Stability for Service Members Act

Stability for Service Members Act

Amends the Honoring America's Veterans and Caring for Camp Lejeune Families Act of 2012 to extend through calendar year 2016 the one-year period after a service member's military service during which: (1) a court may stay proceedings to enforce an obligation on real or personal property owned by the service member before such military service; and (2) any sale, foreclosure, or seizure of such property shall be invalid without a court order or waiver agreement signed by the service member. (Currently, the extended one-year period is scheduled to expire on December 31, 2015, and return to a nine-month period under the Servicemembers Civil Relief Act.)

Revives, effective January 1, 2017 (currently, January 1, 2016), the old nine-month period in place of the one-year period granted by such Act.

[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2475 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 2475

     To provide for a one-year extension of the extended period of 
 protections for members of uniformed services relating to mortgages, 
   mortgage foreclosure, and eviction under the Servicemembers Civil 
                              Relief Act.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 20, 2015

  Mr. Fincher (for himself and Mr. Heck of Washington) introduced the 
   following bill; which was referred to the Committee on Veterans' 
                                Affairs

_______________________________________________________________________

                                 A BILL


 
     To provide for a one-year extension of the extended period of 
 protections for members of uniformed services relating to mortgages, 
   mortgage foreclosure, and eviction under the Servicemembers Civil 
                              Relief Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stability for Service Members Act''.

SEC. 2. ONE-YEAR EXTENSION OF EXTENDED PERIOD OF PROTECTIONS FOR 
              MEMBERS OF UNIFORMED SERVICES RELATING TO MORTGAGES, 
              MORTGAGE FORECLOSURE, AND EVICTION UNDER SERVICEMEMBERS 
              CIVIL RELIEF ACT.

    Section 710(d) of the Honoring America's Veterans and Caring for 
Camp Lejeune Families Act of 2012 (Public Law 112-154; 126 Stat. 1208; 
50 U.S.C. App. 533 note) is amended--
            (1) in paragraph (1), by striking ``December 31, 2015'' and 
        inserting ``December 31, 2016''; and
            (2) in paragraph (3), by striking ``January 1, 2016'' and 
        inserting ``January 1, 2017''.
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