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H.R. 430 · 112th Congress

HAMP Repeal and Deficit Reduction Act of 2011

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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.

4 cosponsors · 4 R

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

HAMP Repeal and Deficit Reduction Act of 2011 - Prohibits the Secretary of the Treasury from providing any assistance on behalf of any homeowner under the Home Affordable Modification Program (HAMP) under the Making Home Affordable initiative, authorized under the Emergency Economic Stabilization Act of 2008, unless before the enactment of this Act the…

What it does: CRS summary · Introduced in House · Jan 25, 2011

HAMP Repeal and Deficit Reduction Act of 2011 - Prohibits the Secretary of the Treasury from providing any assistance on behalf of any homeowner under the Home Affordable Modification Program (HAMP) under the Making Home Affordable initiative, authorized under the Emergency Economic Stabilization Act of 2008, unless before the enactment of this Act the homeowner was extended an offer to participate in such Program on a trial or permanent basis.

Nullifies and terminates all contracts between the Secretary and mortgage servicers under HAMP, except with respect to such homeowners.

Provides for use of unobligated HAMP funds for reducing the federal debt.

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

About this bill and sources

Official title: HAMP Repeal and Deficit Reduction Act of 2011

Latest action (Mar 23, 2011): Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

Policy area: Housing and Community Development · Origin: House · Introduced: Jan 25, 2011

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

No recorded floor vote found.