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US HB7030
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Tom Emmer
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AI Summary
- Amends Section 242(b)(1) of the National Housing Act to expand FHA mortgage insurance program eligibility to additional licensed hospitals, including mental health facilities
- Removes subparagraph (B) from current law, eliminating a restriction that limited which types of hospitals could access the mortgage insurance program
- Amendments take effect 9 months after the date of enactment
- Requires HUD Secretary to submit a report to Congress within 2 years assessing the results and effectiveness of the program expansion
- Introduced January 13, 2026 by Rep. Emmer and Rep. Torres of New York with bipartisan support; referred to House Committee on Financial Services
Legislative Description
Securing Facilities for Mental Health Services Act
Last Action
Referred to the House Committee on Financial Services.
1/13/2026
Committee Referrals
Financial Services1/13/2026
Full Bill Text
No bill text available