GSE Jumpstart Reauthorization Act of 2017

United States115th CongressHR-4560House of Representatives
Updated: Apr 24, 2018

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.

Bill texts

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Timeline

  1. Ordered to be Reported by the Yeas and Nays: 33 - 27.

    House of Representatives

  2. Committee Consideration and Mark-up Session Held.

    House of Representatives

  3. Reported by the Committee on Financial Services. H. Rept. 115-648.

    House of Representatives

  4. Placed on the Union Calendar, Calendar No. 497.

    House of Representatives