US SB1463 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 14 2019 - 25% progression, died in committee
Action: 2019-05-14 - Read twice and referred to the Committee on the Budget.
Pending: Senate Budget Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 14 2019 - 25% progression, died in committee
Action: 2019-05-14 - Read twice and referred to the Committee on the Budget.
Pending: Senate Budget Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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 of legislation to evaluate budget points of order. Fannie Mae and Freddie Mac purchase mortgages and charge the fees to guarantee the payment of principal and interest. 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.
Title
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.
Sponsors
Sen. David Perdue [R-GA] | Sen. Robert Menendez [D-NJ] | Sen. Thom Tillis [R-NC] | Sen. Jon Tester [D-MT] |
Sen. Martha McSally [R-AZ] |
History
Date | Chamber | Action |
---|---|---|
2019-05-14 | Senate | Read twice and referred to the Committee on the Budget. |
Subjects
Budget deficits and national debt
Budget process
Government corporations and government-sponsored enterprises
Government lending and loan guarantees
Housing and community development
Housing finance and home ownership
Legislative rules and procedure
Senate
User charges and fees
Budget process
Government corporations and government-sponsored enterprises
Government lending and loan guarantees
Housing and community development
Housing finance and home ownership
Legislative rules and procedure
Senate
User charges and fees
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1463/all-info |
Text | https://www.congress.gov/116/bills/s1463/BILLS-116s1463is.pdf |