United States Congress
ARTICLE ONE Act
June 9, 2023
Summary
H.R. 3988, the ARTICLE ONE Act, would amend the National Emergencies Act to require congressional approval of future presidential national emergency declarations and any emergency powers exercised thereunder. The bill applies to all federal agencies and entities, including mortgage lenders, only insofar as a future declaration might activate emergency authorities affecting housing finance—but it does not specifically regulate mortgage compliance. No mortgage-specific requirements, effective dates, or program changes are included.
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Source: https://www.congress.gov/bill/118th-congress/hr-bill/3988
Common questions
- What does "ARTICLE ONE Act" cover?
- H.R. 3988, the ARTICLE ONE Act, would amend the National Emergencies Act to require congressional approval of future presidential national emergency…
- Which agency issued this update?
- This update was issued by United States Congress.
- When was it published?
- It was published on June 9, 2023.