S 752
114th Congress
Senate
Housing and Community Development
Budget deficits and national debt
Budget process
Government corporations and government-sponsored enterprises
Government lending and loan guarantees
Housing finance and home ownership
Legislative rules and procedure
Senate
User charges and fees
A bill to establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 17, 2015
Read twice and referred to the Committee on the Budget.
Mar 17, 2015
Introduced in Senate
Plain-English summary
This bill prohibits increases in Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee fees from being used in the Senate to determine the budgetary impact for evaluating budget points of order. Fannie Mae and Freddie Mac purchase mortgages and charge the fees to guarantee the payment of principal and interest. This bill prevents the fee increases from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.
What's happening now
Read twice and referred to the Committee on the Budget.
Committees of jurisdiction
1