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    <number>6562</number>
    <updateDate>2023-01-11T13:21:11Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:21:11Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2010-12-21</introducedDate>
    <congress>111</congress>
    <committees>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
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            <name>Referred to</name>
            <date>2010-12-21T15:04:00Z</date>
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      </item>
      <item>
        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2010-12-21T15:03:50Z</date>
          </item>
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    </committees>
    <actions>
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        <actionDate>2010-12-21</actionDate>
        <text>Referred to House Ways and Means</text>
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        <actionCode>H11100</actionCode>
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          <name>House floor actions</name>
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            <name>Ways and Means Committee</name>
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      <item>
        <actionDate>2010-12-21</actionDate>
        <text>Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
        <type>IntroReferral</type>
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        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
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      <item>
        <actionDate>2010-12-21</actionDate>
        <text>Referred to House Financial Services</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        <actionDate>2010-12-21</actionDate>
        <text>Introduced in House</text>
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      <item>
        <actionDate>2010-12-21</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>B000911</bioguideId>
        <fullName>Rep. Brown, Corrine [D-FL-3]</fullName>
        <firstName>CORRINE</firstName>
        <lastName>BROWN</lastName>
        <party>D</party>
        <state>FL</state>
        <district>3</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Housing and Community Development</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Consumer affairs</name>
        </item>
        <item>
          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Housing finance and home ownership</name>
        </item>
        <item>
          <name>Income tax credits</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Housing and Community Development</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2010-12-21</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-01-06T15:58:41Z</updateDate>
        <text><![CDATA[ <p>American Residential Housing Recovery Act of 2010 - Directs the Secretary of the Treasury to carry out a shared equity appreciation financing pilot program to analyze the effectiveness of shared equity financing methods that stimulate the flow of private equity capital into the housing sector, while mitigating risk to borrowers. </p> <p>Amends the Internal Revenue Code to allow a tax credit for private investment in shared equity appreciation contracts. </p> <p>Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to: (1) treat shared equity appreciation contracts as a consumer financial product; and (2) provide for regulatory oversight of shared equity appreciation contracts by the Bureau of Consumer Financial Protection.</p>]]></text>
      </summary>
    </summaries>
    <title>American Residential Housing Recovery Act of 2010</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>American Residential Housing Recovery Act of 2010</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To revitalize home ownership by establishing a shared equity appreciation homeownership pilot program.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>American Residential Housing Recovery Act of 2010</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2010-12-21T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-111hr6562ih/xml/BILLS-111hr6562ih.xml</url>
          </item>
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      </item>
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    <latestAction>
      <actionDate>2010-12-21</actionDate>
      <text>Referred to House Ways and Means</text>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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