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United States · Bill · S

S. 2697 (113th)

A bill to amend the Truth in Lending Act to clarify the application of the qualified mortgage rule to rural lenders, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

30 July 2014

Last action

30 July 2014 · Introduced

Status

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

Sponsors

Sen. King, Angus S., Jr. [I-ME], Sen. Warner, Mark R. [D-VA]

Subjects

Taxation

Source updated

14 January 2025

Taxation

Summary

Amends the Truth in Lending Act to limit to a city or town with under 50,000 inhabitants the meaning of "rural" with respect to rural lenders which may presume that the applicant for a residential mortgage loan has a reasonable ability to repay the loan and all applicable taxes, insurance, and assessments.

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

Timeline

  1. 30 July 2014

    Introduced

    Introduced in Senate

    Source: IntroReferral

  2. 30 July 2014

    Introduced

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

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 30 July 2014

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 30 July 2014

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 30 July 2014

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

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Sponsors

Related records

Sources

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