Protecting Affordable Mortgages for Veterans Act of 2019

USA116^th CongressHR-1988| House

| Updated: 7/10/2019

Protecting Affordable Mortgages for Veterans Act of 2019 This bill revises loan seasoning requirements related to a refinanced Department of Veterans Affairs (VA) housing loan. Under current law, the VA is prohibited from guaranteeing a refinanced home loan until the date that is the later of (1) the date on which the sixth monthly payment is made, or (2) the date that is 210 days after the first payment is made. This bill modifies this date to (1) when the borrower has made six consecutive monthly payments, or (2) 210 days after the first payment is due.

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Timeline

Mar 28, 2019

Introduced in House

Mar 28, 2019

Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

May 1, 2019

Referred to the Subcommittee on Economic Opportunity.

May 1, 2019

Subcommittee Consideration and Mark-up Session Held.

May 1, 2019

Forwarded by Subcommittee to Full Committee by Voice Vote .

Jul 9, 2019

Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 116-138, Part I.

Jul 9, 2019

Ms. Waters moved to suspend the rules and pass the bill, as amended.

Jul 9, 2019

Considered under suspension of the rules. (consideration: CR H5274-5276)

Jul 9, 2019

DEBATE - The House proceeded with forty minutes of debate on H.R. 1988.

Jul 9, 2019

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5274)

Jul 9, 2019

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5274)

Jul 9, 2019

Motion to reconsider laid on the table Agreed to without objection.

Jul 10, 2019

Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143.

Jul 25, 2019

Latest Companion Bill Action

S 116-1749

Signed by President.

March 28, 2019
Introduced in House
March 28, 2019
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 1, 2019
Referred to the Subcommittee on Economic Opportunity.
May 1, 2019
Subcommittee Consideration and Mark-up Session Held.
May 1, 2019
Forwarded by Subcommittee to Full Committee by Voice Vote .
July 9, 2019
Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 116-138, Part I.
July 9, 2019
Ms. Waters moved to suspend the rules and pass the bill, as amended.
July 9, 2019
Considered under suspension of the rules. (consideration: CR H5274-5276)
July 9, 2019
DEBATE - The House proceeded with forty minutes of debate on H.R. 1988.
July 9, 2019
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5274)
July 9, 2019
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5274)
July 9, 2019
Motion to reconsider laid on the table Agreed to without objection.
July 10, 2019
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143.
July 25, 2019
Latest Companion Bill Action
S 116-1749
Signed by President.