In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Hereditary Disorders Newborn 
Screening Act of 2000''.

SEC. 2. PROGRAM TO IMPROVE THE ABILITY OF STATES TO PROVIDE NEWBORN AND 
              CHILD SCREENING FOR HERITABLE DISORDERS.

    Part A of title XI of the Public Health Service Act (42 U.S.C. 
300b-1 et seq.) is amended by adding at the end the following:

``SEC. 1108. IMPROVED NEWBORN AND CHILD SCREENING FOR HERITABLE 
              DISORDERS.

    ``(a) In General.--The Secretary, acting through the Administrator 
of the Health Resources and Services Administration, shall award grants 
to eligible entities to enhance, improve or expand the ability of State 
and local public health agencies to provide screening, counseling or 
preventive care services to newborns and children having or at risk for 
heritable disorders.
    ``(b) Use of Funds.--Amounts provided under a grant awarded under 
subsection (a) shall be used to--
            ``(1) establish, expand, or improve systems or programs to 
        provide screening, counseling, testing or specialty services 
        for newborns and children at risk for heritable disorders;
            ``(2) establish, expand, or improve programs or services to 
        reduce mortality or morbidity from heritable disorders;
            ``(3) establish, expand, or improve systems or programs to 
        provide information and counseling on available therapies for 
        newborns and children with heritable disorders;
            ``(4) improve the access of medically underserved 
        populations to screening, counseling, testing and specialty 
        services for newborns and children having or at risk for 
        heritable disorders; or
            ``(5) conduct such other activities as may be necessary to 
        enable newborns and children having or at risk for heritable 
        disorders to receive screening, counseling, testing or 
        specialty services, regardless of income, race, color, 
        religion, sex, national origin, age, or disability.
    ``(c) Eligible Entities.--To be eligible to receive a grant under 
subsection (a) an entity shall--
            ``(1) be a State or political subdivision of a State, or a 
        consortium of 2 or more States or political subdivisions of 
        States; and
            ``(2) prepare and submit to the Secretary an application 
        that includes--
                    ``(A) a plan to use amounts awarded under the grant 
                to meet specific health status goals and objectives 
                relative to heritable disorders, including attention to 
                needs of medically underserved populations;
                    ``(B) a plan for the collection of outcome data or 
                other methods of evaluating the degree to which amounts 
                awarded under this grant will be used to achieve the 
                goals and objectives identified under subparagraph (A);
                    ``(C) a plan for monitoring and ensuring the 
                quality of services provided under the grant;
                    ``(D) an assurance that amounts awarded under the 
                grant will be used only to implement the approved plan 
                for the State;
                    ``(E) an assurance that the provision of services 
                under the plan is coordinated with services provided 
                under programs implemented in the State under titles V, 
                XVIII, XIX, XX, or XXI of the Social Security Act 
                (subject to Federal regulations applicable to such 
                programs) so that the coverage of services under such 
                titles is not substantially diminished by the use of 
                granted funds; and
                    ``(F) such other information determined by the 
                Secretary to be necessary.
    ``(d) Limitation.--An eligible entity may not use amounts received 
under this section to--
            ``(1) provide cash payments to or on behalf of affected 
        individuals;
            ``(2) provide inpatient services;
            ``(3) purchase land or make capital improvements to 
        property; or
            ``(4) provide for proprietary research or training.
    ``(e) Voluntary Participation.--The participation by any individual 
in any program or portion thereof established or operated with funds 
received under this section shall be wholly voluntary and shall not be 
a prerequisite to eligibility for or receipt of any other service or 
assistance from, or to participation in, another Federal or State 
program.
    ``(f) Supplement Not Supplant.--Funds appropriated under this 
section shall be used to supplement and not supplant other Federal, 
State, and local public funds provided for activities of the type 
described in this section.
    ``(g) Publication.
            ``(1) In general.--An application submitted under 
        subsection (c)(2) shall be made public by the State in such a 
        manner as to facilitate comment from any person, including 
        through hearings and other methods used to facilitate comments 
        from the public.
            ``(2) Comments.--Comments received by the State after the 
        publication described in paragraph (1) shall be addressed in 
        the application submitted under subsection (c)(2).
    ``(h) Technical Assistance.--The Secretary shall provide to 
entities receiving grants under subsection (a) such technical 
assistance as may be necessary to ensure the quality of programs 
conducted under this section.
    ``(i) Authorization of Appropriations.--There are authorized to be 
appropriated to carry out this section, such sums as may be necessary 
for each of the fiscal years 2001 through 2011.

``SEC. 1109. EVALUATING THE EFFECTIVENESS OF NEWBORN AND CHILD 
              SCREENING PROGRAMS.

    ``(a) In General.--The Secretary shall award grants to eligible 
entities to provide for the conduct of demonstration programs to 
evaluate the effectiveness of screening, counseling or preventive care 
services in reducing the morbidity and mortality caused by heritable 
disorders in newborns and children.
    ``(b) Demonstration Programs.--A demonstration program conducted 
under a grant under this section shall be designed to evaluate and 
assess, within the jurisdiction of the entity receiving such grant--
            ``(1) the effectiveness of screening, counseling, testing 
        or specialty services for newborns and children at risk for 
        heritable disorders in reducing the morbidity and mortality 
        associated with such disorders;
            ``(2) the effectiveness of screening, counseling, testing 
        or specialty services in accurately and reliably diagnosing 
        heritable disorders in newborns and children; or
            ``(3) the availability of screening, counseling, testing or 
        specialty services for newborns and children at risk for 
        heritable disorders.
    ``(c) Eligible Entities.--To be eligible to receive a grant under 
subsection (a) an entity shall be a State or political subdivision of a 
State, or a consortium of 2 or more States or political subdivisions of 
States.

``SEC. 1110. ADVISORY COMMITTEE ON HERITABLE DISORDERS IN NEWBORNS AND 
              CHILDREN.

    ``(a) Establishment.--The Secretary shall establish an advisory 
committee to be known as the `Advisory Committee on Heritable Disorders 
in Newborns and Children' (referred to in this section as the `Advisory 
Committee').
    ``(b) Duties.--The Advisory Committee shall--
            ``(1) provide advice and recommendations to the Secretary 
        concerning grants and projects awarded or funded under section 
        1108;
            ``(2) provide technical information to the Secretary for 
        the development of policies and priorities for the 
        administration of grants under section 1108; and
            ``(3) provide such recommendations, advice or information 
        as may be necessary to enhance, expand or improve the ability 
        of the Secretary to reduce the mortality or morbidity from 
        heritable disorders.
    ``(c) Membership.--
            ``(1) In general.--The Secretary shall appoint not to 
        exceed 15 members to the Advisory Committee. In appointing such 
        members, the Secretary shall ensure that the total membership 
        of the Advisory Committee is an odd number.
            ``(2) Required members.--The Secretary shall appoint to the 
        Advisory Committee under paragraph (1)--
                    ``(A) the Administrator of the Health Resources and 
                Services Administration;
                    ``(B) the Director of the Centers for Disease 
                Control and Prevention;
                    ``(C) the Director of the National Institutes of 
                Health;
                    ``(D) the Director of the Agency for Healthcare 
                Research and Quality;
                    ``(E) medical or scientific professionals with 
                special expertise in heritable disorders, or in 
                providing screening, counseling, testing or specialty 
                services for newborns and children at risk for 
                heritable disorders;
                    ``(F) members of the public having special 
                expertise about or concern with heritable disorders; 
                and
                    ``(G) representatives from such Federal agencies, 
                public health constituencies, and medical professional 
                societies as determined to be necessary by the 
                Secretary, to fulfill the duties of the Advisory 
                Committee, as established under subsection (b).''.
[A]: Directs the Secretary to award grants to eligible entities to provide for the conduct of demonstration programs to evaluate the effectiveness of screening, counseling or preventive care services in reducing the morbidity and mortality caused by heritable disorders in newborns and children.
Direct the Secretary to establish an advisory committee to be known as the Advisory Committee on Heritable Disorders in Newborns and Children.


[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stop Westward Aquatic Threats Act''.

SEC. 2. AMENDMENT OF NONINDIGENOUS AQUATIC NUISANCE PREVENTION AND 
              CONTROL ACT OF 1990.

    Except as otherwise expressly provided, whenever in this Act an 
amendment or repeal is expressed in terms of an amendment to, or repeal 
of, a section or other provision, the reference shall be considered to 
be made to a section or other provision of Nonindigenous Aquatic 
Nuisance Prevention and Control Act of 1990 (16 U.S.C. 4701 et seq.).

SEC. 3. 100TH MERIDIAN AND WESTWARD PROGRAM.

    Subtitle C (16 U.S.C. 4721 et seq.) is amended by adding at the end 
the following:

``SEC. 1210. 100TH MERIDIAN AND WESTWARD PROGRAM.

    ``(a) Public Information and Education.--The Secretary shall 
coordinate with the States to provide the public with information and 
education on the threat of zebra mussels and other aquatic nuisance 
species and how to prevent their westward advance.
    ``(b) Source States Action Plan.--The Secretary, in consultation 
with the Task Force, shall work with States that contain aquatic 
nuisance species, including zebra mussels, that threaten western States 
to develop and implement a prevention action plan that includes 
inspections of vessels at boat launches and elsewhere.
    ``(c) Movement Across the 100th Meridian.--
            ``(1) Early detection and rapid response.--The Secretary, 
        in consultation with the Task Force, shall seek to prevent 
        westward movement of aquatic nuisance species by monitoring and 
        preventing westward movement of zebra mussels and other aquatic 
        nuisance species across and beyond the 100th meridian, 
        monitoring water bodies, educating boaters leaving waters 
        infected by aquatic nuisance species, and providing rapid 
        response capacity in North Dakota, South Dakota, Nebraska, 
        Kansas, Oklahoma, and Texas.
            ``(2) Check stations.--Under this subsection, the 
        Secretary, in collaboration with the Secretary of 
        Transportation and the States, shall--
                    ``(A) work with States to establish check stations 
                on highways and waterways that cross the 100th 
                meridian, and require that all commercial vessels 
                moving westward across the meridian stop and be checked 
                for zebra mussels and aquatic weeds at such check 
                stations;
                    ``(B) require that contaminated vessels identified 
                at such check stations be cleaned in accordance with 
                protocols developed by the Task Force before being 
                moved across the 100th meridian;
                    ``(C) assess and collect from persons who violate 
                such requirement more than one time a civil penalty of 
                $150 for each violation after the first violation;
                    ``(D) identify and record all vessels that stop at 
                such check stations and the water body most recently 
                visited by each such vessel;
                    ``(E) focus prevention resources on States having 
                the greatest number of contaminated vessels; and
                    ``(F) coordinate implementation of this subsection 
                with appropriate Canadian authorities.
    ``(d) Vector Action Plans.--The Secretary and the Task Force, in 
collaboration with the States and within 18 months after the date of 
the enactment of this subsection, shall--
            ``(1) assess the relative risk of vectors and pathways of 
        westward movement of zebra mussels and other aquatic nuisance 
        species across the 100th meridian and throughout the western 
        States and develop adequate action plans to control each 
        pathway, ranked by priority; and
            ``(2) provide to the Task Force, for distribution to the 
        States, data developed through such assessment.
    ``(e) Lewis and Clark Bicentennial Expedition.--
            ``(1) In general.--The Secretary of the Interior shall 
        ensure that the United States Fish and Wildlife Service and the 
        National Park Service coordinate efforts to implement an action 
        plan to prevent the spread of aquatic nuisance species by 
        vessels and other potential vectors involved in the Lewis and 
        Clark Bicentennial Expedition, including efforts to educate 
        participants in such Expedition by no later than January 1, 
        2003.
            ``(2) Authorization of appropriations.--There are 
        authorized to be appropriated to the Secretary of the Interior 
        to carry out this subsection $100,000 for each of fiscal years 
        2002 through 2005.
    ``(f) Application in Other States.--If the Secretary determines 
that any State (other than those listed in subsection (c)) that is 
located west of the 100th meridian needs to be involved in 
implementation of this section for this section to be effective, the 
Secretary may apply this section in such State.
    ``(g) Evaluation of Effectiveness.--The Secretary shall enter into 
an arrangement with an independent entity under which the entity shall, 
by January 1, 2005, evaluate the effectiveness of the 100th meridian 
and westward program under this section in stopping the westward 
movement of zebra mussels and other aquatic nuisance species across and 
beyond the 100th meridian.
    ``(h) Authorization of Appropriations.--There are authorized to be 
appropriated to the Secretary to carry out this section $5,000,000 for 
each of fiscal years 2003 through 2007.''.

SEC. 4. STATE MANAGEMENT PLANS.

    (a) Grants to States for Development of Management Plans.--Section 
1204(b) (16 U.S.C. 4724(b)) is amended--
            (1) in paragraph (1) by inserting ``make grants to States 
        to develop management plans under this section, including for 
        hiring personnel for such development, and'' after ``at the 
        recommendation of the Task Force,'';
            (2) in paragraph (3)(A) by striking ``each comprehensive 
        management plan implemented with Federal assistance'' and 
        inserting ``implementation of each comprehensive management 
        plan''; and
            (3) in paragraph (3)(B) by striking ``each public facility 
        management plan implemented with Federal assistance'' and 
        inserting ``implementation of each public facility management 
        plan''.
    (b) Authorization of Appropriations.--Section 1301 (16 U.S.C. 4724) 
is amended--
            (1) in subsection (c) by striking ``There are authorized'' 
        and all that follows through ``of which'' and inserting ``For 
        grants to States under section 1204(b) there are authorized to 
        be appropriated to the Director $10,000,000 for each of fiscal 
        years 2003 through 2007, of which up to 20 percent may be 
        available for plan development and of which''; and
            (2) by adding at the end the following:
    ``(f) Funding for Capacity Building by Western Regional Panel.--To 
build capacity and foster the development and implementation of 
comprehensive management plans under section 1204 for States located on 
or west of the 100th meridian there are authorized to be appropriated 
to the Western Regional panel established under section 1203(b) 
$600,000 for each of fiscal years 2003 through 2007.''.
[A]: Stop Westward Aquatic Threats Act - Amends the Nonindigenous Aquatic Nuisance Prevention and Control Act of 1990 to direct the Secretary of the Interior to: (1) provide the public with information and education on the threat of zebra mussels and other aquatic nuisance species and how to prevent their westward advance; (2) work with States that contain aquatic nuisance species (including zebra mussels) that threaten western States to develop and implement a prevention action plan that includes inspections of vessels at boat launches and elsewhere (including vessels involved in the Lewis and Clark Bicentennial Expedition); and (3) prevent westward movement of aquatic nuisance species by monitoring and preventing westward movement of zebra mussels and other aquatic nuisance species beyond the 100th meridian, monitoring water bodies, educating boaters leaving waters infected by aquatic nuisance species, and providing rapid response capacity in North Dakota, South Dakota, Nebraska, Kansas, Oklahoma, and Texas.Authorizes the Director of the of the Aquatic Nuisance Species Task Force to make grants to States to develop management plans which identify those areas or activities within the State for which assistance is needed to eliminate or reduce the environmental, public health, and safety risks associated with aquatic nuisance species, particularly the zebra mussel.


[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Financial Literacy for Homeowners 
Act''.

SEC. 2. FINDINGS.

    The Congress finds the following:
            (1) While expanded access to credit from both prime and 
        subprime lenders has contributed to the highest homeownership 
        rates in the Nation's history, there is growing evidence that 
        some lenders are engaging in predatory lending practices--
        excessive front-end fees, single-premium credit life insurance, 
        and exorbitant prepayment penalties--that make homeownership 
        much more costly for families that can least afford it.
            (2) Borrowers with fair to good credit ratings may be able 
        to obtain loans in the ``prime'' mortgage market, with the 
        lowest interest rates and costs.
            (3) Borrowers with blemished credit histories obtain 
        mortgage loans in the ``subprime'' mortgage market, with higher 
        interest rates and loan fees than are obtainable in the prime 
        market. Some subprime lenders have been making loans on terms 
        that are regarded as ``predatory''.
            (4) Predatory lending involves home mortgages, mortgage 
        refinancing, home equity loans, and home repair loans with 
        unjustifiably high interest rates, excessive fees, balloon 
        payments, prepayment penalties, and the imposition of other 
        unreasonable, and sometimes fraudulent, terms.
            (5) Predatory loans are said to have grown rapidly in 
        minority neighborhoods, often stripping away wealth that may 
        have taken owners decades or a lifetime to accumulate.
            (6) Some communities that have lacked access to traditional 
        institutions were being victimized by second mortgage lenders, 
        home improvement contractors, and finance companies who peddled 
        high interest rate home equity loans with high loan fees to 
        cash-poor homeowners. Borrowers, who may not have fully 
        understood the terms of the loans, and who may not have been 
        offered adequate disclosures of the loan terms, often have 
        struggled to meet overwhelming mortgage payments and too often 
        ultimately lost their homes through foreclosure.
            (7) A joint report by the Department of Housing and Urban 
        Development and the Department of the Treasury, issued June 21, 
        2000, entitled ``Curbing Predatory Home Mortgage Lending'', 
        urged the Congress to adopt legislation that would restrict 
        abusive terms and conditions on high-cost loans, prohibit 
        harmful sales practices in mortgage markets, improve consumer 
        literacy and disclosures, prohibit government-sponsored 
        enterprises from purchasing loans with predatory features, and 
        establish predatory lending as a factor in evaluations for the 
        Community Reinvestment Act of 1977.
            (8) The joint report proposed a four-point plan to address 
        predatory lending practices, which included improving consumer 
        literacy and disclosures by requiring lenders to recommend that 
        applicants for high-cost loans avail themselves of home 
        mortgage counseling, to disclose credit scores to all borrowers 
        upon request, and to give borrowers more timely and more 
        accurate information on loan costs and terms.
            (9) A number of government agencies have become involved in 
        addressing various aspects of the predatory lending issue in an 
        attempt to reduce the number of lenders that use high-pressure 
        telemarketing sales techniques and mislead borrowers about 
        increases in interest rates and monthly payments on adjustable 
        rate mortgages.
            (10) Predatory lending threatens to undo the work of many 
        nonprofit organizations that have worked with lenders and local 
        governments to improve distressed neighborhoods. More needs to 
        be done to assist borrowers who already have predatory loans, 
        to educate consumers about the dangers and pitfalls of entering 
        into a home loan, and to refer consumers to appropriate 
        governmental agencies or consumer protection organizations for 
        assistance.

SEC. 3. GRANT PROGRAM FOR EDUCATION AND COUNSELING REGARDING PREDATORY 
              LENDING.

    (a) In General.--The Secretary of the Treasury may make grants 
under this section to States, units of general local government, and 
nonprofit organizations, which shall be used only for costs of carrying 
out eligible anti-predatory lending activities under subsection (b).
    (b) Eligible Anti-Predatory Lending Activities.--Amounts from a 
grant under this section may be used only for carrying out the 
following activities:
            (1) Education programs.--For education programs to inform 
        and educate consumers, particularly those most vulnerable to 
        being taken advantage of by predatory and unscrupulous lending 
        practices relating to home loans (such as low-income borrowers 
        and senior citizens), regarding home mortgages, mortgage 
        refinancing, home equity loans, and home repair loans with 
        unjustifiably high interest rates, excessive fees, balloon 
        payments, prepayment penalties, and the imposition of other 
        unreasonable, and sometimes fraudulent, terms.
            (2) Counseling programs.--For programs, provided only by 
        organizations certified by the Secretary as competent to 
        provide homeownership counseling, that counsel homeowners and 
        prospective homeowners regarding predatory and unscrupulous 
        lending practices relating to home loans.
            (3) Referral services.--For services that provide 
        referrals, for homeowners and prospective homeowners--
                    (A) to education and counseling programs described 
                in paragraphs (1) and (2); or
                    (B) to appropriate agencies or authorities 
                responsible for handling consumer complaints, 
                allegations, or requests for assistance regarding 
                predatory and unscrupulous lending practices relating 
                to home loans or for investigating the circumstances 
                surrounding home loans for possible violations of law.
    (c) Eligibility and Application.--To be eligible for a grant under 
this section, a State, unit of general local government, or nonprofit 
organization shall submit to the Secretary an application for a grant 
in such form and including such information as the Secretary shall 
require, which shall include such information as the Secretary 
considers appropriate to ensure that the grant amounts are used for 
activities eligible under subsection (b).
    (d) Maximum Grant Amount.--The maximum amount of grant funds that 
may be provided under this section to any single grantee for any single 
fiscal year shall be $1,000,000.
    (e) Selection of Applicants.--The Secretary shall provide for 
States, units of general local government, and nonprofit organizations 
to submit applications for grants under this section. The Secretary 
shall select applications to receive such grants according to selection 
criteria, which the Secretary shall establish.

SEC. 4. TOLL-FREE TELEPHONE NUMBER FOR PREDATORY LENDING COMPLAINTS.

    The Secretary shall, using any amounts reserved under section 7(1), 
provide for the establishment, operation, and publication of a 
nationwide toll-free telephone number to receive consumer complaints 
regarding predatory and unscrupulous lending practices relating to home 
loans, provide information about predatory lending, refer borrowers who 
already have predatory loans to the appropriate governmental agencies 
or consumer protection organizations for assistance, and coordinate 
between existing State and nonprofit community organizations to create 
a resource database of information for consumers. Such toll-free 
telephone line shall provide for receipt of such consumer complaints 
and provision of such information at all times only through an actual 
person and not by pre-recorded or recorded means.

SEC. 5. PREDATORY LENDING ADVISORY COUNCIL.

    (a) Establishment.--There is established in the Department of the 
Treasury a Predatory Lending Advisory Council (in this section referred 
to as the ``Council'') to advise the Secretary on policies and issues 
relating to predatory and unscrupulous lending practices relating to 
home loans.
    (b) Membership.--The Council shall be composed of 13 members 
appointed by the Secretary, who shall include--
            (1) 4 members who are representatives of community-based 
        organizations that work with consumers, lenders, and State and 
        local governments to improve distressed neighborhoods, assist 
        borrowers who already have predatory loans, educate consumers 
        about the dangers and pitfalls of entering into a home loan, 
        and refer consumers to appropriate governmental agencies or 
        consumer protection organizations for assistance;
            (2) 3 members who are officials of State agencies or 
        offices for consumer affairs or consumer protection;
            (3) 3 members who are private homeowners who are familiar 
        with home mortgages, mortgage refinancing, home equity loans, 
        and home repair loans; and
            (4) 3 members who are representatives of the private real 
        estate industry, such as realtors, mortgage brokers, and 
        bankers.
    (c) Terms and Vacancies.--Members of the Council shall serve terms 
of two years, except that, of the initial members appointed, half shall 
serve terms of one year and half shall serve terms of two years. A 
vacancy in the Council shall be filled in the manner in which the 
original appointment was made.
    (d) Travel Expenses.--Members of the Council shall serve without 
compensation but shall receive travel expenses, including per diem in 
lieu of subsistence, in accordance with sections 5702 and 5703 of title 
5, United States Code.
    (e) Chairperson.--The Secretary shall designate a chairperson of 
the Council at the time of appointment.
    (f) Meetings and Hearings.--The Council shall meet upon the call of 
the chairperson, except that the council shall meet not fewer than 3 
times per year. The Council shall have the authority, when a majority 
of the members deem necessary, to hold public hearings and to take 
testimony and receive evidence from individuals and organizations.
    (g) Advisory Functions.--The Council shall provide advice to the 
Secretary regarding--
            (1) the grant program under section 3, including advice 
        regarding criteria for selection of applications to receive 
        grant amounts;
            (2) the establishment, operation, and publication of the 
        toll-free telephone number under section 4;
            (3) coordination of activities of the Secretary regarding 
        prevention of predatory and unscrupulous lending practices 
        relating to home loans with such activities of lending 
        institutions; and
            (4) any other matters regarding predatory and unscrupulous 
        lending practices relating to home loans that the Secretary 
        considers appropriate.
    (h) Study of Defaults and Foreclosures.--The Council shall conduct 
an extensive study of the root causes of default and foreclosure of 
home loans, using as much empirical data as are available. The Council 
shall submit a report to the Secretary and the Congress, not later than 
12 months after the full membership of the Council is first appointed, 
regarding the results of the study, which shall include recommendations 
for consumer protection legislation regarding predatory and 
unscrupulous lending practices relating to home loans.

SEC. 6. DEFINITIONS.

    For purposes of this Act, the following definitions shall apply:
            (1) Home loan.--The term ``home loan'' means a loan or 
        agreement to extend credit made to a natural person, which loan 
        is secured by a deed to secure debt, security deed, mortgage, 
        security instrument, deed of trust, or other document 
        representing a security interest or lien upon any interest in 
        one- to four-family residential property or a manufactured 
        home, regardless of where made, including the renewal or 
        refinancing of any such loan. Such term includes a home equity 
        line of credit or home improvement loan or other similar 
        agreement.
            (2) Nonprofit organization.--The term ``nonprofit 
        organization'' has the meaning given such term in section 
        104(5) of the Cranston-Gonzalez National Affordable Housing Act 
        (42 U.S.C. 12704(5)), except that subparagraph (D) of such 
        section shall not apply for purposes of this Act.
            (3) Predatory or unscrupulous lending practice.--The term 
        ``predatory or unscrupulous lending practice'' includes--
                    (A) making any loan that--
                            (i) is solely based on the borrower's home 
                        equity;
                            (ii) is made without regard to the 
                        borrower's ability to repay the obligation; and
                            (iii) is unaffordable to the borrower, as 
                        may be evidenced by a failure to fully 
                        understand the terms of the loans, a failure to 
                        offer adequate disclosures of the loan terms, a 
                        difficulty in meeting overwhelming mortgage 
                        payments, loss of a home through foreclosure, 
                        or otherwise;
                    (B) inducing a borrower to refinance a loan 
                repeatedly and charging additional points and fees, 
                even though refinancing may not be in the borrower's 
                interest; and
                    (C) engaging in fraud or deception to conceal the 
                true nature of the loan obligation from an unsuspecting 
                or unsophisticated borrower.
            (4) Secretary.--The term ``Secretary'' means the Secretary 
        of the Treasury.
            (5) State.--The term ``State'' means each of the several 
        States, the Commonwealth of Puerto Rico, the District of 
        Columbia, the Commonwealth of the Northern Mariana Islands, 
        Guam, the Virgin Islands, American Samoa, the Trust Territories 
        of the Pacific, or any other possession of the United States.
            (6) Unit of general local government.--The term ``unit of 
        general local government'' means any city, town, township, 
        parish, village, or other general purpose political subdivision 
        of a State.

SEC. 7. AUTHORIZATION OF APPROPRIATIONS.

    There is authorized to be appropriated for carrying out this Act 
$55,000,000 for each of fiscal years 2008 through 2012, of which--
            (1) not more than $2,000,000 in each such fiscal year shall 
        be for carrying out section 4; and
            (2) not more than $5,000,000 in each such fiscal year shall 
        be for carrying out section 5.

SEC. 8. REGULATIONS.

    The Secretary may issue any regulations necessary to carry out this 
Act.
[A]:
Financial Literacy for Homeowners Act - Authorizes the Secretary of the Treasury to make grants to state and local governments and nonprofit organizations to implement anti-predatory lending activities, including: (1) consumer education programs; (2) certified home ownership counseling programs; and (3) referral services for homeowners and prospective homeowners.

Directs the Secretary provide for establishment, operation, and publication of a nationwide toll-free telephone number to receive consumer complaints regarding predatory and unscrupulous lending practices relating to home loans.

Establishes the Predatory Lending Advisory Council to: (1) advise the Secretary; and (2) study and report to the Secretary and Congress on the root causes of default and foreclosure of home loans.