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    <number>1151</number>
    <updateDate>2023-01-11T13:20:19Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:20:19Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2011-03-17</introducedDate>
    <congress>112</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. FRANK of Massachusetts:H.R. 1151.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 (the Commerce Clause).[Page H1986]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2011-03-17T13:02:50Z</date>
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        <actionDate>2011-03-17</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionDate>2011-03-17</actionDate>
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          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>F000339</bioguideId>
        <fullName>Rep. Frank, Barney [D-MA-4]</fullName>
        <firstName>BARNEY</firstName>
        <lastName>FRANK</lastName>
        <party>D</party>
        <state>MA</state>
        <district>4</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>C000984</bioguideId>
        <fullName>Rep. Cummings, Elijah E. [D-MD-7]</fullName>
        <firstName>ELIJAH</firstName>
        <lastName>CUMMINGS</lastName>
        <party>D</party>
        <state>MD</state>
        <middleName>E.</middleName>
        <district>7</district>
        <sponsorshipDate>2011-04-12</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Housing and Community Development</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Accounting and auditing</name>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Housing and community development funding</name>
        </item>
        <item>
          <name>Housing finance and home ownership</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Housing and Community Development</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-03-17</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-03-21T21:39:54Z</updateDate>
        <text><![CDATA[ <p>Emergency Mortgage Relief and Neighborhood Stabilization Programs Cost Recoupment Act of 2011 - Amends the Dodd-Frank Street Reform and Consumer Protection Act to direct the Secretary of the Treasury, in order to offset the costs of assistance under the Emergency Mortgage Relief and Neighborhood Stabilization Programs, to make risk-based assessments in the total amount of $2.5 billion on financial companies: (1) that manage hedge funds with $10 billion or more in assets under management on a consolidated basis; or (2) with $50 billion or more in total consolidated assets.</p>]]></text>
      </summary>
    </summaries>
    <title>Emergency Mortgage Relief and Neighborhood Stabilization Programs Cost Recoupment Act of 2011</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Emergency Mortgage Relief and Neighborhood Stabilization Programs Cost Recoupment Act of 2011</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require the Secretary of the Treasury to make risk-based assessments on financial companies to recoup the amount of assistance made available for unemployed homeowners under the Emergency Mortgage Relief Program and for States and communities under the Neighborhood Stabilization Program.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Emergency Mortgage Relief and Neighborhood Stabilization Programs Cost Recoupment Act of 2011</title>
      </item>
    </titles>
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        <type>Introduced in House</type>
        <date>2011-03-17T04:00:00Z</date>
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    <latestAction>
      <actionDate>2011-03-17</actionDate>
      <text>Referred to the House Committee on Financial Services.</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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