Bill Sponsor
House Bill 3978
115th Congress(2017-2018)
TRID Improvement Act of 2017
Active
Amendments
Active
Passed House on Feb 14, 2018
Overview
Text
Introduced
Oct 5, 2017
Latest Action
Feb 15, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3978
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
House Votes (2)
Senate Votes (0)
Question
On Passage
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
Yea-And-Nay
Roll Number
77
House Roll Call Votes
Summary

TRID Improvement Act of 2017

This bill amends the Real Estate Settlement Procedures of 1974 to modify disclosure requirements applicable to mortgage loan transactions. Specifically, the disclosed charges for any title insurance premium shall be equal to the amount charged for each individual title insurance policy, subject to any discounts as required by either state regulation or the title company rate filings.

Text (4)
February 15, 2018
February 14, 2018
January 25, 2018
October 5, 2017
Amendments (2)
Feb 14, 2018
Agreed to in House
1
Sponsorship
House Amendment 518
An amendment numbered 1 printed in Part C of Report 115-559 to clarify that the requirement applies only to proprietary source code related to algorithmic trading, which contains prescriptive information.
Agreed To
Feb 14, 2018
Offered in House
0
Sponsorship
House Amendment 517
Pursuant to the provisions of H.Res. 736, the amendment in the nature of a substitute consisting of the text of Rules Committee Print 115-59, modified by the amendment printed in Part B of the report are considered as adopted.
Submitted
Public Record
Record Updated
Jan 11, 2023 1:38:28 PM