Skip to main content
HR 3901 113th Congress House

Pay Back the Taxpayers Act of 2014

Official title: To prohibit contributions by Fannie Mae and Freddie Mac to the Housing Trust Fund and the Capital Market Fund while such enterprises are in conservatorship or receivership, and for other purposes.

Introduced: January 16, 2014 See on congress.gov
Housing and Community Development BankruptcyBudget deficits and national debtGovernment corporations and government-sponsored enterprisesGovernment trust funds
More subjectsShow fewer subjects
Housing and community development fundingHousing finance and home ownership
Sign in to write a letter Sign in to watch
This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 16, 2014
Referred to the House Committee on Financial Services.
Jan 16, 2014
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 January 16, 2014

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Pay Back the Taxpayers Act of 2014 - Prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs), during the term of any conservatorship or receivership, from making any contribution or transfer to, or allocating or setting aside any amounts for, the Housing Trust Fund or the Capital Magnet Fund.

Requires any amounts paid or repaid to the Secretary of the Treasury by a GSE in any form, during any conservatorship or receivership of the GSE, to be covered into the General Fund of the Treasury and used only for reducing the federal budget deficit.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 18
All 18 Republican 5
Poe, Ted
· Jun 19, 2014
Bachmann, Michele
· Jan 16, 2014
BACHUS, SPENCER
· Jan 16, 2014
Campbell, John
· Jan 16, 2014
 R
Capito, Shelley Moore
West Virginia · Jan 16, 2014
 R
Cotton, Tom
Arkansas · Jan 16, 2014
Duffy, Sean
· Jan 16, 2014
Garrett, Scott
· Jan 16, 2014
Hensarling, Jeb
· Jan 16, 2014
 R
Huizenga, Bill
Michigan · Jan 16, 2014
Hultgren, Randy
· Jan 16, 2014
 R
Lucas, Frank D.
Oklahoma · Jan 16, 2014
McHenry, Patrick
· Jan 16, 2014
Neugebauer, Randy
· Jan 16, 2014
Pittenger, Robert
· Jan 16, 2014
Ross, Dennis
· Jan 16, 2014
 R
Wagner, Ann
Missouri · Jan 16, 2014
Westmoreland, Lynn
· Jan 16, 2014
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3901: Pay Back the Taxpayers Act of 2014. 113th Congress. Open America. https://openamerica.io/bill/113-HR-3901/
MLA
"H.R. 3901: Pay Back the Taxpayers Act of 2014." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-3901/.
Bluebook (legal)
H.R. 3901, 113th Cong. (2026), https://openamerica.io/bill/113-HR-3901/.
Markdown link
[H.R. 3901: Pay Back the Taxpayers Act of 2014](https://openamerica.io/bill/113-HR-3901/)
Report a problem