H.R. 2034 · 111th Congress
Rural Homeowners Protection Act of 2009
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 111th Congress ended.
D
ClaySponsor8 cosponsors · 7 D, 1 R
6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Apr 22, 2009
- House Passed Jul 29, 2009
Rural Homeowners Protection Act of 2009 - Amends the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Act and the Housing Act of 1949 to: (1) increase from 1% to 2% the guarantee fee on loans for housing and buildings on adequate farms; and (2) authorize the Secretary of Agriculture to guarantee a loan made to refinance one made by a private…
What it does: CRS summary · Passed House without amendment · Jul 29, 2009
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Rural Homeowners Protection Act of 2009 - Amends the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Act and the Housing Act of 1949 to: (1) increase from 1% to 2% the guarantee fee on loans for housing and buildings on adequate farms; and (2) authorize the Secretary of Agriculture to guarantee a loan made to refinance one made by a private lender to an individual to acquire or construct a single-family residence located in a rural area.
Requires the Secretary to charge a guarantee fee for refinancing such a loan at levels necessary, but no higher than needed, to allow such class of loans to be guaranteed without resulting in a need for an appropriation for a credit subsidy.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Rural Homeowners Protection Act of 2009
Latest action (Jul 30, 2009): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Housing and Community Development · Origin: House · Introduced: Apr 22, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Apr 22, 2009
- House Passed Jul 29, 2009
No recorded floor vote found.