S 2036 114th Congress Senate

Equity in Government Compensation Act of 2015

Official title: A bill to suspend the current compensation packages for the chief executive officers of Fannie Mae and Freddie Mac, and for other purposes.

Introduced: September 15, 2015 See on congress.gov

Housing and Community Development Government corporations and government-sponsored enterprisesGovernment employee pay, benefits, personnel managementHousing finance and home ownershipWages and earnings

Everywhere this bill has been 15 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Nov 25, 2015

Became Public Law No: 114-93.

Nov 25, 2015

Signed by President.

Nov 19, 2015

Presented to President.

Nov 16, 2015

Motion to reconsider laid on the table Agreed to without objection.

Nov 16, 2015

On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8221-8222)

Nov 16, 2015

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H8221-8222)

Nov 16, 2015

DEBATE - The House proceeded with forty minutes of debate on S. 2036.

Nov 16, 2015

Considered under suspension of the rules. (consideration: CR H8221-8223)

Nov 16, 2015

Mr. Hensarling moved to suspend the rules and pass the bill.

Sep 16, 2015

Held at the desk.

Sep 16, 2015

Received in the House.

Sep 16, 2015

Message on Senate action sent to the House.

Sep 15, 2015

Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S6659; text as passed Senate: CR S6659)

Sep 15, 2015

Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.(consideration: CR S6659; text as passed Senate: CR S6659)

Sep 15, 2015

Introduced in Senate

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Latest action November 25, 2015

Became Public Law No: 114-93.

Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The expanded summary of the Senate passed version is repeated here.)

Equity in Government Compensation Act of 2015

(Sec. 3) This bill requires the Director of the Federal Housing Finance Agency to suspend the compensation packages approved for 2015 for the chief executive officers of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (government sponsored enterprises or GSEs), and any affiliates, and in lieu of such packages establish the compensation and benefits for each such chief executive officer at the same level in effect for that officer as of January 1, 2015. Such compensation and benefits may not thereafter be increased.

This suspension shall not be construed to affect the prohibition of the STOCK Act against receipt of bonuses by the chief executive officer of each GSE during any period of conservatorship. It shall only apply to such a chief executive officer if the GSE is in conservatorship or receivership as a critically undercapitalized regulated entity pursuant to the Federal Housing Enterprises Financial Safety and Soundness Act of 1992.

(Sec. 4) Any chief executive officer affected by this compensation package suspension shall not be considered a federal employee.

Related & companion bills 2

Bill text 4 versions

Considered and Passed Senate Formatted Text PDF Formatted XML
Engrossed in Senate Formatted Text PDF Formatted XML
Enrolled Bill Formatted Text PDF Formatted XML
Public Law Formatted Text PDF United States Legislative Markup

Source documents hosted by congress.gov.

Cosponsors 1

Warren, Elizabeth

Massachusetts · Sep 15, 2015

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APA

U.S. Congress. (2026). S. 2036: Equity in Government Compensation Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-S-2036/

MLA

"S. 2036: Equity in Government Compensation Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-2036/.

Bluebook (legal)

S. 2036, 114th Cong. (2026), https://openamerica.io/bill/114-S-2036/.

Markdown link

[S. 2036: Equity in Government Compensation Act of 2015](https://openamerica.io/bill/114-S-2036/)