S. 3Senate111th Congress (2009-2011)Introduced

Homeowner Protection and Wall Street Accountability Act of 2009

Sponsored by Harry ReidSen. Harry Reid (D-NV)
Introduced January 6, 2009

Legislative Activity

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2 earlier actions
SenateCalendars Latest Action

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 3.

January 7, 2009

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SenateIntro Referral

Introduced in Senate

January 6, 2009

SenateCalendars

Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text of measure as introduced: CR S44)

January 6, 2009

SenateCalendars

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 3.

January 7, 2009

Floor Debate

21 members

What members said about S. 3 on the floor

6 Republicans15 Democrats
Dianne Feinstein
Sen. Dianne FeinsteinD-CA · Jan 6, 2009

Mr. President, I am pleased to join Senators Schumer, Snowe, and Boxer in introducing legislation to prohibit the selling and counterfeiting of tickets to the Presidential inaugural ceremony. The…

Daniel K. Inouye
Sen. Daniel K. InouyeD-HI · Jan 6, 2009

Mr. President, today I introduce the Clinical Social Workers' Recognition Act to correct a continuing problem in the Federal Employees Compensation Act. This bill will also provide clinical social…

John McCain
Sen. John McCainR-AZ · Jan 6, 2009

Mr. President, I am pleased to be joined by Senator Ensign in introducing the Abolishing Aviation Barriers Act of 2009. This bill would remove the arbitrary restrictions that prevent Americans from…

Herb Kohl
Sen. Herb KohlD-WI · Jan 6, 2009

Mr. President, I rise today to introduce the Generics First Act. This legislation requires the Federal Government's Medicare Part D prescription drug program to use generic drugs whenever available,…

Patrick J. Leahy
Sen. Patrick J. LeahyD-VT · Jan 6, 2009

Mr. Presdient, as we begin the 111th Congress, we will try, once again, to enact comprehensive immigration reforms that have eluded us in the past several years. With an administration that…

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John F. Kerry
Sen. John F. KerryD-MA · Jan 6, 2009

Mr. President, it is my great hope that Congress will move this year to see that the successful, bipartisan State Children's Health Insurance Program, SCHIP, is allowed the opportunity to fulfill its…

Olympia J. Snowe
Sen. Olympia J. SnoweR-ME · Jan 6, 2009

Mr. President, I rise today to reintroduce a bill I offered last December that will provide much-needed relief to struggling families across America. The Unemployment Benefit Tax Suspension Act of…

Joseph I. Lieberman
Sen. Joseph I. LiebermanD-CT · Jan 6, 2009

Mr. President, I am honored to have the opportunity today, obviously early on this first day of this new session of Congress, together with my colleague from Utah, Senator Hatch, to introduce…

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Jan 6, 2009

Mr. President, as the 111th Congress begins, the most important item on our agenda is to help end the worst economic crisis America has faced since the Great Depression. I look forward to working…

Russell D. Feingold
Sen. Russell D. FeingoldD-WI · Jan 6, 2009

Mr. President, I would like to thank the senior Senator from Wisconsin for his hard work to address antitrust issues in the rail industry along with other industries as Chairman of the Antitrust,…

Steve Cohen
Rep. Steve CohenD-TN-9 · Jun 16, 2010

Mr. Speaker, I move to suspend the rules and agree to the concurrent resolution (H. Con. Res. 242) honoring and praising the National Association for the Advancement of Colored People on the occasion…

Orrin G. Hatch
Sen. Orrin G. HatchR-UT · Jan 6, 2009

Mr. President, as I did in the last Congress, I am cosponsoring the legislation introduced today by the Senator from Connecticut to provide a House seat for the District of Columbia and an additional…

Kay Bailey Hutchison
Sen. Kay Bailey HutchisonR-TX · Jan 6, 2009

Mr. President, I am pleased to introduce a bill to permanently correct an injustice in the tax code that has harmed citizens in many States of this great Nation. State and local governments have…

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Al Green
Rep. Al GreenD-TX-9 · Jun 16, 2010

Mr. Speaker, I especially want to thank the gentleman from Tennessee (Mr. Cohen) for working with us on this resolution. I especially want to thank the ranking member, Mr. Smith, for his working with…

Sanford D. Bishop, Jr.
Rep. Sanford D. Bishop, Jr.D-GA-2 · Jun 16, 2010

Mr. Speaker, for over 100 years the mission of the National Association for the Advancement of Colored People (NAACP) has been to ensure the political, educational, social, and economic equality of…

Lamar Smith
Rep. Lamar SmithR-TX-21 · Jun 16, 2010

Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, this resolution recognizes the 101st anniversary of the founding of the National Association for the Advancement of Colored…

Diane E. Watson
Rep. Diane E. WatsonD-CA-33 · Jun 16, 2010

Mr. Speaker, and to the authors and cosponsors of this resolution, I just want to add to the testimony that you have already heard in support of this resolution commending the NAACP, that many of us…

Sam Farr
Rep. Sam FarrD-CA-17 · Jun 16, 2010

Mr. Speaker, I'm a proud lifelong member of the NAACP, and today I join my colleagues in celebrating its 101st anniversary. The Monterey County Branch of the NAACP was created in 1932. Our chapter…

Frank D. Lucas
Rep. Frank D. LucasR-OK-3 · Feb 25, 2009

Madam Speaker, pursuant to the Republican Leadership standards on earmarks, I am submitting the following information regarding earmarks I received as part of FY 2009 Omnibus. Requesting Member:…

Sheldon Whitehouse
Sen. Sheldon WhitehouseD-RI · Jan 6, 2009

Mr. President, I understand there are 12 bills at the desk, and I ask for their first reading en bloc. Mr. President, I ask unanimous consent that further reading of the bills be dispensed with. Mr.…

Harry Reid
Sen. Harry ReidD-NV · Jan 6, 2009

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record. Mr. President, I ask unanimous consent that the text of the joint resolution be printed in the Record.

Harry Reid
Sen. Harry ReidD-NV · Jan 7, 2009

Mr. President, it is my understanding there are 12 bills at the desk due for a second reading. Mr. President, I object to any further proceedings with respect to these bills en bloc.

Harry Reid
Sen. Harry ReidD-NV · Jan 6, 2009

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Bill Text

Latest available legislative text

Reading Mode
Latest
Placed on Calendar SenateIssued January 7, 2009

II

Calendar No. 3

111th CONGRESS

1st Session

S. 3

IN THE SENATE OF THE UNITED STATES

January 6, 2009

Mr. Reid (for himself, Mr. Levin, Mr. Kerry, Mr. Kennedy, Mr. Begich, Mr. Durbin, Mr. Wyden, Mrs. Boxer, Mr. Menendez, Mr. Bingaman, Mr. Casey, Mr. Lautenberg, Ms. Stabenow, Mrs. McCaskill, Ms. Klobuchar, Mrs. Clinton, Mr. Schumer, Ms. Mikulski, and Mr. Brown) introduced the following bill; which was read the first time

January 7, 2009

Read the second time and placed on the calendar

A BILL

To protect homeowners and consumers by reducing foreclosures, ensuring the availability of credit for homeowners, businesses, and consumers, and reforming the financial regulatory system, and for other purposes.

1.

Short title

This Act may be cited as the Homeowner Protection and Wall Street Accountability Act of 2009.

2.

Sense of Congress

It is the sense of Congress that Congress should enact, and the President should sign, legislation—

(1)

to stabilize the housing market and assist homeowners by imposing a temporary moratorium on foreclosures, removing impediments to the modification of distressed mortgages, creating tax and other incentives to help prevent foreclosures and encourage refinancing into affordable and sustainable mortgage solutions, and pursuing other foreclosure-prevention policies through the Troubled Asset Relief Program or other programs;

(2)

to ensure the safety and soundness of the United States financial system for investors by reforming the financial-regulatory system, strengthening systemic-risk regulation, enhancing market transparency, and increasing consumer protections in financial regulation to prevent predatory lending practices;

(3)

to ensure credit-card accountability, responsibility and disclosure; and

(4)

to stabilize credit markets for small-business lenders to enhance their ability to make loans to small firms, and stimulate the small-business loan markets by temporarily streamlining and investing in the loan programs of the Small Business Administration.

January 7, 2009

Read the second time and placed on the calendar