About the bill
H.R. 1699 amends the Truth in Lending Act (15 U.S.C. 1601) to allow for the first mortgage on a homeowner’s principal home to not be considered “high cost” if (1) the mortgage annual percentage rate (APR), at the time of consummation of the loan, does not exceed 10 percent of the average prime offer rate (APOR) (2) the transaction does not exceed $75,000 and, (3) the mortgage points and fees paid to the mortgage originator do not exceed 5 percent of the transaction or $3 ...
Sponsor and status
Sponsor. Representative for Kentucky's 6th congressional district. Republican.
Last Updated: Dec 4, 2017
Length: 5 pages
Mar 23, 2017
115th Congress, 2017–2019
Died in a previous Congress
This bill was introduced in a previous session of Congress and was passed by the House on December 1, 2017 but was never passed by the Senate.
H.R. 1699 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
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GovTrack.us. (2019). H.R. 1699 — 115th Congress: Preserving Access to Manufactured Housing Act of 2017. Retrieved from https://www.govtrack.us/congress/bills/115/hr1699
“H.R. 1699 — 115th Congress: Preserving Access to Manufactured Housing Act of 2017.” www.GovTrack.us. 2017. January 24, 2019 <https://www.govtrack.us/congress/bills/115/hr1699>
Preserving Access to Manufactured Housing Act of 2017, H.R. 1699, 115th Cong..
|title=H.R. 1699 (115th)
|accessdate=January 24, 2019
|author=115th Congress (2017)
|date=March 23, 2017
|quote=Preserving Access to Manufactured Housing Act of 2017
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