H.R. 574 · 114th Congress
Pay Back the Taxpayers Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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RoyceSponsor16 cosponsors · 16 R
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Barr
SF
R
Fincher
SG
R
Garrett
BH
R
Huizenga
RH
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Hultgren
FL
R
Lucas
MM
R
Mulvaney
RN
R
Neugebauer
RP
R
Pittenger
MS
R
Stutzman
LW
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Westmoreland
RW
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Williams
RH
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Hurt
JH
R
Hill
PM
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McHenry
SP
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Pearce12 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs), after enactment of this Act and 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 27, 2015
Pay Back the Taxpayers Act of 2015
Prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs), after enactment of this Act and 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 set aside by a GSE, before enactment of this Act, for either Trust Fund but not yet allocated or transferred to it, not to be so allocated or transferred but to be covered into the General Fund of the Treasury and used only for reducing the federal budget deficit.
Requires any amounts paid or repaid to the Secretary of the Treasury by a GSE, in any form after enactment, and during any conservatorship or receivership of the GSE, to be covered into the General Fund and for the same purpose only.
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 2015
Latest action (Jan 27, 2015): Referred to the House Committee on Financial Services.
Policy area: Housing and Community Development · Origin: House · Introduced: Jan 27, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.