3.0.0 2890 2023-01-11T13:37:51Z 2023-01-11T13:37:51Z House HR 2017-06-13 115 [Congressional Record Volume 163, Number 100 (Tuesday, June 13, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HULTGREN:H.R. 2890.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18: To make all Laws whichshall be necessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by thisConstitution in the Government of the United States, or inany Department or Officer thereof.Article 1, Section 8, Clause 3: To regulate commerce withforeign nations, and among the several states, and with theIndian tribes[Page H4913]]]> hsba00 Financial Services Committee House Standing Referred to 2017-06-13T14:00:46Z Housing Opportunity Mortgage Expansion Act 115 2361 S 2018-01-30 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2017-06-13 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-06-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-06-13 Introduced in House IntroReferral 1000 9 Library of Congress H001059 Rep. Hultgren, Randy [R-IL-14] Randy Hultgren R IL 14 N M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2017-06-13 True M001189 Rep. Messer, Luke [R-IN-6] Luke Messer R IN 6 2017-06-22 False R000580 Rep. Roskam, Peter J. [R-IL-6] Peter Roskam R IL J. 6 2017-07-25 False K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2017-07-25 False F000454 Rep. Foster, Bill [D-IL-11] Bill Foster D IL 11 2017-07-25 False S000244 Rep. Sensenbrenner, F. James, Jr. [R-WI-5] F. SENSENBRENNER R WI JAMES 5 2017-07-27 False B001295 Rep. Bost, Mike [R-IL-12] Mike Bost R IL 12 2017-07-27 False K000385 Rep. Kelly, Robin L. [D-IL-2] Robin Kelly D IL L. 2 2017-07-27 False D000619 Rep. Davis, Rodney [R-IL-13] Rodney Davis R IL 13 2017-07-28 False P000607 Rep. Pocan, Mark [D-WI-2] Mark Pocan D WI 2 2017-07-28 False G000579 Rep. Gallagher, Mike [R-WI-8] Mike Gallagher R WI 8 2017-07-28 False S001190 Rep. Schneider, Bradley Scott [D-IL-10] Bradley Schneider D IL Scott 10 2017-07-28 False P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2017-07-28 False D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2017-07-28 False L000585 Rep. LaHood, Darin [R-IL-18] Darin LaHood R IL 18 2017-07-28 False G000576 Rep. Grothman, Glenn [R-WI-6] Glenn Grothman R WI 6 2017-09-07 False G000535 Rep. Gutierrez, Luis V. [D-IL-4] LUIS GUTIERREZ D IL V. 4 2017-09-07 False T000470 Rep. Tipton, Scott R. [R-CO-3] Scott Tipton R CO R. 3 2017-09-07 False Q000023 Rep. Quigley, Mike [D-IL-5] Mike Quigley D IL 5 2017-09-12 False R000515 Rep. Rush, Bobby L. [D-IL-1] BOBBY RUSH D IL L. 1 2017-09-12 False S000364 Rep. Shimkus, John [R-IL-15] JOHN SHIMKUS R IL M. 15 2017-09-14 False B001286 Rep. Bustos, Cheri [D-IL-17] Cheri Bustos D IL 17 2017-09-25 False K000391 Rep. Krishnamoorthi, Raja [D-IL-8] Raja Krishnamoorthi D IL 8 2017-09-25 False K000378 Rep. Kinzinger, Adam [R-IL-16] Adam Kinzinger R IL 16 2017-10-04 False L000563 Rep. Lipinski, Daniel [D-IL-3] Daniel Lipinski D IL William 3 2017-10-04 False S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2018-01-18 False Finance and Financial Sector Banking and financial institutions regulation Housing finance and home ownership Insurance industry and regulation Finance and Financial Sector 00 2017-06-13 Introduced in House 2018-01-09T21:33:25Z Housing Opportunity Mortgage Expansion Act

This bill amends the Federal Home Loan Bank Act to continue Federal Home Loan Bank (FHLB) membership for captive insurance companies that became members prior to publication of the proposed (now final) Federal Housing Finance Agency rule ending their FHLB membership. (A captive insurance company underwrites insurance for its parent company and does not provide insurance to the public.) The parent company must support residential mortgage activities.

]]> Housing Opportunity Mortgage Expansion Act Display Title Housing Opportunity Mortgage Expansion Act Official Title as Introduced To amend the Federal Home Loan Bank Act to permit captive insurance companies that were members of a Federal Home Loan Bank prior to September 12, 2014, to continue to be eligible to be members of such a Bank, and for other purposes. Introduced in House IH Short Titles as Introduced Housing Opportunity Mortgage Expansion Act Introduced in House 2017-06-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr2890ih/xml/BILLS-115hr2890ih.xml 2017-06-13 Referred to the House Committee on Financial Services. 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.