US Congress House Bill 5055 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on November 12 2019 - 25% progression, died in committee
Action: 2019-11-12 - Referred to the Committee on Rules, and in addition to the Committee on the Budget, 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.
Pending: House Rules Committee
Text: Latest bill text (Introduced) [PDF]

Prohibits the chairs of the congressional budget committees from counting increases to guarantee fees as offsets for budget enforcement purposes. The bill includes an exception for legislation that increases guarantee fees to finance reforms to the secondary mortgage market. (Guarantee fees are charged by enterprises, such as the Federal National Mortgage Association [Fannie Mae] and the Federal Home Loan Mortgage Corporation [Freddie Mac], to guarantee the payment of principal and interest on loans. prevents the fees from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.)

Homebuyer Protection Act of 2019

Rep. Brad Sherman [D-CA]

Rep. Lee Zeldin [R-NY]

Rep. French Hill [R-AR]

Date	Chamber	Action
2019-11-12	House	Referred to the Committee on Rules, and in addition to the Committee on the Budget, 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.
2019-11-12	House	Referred to the Committee on Rules, and in addition to the Committee on the Budget, 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.
2019-11-12	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/5055/all-info
Text	https://www.congress.gov/116/bills/hr5055/BILLS-116hr5055ih.pdf