Senate Bill 1749
116th Congress(2019-2020)
Protecting Affordable Mortgages for Veterans Act of 2019
Became Law
Became Public Law 116-33 on Jul 25, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1749
Congress
116
Policy Area
Housing and Community Development
Housing and Community Development
Primary focus of measure is home ownership; housing programs administration and funding; residential rehabilitation; regional planning, rural and urban development; affordable housing; homelessness; housing industry and construction; fair housing. Measures concerning mortgages and mortgage finance may fall under Finance and Financial Sector policy area.
checkPassed on June 5, 2019
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
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)
Summary
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.
June 10, 2019
June 5, 2019
June 5, 2019
07/25/2019
Became Public Law No: 116-33.
07/25/2019
Signed by President.
07/15/2019
Presented to President.
07/09/2019
Motion to reconsider laid on the table Agreed to without objection.
07/09/2019
On passage Passed without objection. (text: CR H5289)
07/09/2019
Passed/agreed to in House: On passage Passed without objection.(text: CR H5289)
07/09/2019
Considered by unanimous consent. (consideration: CR H5289)
07/09/2019
Committee on Veterans' Affairs discharged.
07/09/2019
Committee on Financial Services discharged.
07/09/2019
Mr. Clay asked unanimous consent to discharge from committee and consider.
06/10/2019
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.
06/10/2019
Received in the House.
06/10/2019
Message on Senate action sent to the House.
06/05/2019
Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote. (consideration: CR S3267; text: CR S3267)
06/05/2019
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)
06/05/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 6:32:26 AM