US HB8480 | 2023-2024 | 118th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 21 2024 - 25% progression
Action: 2024-07-17 - Referred to the Subcommittee on Economic Opportunity.
Pending: House Subcommittee on Economic Opportunity Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 21 2024 - 25% progression
Action: 2024-07-17 - Referred to the Subcommittee on Economic Opportunity.
Pending: House Subcommittee on Economic Opportunity Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
American Homeowner Crypto Modernization Act of 2024
Sponsors
| Rep. Nancy Mace [R-SC] | Rep. Ro Khanna [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-07-17 | House | Referred to the Subcommittee on Economic Opportunity. |
| 2024-05-21 | House | 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. |
| 2024-05-21 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/house-bill/8480/all-info |
| Text | https://www.congress.gov/118/bills/hr8480/BILLS-118hr8480ih.pdf |
