affiliate's ownership or control through foreclosure on the extension of credit or the bankruptcy or liquidation of the property owner to whom the credit was extended.

Directs the federal banking agencies to prescribe specified safety and soundness regulations, including minimum capital requirements, for any such institution or affiliate.

Permits the extension of such a lease beyond five years if any federal or state law, including the Bank Holding Company Act of 1956, so permits.

]]> 36 2009-07-29 Passed House amended 2009-09-03T14:33:01Z Neighborhood Preservation Act - Amends the Federal Deposit Insurance Act to authorize any depository institution (or affiliate) to lease, including lease with an option to purchase, to any individual for up to five years an interest in residential property which: (1) was or is security for an extension of credit by such depository institution (or affiliate); and (2) came under the institution's or affiliate's ownership or control through foreclosure (or a deed in lieu of foreclosure) on the extension of credit.

Directs the federal banking agencies to jointly prescribe specified safety and soundness regulations, including minimum capital requirements for such institutions or affiliates.

Permits extension of such a lease beyond five years if any federal or state law, including the Bank Holding Company Act of 1956, so permits.

States this Act applies only to leases entered into during the two-year period beginning on the date of the enactment of this Act.

States the intent of the Congress that: (1) no permanent change in policy on leasing foreclosed property is being established with respect to depository institutions and depository institution holding companies; and (2) bank leasing of foreclosed property authorized under this Act should not apply to leases entered into after such two-year period.

]]> Neighborhood Preservation Act Display Title Neighborhood Preservation Act Official Title as Introduced To amend the Federal Deposit Insurance Act to authorize depository institutions and depository institution holding companies to lease foreclosed property held by such institutions and companies for up to 5 years, and for other purposes. Introduced in House IH Short Titles as Introduced Neighborhood Preservation Act Short Titles as Passed House Neighborhood Preservation Act H House Referred in Senate 2009-07-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr2529rfs/xml/BILLS-111hr2529rfs.xml Engrossed in House 2009-07-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr2529eh/xml/BILLS-111hr2529eh.xml Introduced in House 2009-05-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr2529ih/xml/BILLS-111hr2529ih.xml 2009-07-30 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.