To amend the Housing Act of 1949 to extend the loan guarantee program for multifamily rental housing in rural areas.
Rural Multifamily Rental Housing Loan Guarantee Extension Act of 1997 - Amends the Housing Act of 1949, with regard to rural multifamily rental housing loan guarantees, to extend the: (1) authorization of appropriations; and (2) annual guarantee limitations, but bases such limitations on fiscal year appropriations.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E14)
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Housing and Community Opportunity.
Mr. Lazio moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H1299-1302)
DEBATE - The House proceeded with forty minutes of debate.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H1306)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 397 - 14 (Roll no. 72).
Roll Call #72 (House)On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 397 - 14 (Roll no. 72).
Roll Call #72 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate.
Read twice and referred to the Committee on Banking.
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