S. 1835 - United States Covered Bond Act

Finance and financial sector. 112th Congress (2011-2012) View bill details
Sponsor:
Summary:
A bill to establish standards for covered bond programs and a covered bond regulatory oversight program, and for other purposes. (by CRS) 
Status:
The bill has been introduced. 
There have been no votes on this bill.

United States Covered Bond Act

S. 1835 — 112th Congress (2011–2012)

Summary
A bill to establish standards for covered bond programs and a covered bond regulatory oversight program, and for other purposes. (by CRS)
Learn More
At OpenCongress
Title
A bill to establish standards for covered bond programs and a covered bond regulatory oversight program, and for other purposes.
Other Titles
  • United States Covered Bond Act
Sponsor
Kay R. Hagan
Co-Sponsors
Subjects
  • Finance and financial sector
  • Administrative law and regulatory procedures
  • Banking and financial institutions regulation
  • Bankruptcy
  • Business records
  • Department of the Treasury
  • Financial services and investments
  • Government information and archives
  • Housing finance and home ownership
  • Securities
  • User charges and fees
Related Bills
Major Actions
Introduced11/09/2011
Referred to Committee
Bill History

There have been no votes on this bill.

ActionDateDescription
Introduced11/09/2011
11/09/2011Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
NumberSponsorDate OfferedStatus
scale for bar graph of contributions

Contributions

  1. January - February 2007 For $744,073 Against $0
  2. March - April 2007 For $2,188,369 Against $0
  3. May - June 2007 For $2,369,931 Against $0
  4. July - August 2007 For $972,397 Against $0
  5. September - October 2007 For $2,053,830 Against $0
  6. November - December 2007 For $2,315,862 Against $0
  7. January - February 2008 For $1,069,245 Against $0
  8. March - April 2008 For $1,911,854 Against $0
  9. May - June 2008 For $2,395,197 Against $0
  10. July - August 2008 For $1,305,177 Against $0
  11. September - October 2008 For $2,616,227 Against $0
  12. November - December 2008 For $726,905 Against $0
  13. January - February 2009 For $580,940 Against $0
  14. March - April 2009 For $1,912,124 Against $0
  15. May - June 2009 For $2,481,602 Against $0
  16. July - August 2009 For $1,156,201 Against $0
  17. September - October 2009 For $2,080,850 Against $0
  18. November - December 2009 For $2,185,771 Against $0
  19. January - February 2010 For $1,913,763 Against $0
  20. March - April 2010 For $3,549,825 Against $0
  21. May - June 2010 For $2,975,210 Against $0
  22. July - August 2010 For $1,775,724 Against $0
  23. September - October 2010 For $4,338,858 Against $0
  24. November - December 2010 For $810,279 Against $0
  25. January - February 2011 For $936,066 Against $0
  26. March - April 2011 For $2,410,389 Against $0
  27. May - June 2011 For $2,193,563 Against $0
  28. July - August 2011 For $1,071,755 Against $0
  29. September - October 2011 For $1,640,407 Against $0
  30. November - December 2011 For $1,567,900 Against $0
  31. January - February 2012 For $1,091,764 Against $0
  32. March - April 2012 For $1,660,148 Against $0
  33. May - June 2012 For $1,881,592 Against $0
  34. July - August 2012 For $1,090,003 Against $0
  35. September - October 2012 For $2,243,881 Against $0
  36. November - December 2012 For $548,251 Against $0

Votes

    20 Organizations Supported and 0 Opposed; See Which Ones

    Organizations that took a position on
    United States Covered Bond Act

    20 organizations supported this bill

    American Hotel & Lodging Association
    American Hotel & Lodging Association (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    American Land Title Association
    American Land Title Association (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    American Resort Development Association
    American Resort Development Association (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    Appraisal Institute
    Appraisal Institute (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    Building Owners and Managers Association International
    Building Owners and Managers Association International (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    CCIM Institute
    Certified Commercial Investment Member Institute (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    Financial Services Forum
    Nichols, Rob (2011, November 29). Support for S. 1835, "The United States Covered Bond Act of 2011". Retrieved March 7, 2012, from .
    Institute of Real Estate Management
    Institute of Real Estate Management (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    International Council of Shopping Centers
    International Council of Shopping Centers (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    Investment Company Institute
    Stevens, Paul (2011, November 10). House Cov. Bonds. Retrieved August 8, 2012, from Investment Company Institute.
    Mortgage Bankers Association
    Mortgage Bankers Association (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    NAIOP, the Commercial Real Estate Development Association
    NAIOP, the Commercial Real Estate Development Association (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    National Apartment Association
    National Apartment Association (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    National Association of Real Estate Investment Trusts
    National Association of Real Estate Investment Trusts (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    National Association of Realtors
    NAR (n.d.). Ensuring the Flow of Capital Into the Real Estate Market. Retrieved March 7, 2012, from Realtor.org.
    National Multifamily Housing Council
    National Multi Housing Council (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    Real Estate Roundtable
    The Real Estate Roundtable (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    Realtors Land Institute
    Realtors Land Institute (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.
    Securities Industry and Financial Markets Association
    Andrew DeSouza (2011, May 3). SIFMA Supports United States Covered Bond Act of 2011. Retrieved March 7, 2012, from SIFMA.
    society of industrial and office realtors
    Society of Industrial and Office REALTORS (2011, November 8). Support for the United States Covered Bond Act of 2011. Retrieved March 7, 2012, from NREO Covered Bonds Support Letter.

    0 organizations opposed this bill

    Need proof?

    View citations of support and opposition

    Includes reported contributions to congressional campaigns of Senators in office during the 112th U.S. Congress, from interest groups invested in the vote according to MapLight, January 1, 2007 – December 31, 2012.
    Contributions data source: OpenSecrets.org

    Contributions by Legislator

    Namesort iconPartyState$ From Interest Groups
    That Supported
    $ From Interest Groups
    That Opposed
    Daniel K. AkakaDHI$16,010$0
    Andrew Lamar AlexanderRTN$612,399$0
    Kelly AyotteRNH$476,482$0
    John BarrassoRWY$278,932$0
    Max BaucusDMT$890,280$0
    Mark BegichDAK$306,473$0
    Michael F. BennetDCO$1,235,073$0
    Jesse "Jeff" BingamanDNM$23,000$0
    Richard BlumenthalDCT$803,177$0
    Roy BluntRMO$1,239,986$0
    John BoozmanRAR$202,653$0
    Barbara BoxerDCA$862,897$0
    Scott P. BrownRMA$2,896,939$0
    Sherrod BrownDOH$807,608$0
    Richard BurrRNC$650,526$0
    Maria CantwellDWA$415,185$0
    Ben CardinDMD$723,903$0
    Tom CarperDDE$332,460$0
    Bob CaseyDPA$701,913$0
    Clarence Saxby ChamblissRGA$943,120$0
    Daniel CoatsRIN$284,276$0
    Tom CoburnROK$115,960$0
    William Thad CochranRMS$98,163$0
    Susan M. CollinsRME$675,766$0
    Gaylord Kent ConradDND$50,250$0
    Christopher A. CoonsDDE$213,750$0
    Bob CorkerRTN$1,616,670$0
    John CornynRTX$1,352,030$0
    Mike CrapoRID$451,023$0
    Jim DeMintRSC$466,217$0
    Dick DurbinDIL$839,846$0
    Mike EnziRWY$185,533$0
    Dianne FeinsteinDCA$543,871$0
    Al FrankenDMN$696,074$0
    Kirsten E. GillibrandDNY$3,256,178$0
    Lindsey GrahamRSC$467,317$0
    Chuck GrassleyRIA$343,799$0
    Kay R. HaganDNC$566,753$0
    Tom HarkinDIA$348,550$0
    Orrin G. HatchRUT$932,025$0
    Dean HellerRNV$769,876$0
    John HoevenRND$240,320$0
    Kay Bailey HutchisonRTX$147,800$0
    Jim InhofeROK$232,415$0
    Dan InouyeDHI$265,915$0
    Johnny IsaksonRGA$1,034,616$0
    Mike JohannsRNE$285,321$0
    Ron JohnsonRWI$369,670$0
    Tim JohnsonDSD$497,183$0
    John F. KerryDMA$458,788$0
    Mark KirkRIL$1,863,458$0
    Amy KlobucharDMN$427,099$0
    Herb KohlDWI$0$0
    Jon KylRAZ$39,175$0
    Mary L. LandrieuDLA$728,702$0
    Frank R. LautenbergDNJ$1,007,615$0
    Patrick J. LeahyDVT$116,000$0
    Mike LeeRUT$107,123$0
    Carl LevinDMI$466,999$0
    Joe LiebermanICT$49,100$0
    Dick LugarRIN$318,703$0
    Joe Manchin, IIIDWV$423,901$0
    John McCainRAZ$563,695$0
    Claire McCaskillDMO$736,994$0
    Addison "Mitch" McConnellRKY$1,830,520$0
    Bob MenéndezDNJ$1,728,209$0
    Jeff MerkleyDOR$437,510$0
    Barbara A. MikulskiDMD$303,814$0
    Jerry MoranRKS$326,154$0
    Lisa MurkowskiRAK$225,144$0
    Patty MurrayDWA$435,943$0
    Earl "Ben" NelsonDNE$222,750$0
    Clarence "Bill" NelsonDFL$912,185$0
    Rand PaulRKY$218,740$0
    Rob PortmanROH$1,200,288$0
    Mark L. PryorDAR$339,115$0
    John "Jack" ReedDRI$486,200$0
    Harry ReidDNV$1,683,430$0
    Jim RischRID$134,416$0
    Charles "Pat" RobertsRKS$428,162$0
    John "Jay" RockefellerDWV$350,200$0
    Marco RubioRFL$1,107,598$0
    Bernie SandersIVT$63,950$0
    Chuck SchumerDNY$2,805,355$0
    Jeff SessionsRAL$321,434$0
    Jeanne ShaheenDNH$494,443$0
    Richard C. ShelbyRAL$738,350$0
    Olympia J. SnoweRME$286,233$0
    Debbie StabenowDMI$579,221$0
    Jon TesterDMT$729,239$0
    John ThuneRSD$721,124$0
    Patrick J. ToomeyRPA$1,331,456$0
    Mark UdallDCO$779,216$0
    Tom UdallDNM$526,943$0
    David VitterRLA$618,275$0
    Mark R. WarnerDVA$1,732,124$0
    Jim WebbDVA$49,120$0
    Sheldon WhitehouseDRI$377,602$0
    Roger F. WickerRMS$559,916$0
    Ron WydenDOR$608,019$0

    Add Data Filters:

    Legislator Filters
    Legislator Filters
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    NamePartyState$ From Interest Groups
    That Supported
    $ From Interest Groups
    That Opposed
    Daniel K. AkakaDHI$16,010$0
    Andrew Lamar AlexanderRTN$612,399$0
    Kelly AyotteRNH$476,482$0
    John BarrassoRWY$278,932$0
    Max BaucusDMT$890,280$0
    Mark BegichDAK$306,473$0
    Michael F. BennetDCO$1,235,073$0
    Jesse "Jeff" BingamanDNM$23,000$0
    Richard BlumenthalDCT$803,177$0
    Roy BluntRMO$1,239,986$0
    John BoozmanRAR$202,653$0
    Barbara BoxerDCA$862,897$0
    Scott P. BrownRMA$2,896,939$0
    Sherrod BrownDOH$807,608$0
    Richard BurrRNC$650,526$0
    Maria CantwellDWA$415,185$0
    Ben CardinDMD$723,903$0
    Tom CarperDDE$332,460$0
    Bob CaseyDPA$701,913$0
    Clarence Saxby ChamblissRGA$943,120$0
    Daniel CoatsRIN$284,276$0
    Tom CoburnROK$115,960$0
    William Thad CochranRMS$98,163$0
    Susan M. CollinsRME$675,766$0
    Gaylord Kent ConradDND$50,250$0
    Christopher A. CoonsDDE$213,750$0
    Bob CorkerRTN$1,616,670$0
    John CornynRTX$1,352,030$0
    Mike CrapoRID$451,023$0
    Jim DeMintRSC$466,217$0
    Dick DurbinDIL$839,846$0
    Mike EnziRWY$185,533$0
    Dianne FeinsteinDCA$543,871$0
    Al FrankenDMN$696,074$0
    Kirsten E. GillibrandDNY$3,256,178$0
    Lindsey GrahamRSC$467,317$0
    Chuck GrassleyRIA$343,799$0
    Kay R. HaganDNC$566,753$0
    Tom HarkinDIA$348,550$0
    Orrin G. HatchRUT$932,025$0
    Dean HellerRNV$769,876$0
    John HoevenRND$240,320$0
    Kay Bailey HutchisonRTX$147,800$0
    Jim InhofeROK$232,415$0
    Dan InouyeDHI$265,915$0
    Johnny IsaksonRGA$1,034,616$0
    Mike JohannsRNE$285,321$0
    Ron JohnsonRWI$369,670$0
    Tim JohnsonDSD$497,183$0
    John F. KerryDMA$458,788$0
    Mark KirkRIL$1,863,458$0
    Amy KlobucharDMN$427,099$0
    Herb KohlDWI$0$0
    Jon KylRAZ$39,175$0
    Mary L. LandrieuDLA$728,702$0
    Frank R. LautenbergDNJ$1,007,615$0
    Patrick J. LeahyDVT$116,000$0
    Mike LeeRUT$107,123$0
    Carl LevinDMI$466,999$0
    Joe LiebermanICT$49,100$0
    Dick LugarRIN$318,703$0
    Joe Manchin, IIIDWV$423,901$0
    John McCainRAZ$563,695$0
    Claire McCaskillDMO$736,994$0
    Addison "Mitch" McConnellRKY$1,830,520$0
    Bob MenéndezDNJ$1,728,209$0
    Jeff MerkleyDOR$437,510$0
    Barbara A. MikulskiDMD$303,814$0
    Jerry MoranRKS$326,154$0
    Lisa MurkowskiRAK$225,144$0
    Patty MurrayDWA$435,943$0
    Earl "Ben" NelsonDNE$222,750$0
    Clarence "Bill" NelsonDFL$912,185$0
    Rand PaulRKY$218,740$0
    Rob PortmanROH$1,200,288$0
    Mark L. PryorDAR$339,115$0
    John "Jack" ReedDRI$486,200$0
    Harry ReidDNV$1,683,430$0
    Jim RischRID$134,416$0
    Charles "Pat" RobertsRKS$428,162$0
    John "Jay" RockefellerDWV$350,200$0
    Marco RubioRFL$1,107,598$0
    Bernie SandersIVT$63,950$0
    Chuck SchumerDNY$2,805,355$0
    Jeff SessionsRAL$321,434$0
    Jeanne ShaheenDNH$494,443$0
    Richard C. ShelbyRAL$738,350$0
    Olympia J. SnoweRME$286,233$0
    Debbie StabenowDMI$579,221$0
    Jon TesterDMT$729,239$0
    John ThuneRSD$721,124$0
    Patrick J. ToomeyRPA$1,331,456$0
    Mark UdallDCO$779,216$0
    Tom UdallDNM$526,943$0
    David VitterRLA$618,275$0
    Mark R. WarnerDVA$1,732,124$0
    Jim WebbDVA$49,120$0
    Sheldon WhitehouseDRI$377,602$0
    Roger F. WickerRMS$559,916$0
    Ron WydenDOR$608,019$0

    Interest Groups that supported this bill

    $ Donated
    Security brokers & investment companies$20,048,944
    Real Estate developers & subdividers$11,833,453
    Real estate$11,301,137
    Real estate agents$6,360,881
    Finance, Insurance & Real Estate$5,083,905
    Building operators and managers$2,535,570
    Hotels & motels$2,503,803
    Mortgage bankers and brokers$1,722,012
    Banks & lending institutions$1,548,450
    Retail trade$884,321
    Title insurance & title abstract offices$616,109
    Other real estate services$327,348

    Interest Groups that opposed this bill

    $ Donated
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