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HR 2243 114th Congress House

Equity in Government Compensation Act of 2015

Official title: To suspend the current compensation packages for the senior executives of Fannie Mae and Freddie Mac and establish compensation for such positions in accordanc… Show full official titleShow less

Official title: To suspend the current compensation packages for the senior executives of Fannie Mae and Freddie Mac and establish compensation for such positions in accordance with rates of pay for senior employees in the Executive Branch of the Federal Government, and for other purposes.

Introduced: July 22, 2015 See on congress.gov
Housing and Community Development Corporate finance and managementGovernment corporations and government-sponsored enterprisesHousing finance and home ownershipWages and earnings
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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 8 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2015
Placed on the Union Calendar, Calendar No. 261.
Nov 16, 2015
Committee on Oversight and Government discharged.
Nov 16, 2015
Reported (Amended) by the Committee on Financial Services. H. Rept. 114-339, Part I.
Jul 29, 2015
Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 1.
Jul 29, 2015
Committee Consideration and Mark-up Session Held.
Jul 28, 2015
Committee Consideration and Mark-up Session Held.
May 8, 2015
Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, 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.
May 8, 2015
Introduced in House
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 Latest action November 16, 2015

Placed on the Union Calendar, Calendar No. 261.

 Plain-English summary Congressional Research Service

Equity in Government Compensation Act of 2015

(Sec. 3) This bill requires the Director of the Federal Housing Finance Agency to: (1) suspend immediately the compensation packages approved for 2015 for the chief executive officers of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs); and (2) establish, in lieu of such packages, the compensation and benefits for each such officer at the same level in effect as of January 1, 2015.

Such compensation and benefits may not thereafter be increased.

This requirement may not be construed to affect the applicability to the chief executive officer of each GSE of the prohibition against receiving bonuses during any period of conservatorship on or after April 4, 2012.

(Sec. 4) Any executive officer affected by this Act shall not be considered a federal employee.

 Related & companion bills 1
  • S 2036 Related bill Equity in Government Compensation Act of 2015
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Republican 1
R
Latta, Robert E.
Ohio · Jul 22, 2015
Blum, Rod
· May 19, 2015
Poliquin, Bruce
· May 8, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2243: Equity in Government Compensation Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-HR-2243/
MLA
"H.R. 2243: Equity in Government Compensation Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-2243/.
Bluebook (legal)
H.R. 2243, 114th Cong. (2026), https://openamerica.io/bill/114-HR-2243/.
Markdown link
[H.R. 2243: Equity in Government Compensation Act of 2015](https://openamerica.io/bill/114-HR-2243/)
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