Financial Services Committee Advances Housing and 15c2-11 Bills
January 6, 2026
The House Financial Services Committee advanced a housing supply package and a bill to codify fixed income exemptions for certain broker dealer reporting after a marathon markup session over Dec. 16-17.
- The Housing for the 21st Century Act, which packages together dozens of bipartisan housing bills focused on supply, passed 50-1. Click here for more background on the bill.
- The 15c2-11 bill H.R. 3959, the Protecting Private Job Creators Act, passed 41-11 with 13 Democrats joining all Republicans to advance the bill. Click here for more background on the issue.
- CREFC has supported both bills with letters and statements to the committee.
Why it matters: The strong bipartisan support in committee will make passage on the House floor easier, especially given the continue political emphasis on affordability.
What’s next:
- The housing bill could potentially move on the “suspension calendar”, which requires a 2/3 majority for passage. Meanwhile, committee and floor leadership will negotiate a deal with the Senate, which had passed its own bill, the ROAD to Housing Act, in October.
- The Projecting Private Job Creators Act could likely see a floor vote with other legislation from the markup. While Ranking Member Maxine Waters (D-CA) opposed the legislation it its current form, the 75% vote margin gives a strong case for further action.
Please contact David McCarthy at dmccarthy@crefc.org with any questions.