[Congressional Record Volume 172, Number 41 (Wednesday, March 4, 2026)]
[Senate]
[Page S847]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 4330. Mr. MERKLEY submitted an amendment intended to be proposed 
by him to the bill H.R. 6644, a bill to increase the supply of housing 
in America, and for other purposes; which was ordered to lie on the 
table; as follows:

       At the appropriate place, insert the following:

     SEC. __. HOME EQUITY CONTRACTS.

       Section 137 of the Truth in Lending Act (15 U.S.C. 1647) is 
     amended by adding at the end the following:
       ``(f) Application to Home Equity Contracts.--The 
     requirements under this section shall apply with respect to 
     home equity contracts, which are contracts that--
       ``(1) require an upfront payment to the homeowner; and
       ``(2) include a requirement to pay back the payment in the 
     future (either after a certain number of years or when the 
     home is sold) that is based, in part on the value of the 
     home.''.
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