Bill
Bill > HRes170
US HRes170
US HRes170Providing for consideration of the bill (H.B. 839) to amend the Emergency Economic Stabilization Act of 2008 to terminate the authority of the Secretary of the Treasury to provide new assistance under the Home Affordable Modification Program, while preserving assistance to homeowners who were already extended an offer to participate in the Program, either on a trial or permanent basis; and providing for consideration of the bill (H.B. 861) to rescind the third round of funding for the Neighborho
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Sets forth the rule for consideration of the bill (H.B. 839) to amend the Emergency Economic Stabilization act of 2008 to terminate the authority of the Secretary of the Treasury to provide new assistance under the Home Affordable Modification Program, while preserving assistance to homeowners who were already extended an offer to participate in the Program, either on a trial or permanent basis; and providing for consideration of the bill (H.B. 861) to rescind the third round of funding for the Neighborhood Stabilization Program and to terminate the program.
AI Summary
This Resolution establishes the rules for considering two bills in the House of Representatives. First, it allows for the consideration of H.R. 839, a bill that would end the Treasury Secretary's ability to offer new assistance under the Home Affordable Modification Program (HAMP), a program designed to help homeowners avoid foreclosure, but would continue to support homeowners already participating in HAMP. Second, it sets the procedures for considering H.R. 861, a bill that would cancel the third round of funding for the Neighborhood Stabilization Program (NSP), a program aimed at revitalizing communities affected by foreclosures, and would terminate the program entirely. For both bills, the Resolution waives certain procedural objections, limits debate time, and specifies how amendments can be offered and voted upon, ensuring an orderly legislative process.
Sponsors (1)
Last Action
Motion to reconsider laid on the table Agreed to without objection. (on 03/16/2011)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...