[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3567 Introduced in House (IH)]

<DOC>






114th CONGRESS
  1st Session
                                H. R. 3567

   To repeal the Home Mortgage Disclosure Act of 1975, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 18, 2015

 Mr. Brat (for himself and Mr. Chabot) introduced the following bill; 
       which was referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
   To repeal the Home Mortgage Disclosure Act of 1975, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``HMDA Repeal Act of 2015''.

SEC. 2. REPEAL OF THE HOME MORTGAGE DISCLOSURE ACT OF 1975.

    (a) Repeal.--The Home Mortgage Disclosure Act of 1975 (12 U.S.C. 
2801 et seq.) is repealed.
    (b) Conforming Amendments.--
            (1) Federal home loan bank act.--Section 10(k)(1) of the 
        Federal Home Loan Bank Act (12 U.S.C. 1430(k)(1)) is amended by 
        striking subparagraph (B) and redesignating subparagraph (C) as 
        subparagraph (B).
            (2) Housing and community development act of 1992.--The 
        Housing and Community Development Act of 1992 (12 U.S.C. 4501 
        et seq.) is amended--
                    (A) in section 1323(a), by striking paragraph (2) 
                (relating to ``Census tract level reporting'');
                    (B) in section 1326, by amending subsection (d) to 
                read as follows:
    ``(d) Mortgage Information.--Subject to privacy considerations, the 
Director shall, by regulation or order, provide that certain 
information relating to single family mortgage data of the enterprises 
shall be disclosed to the public, in order to make available to the 
public information collected by the Director under section 
1324(b)(6).''; and
                    (C) in section 1332(e)--
                            (i) in paragraph (2)(A)--
                                    (I) by striking ``and for which 
                                information under the Home Mortgage 
                                Disclosure Act of 1975 is publicly 
                                available'';
                                    (II) in clause (i), by striking ``, 
                                or'' and inserting ``; or'';
                                    (III) in clause (ii), by striking 
                                the comma at the end and inserting a 
                                period; and
                                    (IV) by striking the matter after 
                                and below clause (ii); and
                            (ii) by striking paragraphs (4) and (5).
            (3) Dodd-frank wall street reform and consumer protection 
        act.--The Dodd-Frank Wall Street Reform and Consumer Protection 
        Act (12 U.S.C. 5301 et seq.) is amended--
                    (A) in section 1002(12)--
                            (i) by striking subparagraph (K); and
                            (ii) by redesignating subparagraphs (L) 
                        through (R) as subparagraphs (K) through (Q), 
                        respectively; and
                    (B) in section 1013(c)(2)(A), by striking ``and the 
                Home Mortgage Disclosure Act''.
                                 <all>