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Senate Bill 1463
116th Congress(2019-2020)
A bill to establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit.
Introduced
Introduced
Introduced in Senate on May 14, 2019
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Introduced in Senate 
May 14, 2019
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Introduced in Senate(May 14, 2019)
May 14, 2019
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S. 1463 (Introduced-in-Senate)


116th CONGRESS
1st Session
S. 1463


To establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit.

IN THE SENATE OF THE UNITED STATES

May 14, 2019

Mr. Perdue (for himself, Mr. Menendez, Mr. Tillis, and Mr. Tester) introduced the following bill; which was read twice and referred to the Committee on the Budget

A BILL

To establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Prohibiting the use of guarantee fees as an offset.

In the Senate, for purposes of determining budgetary impacts to evaluate points of order under the Congressional Budget Act of 1974, any previous budget resolution, and any subsequent budget resolution, provisions contained in any bill, resolution, amendment, motion, or conference report that increases, or extends the increase of, any guarantee fees of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation shall not be scored with respect to the level of budget authority, outlays, or revenues contained in such legislation.