H.R. 4560 · 115th Congress
GSE Jumpstart Reauthorization Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HillSponsorNo cosponsors.
This bill prohibits the Department of the Treasury, until 2019, from selling shares acquired from the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) under the Senior Preferred Stock Purchase Agreement.
What it does: CRS summary · Introduced in House · Dec 6, 2017
GSE Jumpstart Reauthorization Act of 2017
This bill prohibits the Department of the Treasury, until 2019, from selling shares acquired from the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) under the Senior Preferred Stock Purchase Agreement. The bill also requires Fannie Mae and Freddie Mac to suspend their annual contributions to specified affordable housing trust funds in any year in which they do not make dividend payments to Treasury.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: GSE Jumpstart Reauthorization Act of 2017
Latest action (Apr 24, 2018): Placed on the Union Calendar, Calendar No. 497.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Dec 6, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.