House Bill 4560
115th Congress(2017-2018)
GSE Jumpstart Reauthorization Act of 2017
Introduced
Introduced in House on Dec 6, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4560
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
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.
04/24/2018
Placed on the Union Calendar, Calendar No. 497.
04/24/2018
Reported by the Committee on Financial Services. H. Rept. 115-648.
12/13/2017
Ordered to be Reported by the Yeas and Nays: 33 - 27.
12/13/2017
Committee Consideration and Mark-up Session Held.
12/12/2017
Committee Consideration and Mark-up Session Held.
12/06/2017
Referred to the House Committee on Financial Services.
12/06/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:39:18 PM