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H.R.391 / 110th Congress

To authorize the Secretary of Housing and Urban Development to continue to insure, and to enter into commitments to insure, home equity conversion mortgages under section 255 of the National Housing Act.

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 8.

Official summary

Version 81 · Passed House without amendment · Jan 16, 2007

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Authorizes the Secretary of Housing and Urban Development to continue, until February 15, 2007, to insure, and to enter into commitments to insure, home equity conversion mortgages for elderly homeowners under the National Housing Act, without regard to the maximum aggregate number of mortgages insured or maximum dollar amount of insurance benefits specified in such Act.

Read the summary on Congress.gov
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Who introduced it

Rep. Matheson, Jim [D-UT-2] · D–UT

Committees

  • Financial Services Committee
6 cosponsorship records, including any withdrawals

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

  1. Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 8.

  2. Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

  3. Motion to reconsider laid on the table Agreed to without objection.

  4. On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H534)

  5. Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H534)

  6. DEBATE - The House proceeded with forty minutes of debate on H.R. 391.

  7. Considered under suspension of the rules. (consideration: CR H534-536)

  8. Mr. Scott (GA) moved to suspend the rules and pass the bill.

  9. Referred to the House Committee on Financial Services.

  10. Introduced in House

  11. Introduced in House

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Feb 6, 2024. Consult Congress.gov for the current record.

Explore the bill from different angles

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Neutral evidence review

Objective

Analyze H.R.391 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

Examine H.R.391 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Institutions and government scope

Conservative lens

Examine H.R.391 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Individual rights and government power

Liberty lens

Examine H.R.391 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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