Historic Properties Improvement Loan Act
Latest action. Referred to House Committee on Interior and Insular Affairs.
Historic Properties Improvement Loan Act - Title I: Assistance for the Preservation of Historic Structures under Certain Housing Laws - Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to insure financial institutions against losses resulting from loans for the purpose of preserving historic structures regardless of whether they are residential. Increases the limit on the size of a loan financing a historic structure preservation which may be insured under this Act. Amends the Housing Act of 1964 to authorize the Secretary to make loans to finance the rehabilitation of historic structures. Redefines the term "historic structure" as any structure registered in the National Register of Historic Places or certified as such by the Secretary of the Interior. Permits increases of up to 30 percent of the amount of a loan allowed under this Act, if such increase in necessary for architectural rehabilitation of historic structures. Title II: Authorization of Matching Assistance for the Preservation of Historic Structures under Certain Housing Laws and the Act of October 15, 1966 - Permits the making of matching grants to States for historic preservation projects regardless of whether such projects receive federally insured or guaranteed loans or direct loans.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on August 5, 1977. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on August 5, 1977: Referred to House Committee on Interior and Insular Affairs.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 95th Congress (1977-78), 633 of the 19,387 bills and joint resolutions introduced became law, about 3.3 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
WALTER FAUNTROY (D-DC) introduced it on August 5, 1977, and 7 members have since signed on as cosponsors.
They are 7 Democrats.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on August 5, 1977, 17933 days ago. The most recent recorded action was 17933 days ago, on August 5, 1977.
Measures do not carry over. Anything the 95th Congress has not finished by January 3, 1979 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers