H.R. 8815 (95th): A bill to provide that any bank or depository institution situated in a standard metropolitan statistical area must invest 25 percent of its mortgage portfolio in loans secured by real property situated in inner cities located within the standard metropolitan statistical area in which the depository institution is situated.

Introduced:
Aug 05, 1977 (95th Congress, 1977–1978)
Sponsor:
Rep. Herman Badillo [D-NY21]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

(About Ads | Advertise Here)
Status

This bill was introduced on August 5, 1977, in a previous session of Congress, but was not enacted.

Progress
Introduced Aug 05, 1977
Referred to Committee Aug 05, 1977
Cosponsors
none
Committees

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

Summary

No summaries available.

Text

Text not yet available.

Primary Source

View on THOMAS (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here.

Citation

Click a format for a citation suggestion:

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

8/5/1977--Introduced.
Requires that any bank or depository institution situated in a standard metropolitan statistical area must invest 25 percent of its mortgage portfolio in loans secured by real property situated in inner cities located within the standard metropolitan statistical area in which the depository institution is situated.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.