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HR 4560 115th Congress House Finance and Financial Sector Administrative law and regulatory procedures Government corporations and government-sponsored enterprises Government trust funds Housing supply and affordability Securities

GSE Jumpstart Reauthorization Act of 2017

Introduced: December 6, 2017 Introduced by: Hill, J. French Republican · Arkansas See on congress.gov
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 24, 2018
Placed on the Union Calendar, Calendar No. 497.
Apr 24, 2018
Reported by the Committee on Financial Services. H. Rept. 115-648.
Dec 13, 2017
Ordered to be Reported by the Yeas and Nays: 33 - 27.
Dec 13, 2017
Committee Consideration and Mark-up Session Held.
Dec 12, 2017
Committee Consideration and Mark-up Session Held.
Dec 6, 2017
Referred to the House Committee on Financial Services.
Dec 6, 2017
Introduced in House
 Plain-English summary Congressional Research Service

GSE Jumpstart Reauthorization Act of 2017

This bill prohibits the Department of the Treasury, until 2019, from selling shares acquired from the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) under the Senior Preferred Stock Purchase Agreement. The bill also requires Fannie Mae and Freddie Mac to suspend their annual contributions to specified affordable housing trust funds in any year in which they do not make dividend payments to Treasury.

What's happening now April 24, 2018

Placed on the Union Calendar, Calendar No. 497.

 Committees of jurisdiction 1