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HR 5381 115th Congress House

GRATER Act of 2018

Official title: To reduce and minimize the credit, guarantee, and insurance risk of all Federal Government programs by transferring such risk to the private sector at market terms, and for other purposes.

Introduced: March 22, 2018 See on congress.gov
Economics and Public Finance Administrative law and regulatory proceduresCongressional oversightCredit and credit marketsGovernment information and archives
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Government lending and loan guaranteesGovernment liabilityGovernment studies and investigationsLife, casualty, property insurancePublic-private cooperation
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 27, 2018
Ordered to be Reported (Amended) by Voice Vote.
Sep 27, 2018
Committee Consideration and Mark-up Session Held.
Sep 27, 2018
Approved Further Amendments To Measure Previously Reported.
Mar 22, 2018
Referred to the House Committee on Oversight and Government Reform.
Mar 22, 2018
Introduced in House
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 Latest action September 27, 2018

Ordered to be Reported (Amended) by Voice Vote.

 Plain-English summary Congressional Research Service

Government Risk and Taxpayer Exposure Reduction Act of 2018 or the GRATER Act of 2018

This bill requires federal departments and agencies that administer credit, guarantee, or insurance programs to develop and implement a strategy and plan to transfer, to the maximum extent possible, the credit, guarantee, and insurance risk of the programs to the private sector. The strategy and plan must also address the utilization and development of private risk capacity in program and award development and administration.

Federal departments and agencies that administer and award grants or aid must, in setting the terms for a new award, seek to utilize or encourage the development of, to the maximum extent possible, insurance risk capacity in the private sector in the United States and in foreign economies that receive or host grants or aid.

The risk that is transferred to the private sector under this bill must be transferred at market terms, through a variety of financial instruments, and in a sustained and transparent manner.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5381: GRATER Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-HR-5381/
MLA
"H.R. 5381: GRATER Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-5381/.
Bluebook (legal)
H.R. 5381, 115th Cong. (2026), https://openamerica.io/bill/115-HR-5381/.
Markdown link
[H.R. 5381: GRATER Act of 2018](https://openamerica.io/bill/115-HR-5381/)
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