H.R. 2654 · 112th Congress
Don't Default on Military Families Act
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
EllisonSponsor1 cosponsor · 1 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Don't Default on Military Families Act - Amends the Servicemembers Civil Relief Act to, during a funding gap affecting the Armed Forces: (1) require a court order to evict a servicemember (or dependents) from a primary residence during a period of the servicemember's military service (currently, such a court order is required only when monthly rent for the…
What it does: CRS summary · Introduced in House · Jul 26, 2011
Don't Default on Military Families Act - Amends the Servicemembers Civil Relief Act to, during a funding gap affecting the Armed Forces: (1) require a court order to evict a servicemember (or dependents) from a primary residence during a period of the servicemember's military service (currently, such a court order is required only when monthly rent for the residence is below a specified amount); (2) bar subjecting such premises to distress; and (3) prohibit, after a servicemember enters military service, rescinding or terminating a contract for the purchase, lease, or bailment of real or personal property for a breach occurring before or during that person's military service (currently, such protections apply only when a servicemember pays a deposit or installment before entering military service).
Modifies existing requirements for staying proceedings, adjusting obligations, or selling, foreclosing, or seizing property for a breach of obligation when an underlying mortgage or other secured interest on real or personal property originates before a funding gap that is the cause of such actions (currently, such protections apply only when the obligations originated before the period of the servicemember's military service).
Prohibits a servicemember's failure or delay to make a mortgage payment (without regard to other considerations) from providing a basis for an adverse credit report if in good faith such servicemember notifies the creditor that such a funding gap is the cause of the failed or delayed payment.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Don't Default on Military Families Act
Latest action (Jul 29, 2011): Referred to the Subcommittee on Economic Opportunity.
Policy area: Armed Forces and National Security · Origin: House · Introduced: Jul 26, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.