GSE Jumpstart Reauthorization Act of 2017
USA115th CongressHR-4560| House
| Updated: 4/24/2018
J. French Hill
Republican Representative
Arkansas
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 33 - 27.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 497.
Reported by the Committee on Financial Services. H. Rept. 115-648.
Finance and Financial Sector
Administrative law and regulatory proceduresGovernment corporations and government-sponsored enterprisesGovernment trust fundsHousing supply and affordabilitySecurities
GSE Jumpstart Reauthorization Act of 2017
USA115th CongressHR-4560| House
| Updated: 4/24/2018
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.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 33 - 27.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 497.
Reported by the Committee on Financial Services. H. Rept. 115-648.
J. French Hill
Republican Representative
Arkansas
Financial Services Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresGovernment corporations and government-sponsored enterprisesGovernment trust fundsHousing supply and affordabilitySecurities