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H.R. 8533: SAVE Federally-Assisted Housing Act

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H.R. 8533: SAVE Federally-Assisted Housing Act

116th Congress · introduced 2020-10-06 · Taxation · Latest: Referred to the House Committee on Ways and Means.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2020-10-06 · official record
  2. Who proposed it: Rep. Clark, Katherine M. [D-MA-5] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the House Committee on Ways and Means. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

SAVE Federally-Assisted Housing Act

Plain summary

Support Allowing Volume Exception for Federally-Assisted Housing Act or the SAVE Federally-Assisted Housing Act This bill allows an exception to the volume cap requirement for private activity bonds used to finance the preservation, improvement, or replacement of federally-assisted buildings.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

SAVE Federally-Assisted Housing Act

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Clark, Katherine M. [D-MA-5] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Gilbert Ray Cisneros, Jr. (D-CA)

Sponsor's campaign money: Rep. Clark, Katherine M. [D-MA-5] reported raising $5.0 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Bond
A way to borrow money. A government sells bonds to raise money now and promises to pay it back with interest over time. Bonds repaid from taxes often need voter approval.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong116-hr8533 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116