H.R. 3901 · 113th Congress
Pay Back the Taxpayers Act of 2014
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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RoyceSponsor22 cosponsors · 22 R
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Bachus
MB
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Bachmann
SC
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Capito
JC
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Campbell
TC
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Cotton
SD
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Duffy
SG
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Garrett
MG
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Grimm
JH
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Hensarling
BH
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Huizenga
RH
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Hultgren
RH
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Hurt
FL
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Lucas
PM
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McHenry
MM
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Mulvaney
RN
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Neugebauer
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Pittenger
DR
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Ross
LW
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Westmoreland
AW
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Wagner
SF
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Fincher
TP
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Poe20 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Pay Back the Taxpayers Act of 2014 - Prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs), during the term of any conservatorship or receivership, from making any contribution or transfer to, or allocating or setting aside any amounts for, the…
What it does: CRS summary · Introduced in House · Jan 16, 2014
Pay Back the Taxpayers Act of 2014 - Prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs), during the term of any conservatorship or receivership, from making any contribution or transfer to, or allocating or setting aside any amounts for, the Housing Trust Fund or the Capital Magnet Fund.
Requires any amounts paid or repaid to the Secretary of the Treasury by a GSE in any form, during any conservatorship or receivership of the GSE, to be covered into the General Fund of the Treasury and used only for reducing the federal budget deficit.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Pay Back the Taxpayers Act of 2014
Latest action (Jan 16, 2014): Referred to the House Committee on Financial Services.
Policy area: Housing and Community Development · Origin: House · Introduced: Jan 16, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.