H.R. 5003 (111th): Rural Housing Improvement Act of 2010

Introduced:
Apr 13, 2010 (111th Congress, 2009–2010)
Status:
Died (Referred to Committee)
Sponsor
Shelley Capito
Representative for West Virginia's 2nd congressional district
Party
Republican
Text
Read Text »
Last Updated
Apr 13, 2010
Length
2 pages
Related Bills
H.R. 5017 (Related)
Rural Housing Preservation and Stabilization Act of 2010

Passed House
Last Action: Apr 27, 2010

 
Status

This bill was introduced on April 13, 2010, in a previous session of Congress, but was not enacted.

Progress
Introduced Apr 13, 2010
Referred to Committee Apr 13, 2010
 
Full Title

To increase the loan guarantee fee for rural housing loans guaranteed under section 502(h) of the Housing Act of 1949.

Summary

No summaries available.

Cosponsors
2 cosponsors (2R) (show)
Committees

House Financial Services

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

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

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Library of Congress Summary

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


4/13/2010--Introduced.
Rural Housing Improvement Act of 2010 - Amends the Housing Act of 1949 and the Doug Bereuter Section 502 Single Family Housing Loan Guarantee Act to increase from up to 1% to at least 3% but not more than 4% the guarantee fee on loans for housing and buildings on adequate farms, as determined sufficient by the Secretary of Agriculture to cover the costs of such guaranteed loans.
Amends the Agriculture, Rural Development, Food and Drug Administration and Related Agencies Appropriation Act, 2001 to repeal the maximum limit on the loan guarantee fee of 2%.
Amends the Housing Act of 1949 to authorize the Secretary to guarantee such loans in aggregate amounts of up to $8 billion for FY2010, in addition to such guaranteed loans authorized in other Acts for FY2010.

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

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