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S. 2399 · 110th Congress

Financial Education and Counseling Assistance Act of 2007

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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

2 cosponsors · 2 D

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

Financial Education and Counseling Assistance Act of 2007 - Amends the Housing and Urban Development Act of 1968 to require the Secretary of Housing and Urban Development (HUD) to carry out a grant program to assist eligible organizations to provide financial education and counseling services to homeowners and prospective homebuyers.

What it does: CRS summary · Introduced in Senate · Nov 16, 2007

Financial Education and Counseling Assistance Act of 2007 - Amends the Housing and Urban Development Act of 1968 to require the Secretary of Housing and Urban Development (HUD) to carry out a grant program to assist eligible organizations to provide financial education and counseling services to homeowners and prospective homebuyers.

Requires the Secretary to give preference to established community-based financial education and counseling organizations capable of providing in-person services.

Prohibits an organization from receiving such financial assistance unless its financial counselors are HUD-certified.

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

About this bill and sources

Official title: Financial Education and Counseling Assistance Act of 2007

Latest action (Nov 16, 2007): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Policy area: Housing and Community Development · Origin: Senate · Introduced: Nov 16, 2007

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

No recorded floor vote found.