Govwatch

Introduced

In Committee

3

Passed One Chamber

4

Passed Both

5

Signed into Law

Sponsor

Maxine Waters

Democrat · CA · Representative

Votes with party: 97.9% (531 recorded votes)

Full profile: /officials/W000187

Source: Congress.gov · FEC

Cosponsors (23)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Financial Services.

2025-06-23

Source: Congress.gov

Committee Activity

Currently in

House Committee on Financial ServicesReferred To · 2025-06-23

Previously

Financial Services CommitteeReferred To · 2025-06-23

Plain-English Summary

This bill would likely create or expand programs to help lower-income Americans and first-time homebuyers save money for down payments on homes, making it easier for people who struggle to afford the upfront costs of buying property. The legislation would probably involve government assistance, tax incentives, or matched savings accounts designed to reduce the financial barrier that prevents many working families from building wealth through homeownership.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector

Full bill text is not yet cached locally.

Open text view Read on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.

HR4544American Access to Banking Act
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HR8777GUIDANCE Act of 2026
Referred to Committee · 2026-05-13
HJRES179Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Consumer Financial Protection Circular 2022-04: Insufficient Data Protection or Security for Sensitive Consumer Information".
Referred to Committee · 2026-05-07
HJRES170Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "The Fair Credit Reporting Act's Limited Preemption of State Laws".
Referred to Committee · 2026-04-30

Downpayment Toward Equity Act of 2025