HR 1481 · 107th Congress · Housing and Community Development

FHA Shutdown Prevention Act

Introduced 2001-04-04· Sponsored by Rep. LaFalce, John J. [D-NY-29]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Housing and Community Opportunity.(2001-04-24)

Plain Language Summary

[AI summary unavailable — showing source text] FHA Shutdown Prevention Act - Amends the National Housing Act to permit the use of negative credit subsidy from the General Insurance Fund or the Special Risk Insurance Fund for specific housing insurance mortgage or loan commitments. Considers such negative credit subsidies as new budget authority provided in advance of an appropriations Act for the fiscal year concerned.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (4)

3 Democrats1 Republican
Rep. Frank, Barney [D-MA-4]MA
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Jones, Stephanie Tubbs [D-OH-11]OH
Rep. Clement, Bob [D-TN-5]TN