3.0.0 787 2022-11-01T17:47:13Z 2022-11-01T17:47:13Z Senate S 2019-03-13 116 ssfi00 Finance Committee Senate Standing Referred to 2019-03-13T20:50:32Z To make housing more affordable, and for other purposes. 116 1737 HR 2019-04-12 Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. Identical bill CRS 2019-03-13 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2019-03-13 Introduced in Senate IntroReferral 10000 9 Library of Congress W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. N G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2019-03-13 True M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. 2019-03-13 True H001042 Sen. Hirono, Mazie K. [D-HI] Mazie Hirono D HI K. 2019-10-17 False Housing and Community Development Agricultural prices, subsidies, credit Appropriations Banking and financial institutions regulation Building construction Consumer credit Educational facilities and institutions Elementary and secondary education Energy efficiency and conservation Financial crises and stabilization Government information and archives Government lending and loan guarantees Higher education Housing and community development funding Housing discrimination Housing finance and home ownership Housing supply and affordability Indian social and development programs Labor standards Land use and conservation Landlord and tenant Low- and moderate-income housing Property tax Public contracts and procurement Public housing Regional and metropolitan planning Residential rehabilitation and home repair Rural conditions and development Sex, gender, sexual orientation discrimination Small business Transfer and inheritance taxes Veterans' loans, housing, homeless programs Wages and earnings Housing and Community Development 00 2019-03-13 Introduced in Senate 2021-01-21T20:47:42Z American Housing and Economic Mobility Act of 2019

This bill addresses housing affordability and availability, makes certain changes to the estate and gift taxes, and contains other related provisions.

The Department of Housing and Urban Development shall provide grants to (1) state and local governments that remove unnecessary barriers to building affordable units, (2) states to assist borrowers who have negative equity in their homes, (3) state housing finance agencies to construct affordable rental housing and prevent tenant displacement and harassment, and (4) eligible individuals (generally, lower income individuals who resided in low-income or historically racially segregated areas) to help them purchase their first homes.

The bill provides funding through FY2029 for the first-time homeowner grant program established by the bill, through FY2020 for the affordable rental housing construction program established by the bill, and through FY2020 for specified existing rural housing programs.

The bill also expands fair housing protections to prohibit discrimination based on sexual orientation, gender identity, marital status, source of income, veteran status, or an individual's perceived membership in a protected class (e.g., an individual's perceived race or sex).

Additionally, the bill modifies the estate tax in various ways, including by reducing the number of brackets to three, increasing the tax rates, and reducing the basic exemption amount. The bill also modifies provisions related to gift taxes and transfer taxes.

]]> A bill to make housing more affordable, and for other purposes. Display Title A bill to make housing more affordable, and for other purposes. Short Title(s) as Introduced for portions of this bill Community Reinvestment Reform Act of 2019 Introduced in Senate IS Official Title as Introduced A bill to make housing more affordable, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-03-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s787is/xml/BILLS-116s787is.xml 2019-03-13 Read twice and referred to the Committee on Finance. 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.