To amend the Federal Home Loan Bank Act to permit captive insurance companies that were members of a Federal Home Loan Bank prior to September 12, 2014, to continue to be eligible to be members of such a Bank, and for other purposes.
USA115th CongressHR-2890| House
| Updated: 6/13/2017
Randy Hultgren
Republican Representative
Illinois
Cosponsors (26)
F. James Sensenbrenner (Republican)Robin L. Kelly (Democratic)Mark Pocan (Democratic)Bill Foster (Democratic)Darin LaHood (Republican)Bobby L. Rush (Democratic)Danny K. Davis (Democratic)Luke Messer (Republican)Rodney Davis (Republican)Peter J. Roskam (Republican)Raja Krishnamoorthi (Democratic)Glenn Grothman (Republican)Luis V. Gutierrez (Democratic)Mike Gallagher (Republican)Daniel Lipinski (Democratic)Mike Quigley (Democratic)Mike Bost (Republican)Janice D. Schakowsky (Democratic)Ron Kind (Democratic)Adam Kinzinger (Republican)Ed Perlmutter (Democratic)Scott R. Tipton (Republican)Gwen Moore (Democratic)Cheri Bustos (Democratic)Bradley Scott Schneider (Democratic)John Shimkus (Republican)
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Housing Opportunity Mortgage Expansion Act This bill amends the Federal Home Loan Bank Act to continue Federal Home Loan Bank (FHLB) membership for captive insurance companies that became members prior to publication of the proposed (now final) Federal Housing Finance Agency rule ending their FHLB membership. (A captive insurance company underwrites insurance for its parent company and does not provide insurance to the public.) The parent company must support residential mortgage activities.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Banking and financial institutions regulationHousing finance and home ownershipInsurance industry and regulation
To amend the Federal Home Loan Bank Act to permit captive insurance companies that were members of a Federal Home Loan Bank prior to September 12, 2014, to continue to be eligible to be members of such a Bank, and for other purposes.
USA115th CongressHR-2890| House
| Updated: 6/13/2017
Housing Opportunity Mortgage Expansion Act This bill amends the Federal Home Loan Bank Act to continue Federal Home Loan Bank (FHLB) membership for captive insurance companies that became members prior to publication of the proposed (now final) Federal Housing Finance Agency rule ending their FHLB membership. (A captive insurance company underwrites insurance for its parent company and does not provide insurance to the public.) The parent company must support residential mortgage activities.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Randy Hultgren
Republican Representative
Illinois
Cosponsors (26)
F. James Sensenbrenner (Republican)Robin L. Kelly (Democratic)Mark Pocan (Democratic)Bill Foster (Democratic)Darin LaHood (Republican)Bobby L. Rush (Democratic)Danny K. Davis (Democratic)Luke Messer (Republican)Rodney Davis (Republican)Peter J. Roskam (Republican)Raja Krishnamoorthi (Democratic)Glenn Grothman (Republican)Luis V. Gutierrez (Democratic)Mike Gallagher (Republican)Daniel Lipinski (Democratic)Mike Quigley (Democratic)Mike Bost (Republican)Janice D. Schakowsky (Democratic)Ron Kind (Democratic)Adam Kinzinger (Republican)Ed Perlmutter (Democratic)Scott R. Tipton (Republican)Gwen Moore (Democratic)Cheri Bustos (Democratic)Bradley Scott Schneider (Democratic)John Shimkus (Republican)
Financial Services Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Banking and financial institutions regulationHousing finance and home ownershipInsurance industry and regulation