RESPA Home Warranty Clarification Act of 2012

3.0.0 2446 2023-01-11T13:22:48Z 2023-01-11T13:22:48Z House H HR 2011-07-07 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BIGGERT:H.R. 2446.Congress has the power to enact this legislation pursuantto the following:The Congress enacts this bill pursuant to Clause 1 ofSection 8 of Article I of the United States Constitution andAmendment XVI of the United States Constitution.[Page H4749]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2012-08-02T20:37:21Z hsba00 Financial Services Committee House Standing hsba04 Housing and Insurance Subcommittee Reported by 2011-12-08T15:14:10Z Markup by 2011-12-08T15:13:31Z Referred to 2011-07-19T14:07:39Z Hearings by 2011-07-13T20:49:52Z Reported by 2012-07-31T18:52:15Z Markup by 2012-03-27T13:29:25Z Referred to 2011-07-07T14:02:40Z H. Rept. 112-633 2012-08-02 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 2012-08-01 20:16:43 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2012-08-01 20:16:40 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5612) Floor H37300 2 House floor actions 2012-08-01 20:16:40 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5612) Floor 8000 9 Library of Congress 2012-08-01 20:06:36 DEBATE - The House proceeded with forty minutes of debate on H.R. 2446. Floor H8D000 2 House floor actions 2012-08-01 20:06:35 Considered under suspension of the rules. (consideration: CR H5612-5613) Floor H30000 2 House floor actions 2012-08-01 20:05:56 Mrs. Biggert moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2012-07-31 Placed on the Union Calendar, Calendar No. 455. Calendars H12410 2 House floor actions U00455 2012-07-31 Reported (Amended) by the Committee on Financial Services. H. Rept. 112-633. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2012-07-31 Reported (Amended) by the Committee on Financial Services. H. Rept. 112-633. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2012-03-27 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by Voice Vote. Committee 2012-03-27 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2011-12-08 hsba04 Housing and Insurance Subcommittee 1 House committee actions Forwarded by Subcommittee to Full Committee by Voice Vote . Committee 2011-12-08 hsba04 Housing and Insurance Subcommittee 1 House committee actions Subcommittee Consideration and Mark-up Session Held. Committee 2011-07-19 hsba04 Housing and Insurance Subcommittee 1 House committee actions Referred to the Subcommittee on Insurance, Housing and Community Opportunity. Committee 2011-07-13 hsba04 Housing and Insurance Subcommittee 1 House committee actions Hearings Held by the Subcommittee on Insurance, Housing and Community Opportunity Prior to Referral. Committee 2011-07-07 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2011-07-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-07-07 Introduced in House IntroReferral 1000 9 Library of Congress B001232 Rep. Biggert, Judy [R-IL-13] JUDY BIGGERT R IL 13 N C001049 Rep. Clay, Wm. Lacy [D-MO-1] WM. CLAY D MO LACY 1 2011-07-07 True W000796 Rep. Westmoreland, Lynn A. [R-GA-3] Lynn Westmoreland R GA A. 3 2011-07-11 False M001138 Rep. Manzullo, Donald A. [R-IL-16] DONALD MANZULLO R IL 16 2011-09-15 False H001058 Rep. Huizenga, Bill [R-MI-2] Bill Huizenga R MI 2 2011-09-20 False K000210 Rep. King, Peter T. [R-NY-3] PETER KING R NY T. 3 2011-09-22 False M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2011-10-03 False L000111 Rep. Latham, Tom [R-IA-4] TOM LATHAM R IA 4 2011-10-03 False S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 2011-10-04 False P000599 Rep. Posey, Bill [R-FL-15] Bill Posey R FL 15 2011-10-04 False F000458 Rep. Fincher, Stephen Lee [R-TN-8] Stephen Fincher R TN Lee 8 2011-10-05 False S001187 Rep. Stivers, Steve [R-OH-15] Steve Stivers R OH 15 2011-10-05 False C001061 Rep. Cleaver, Emanuel [D-MO-5] Emanuel Cleaver D MO 5 2011-10-05 False H000636 Rep. Hinojosa, Ruben [D-TX-15] RUBEN HINOJOSA D TX 15 2011-10-13 False R000573 Rep. Ross, Mike [D-AR-4] MIKE ROSS D AR 4 2011-10-13 False C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 2011-10-13 False C001047 Rep. Capito, Shelley Moore [R-WV-2] Shelley Capito R WV Moore 2 2011-10-13 False S001185 Rep. Sewell, Terri A. [D-AL-7] Terri Sewell D AL A. 7 2011-10-13 False B001234 Rep. Baca, Joe [D-CA-43] JOE BACA D CA 43 2011-10-27 False R000582 Rep. Roe, David P. [R-TN-1] David Roe R TN P. 1 2011-10-27 False B001243 Rep. Blackburn, Marsha [R-TN-7] Marsha Blackburn R TN 7 2011-10-27 False J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2011-11-02 False C001087 Rep. Crawford, Eric A. "Rick" [R-AR-1] Eric Crawford R AR A. "Rick" 1 2011-11-02 False D000533 Rep. Duncan, John J., Jr. [R-TN-2] JOHN DUNCAN R TN J. 2 2011-11-02 False R000487 Rep. Royce, Edward R. [R-CA-40] ED ROYCE R CA 40 2011-11-02 False L000569 Rep. Luetkemeyer, Blaine [R-MO-9] Blaine Luetkemeyer R MO 9 2011-11-04 False H001054 Rep. Hayworth, Nan A. S. [R-NY-19] Nan Hayworth R NY A. S. 19 2011-11-04 False D000616 Rep. DesJarlais, Scott [R-TN-4] Scott DesJarlais R TN 4 2011-11-04 False D000613 Rep. Dold, Robert J. [R-IL-10] Robert Dold R IL J. 10 2011-11-17 False C000754 Rep. Cooper, Jim [D-TN-5] JAMES COOPER D TN H. 5 2011-11-17 False F000459 Rep. Fleischmann, Charles J. "Chuck" [R-TN-3] Charles Fleischmann R TN J. "Chuck" 3 2011-11-17 False G000569 Rep. Grimm, Michael G. [R-NY-13] Michael Grimm R NY G. 13 2011-12-06 False M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 2011-12-07 False S000344 Rep. Sherman, Brad [D-CA-27] BRAD SHERMAN D CA 27 2011-12-19 False M001137 Rep. Meeks, Gregory W. [D-NY-6] GREGORY MEEKS D NY W. 6 2012-02-27 False M001147 Rep. McCotter, Thaddeus G. [R-MI-11] Thaddeus McCotter R MI G. 11 2012-02-27 False L000287 Rep. Lewis, John [D-GA-5] JOHN LEWIS D GA 5 2012-03-19 False M001139 Rep. Miller, Gary G. [R-CA-42] GARY MILLER R CA 42 2012-03-27 False G000567 Rep. Griffin, Tim [R-AR-2] Tim Griffin R AR 2 2012-04-19 False H001048 Rep. Hunter, Duncan D. [R-CA-52] Duncan Hunter R CA D. 52 2012-04-19 False G000558 Rep. Guthrie, Brett [R-KY-2] Brett Guthrie R KY 2 2012-04-19 False Housing and Community Development Consumer affairs Contracts and agency Housing finance and home ownership Real estate business Residential rehabilitation and home repair Housing and Community Development

00 2011-07-07 Introduced in House 2011-10-19T15:19:22Z RESPA Home Warranty Clarification Act of 2011 - Amends the Real Estate Settlement Procedures Act of 1974 (RESPA) to state that no prohibited kickback or unearned fee incident to a real estate settlement service involving a federally related mortgage loan shall be deemed to include, or be deemed to have included, homeowner warranties or similar residential service contracts for the repair or replacement of home system components or home appliances.

Requires any person that pays another person not employed by the person for selling, advertising, marketing, or processing, or performing an inspection in connection with, a homeowner warranty or similar residential service contract for the repair or replacement of home system components or home appliances, to include a specified statement reflecting this Act in any such warranty or contract incident to a transaction involving the origination of a federally related mortgage loan.

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17 2012-07-31 Reported to House with amendment(s) 2012-08-30T21:33:23Z RESPA Home Warranty Clarification Act of 2012 - Amends the Real Estate Settlement Procedures Act of 1974 (RESPA) to state that no prohibited kickback or unearned fee incident to a real estate settlement service involving a federally related mortgage loan shall be deemed to include, or be deemed to have included, homeowner warranties or similar residential service contracts for the repair or replacement of home system components or home appliances.

Requires any person who has contracted to receive payment from a provider of such services for recommending the purchase of a home warranty or similar residential service contract, and is not an employee of such provider, to give the potential purchaser, upon first recommending such a purchase, a written notice informing the individual that such person has received or will receive compensation from the warranty company for the residential service. Allows the individual to opt out of purchasing such a warranty or service contract, or to purchase it from another provider.

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36 2012-08-01 Passed House amended 2012-08-30T21:33:32Z (This measure has not been amended since it was reported to the House on July 31, 2012. The summary of that version is repeated here.)

RESPA Home Warranty Clarification Act of 2012 - Amends the Real Estate Settlement Procedures Act of 1974 (RESPA) to state that no prohibited kickback or unearned fee incident to a real estate settlement service involving a federally related mortgage loan shall be deemed to include, or be deemed to have included, homeowner warranties or similar residential service contracts for the repair or replacement of home system components or home appliances.

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RESPA Home Warranty Clarification Act of 2012 Display Title RESPA Home Warranty Clarification Act of 2012 Official Title as Introduced To clarify the treatment of homeowner warranties under current law, and for other purposes. Introduced in House IH Short Titles as Introduced RESPA Home Warranty Clarification Act of 2011 Short Titles as Reported to House RESPA Home Warranty Clarification Act of 2012 H House Short Titles as Passed House RESPA Home Warranty Clarification Act of 2012 H House Referred in Senate 2012-08-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2446rfs/xml/BILLS-112hr2446rfs.xml Engrossed in House 2012-08-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2446eh/xml/BILLS-112hr2446eh.xml Reported in House 2012-07-31T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2446rh/xml/BILLS-112hr2446rh.xml Introduced in House 2011-07-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2446ih/xml/BILLS-112hr2446ih.xml 2012-08-02 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.