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H.R. 8616: VALID Act of 2022

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H.R. 8616: VALID Act of 2022

117th Congress · introduced 2022-07-29 · Housing and Community Development · Latest: Referred to the House Committee on Financial Services.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2022-07-29 · official record
  2. Who proposed it: Rep. Kilmer, Derek [D-WA-6] · 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 Financial Services. 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

VALID Act of 2022

Plain 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.

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)

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. Kilmer, Derek [D-WA-6] · 101 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Guy Reschenthaler (R-PA), Marc A. Veasey (D-TX), Glenn Thompson (R-PA), Elise M. Stefanik (R-NY), Ben Cline (R-VA), David G. Valadao (R-CA), André Carson (D-IN), Dina Titus (D-NV), Juan Vargas (D-CA), Eleanor Holmes Norton (D-DC), Mike Thompson (D-CA), Marilyn Strickland (D-WA), Jim Costa (D-CA), Lloyd Doggett (D-TX), Maria Elvira Salazar (R-FL), Thomas P. Tiffany (R-WI), Ed Case (D-HI), Suzan K. DelBene (D-WA), Paul A. Gosar (R-AZ), Sara Jacobs (D-CA), Chris Pappas (D-NH), Suzanne Bonamici (D-OR), Brian K. Fitzpatrick (R-PA), Mariannette Miller-Meeks (R-IA), Jason Crow (D-CO), John H. Rutherford (R-FL), Rick Larsen (D-WA), Richard Hudson (R-NC), Kim Schrier (D-WA), Tom Emmer (R-MN), Seth Moulton (D-MA), Kathy Castor (D-FL), Jay Obernolte (R-CA), Jack Bergman (R-MI), Mark E. Amodei (R-NV), Michael T. McCaul (R-TX), Burgess Owens (R-UT), Mario Diaz-Balart (R-FL), Sylvia R. Garcia (D-TX), Vicente Gonzalez (D-TX), Nydia M. Velázquez (D-NY), Mike Kelly (R-PA), Adriano Espaillat (D-NY), Ashley Hinson (R-IA) and 41 more.

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 (1)
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).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr8616 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117