Trid Improvement Act of 2017

Floor Speech

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Mr. ZELDIN. Madam Speaker, I rise in strong support of the TRID Improvement Act, bipartisan legislation introduced by the gentleman from Arkansas (Mr. Hill).

I am a proud cosponsor of this legislation, which combines three bipartisan proposals that will improve the home buying process, protect intellectual property, and help emerging businesses thrive and create jobs. By reforming confusing regulations that make it difficult for prospective buyers or businesses to get title insurance, this legislation will help get more families into homes and help local businesses grow.

By protecting the intellectual property of investors, we are improving the access to capital that is essential for growth and job creation in communities on Long Island, where my district is located, and all across our country.

And last but not least, by reforming the outdated definition of what constitutes an emerging growth company, this legislation takes important steps towards fostering innovation and ensuring that new businesses are not discouraged from expansion and job creation.

The sum of these important bipartisan solutions are more innovation, more hiring, and a more vibrant economy. I urge all of my colleagues to vote for this important piece of legislation. I thank my colleague, Congressman Hill, for his leadership with it, and Chairman Hensarling and his great staff for all their efforts to get this bill to the floor.

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