H.R. 5599 · 116th Congress
Fulfilling the Promise of the Housing Trust Fund Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
HeckSponsor16 cosponsors · 16 D
D
Blumenauer
WC
D
Clay
EP
D
Perlmutter
CM
D
Maloney
SL
D
Lynch
AL
D
Lawson
SM
D
Murphy
SP
D
Peters
DS
D
Scott
NT
D
Torres
CG
D
García
BF
D
Foster
AK
D
Kuster
AS
D
Schiff
DK
D
Kilmer
AB
D
Bera3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill specifies that amounts received from fee increases on mortgage-backed securities guaranteed by the Federal National Mortgage Association (Fannie Mae) or participation certificates guaranteed by the Federal Home Loan Mortgage Corporation (Freddie Mac) on or after October 1, 2021, must be deposited into the Housing Trust Fund, which is dedicated to…
What it does: CRS summary · Introduced in House · Jan 14, 2020
Fulfilling the Promise of the Housing Trust Fund Act
This bill specifies that amounts received from fee increases on mortgage-backed securities guaranteed by the Federal National Mortgage Association (Fannie Mae) or participation certificates guaranteed by the Federal Home Loan Mortgage Corporation (Freddie Mac) on or after October 1, 2021, must be deposited into the Housing Trust Fund, which is dedicated to producing and preserving affordable housing. Such amounts shall be available without further appropriation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Fulfilling the Promise of the Housing Trust Fund Act
Latest action (Jan 14, 2020): Referred to the House Committee on Financial Services.
Policy area: Housing and Community Development · Origin: House · Introduced: Jan 14, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.