/  Rules Resource for H.R. 839 (HAMP Termination) & H.R. 861 (NSP Termination)

Rules Resource for H.R. 839 (HAMP Termination) & H.R. 861 (NSP Termination)

Summary

 

H.R. 839 – The HAMP Termination Act of 2011: Prevents $29 billion in TARP funds from being spent to continue the Home Affordable Modification Program (HAMP).

H.R. 861 – NSP Termination Act: Rescinds the third round of funding for the Neighborhood Stabilization Program (NSP) and terminates the program.

Type of Rule

Structured rule for consideration of both measures. Reported by voice vote.

Amendments

 

H.R. 839 & H.R. 861
Republican
Democratic
Bipartisan
Submitted
3
24
0
Withdrawn
0
0
0
Made in Order
3
14
0

 

All amendments submitted that complied with the Rules of the House were made in order.

Other Elements of the Rule

 

  • Total Debate Time: Provides both measures one hour of general debate equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services.
  • Provides 10 minutes of debate for each amendment.
  • Floor Managers: Sessions/Polis

Floor Action Expected

The rule and the bill are expected to be debated on the floor on: March 16 and March 17, 2011.