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Bill > HRes529


US HRes529

US HRes529
Providing for consideration of the bill (H.B. 1210) to amend the Truth in Lending Act to provide a safe harbor from certain requirements related to qualified mortgages for residential mortgage loans held on an originating depository institution's portfolio, and for other purposes; providing for consideration of the bill (H.R 3189) to amend the Federal Reserve Act to establish requirements for policy rules and blackout periods of the Federal Open Market Committee, to establish requirements for ce


summary

Introduced
11/17/2015
In Committee
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

Sets forth the rule for consideration of the bill (H.B. 1210) to amend the Truth in Lending Act to provide a safe harbor from certain requirements related to qualified mortgages for residential mortgage loans held on an originating depository institution's portfolio, and for other purposes; providing for consideration of the bill (H.R 3189) to amend the Federal Reserve Act to establish requirements for policy rules and blackout periods of the Federal Open Market Committee, to establish requirements for certain activities of the Board of Governors of the Federal Reserve System, and to amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited, and for other purposes; and providing for proceedings during the period from November 20, 2015, through November 27, 2015.

AI Summary

This Resolution sets forth the rules for considering two bills in the House of Representatives: H.R. 1210, which aims to amend the Truth in Lending Act to create a "safe harbor" (a legal protection) for certain residential mortgage loans kept by the originating bank on its own books, and H.R. 3189, which would establish requirements for policy rules and "blackout periods" (times when certain actions are prohibited) for the Federal Open Market Committee (FOMC), a key part of the Federal Reserve that sets monetary policy, and also reform how the Board of Governors of the Federal Reserve System is audited. The Resolution outlines specific procedures for debate, amendments, and voting on these bills, waiving most points of order that could otherwise prevent or delay their consideration, and also addresses proceedings for a specific period in November 2015.

Sponsors (1)

Last Action

Motion to reconsider laid on the table Agreed to without objection. (on 11/18/2015)

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