H.R. 1315 - FHA Refinance Program Termination Act
- Sponsor:
- Sean P. Duffy
- Summary:
- Status:
- The bill was voted on in the House on July 21, 2011
- Amendments:
- 11 proposed amendments. 6 accepted. 5 rejected. View amendments
PASSED on July 21, 2011.
1/2 required to pass
voted YES: 241
voted NO: 173
19 voted present/not voting
FHA Refinance Program Termination Act
H.R. 1315 — 112th Congress (2011–2012)
- Summary
- To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection, to rescind the unobligated funding for the FHA Refinance Program and to terminate the program, and for other purposes. (by CRS)
- Learn More
- At OpenCongress
- Title
- To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection.
- Other Titles
- Consumer Financial Protection Safety and Soundness Improvement Act of 2011
- Consumer Financial Protection Safety and Soundness Improvement Act of 2011
- Consumer Financial Protection Safety and Soundness Improvement Act of 2011
- FHA Refinance Program Termination Act
- To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection, to rescind the unobligated funding for the FHA Refinance Program and to terminate the program, and for other purposes.
- Sponsor
- Sean P. Duffy
- Co-Sponsors
- Subjects
- Finance and financial sector
- Administrative law and regulatory procedures
- Banking and financial institutions regulation
- Consumer Financial Protection Bureau
- Consumer affairs
- Department of the Treasury
- Financial Stability Oversight Council
- Related Bills
- H.Res. 358 (112th) : Providing for Consideration of the Bill (H.R. 1315) to Amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to Strengthen the Review Authority of the Financial Stability Oversight Council of Regulations Issued by the Bureau of Consumer Financial Protection, and for Other Purposes.
- H.Res. 358 (112th) : Providing for Consideration of the Bill (H.R. 1315) to Amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to Strengthen the Review Authority of the Financial Stability Oversight Council of Regulations Issued by the Bureau of Consumer Financial Protection, and for Other Purposes.
- H.R. 830 (112th) : FHA Refinance Program Termination Act
- Major Actions
Introduced 3/16/2011 Referred to Committee Amendments (11 proposed) Passed House 7/21/2011 - Bill History
-
Chamber/Committee Motion Date Result select this vote House On Agreeing to the Amendment: Amendment 2 to H R 1315 7/21/2011 This amendment DID NOT PASS the House 170 voted YES 239 voted NO 24 voted present/not votingselect this vote House On Agreeing to the Amendment: Amendment 5 to H R 1315 7/21/2011 This amendment DID NOT PASS the House 175 voted YES 238 voted NO 20 voted present/not votingselect this vote House On Agreeing to the Amendment: Amendment 6 to H R 1315 7/21/2011 This amendment DID NOT PASS the House 175 voted YES 240 voted NO 18 voted present/not votingselect this vote House On Agreeing to the Amendment: Amendment 9 to H R 1315 7/21/2011 This amendment DID NOT PASS the House 168 voted YES 244 voted NO 21 voted present/not votingselect this vote House On Agreeing to the Amendment: Amendment 11 to H R 1315 7/21/2011 This amendment PASSED the House 246 voted YES 167 voted NO 20 voted present/not votingselect this vote House On Motion to Recommit with Instructions: H R 1315 To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection 7/21/2011 This motion DID NOT PASS the House 183 voted YES 232 voted NO 18 voted present/not votingcurrently selected House H.R. 1315 (112th): Consumer Financial Protection Safety and Soundness Improvement Act of 2011 7/21/2011 This bill PASSED the House 241 voted YES 173 voted NO 19 voted present/not votingselect this vote House On agreeing to the Maloney amendment (A001) Failed by voice vote. 7/21/2011 DID NOT PASS by voice vote select this vote House On agreeing to the Paulsen amendment (A004) Agreed to by voice vote. 7/21/2011 PASSED by voice vote select this vote House On agreeing to the Quigley amendment (A007) Agreed to by voice vote. 7/21/2011 PASSED by voice vote select this vote House On agreeing to the Chu amendment (A008) Agreed to by voice vote. 7/21/2011 PASSED by voice vote select this vote House On agreeing to the DeFazio amendment (A003) Agreed to by voice vote. 7/21/2011 PASSED by voice vote select this vote House On agreeing to the Lankford amendment (A010) Agreed to by voice vote. 7/21/2011 PASSED by voice vote Action Date Description Introduced 4/01/2011 3/16/2011 Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral. 4/01/2011 Referred to the House Committee on Financial Services. 4/06/2011 Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral. 5/02/2011 Referred to the Subcommittee on Financial Institutions and Consumer Credit. 5/04/2011 Subcommittee Consideration and Mark-up Session Held. 5/04/2011 Forwarded by Subcommittee to Full Committee (Amended) by the Yeas and Nays: 13 - 9 . 5/12/2011 Committee Consideration and Mark-up Session Held. Put on a legislative calendar 5/12/2011 Ordered to be Reported by the Yeas and Nays: 35 - 22. 5/25/2011 Reported (Amended) by the Committee on Financial Services. H. Rept. 112-89. Put on a legislative calendar 5/25/2011 Placed on the Union Calendar, Calendar No. 49. 7/19/2011 Supplemental report filed by the Committee on Financial Services, H. Rept. 112-89, Part II. 7/20/2011 Rules Committee Resolution H. Res. 358 Reported to House. Rule provides for consideration of H.R. 1315 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. In lieu of the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, it shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule an amendment in the nature of a substitute consisting of the text of the Rules Committee Print dated July 14, 2011. 7/21/2011 Rule H. Res. 358 passed House. 7/21/2011 Considered under the provisions of rule H. Res. 358. 7/21/2011 Rule provides for consideration of H.R. 1315 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. In lieu of the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, it shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule an amendment in the nature of a substitute consisting of the text of the Rules Committee Print dated July 14, 2011. 7/21/2011 House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 358 and Rule XVIII. 7/21/2011 The Speaker designated the Honorable Ted Poe to act as Chairman of the Committee. 7/21/2011 GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1315. 7/21/2011 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Maloney amendment. 7/21/2011 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment. 7/21/2011 POSTPONED PROCEEDINGS - At the conclusion of debate on the Jackson Lee amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Jackson Lee demanded a recorded vote and the Chair postponed proceedings on the question of adoption of the amendment until a time to be announced. 7/21/2011 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the DeFazio amendment. 7/21/2011 POSTPONED PROCEEDINGS - At the conclusion of debate on the DeFazio amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. DeFazio demanded a recorded vote and the Chair postponed proceedings on the question of adoption of the amendment until a time to be announced. 7/21/2011 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Paulsen amendment. 7/21/2011 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Miller (NC) amendment. 7/21/2011 POSTPONED PROCEEDINGS - At the conclusion of debate on the Miller (NC) amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Miller (NC) demanded a recorded vote and the Chair postponed proceedings on the question of adoption of the amendment until a time to be announced. 7/21/2011 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment No. 6. 7/21/2011 POSTPONED PROCEEDINGS - At the conclusion of debate on the Jackson Lee amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mrs. Capito demanded a recorded vote and the Chair postponed proceedings on the question of adoption of the amendment until a time to be announced. 7/21/2011 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Quigley amendment. 7/21/2011 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Chu amendment. 7/21/2011 POSTPONED PROCEEDINGS - At the conclusion of debate on the Maloney amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mrs. Capito demanded a recorded vote and the Chair postponed proceedings on the question of adoption of the amendment until a time to be announced. 7/21/2011 VACATING PROCEEDINGS - Mr. DeFazio asked unanimous consent to vacate the proceedings by which a recorded vote was ordered on the adoption of amendment no. 3 to the end that the amendment be agreed to by the voice vote. 7/21/2011 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Lankford amendment. 7/21/2011 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Rigell amendment. 7/21/2011 POSTPONED PROCEEDINGS - At the conclusion of debate on the Rigell amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Miller (NC) demanded a recorded vote and the Chair postponed proceedings on the question of adoption of the amendment until a time to be announced. 7/21/2011 UNFINISHED BUSINESS - The Chair announced that the unfinished business was on the question of adoption of amendments which had been debated earlier and on which further proceedings were postponed. 7/21/2011 The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1315. 7/21/2011 The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union. 7/21/2011 The previous question was ordered pursuant to the rule. 7/21/2011 Mr. Michaud moved to recommit with instructions to Financial Services. 7/21/2011 DEBATE - The House proceeded with 10 minutes of debate on the Michaud motion to recommit with instructions, pending reservation of a point of order. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to add a new section retaining the current two-thirds majority vote requirement for the Financial Stability Oversight Council to set aside a Consumer Financial Protection Bureau regulation designed to safeguard seniors from fraud relating to their Social Security and Medicare benefits, foreclosure, robosigning, reverse mortgages, and pensions or other retirement savings. Subsequently, the point of order was withdrawn. 7/21/2011 The previous question on the motion to recommit with instructions was ordered without objection. 7/21/2011 Motion to reconsider laid on the table Agreed to without objection. 7/21/2011 The text of H.R. 830, as passed by the House, was appended to the end of H.R. 1315 as new matter. 7/21/2011 The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 1315. select this vote Vote 7/21/2011 On Agreeing to the Amendment: Amendment 2 to H R 1315 select this vote Vote 7/21/2011 On Agreeing to the Amendment: Amendment 5 to H R 1315 select this vote Vote 7/21/2011 On Agreeing to the Amendment: Amendment 6 to H R 1315 select this vote Vote 7/21/2011 On Agreeing to the Amendment: Amendment 9 to H R 1315 select this vote Vote 7/21/2011 On Agreeing to the Amendment: Amendment 11 to H R 1315 select this vote Vote 7/21/2011 On Motion to Recommit with Instructions: H R 1315 To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection currently selected House Vote on Passage 7/21/2011 H.R. 1315 (112th): Consumer Financial Protection Safety and Soundness Improvement Act of 2011 7/21/2011 Amendment (A001) offered by Mrs. Maloney. select this vote Vote 7/21/2011 On agreeing to the Maloney amendment (A001) Failed by voice vote. 7/21/2011 Amendment (A002) offered by Ms. Jackson Lee (TX). 7/21/2011 Amendment (A003) offered by Mr. DeFazio. 7/21/2011 Amendment (A004) offered by Mr. Paulsen. select this vote Vote 7/21/2011 On agreeing to the Paulsen amendment (A004) Agreed to by voice vote. 7/21/2011 Amendment (A005) offered by Mr. Miller (NC). 7/21/2011 Amendment (A006) offered by Ms. Jackson Lee (TX). 7/21/2011 Amendment (A007) offered by Mr. Quigley. select this vote Vote 7/21/2011 On agreeing to the Quigley amendment (A007) Agreed to by voice vote. 7/21/2011 Amendment (A008) offered by Ms. Chu. select this vote Vote 7/21/2011 On agreeing to the Chu amendment (A008) Agreed to by voice vote. 7/21/2011 Amendment (A009) offered by Mrs. Maloney. select this vote Vote 7/21/2011 On agreeing to the DeFazio amendment (A003) Agreed to by voice vote. 7/21/2011 Amendment (A010) offered by Mr. Lankford. select this vote Vote 7/21/2011 On agreeing to the Lankford amendment (A010) Agreed to by voice vote. 7/21/2011 Amendment (A011) offered by Mr. Rigell. 7/22/2011 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Number Sponsor Date Offered Status select this vote H. Amdt. 686 Maloney, Carolyn [D-NY12] July 21, 2011 Failed by voice vote on July 21, 2011. Amendment sought to strike Section 1023 of the Dodd-Frank Act giving the Financial Stability Oversight Council the ability to override Consumer Financial Protection Bureau rules.
select this vote H. Amdt. 687 Jackson Lee, Sheila [D-TX18] July 21, 2011 Failed by roll call vote on July 21, 2011. Amendment sought to restore the requirement for a 2/3 majority vote in order for the Financial Stability Oversight Council to overrule a Consumer Financial Protection Bureau regulation.
select this vote H. Amdt. 688 DeFazio, Peter [D-OR4] July 21, 2011 Passed by voice vote on July 21, 2011. Amendment provides that no Member of the Financial Stability Oversight Council may participate in a vote to issue a stay of, or set aside, a regulation issued by the Bureau of Consumer Financial Protection if said regulation would affect an institution for which that individual was employed in the preceding 2 years.
select this vote H. Amdt. 689 Paulsen, Erik [R-MN3] July 21, 2011 Passed by voice vote on July 21, 2011. Amendment clarifies that the nonvoting members of the council are allowed to petition against any rule made by the Consumer Financial Protection Bureau (CFPB), even if they represent an industry the CFPB is not permitted to regulate.
select this vote H. Amdt. 690 Miller, R. [D-NC13] July 21, 2011 Failed by roll call vote on July 21, 2011. Amendment sought to require specific disclosure of information related to filing agency petitions to the Financial Stability Oversight Council to overturn Consumer Financial Protection Bureau rulemaking.
select this vote H. Amdt. 691 Jackson Lee, Sheila [D-TX18] July 21, 2011 Failed by roll call vote on July 21, 2011. Amendment sought to restore time limits in which the Financial Stability Oversight Council must review and make a determination on regulations issued by the Consumer Financial Protection Bureau.
select this vote H. Amdt. 692 Quigley, Mike [D-IL5] July 21, 2011 Passed by voice vote on July 21, 2011. Amendment requires the Financial Stability Oversight Council to provide live online streaming or broadcasting of Council meetings pertaining to review of Consumer Financial Protection Bureau regulations.
select this vote H. Amdt. 693 Chu, Judy [D-CA27] July 21, 2011 Passed by voice vote on July 21, 2011. Amendment requires the commissioner to research how language barriers can lead to unfair and abusive lending practices and to report to the full Commission on ways to protect consumers from such unfair and deceptive practices.
select this vote H. Amdt. 694 Maloney, Carolyn [D-NY12] July 21, 2011 Failed by roll call vote on July 21, 2011. Amendment sought to immediately transfer all authority that the Consumer Financial Protection Bureau would receive to the Secretary of the Treasury if no Commission Chair is in place by the single calendar date designated for the transfer, until such time as a Chair has been confirmed by the Senate.
select this vote H. Amdt. 695 Lankford, James [R-OK] July 21, 2011 Passed by voice vote on July 21, 2011. Amendment requires the Inspector General of the Board of Governors of the Federal Reserve System/CFPB to submit an annual report to Congress no later than February 1, 2012, and every year thereafter, which identifies (1) all new guidance/regulation/rules prescribed by the Bureau; (2) any Bureau authority which overlaps with other federal agencies/departments; (3) Bureau administrative expenses; and (4) Bureau unobligated balances. Such a report would also be posted online and published using existing funds.
select this vote H. Amdt. 696 Rigell, Edward [R-VA2] July 21, 2011 Passed by roll call vote on July 21, 2011. Amendment requires the Consumer Financial Protection Bureau to (1) submit an analysis on the impact of its proposed rule or regulation on the financial industry, and (2) submit an analysis of consumer and small business access to credit as a result of the regulation, to the Financial Stability Oversight Council for the purposes of public review.
Average contributions given to House members from interest groups that…
supported this bill
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Credit agencies & finance companies |
Credit unions |
Banks & lending institutions |
Mortgage bankers and brokers |
Chambers of commerce |
opposed this bill
Contributions data source: OpenSecrets.org