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United States · Bill · HR

H.R. 2875 (96th)

A bill to exempt loans and mortgages insured under title I or II of the National Housing Act from usury provisions of State constitution or statutes.

referredUnited States· United States Congress· EN

Introduced

14 March 1979

Last action

14 March 1979 · Introduced

Status

Referred to House Committee on Banking, Finance and Urban Affairs.

Sponsors

Rep. Bethune, Ed [R-AR-2]

Subjects

Rule of law, Housing

Source updated

6 February 2024

Rule of law · Housing

Summary

Exempts from State usury laws loans and mortgages insured under the mortgage insurance and housing renovation and modernization programs of the National Housing Act. Declares that such exemption shall apply until the effective date of State legislation limiting the amount of interest on such loans and mortgages.

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

Timeline

  1. 14 March 1979

    Introduced

    Referred to House Committee on Banking, Finance and Urban Affairs.

    Source: IntroReferral

  2. 14 March 1979

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 14 March 1979

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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