S 3471
110th Congress
Senate
Government Operations and Politics
Campaign funds
Charitable contributions
Finance and Financial Sector
Fines (Penalties)
Housing and Community Development
Law
Lobbying
Mortgage banks
Public corruption
Tax-exempt organizations
A bill to prohibit government-sponsored enterprises from making lobbying expenditures, political contributions, or other certain contributions.
Introduced: September 11, 2008
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 11, 2008
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Sep 11, 2008
Introduced in Senate
Plain-English summary
Prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) and their affiliates from making: (1) lobbying expenditures; (2) political contributions; or (3) contributions to any nonprofit tax-exempt organization.
Declares that violating this Act shall constitute violation of federal law limiting the use of appropriated funds to influence certain federal contracting and financial transactions (thus, imposing the same penalties).
What's happening now
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Committees of jurisdiction
1
Cosponsors
1