Bill Summary & Status
111th Congress (2009 - 2010)
S.AMDT.3962
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S.AMDT.3962
Amends: S.3217 , S.AMDT.3739
Amendments to this amendment: S.AMDT.4074
Sponsor: Sen Merkley, Jeff [OR] (submitted 5/11/2010) (proposed 5/11/2010)
AMENDMENT PURPOSE:
To prohibit certain payments to loan originators and to require verification by lenders of the ability of consumers to repay loans.
TEXT OF AMENDMENT AS SUBMITTED: CR S3558-3559
STATUS:
- 5/11/2010:
- Amendment SA 3962 proposed by Senator Merkley to Amendment SA 3739. (consideration: CR S3516-3521)
- 5/12/2010:
- Considered by Senate. (consideration: CR S3569, S3573-3574)
- 5/12/2010:
- Amendment SA 3962 agreed to in Senate by Yea-Nay. 63 - 36. Record Vote Number: 141.
COSPONSORS(10):
Sen Klobuchar, Amy [MN]
- 5/11/2010
Sen Schumer, Charles E. [NY]
- 5/11/2010
Sen Snowe, Olympia J. [ME]
- 5/11/2010
Sen Brown, Scott P. [MA]
- 5/11/2010
Sen Begich, Mark [AK]
- 5/11/2010
Sen Boxer, Barbara [CA]
- 5/11/2010
Sen Dodd, Christopher J. [CT]
- 5/11/2010
Sen Kerry, John F. [MA]
- 5/11/2010
Sen Franken, Al [MN]
- 5/11/2010
Sen Levin, Carl [MI]
- 5/11/2010
