HR 8480 · 118th Congress · Finance and Financial Sector
American Homeowner Crypto Modernization Act of 2024
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Economic Opportunity.(2024-07-17)
Plain Language Summary
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[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8480 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8480 To require agencies to update mortgage underwriting programs, guidelines, standards, and systems to require lenders to consider, in the mortgage credit evaluation process, any amounts a borrower has in any brokerage account associated with a cryptocurrency exchange. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 21, 2024 Ms. Mace (for herself and Mr. Khanna) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To require agencies to update mortgage underwriting programs, guidelines, standards, and systems to require lenders to consider, in the mortgage credit evaluation process, any amounts a borrower has in any brokerage ac…
Summarized by Claude AI · Non-partisan · For informational purposes only