Skip to main content
HR 6397 112th Congress House

Defending American Taxpayers From Abusive Government Takings Act of 2012

Official title: To prohibit Fannie Mae and Freddie Mac from purchasing, the FHA from insuring, and the Department of Veterans Affairs from guaranteeing, making, or insuring, a… Show full official titleShow less

Official title: To prohibit Fannie Mae and Freddie Mac from purchasing, the FHA from insuring, and the Department of Veterans Affairs from guaranteeing, making, or insuring, a mortgage that is secured by a residence or residential structure located in a county in which the State has used the power of eminent domain to take a residential mortgage.

Introduced: September 20, 2012 See on congress.gov
Housing and Community Development Government corporations and government-sponsored enterprisesGovernment lending and loan guaranteesHousing finance and home ownershipProperty rights
More subjectsShow fewer subjects
State and local government operationsVeterans' loans, housing, homeless programs
Sign in to write a letter Sign in to watch
This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 1, 2012
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Sep 21, 2012
Referred to the Subcommittee on Economic Opportunity.
Sep 13, 2012
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sep 13, 2012
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action October 1, 2012

Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

 Plain-English summary Congressional Research Service

Defending American Taxpayers From Abusive Government Takings Act of 2012 - Amends the Federal National Mortgage Association Charter Act to prohibit the Federal National Mortgage Association (Fannie Mae) from purchasing any mortgage secured by a structure or dwelling unit located within a county that contains any structure or dwelling unit that secures or secured a residential mortgage loan that the state or any territory, including any agency or political subdivision, obtained during the preceding 120 months by eminent domain.

Amends the Federal Home Loan Mortgage Corporation Act to prohibit the Federal Home Loan Mortgage Corporation (Freddie Mac) from doing the same.

Amends the National Housing Act to prohibit the Secretary of Housing and Urban Development (HUD) from newly insuring any mortgage secured by a structure or dwelling unit located in such a county.

Prohibits the Secretary from guaranteeing, making, or insuring a housing or small business loan for a residence located in such a county.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
 Cosponsors 7
All 7 Republican 2
R
Thompson, Glenn
Pennsylvania · Sep 21, 2012
BARTLETT, ROSCOE
· Sep 20, 2012
BURTON, DAN
· Sep 20, 2012
 R
Calvert, Ken
California · Sep 20, 2012
Hensarling, Jeb
· Sep 20, 2012
MYRICK, SUE
· Sep 20, 2012
Ross, Dennis
· Sep 20, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6397: Defending American Taxpayers From Abusive Government Takings Act of 2012. 112th Congress. Open America. https://openamerica.io/bill/112-HR-6397/
MLA
"H.R. 6397: Defending American Taxpayers From Abusive Government Takings Act of 2012." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-6397/.
Bluebook (legal)
H.R. 6397, 112th Cong. (2026), https://openamerica.io/bill/112-HR-6397/.
Markdown link
[H.R. 6397: Defending American Taxpayers From Abusive Government Takings Act of 2012](https://openamerica.io/bill/112-HR-6397/)
Report a problem