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United States · Bill · HR

H.R. 6325 (97th)

Housing and Automobile Industries Recovery Act of 1982

referredUnited States· United States Congress· EN

Introduced

6 May 1982

Last action

28 May 1982 · Referred

Status

Referred to Subcommittee on Labor-Management Relations.

Sponsors

Rep. Siljander, Mark D. [R-MI-4], Rep. Michel, Robert H. [R-IL-18], Sen. Lott, Trent [R-MS], Rep. Conte, Silvio O. [R-MA-1], Rep. Albosta, Donald J. [D-MI-10], Rep. Frank, Barney [D-MA-4], Rep. Pursell, Carl D. [R-MI-2], Rep. Rahall, Nick J., II [D-WV-3], Rep. McClory, Robert [R-IL-13], Rep. McEwen, Bob [R-OH-6], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. Gunderson, Steve [R-WI-3], Sen. Craig, Larry E. [R-ID], Rep. Bereuter, Doug [R-NE-1], Rep. Emery, David F. [R-ME-1], Rep. Wilson, Charles [D-TX-2], Rep. Daub, Hal [R-NE-2], Rep. Johnston, Eugene (Gene) [R-NC-6], Rep. Napier, John L. [R-SC-6], Rep. Wolf, Frank R. [R-VA-10], Rep. Roberts, Clint [R-SD-2], Rep. Forsythe, Edwin B. [R-NJ-6], Rep. Whitehurst, G. William [R-VA-2], Rep. Dunn, Jim [R-MI-6], Rep. Brodhead, William [D-MI-17], Rep. Kindness, Thomas N. [R-OH-8], Rep. Wright, James C., Jr. [D-TX-12], Rep. Annunzio, Frank [D-IL-11], Rep. Archer, Bill [R-TX-7], Rep. Broomfield, William S. [R-MI-18], Rep. Carney, William [R-NY-1], Rep. Clausen, Don H. [R-CA-2], Sen. Coats, Daniel [R-IN], Rep. Dannemeyer, William E. [R-CA-39], Rep. Davis, Robert W. [R-MI-11], Rep. Dornan, Robert K. [R-CA-46], Rep. Hammerschmidt, John P. [R-AR-3], Rep. Hiler, John Patrick [R-IN-3], Rep. Holt, Marjorie S. [R-MD-4], Rep. Latta, Delbert L. [R-OH-5], Rep. Lee, Gary A. [R-NY-33], Rep. McDade, Joseph M. [R-PA-10], Rep. Molinari, Guy [R-NY-14], Rep. Mottl, Ronald M. [D-OH-23], Rep. Moorhead, Carlos J. [R-CA-22], Rep. Myers, John T. [R-IN-7], Rep. Sawyer, Harold S. [R-MI-5], Rep. Skeen, Joe [R-NM-2]

Subjects

Housing

Source updated

23 March 2026

Housing

Summary

Housing and Automobile Industries Recovery Act of 1982 - Title I: Exemption for the Purchase of Certain Bonds by Employee Pension Benefit Plans - Provides a temporary exemption from certain provisions of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code relating to prohibited transactions for the purchase of certain bonds sold to fund residential mortgages and domestic motor vehicle loans. Title II: Interest Reduction Payments - Provides for interest reduction payments by the Secretary of Housing and Urban Development to assist with the financing of the purchase of certain residences and domestic motor vehicles. Sets forth: (1) requirements and restrictions for eligible loans and mortgages; and (2) guidelines for the allocation of such payments. Authorizes appropriations for FY 1982 through 1988 to carry out this title. Prohibits the Secretary from making any commitments to make interest reduction payments under this title after August 31, 1983.

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

Timeline

  1. 6 May 1982

    Introduced

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

    Source: IntroReferral

  2. 6 May 1982

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 6 May 1982

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 17 May 1982

    Referred

    Referred to Subcommittee on Housing and Community Development.

    Source: Committee

  5. 28 May 1982

    Referred

    Referred to Subcommittee on Labor-Management Relations.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

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Sponsors

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Sources

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