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HR 8616 United States House · 117th Congress

VALID Act of 2022

Summary
VA Loan Informed Disclosure Act of 2022 or the VALID Act of 2022 The bill requires a Federal Housing Administration mortgage notice to a veteran to contain comparative rate and fee information about loans available under the Veterans Affairs home loan program.
Issues: ✓ VeteransSupports VeteransBill mandates VA loan disclosure transparency, enabling veterans to compare rates/fees for home loans under VA program, enhancing access to existing benefit95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2022
Committee Review
Floor Vote
President
Introduced Jul 29, 2022 Last action Jul 29, 2022
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jul 29, 2022
Committee
Referred to the House Committee on Financial Services.
lower
Jul 29, 2022
Introduced
Introduced in House
lower
1 primary · 101 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Derek Kilmer
Derek Kilmer
DDemocratic
WA
6
Co
Photo of A. Donald McEachin
A. Donald McEachin
DDemocratic
VA
4
Co
Photo of Adam Smith
Adam Smith
DDemocratic
WA
9
Co
Photo of Adriano Espaillat
Adriano Espaillat
DDemocratic
NY
13
Co
Photo of Al Lawson, Jr.
Al Lawson, Jr.
DDemocratic
FL
5
Co
Photo of André Carson
André Carson
DDemocratic
IN
7
Co
Photo of Andy Kim
Andy Kim
DDemocratic
NJ
n/a
Co
Photo of Ann M. Kuster
Ann M. Kuster
DDemocratic
NH
2
Co
Photo of Ashley Hinson
Ashley Hinson
RRepublican
IA
2
Co
Photo of Barbara Lee
Barbara Lee
DDemocratic
CA
12
Co
Photo of Ben Cline
Ben Cline
RRepublican
VA
6