American Homeowner Crypto Modernization Act of 2024

House Bill 8480 - American Homeowner Crypto Modernization Act of 2024: Overview, Status, and Impact

Hozzl · 2024-07-23T08:05:43Z

Explore the details of House Bill 8480 American Homeowner Crypto Modernization Act of 2024 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

7/23/2024, 8:05 AM

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Current Status of Bill HR 8480

Bill HR 8480 is currently in the status of Bill Introduced since May 21, 2024. Bill HR 8480 was introduced during Congress 118 and was introduced to the House on May 21, 2024. Bill HR 8480's most recent activity was Referred to the Subcommittee on Economic Opportunity. as of July 17, 2024

Bipartisan Support of Bill HR 8480

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 8480

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 8480

American Homeowner Crypto Modernization Act of 2024

To require agencies to update mortgage underwriting programs, guidelines, standards, and systems to require lenders to consider, in the mortgage credit evaluation process, any amounts a borrower has in any brokerage account associated with a cryptocurrency exchange.