Protecting Affordable Mortgages for Veterans Act of 2019

USA116^th CongressS-1749| Senate

| Updated: 7/25/2019

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

Jun 5, 2019

Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote. (consideration: CR S3267; text: CR S3267)

Jun 5, 2019

Introduced in Senate

Jun 5, 2019

Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.(consideration: CR S3267; text: CR S3267)

Jun 10, 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.

Jun 10, 2019

Message on Senate action sent to the House.

Jun 10, 2019

Received in the House.

Jul 9, 2019

Committee on Financial Services discharged.

Jul 9, 2019

Committee on Veterans' Affairs discharged.

Jul 9, 2019

Mr. Clay asked unanimous consent to discharge from committee and consider.

Jul 9, 2019

Considered by unanimous consent. (consideration: CR H5289)

Jul 9, 2019

On passage Passed without objection. (text: CR H5289)

Jul 9, 2019

Passed/agreed to in House: On passage Passed without objection.(text: CR H5289)

Jul 9, 2019

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

Jul 10, 2019

Latest Companion Bill Action

HR 116-1988

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

Jul 15, 2019

Presented to President.

Jul 25, 2019

Signed by President.

Jul 25, 2019

Became Public Law No: 116-33.

June 5, 2019
Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote. (consideration: CR S3267; text: CR S3267)
June 5, 2019
Introduced in Senate
June 5, 2019
Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.(consideration: CR S3267; text: CR S3267)
June 10, 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.
June 10, 2019
Message on Senate action sent to the House.
June 10, 2019
Received in the House.
July 9, 2019
Committee on Financial Services discharged.
July 9, 2019
Committee on Veterans' Affairs discharged.
July 9, 2019
Mr. Clay asked unanimous consent to discharge from committee and consider.
July 9, 2019
Considered by unanimous consent. (consideration: CR H5289)
July 9, 2019
On passage Passed without objection. (text: CR H5289)
July 9, 2019
Passed/agreed to in House: On passage Passed without objection.(text: CR H5289)
July 9, 2019
Motion to reconsider laid on the table Agreed to without objection.
July 10, 2019
Latest Companion Bill Action
HR 116-1988
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143.
July 15, 2019
Presented to President.
July 25, 2019
Signed by President.
July 25, 2019
Became Public Law No: 116-33.