Summary
H.R. 836 would terminate the Emergency Relief Program (EMRP), which provides government subsidies rather than loans, and rescind unobligated funding, reducing federal deficits by $840 million according to CBO estimates.
Rules Resource for H.R. 836 -- Emergency Mortgage Relief Program Termination Act
Type of Rule
Modified Open rule for consideration of the measure. Reported by a recorded vote of 7-4.
Amendments
Amendments must be pre-printed in the Congressional Record by the end of business on March 9, 2011.
Other Elements of the Rule
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Total Debate Time: Provides 1 hour of general debate equally divided and controlled by the chair and the ranking minority member of the Committee on Financial Services.
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Floor Managers: Sessions/Slaughter
Floor Action Expected
The rule and the bill are expected to be debated on the floor on: March 9, March 10, and March 11, 2011