GovTrack.us

 
HomeTrackResearchBlogToolsAboutDevLog In
 The Senate meets today; the House next meets Nov 23, 2009.
Bookmark and Share
Congress > Legislation
H.R. 3221:
Housing and Economic Recovery Act of 2008
110th Congress

This is a bill in the U.S. Congress originating in the House of Representatives ("H.R."). A bill must be passed by both the House and Senate and then be signed by the President before it becomes law.

Bill numbers restart from 1 every two years. Each two-year cycle is called a session of Congress. This bill was created in the 110th Congress, in 2007-2008.

The titles of bills are written by the bill's sponsor and are a part of the legislation itself. GovTrack does not editorialize bill summaries.

2007-2008
Track H.R. 3221 [110th]

Because this bill was introduced in a previous session of Congress, no more action can occur on it.

Bookmark this bill in your Trackers page so you can find it again later. This bill no longer generates events.
You are not logged in to an account.
Log In | Sign Up (for free)
Primary Source

See H.R. 3221 [110th] on THOMAS for the official source of information on this bill or resolution.

A bill to provide needed housing reform and for other purposes.

Overview

Sponsor:
Text:
Summary | Full Text
Cost:
 $4 per American over the 2008-2012 period.

This is computed from a Congressional Budget Office report, merely by dividing the estimated cost of $900,000,000 by the U.S. population. The figure is extracted from the report automatically and may be incorrect. See the report for details.

Status:
Occurred: IntroducedJul 30, 2007
Occurred: Referred to CommitteeView Committee Assignments
Occurred: Reported by CommitteeSep 5, 2007
Occurred: Amendments (237 proposed)View Amendments
Occurred: Passed HouseAug 4, 2007
Occurred: Passed SenateApr 10, 2008
Occurred: Signed by PresidentJul 30, 2008
This bill became law. It was signed by George Bush.
Last Action:
Sep 27, 2008: House Science and Technology: Hearing Held by Subcommittee on Energy and Environment Prior to Introduction and Referral (06/19/2008)..
Other Titles:
-- Building American Homeownership Act of 2008
-- Federal Housing Finance Regulatory Reform Act of 2008
-- FHA Manufactured Housing Loan Modernization Act of 2008
-- FHA Modernization Act of 2008
-- Foreclosure Prevention Act of 2008
-- HOPE for Homeowners Act of 2008
-- Housing Assistance Tax Act of 2008
-- Housing Tax Credit Coordination Act of 2008
-- Mortgage Disclosure Improvement Act of 2008
-- S.A.F.E. Mortgage Licensing Act of 2008
-- Secure and Fair Enforcement for Mortgage Licensing Act of 2008
-- Small Public Housing Authorities Paperwork Reduction Act
Related:
See the Related Legislation page for other bills related to this one and a list of subject terms that have been applied to this bill. Sometimes the text of one bill or resolution is incorporated into another, and in those cases the original bill or resolution, as it would appear here, would seem to be abandoned.
Votes:
Aug 4, 2007: This bill passed in the House of Representatives by roll call vote. The totals were 241 Ayes, 172 Nays, 20 Present/Not Voting. Vote Details.
You are not tracking any senators or representatives. To see their votes here, look up a Member of Congress.
Feb 28, 2008: This bill failed a cloture motion, preventing consideration of the bill, in the Senate by roll call vote. The totals were 48 Ayes, 46 Nays, 6 Present/Not Voting. Vote Details.
You are not tracking any senators or representatives. To see their votes here, look up a Member of Congress.
Apr 10, 2008: This bill passed in the Senate by roll call vote. The totals were 84 Ayes, 12 Nays, 4 Present/Not Voting. Vote Details.
You are not tracking any senators or representatives. To see their votes here, look up a Member of Congress.
View all 31 votes on this bill.
Question & Answer
Can you answer any of these questions posed by other users? Think of it as a civic good deed. See 58 more questions posed on this topic or submit your own question on the Q&A page.
Aug 26, 2009 3:36 PM - I closed on my home in Dec of 2008 and received the tax credit of 7500.00. Since then, the bill has been updated since to an 8000.00 credit that does not have to be paid back. Does that mean I will no longer have to pay my tax credit back? - Answer it!
Oct 13, 2009 4:39 PM - So I am trying to get the Obama remod. My refi closed and funded on Dec. 31st 2008. Citi is telling me that I don't qualify for this because they didn't record this until the 12th of Jan. 2009. I just heard that it had to be recorded on my end. Is this true? - Answer it!

Sources of Influence

MAPLight.org reports that the following organizations have taken a stance on this bill:

SupportOppose
National Neighborworks Association
National Association of Home Builders
Securities Industry and Financial Markets Association
National Association of Realtors
Fannie Mae
Builders League of South Jersey
Affordable Housing Tax Credit Coalition
FreedomWorks

Follow the link to MAPLight.org to see if campaign contributions from employees of these organizations are correlated with how Members of Congress voted on this bill.

Because the U.S. Congress posts most legislative information online one legislative day after events occur, GovTrack is usually one legislative day behind. For more information about where this data comes from, see About GovTrack.us.
To cite this information, click a citation format for a suggestion: APA | MLA | Wikipedia Template.
 
GovTrack.us is a project of Civic Impulse, LLC. Read about GovTrack. / Feedback (but not political opining) is welcome to , but I can't do your research for you, nor can I pass on messages to Members of Congress. This site is "copyleft": You are encouraged to reuse any material on this site. Developers: GovTrack is open source and supports open knowledge.
This material is Open Knowlege
Open Source (OSI) Logo