To provide regulatory relief to charitable organizations that provide housing assistance, and for other purposes.
Building Up Independent Lives and Dreams Act or the BUILD Act
This bill allows nonprofit organizations offering mortgage loans for charitable purposes to use certain alternative forms to satisfy disclosure requirements.
Became Public Law No: 116-342.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Ms. Waters moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H3767-3769)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1060.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H3767)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3767)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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