REAL ESTATE

Bills and resolutions

China: prohibit foreign nationals associated with China from purchase of agricultural real estate in U.S. and from participating in any Dept. of Agriculture programs except food safety inspections (see H.R. 7892), H5219 [27MY]

Committee on Foreign Investment in the U.S.: increase oversight of foreign direct investment in U.S. agricultural land (see S. 4821), S4541 [12SE]

Consumers: include retailers of manufactured or modular homes in definition of mortgage originator (see H.R. 8328), H5974 [12JY]

Credit: exclude certain evictions and information relative to such evictions from consumer reports (see H.R. 6862), H1175 [28FE]

——— prohibit creation and sale of trigger leads (see H.R. 7661), H4713 [3MY]

——— require creditors to consider certain additional credit information when making mortgage loans (see H.R. 8485), H7072 [22JY]

Crime: increase transparency in civil asset forfeiture process, protect innocent property owners, and implement additional protections to ensure property owners have opportunity to contest seizures (see S. 5133), S6779 [17NO]

Dept. of Defense: conduct study on barriers to home ownership by servicemembers (see S. 4561), S3541 [20JY] (see H.R. 7563), H4453 [21AP]

——— develop feedback tool for use by Armed Forces and their spouses to identify, rate, and compare housing (see H.R. 7144), H3827 [17MR]

Dept. of Education: award grants to provide down-payment assistance to full-time public school educators and school staff who are first-time home buyers (see H.R. 8340), H5974 [12JY]

Dept. of HUD: collect and make publicly available data on properties receiving allocation of credit under low-income housing tax credit (see S. 4737), S3861 [2AU]

——— create database of eviction information, establish grant programs for eviction prevention and legal aid, and limit use of housing court-related records in consumer reports (see H.R. 6696), H1113 [9FE]

——— develop program to provide assistance to creditworthy borrowers with Federal student debt in purchasing certain foreclosed homes (see H.R. 7368), H4126 [1AP]

——— ensure parity in collection of housing data relative to key demographics not currently captured in Federal data sets to enhance accountability and transparency in evaluation of housing and housing programs (see H.R. 8269), H5929 [1JY]

——— establish competitive grant program to support construction, preservation, or rehabilitation of affordable workforce housing in areas with shortages of affordable housing units for sale (see S. 4789), S4440 [6SE]

——— establish grant program to address deed fraud (see H.R. 9192), H8402 [18OC]

——— establish Housing Stabilization Fund to provide emergency housing assistance to extremely low-income renters and homeowners (see H.R. 6453), H288 [20JA]

——— establish new units of public housing and private market affordable housing and provide grants to combat gentrification and neighborhood destabilization (see H.R. 7191), H3858 [21MR]

——— make grants to nonprofit community organizations for development of open space on municipally owned vacant lots in urban areas (see H.R. 6496), H301 [25JA]

——— protect consumers from price-gouging of residential rental and sale prices (see H.R. 8360), H6334 [13JY]

——— provide parity relative to access to mortgage insurance for hospitals program for licensed hospitals (see H.R. 8179), H5822 [22JN]

——— require property assessed clean energy financiers to receive consent of mortgage holders and other lien holders before providing financing (see H.R. 7049), H1423 [9MR]

——— support development of limited equity cooperatives (see H.R. 7697), H4796 [10MY]

Dept. of HUD and EPA: require disclosure of asbestos hazards in sale and lease of residential dwellings (see H.R. 7175), H3853 [18MR]

Dept. of Veterans Affairs: carry out pilot program on using alternative credit scoring information for housing loans for veterans and Armed Forces members (see H.R. 8758), H7731 [30AU]

——— improve and make permanent loan guarantee for purchase of residential cooperative housing units (see H.R. 8668), H7552 [5AU]

——— improve program for direct housing loans made to Native American veterans (see S. 4505), S3239 [12JY]

——— update appraisal requirements for certain guaranteed home loans (see S. 4208), S2493 [12MY] (see H.R. 7735), H4919 [12MY]

Depts. of Defense and HUD: take certain actions relative to housing shortage for servicemembers (see S. 4563), S3542 [20JY] (see H.R. 7564), H4453 [21AP]

FERC: bolster fairness and transparency in consideration of interstate natural gas pipeline permits and provide for greater public input in pipeline permitting process (see S. 4864), S4638 [15SE] (see H.R. 8847), H7880 [15SE]

Financial institutions: modify regulation and examination of credit unions and service providers and allow Federal Housing Finance Agency to regulate Government-sponsored enterprises and Federal Home Loan Banks services (see H.R. 7022), H1422 [9MR]

Foreign policy: prevent money laundering, financing of terrorism, or other forms of illicit finance through U.S. real estate and vehicle transactions, including by Russian oligarch (see S. 4075), S2092 [7AP]

Government regulations: prohibit purchase of public or private real estate located in U.S. by foreign adversaries and state sponsors of terrorism (see H.R. 8652), H7545 [2AU]

——— prohibit purchase of public or private real estate located in U.S. by foreign persons (see H.R. 6383), H78 [12JA]

House of Representatives: prohibit consideration of certain bills or joint resolutions relative to Dept. of Veterans Affairs mortgage loan fees (see H. Res. 1408), H8316 [29SE]

Housing: establish resident organizations and provide additional amounts for tenant organizations (see H.R. 9587), H9902 [15DE]

——— require all newly constructed, federally assisted single-family houses and town houses meet minimum standards of visitability for disabled (see S. 4447), S3075 [22JN]

Power resources: provide for accurate energy appraisals in connection with residential mortgage loans (see S. 4671), S3782 [28JY] (see H.R. 8577), H7404 [28JY]

Presidents of the U.S.: take actions necessary to prohibit purchase of public or private real estate located in U.S. by foreign governments (see S. 4703), S3860 [2AU] (see H.R. 8603), H7537 [29JY]

Russia: authorize confiscation of assets and use of such assets to offset costs to U.S. of assistance to Ukraine (see S. 4283), S2620 [19MY]

Surface Transportation Board: require any high-speed rail project to acquire all land for project before starting construction (see H.R. 6365), H8 [10JA]

Taxation: allow business credit for gain from sale of real property for use as manufactured home community to promote resident-owned cooperatives (see S. 4475), S3159 [23JN] (see H.R. 7220), H3863 [24MR]

——— allow for tax credit for rent paid on personal residence of taxpayer (see S. 4728), S3861 [2AU] (see H.R. 8357), H6334 [13JY]

——— establish qualified down payment savings program (see S. 4722), S3861 [2AU]

——— expand housing investment with mortgage revenue bonds (see S. 4445), S3075 [22JN] (see H.R. 8184), H5822 [22JN]

——— impose excise tax on acquisition of single-family homes by certain large investors (see H.R. 8582), H7404 [28JY]

——— impose excise tax on individuals and entities owning more than 100 single-family residences (see S. 5151), S6905 [30NO]

——— impose minimum tax on certain wealthy tax payers that takes into account unrealized gains (see H.R. 8558), H7403 [28JY]

——— impose tax on foreign-owned under-utilized residential real property (see H.R. 9438), H8800 [6DE] (see H.R. 9585), H9902 [15DE]

——— increase exclusion from gain of sale of principal residence (see H.R. 9015), H8221 [28SE]

——— increase mortgage insurance premium deduction income cap (see S. 3590), S546 [7FE]

——— modify depreciation of nonresidential real property and residential rental property (see S. 4012), S2040 [6AP] (see H.R. 7229), H3863 [24MR]

——— modify limitation on deduction for State and local taxes (see H.R. 6847), H1146 [25FE]

——— modify rules relative to like kind exchanges (see S. 3669), S753 [16FE]

——— prohibit deduction of certain expenses for, and impose excise tax on sale of, homes owned by large investors, prohibit Federal mortgage assistance for such investors, and establish neighborhood homes tax credit (see H.R. 9246), H8418 [28OC]

University of Alaska: provide for continuation of higher education through conveyance of certain public land (see H.R. 9496), H9688 [12DE]

Notices

Estimated budget effects of H.R. 7735, Improving Access to the VA Home Loan Benefit Act, H7781 [13SE]

Proclamations

Tribute to Langston O. Longley, Sr.: Representative Frederica S. Wilson, E1261 [13DE]

Remarks in House

Canada: proposal to tax residential real estate owned by non-Canadians, H923 [3FE]

Concord, NC: CK Select Real Estate (business) recipient of Cabarrus County, NC, Regional Chamber of Commerce Small Business of the Year Award, E214 [3MR]

Cooper, Pat: Brunswick-Golden Isles, GA, Chamber of Commerce Milton H. ‘‘Woody’’ Woodside Community Champion of the Year award recipient, H5871 [23JN]

Democratic Party: national agenda, H3848 [18MR]

Dept. of Defense: conduct study on barriers to home ownership by servicemembers, H6264 [13JY]

——— develop feedback tool for use by Armed Forces and their spouses to identify, rate, and compare housing, H6888 [20JY]

Dept. of HUD: develop program to provide assistance to creditworthy borrowers with Federal student debt in purchasing certain foreclosed homes (H.R. 7368), H4119 [1AP]

Dept. of Veterans Affairs: update appraisal requirements for certain guaranteed home loans (H.R. 7735), H7768, H7769 [13SE], H7814 [14SE]

Economy: address lumber supply chain issues and impact on access to affordable housing, H6887 [20JY]

Families and domestic relations: economic priorities funding, H3750 [16MR]

FHA: establish mortgage insurance and home loan assistance program for first responders (H.R. 3172), H8106 [22SE]

SEC: eliminate independent leasing authority (H.R. 1468), H7755, H7756 [13SE], H7814 [14SE]

Sheppard, Ross: inclusion in Georgia Trend (publication) 40 Under 40 list, H8855 [8DE]

Taxation: allow for tax credit for rent paid on personal residence of taxpayer (H.R. 8357), E727 [13JY]

——— modify depreciation of nonresidential real property and residential rental property (H.R. 7229), H8491 [14NO]

Remarks in Senate

Dept. of HUD: make housing more affordable, S3670 [26JY]

Dept. of Veterans Affairs: update appraisal requirements for certain guaranteed home loans (H.R. 7735), S7302 [19DE]

FERC: bolster fairness and transparency in consideration of interstate natural gas pipeline permits and provide for greater public input in pipeline permitting process (S. 4864), S4641 [15SE]

GSA: modify treatment of certain bargain-price options to purchase Federal property at less than fair market value (H.R. 2220), S6912 [30NO]

Housing: address affordable housing crisis, S603 [9FE]

Taxation: repeal limitation on deduction for State and local taxes and extend loss limitation policy, S4200, S4201 [6AU]

Reports filed

Federal Land Asset Inventory Reform Act: Committee on Energy and Natural Resources (Senate) (S. 2433) (S. Rept. 117–91), S950 [2MR]

——— Committee on Natural Resources (House) (H.R. 5522) (H. Rept. 117–678), H10546 [30DE]

SEC Real Estate Leasing Authority Revocation Act: Committee on Transportation and Infrastructure (House) (H.R. 1468) (H. Rept. 117–462), H7782 [13SE]

Tribal Trust Land Homeownership Act: Committee on Indian Affairs (Senate) (S. 3381) (S. Rept. 117–232), S6999 [6DE]

University of Alaska Fiscal Foundation Act: Committee on Energy and Natural Resources (Senate) (S. 1128) (S. Rept. 117–152), S4912 [21SE]

Texts of

H.R. 1468, Securities and Exchange Commission Real Estate Leasing Authority Revocation Act, H7755 [13SE], H7814 [14SE]

H.R. 7735, Improving Access to the VA Home Loan Benefit Act, H7768 [13SE], H7819 [14SE]