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United States · Bill · HR

H.R. 2148 (115th)

Clarifying Commercial Real Estate Loans

referredUnited States· United States Congress· EN

Introduced

26 April 2017

Last action

8 November 2017 · Introduced

Status

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Robert Pittenger, David Scott, Mark Walker, Dennis Ross, Ann Wagner, Andy Barr, Scott Tipton, Steve Stivers, Rep. Gottheimer, Josh [D-NJ-5], Rep. Fitzpatrick, Brian K. [R-PA-1], Mike Coffman, Ted Budd, Luke Messer, Blaine Luetkemeyer, Barry Loudermilk, Tom Emmer, Warren Davidson

Subjects

Discovery layer

Source updated

5 December 2025

Official sourceDownload fileView documentsShare

Summary

Clarifying Commercial Real Estate Loans This bill amends the Federal Deposit Insurance Act to specify that a federal banking agency may not subject a depository institution to higher capital standards with respect to a high-volatility commercial real-estate (HVCRE) exposure unless the exposure is an HVCRE acquisition, development, or construction (ADC) loan. An HVCRE ADC loan is a one that: (1) is secured by land or improved real property; (2) has the purpose of providing financing to acquire, develop, or improve the real property such that the property becomes income-producing; and (3) is dependent upon future income or sales proceeds from, or refinancing of, the real property for the repayment of the loan. An HVCRE ADC loan does not include financing for a one- to four-family residential property, agricultural land, real property that would qualify as an investment in community development, existing income-producing real property secured by a mortgage, or certain commercial real-property projects. Furthermore, such a loan does not include any loan made prior to January 1, 2015. A depository institution may reclassify a loan as a non-HVCRE ADC loan if the depository institution is satisfied that: (1) the acquisition, development, or improvement of real property being financed by the loan is complete; and (2) the cash flow being generated by the real property is sufficient to support the debt service and expenses of the real property.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 26 April 2017

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 26 April 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 26 April 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 12 July 2017

    Committee

    Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

    Source: Committee

  5. 11 October 2017

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  6. 12 October 2017

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 59 - 1.

    Source: Committee

  7. 12 October 2017

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  8. 6 November 2017

    Calendars

    Placed on the Union Calendar, Calendar No. 288.

    Source: Calendars

  9. 6 November 2017

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-392.

    Source: Committee

  10. 6 November 2017

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-392.

    Source: Committee

  11. 7 November 2017

    Passed

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

    Source: Floor

  12. 7 November 2017

    Passed

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8547-8548)

    Source: Floor

  13. 7 November 2017

    Passed

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H8547-8548)

    Source: Floor

  14. 7 November 2017

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 2148.

    Source: Floor

  15. 7 November 2017

    Floor

    Considered under suspension of the rules. (consideration: CR H8547-8550)

    Source: Floor

  16. 7 November 2017

    Floor

    Mr. Huizenga moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  17. 8 November 2017

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

11 official files

Referred in Senate (text)

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Sponsors

Related records

Sources

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