Rules Resource for H.R. 836 -- Emergency Mortgage Relief Program Termination Act
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.
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
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.
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