H.R. 4374

Summary

H.R. 4374, the American Homeowner Crypto Modernization Act of 2025, was introduced in the House on Jul 14, 2025 by Rep. Nancy Mace (R). It was referred to Financial Services, and last saw action on Jul 14, 2025: Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Record

Text

H.R. 4374 has no co-sponsors and has not gone to a roll call.

119 HR 4374 IH: American Homeowner Crypto Modernization Act of 2025
 U.S. House of Representatives
 2025-07-14
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 4374  IN THE HOUSE OF REPRESENTATIVES   July 14, 2025   Ms. Mace  introduced the following bill; which was referred to the  Committee on Financial Services , and in addition to the Committee on  Veterans' Affairs , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned   A BILL
To require agencies to update mortgage underwriting programs, guidelines, standards, and systems to require lenders to consider, in the mortgage credit evaluation process, any amounts a borrower has in any brokerage account associated with a cryptocurrency exchange.
1.
Short title
This Act may be cited as the   American Homeowner Crypto Modernization Act of 2025  .
2.
Consideration of cryptocurrency exchange brokerage account amounts
(a)
In general
Not later than the expiration of the 24-month period beginning on the date of the enactment of this Act, each head of a covered agency shall, update the automated mortgage underwriting programs, guidelines, standards, and systems of such covered agency in a manner to require participating mortgage lenders to consider, in the mortgage credit evaluation process, the value of any digital assets a borrower has in any brokerage account associated with a cryptocurrency exchange.
(b)
Definitions
In this section:
(1)
Covered Agency
The term  covered agency  means—
(A)
the Department of Housing and Urban Development;
(B)
the Department of Agriculture;
(C)
the Department of Veterans Affairs; and
(D)
the Federal Housing Finance Agency, except that any requirement imposed by this section on such Agency or the Director of such Agency shall be treated as a requirement with respect to the mortgage underwriting programs or systems of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, to be imposed and enforced pursuant to the authority of such Director and Agency to supervise and regulate such enterprises.
(2)
Digital asset
The term  digital asset  means any digital representation of value which is recorded on a cryptographically secured distributed ledger or other similar technology.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

To require agencies to update mortgage underwriting programs, guidelines, standards, and systems to require lenders to consider, in the mortgage credit evaluation process, any amounts a borrower has in any brokerage account associated with a cryptocurrency exchange.

Sponsors

Rep. Nancy Mace (R) sponsors H.R. 4374 alone.

Nancy Mace

Rep. · R–SC-1 · Sponsor

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Committees

H.R. 4374 went before 2 committees: Veterans' Affairs and Financial Services.

Veterans' Affairs

Veterans' Affairs

Referred To · Jul 14, 2025 · 285 Bills

Financial Services

Financial Services

Referred To · Jul 14, 2025 · 559 Bills

Actions

H.R. 4374 has taken 2 actions since Jul 14, 2025.

Votes

H.R. 4374 has not gone to a roll call.

Titles

H.R. 4374 goes by 3 titles, 1 of them short titles.

• American Homeowner Crypto Modernization Act of 2025 — Display Title
• American Homeowner Crypto Modernization Act of 2025 — Short Title(s) as Introduced
• To require agencies to update mortgage underwriting programs, guidelines, standards, and systems to require lenders to consider, in the mortgage credit evaluation process, any amounts a borrower has in any brokerage account associated with a cryptocurrency exchange. — Official Title as Introduced

Lobbying

3 clients hired 3 firms and 15 registered lobbyists who named H.R. 4374 in 10 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Government Issues, Indian/Native American Affairs, Banking, Financial Institutions/Investments/Securities, Taxation/Internal Revenue Code.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files H.R. 4374 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 4374’s is Finance and Financial Sector.

Source: congress.gov · legiscan.com