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H.R. 111 · 108th Congress

Community Choice in Real Estate Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

254 cosponsors · 148 D, 105 R, 1 I
NAD Abercrombie RAR Aderholt RAD Andrews JBR Barton HBD Berman EBD Blumenauer SBR Boehlert KBR Brady CBD Brown SBD Brown DBR Burton MBR Bono Mack BBD Baird TBD Baldwin JCD Conyers BCD Cramer DCR Cunningham SCR Capito DCD Cardoza DDD Davis PDD DeFazio BDD Delahunt NDD Dicks JDD Dingell JDR Doolittle JDR Duncan JAR Ann Davis EED Engel AED Eshoo TER Everett SFD Farr MFR Foley HFD Ford JGR Gibbons BGR Goodlatte BGD Gordon KGR Granger GGD Green LGD Gutiérrez JHD Harman JHR Hefley WHR Herger MHD Hinchey RHD Hinojosa DHR Hobson THD Holden DHR Hunter RHD Holt SID Israel SJD Jones PKD Kanjorski MKD Kaptur MKR Kirk NLD Lampson TLD Lantos SLD Levin JLR Lewis RLR Lewis BLD Lee SLR LaTourette FLR LoBiondo JLD Larson RLD Larsen RMD Matsui JMR McHugh SMR McInnis BMR McKeon JMR Mica JMD Millender-McDonald GMD Miller JMD Murtha JMD Matheson JMR Miller JND Nadler ANR Northup END Norton MOD Owens BOR Otter BPD Pascrell JQR Quinn SRD Rothman LRD Roybal-Allard CRD Rodriguez MRR Rogers BSI Sanders MSD Sandlin JSR Saxton ESR Shaw BSD Sherman LSD Slaughter CSR Smith CSR Stearns JSD Schakowsky RSR Simmons HSD Solis BSR Shuster BTR Tauzin ETD Towns TTR Tancredo MTD Thompson MUD Udall DVR Vitter ZWR Wamp MWD Waters RWD Wexler EWR Whitfield LWD Woolsey AWD Weiner JWR Wilson CYR Young TAD Allen BCR Cubin MMD McNulty TPR Platts ASD Smith ASD Schiff GWR Walden HBR Brown TBD Bishop CCR Cannon SCR Chabot DCD Christensen JCD Costello PCR Crane DDD DeGette BFD Filner RFR Frelinghuysen RGD Grijalva DHD Hooley MHD Honda JKD Kleczka ZLD Lofgren NLD Lowey MMD McIntyre GND Napolitano DPD Price GRR Radanovich DRR Rehberg TRD Ryan CSD Stenholm MSR Souder JTD Tanner CTR Taylor JWR Walsh HWD Waxman FWR Wolf MBD Berry RBR Burr RBR Bishop RLR LaHood KMD McCarthy MMD Michaud CWR Weldon FBD Ballance CBD Bell JCD Cooper HHR Hyde JIR Isakson BJR Janklow JLD Langevin LSD Sanchez CVD Van Hollen AWD Wynn JCR Carter EGR Gallegly SJD Jackson Lee DKD Kildee JTD Turner JWR Weller HWR Wilson ECD Case PDD Deutsch LED Evans GGR Gutknecht KLD Lucas RRR Regula SBD Bishop JCR Culberson WCD Clay DKD Kucinich FPD Pallone RED Emanuel JLD Lewis LCD Capps ACR Crenshaw DNR Nunes RPR Pombo JBD Baca MBD Bordallo JCD Carson LDD Davis MTR Turner MGR Green JJD Jackson GMD Meeks JBR Bradley SOD Ortiz JGR Gresham Barrett JHD Hoeffel DPD Payne BTD Thompson JTD Tierney JKR Knollenberg SDD Davis EMD Markey GNR Nethercutt DYR Young RDD DeLauro AHD Hastings EPD Pomeroy LSD Sánchez MCR Collins EFD Faleomavaega TPR Petri RRR Renzi SBD Berkley MBR Burgess JDD Davis AAD Acevedo-Vilá JBR Bonner TFR Franks EJD Johnson KMD Meek SPR Pearce DWD Watson ADD Davis DMD Majette JOD Olver RAD Alexander TMR McCotter JMD Marshall JSD Serrano JSR Sweeney CMR Miller MMR Musgrave CFD Fattah WLD Lipinski DSD Scott RNR Neugebauer JMD Moran CCR Chocola MPR Pence PSR Sessions MBR Burns CED Edwards RND Neal RBR Bartlett MFD Frost CSR Shays BCD Chandler JPR Porter MBR Bilirakis SHD Herseth Sandlin LDD Doggett

110 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Community Choice in Real Estate Act - Amends the Bank Holding Company Act of 1956, and the Revised Statutes of the United States, to prohibit the Board of Governors of the Federal Reserve System and the Secretary of the Treasury, respectively, from determining that real estate brokerage activity or real estate management activity is financial in nature, is…

What it does: CRS summary · Introduced in House · Jan 7, 2003
Community Choice in Real Estate Act - Amends the Bank Holding Company Act of 1956, and the Revised Statutes of the United States, to prohibit the Board of Governors of the Federal Reserve System and the Secretary of the Treasury, respectively, from determining that real estate brokerage activity or real estate management activity is financial in nature, is incidental to any financial activity, or is complementary to a financial activity. (In effect, prohibits financial holding companies and national banks from engaging, directly or indirectly, in real estate brokerage or real estate management activities.)

Exempts from such prohibition: (1) activities of a bank holding company (or any affiliate) that directly relate to managing any real property owned by national banks or their affiliates; and (2) the right, power, or ability of any financial holding company to engage in any activity, or acquire or retain the shares of any company engaged in an activity authorized for financial holding companies on December 6, 2001 ("grandfather clause").

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Community Choice in Real Estate Act

Latest action (Feb 27, 2003): Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 7, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.