GSE Portfolio Risk Reduction Act of 2011

Summary

GSE Portfolio Risk Reduction Act of 2011 - Amends the Housing and Community Development Act of 1992 to prohibit the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs) from owning mortgage assets in excess of: (1) $700 billion one year after enactment of this Act; (2) $600 billion two years after enactment of this Act; (3) $475 billion three years after enactment of this Act; (4) $350 billion four years after enactment of this Act; and (5) $250 billion five years after enactment of this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 29 March 2011

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 29 March 2011

   Introduced

   Introduced in House

   Source: IntroReferral

3. 29 March 2011

   Introduced

   Introduced in House

   Source: IntroReferral

4. 31 March 2011

   Committee

   Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.

   Source: Committee

5. 4 April 2011

   Referred

   Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

   Source: Committee

6. 5 April 2011

   Committee

   Subcommittee Consideration and Mark-up Session Held.

   Source: Committee

7. 6 April 2011

   Vote

   Forwarded by Subcommittee to Full Committee (Amended) by the Yeas and Nays: 20 - 14 .

   Source: Committee

8. 6 April 2011

   Committee

   Subcommittee Consideration and Mark-up Session Held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 29 March 2011 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 March 2011

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 29 March 2011

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 29 March 2011

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Hensarling, Jeb [R-TX-5] · R · Sponsor
• Rep. Bachus, Spencer [R-AL-6] · R · Sponsor
• Rep. Garrett, Scott [R-NJ-5] · R · Sponsor
• Rep. Pearce, Stevan [R-NM-2] · R · Sponsor
• Sen. Capito, Shelley Moore [R-WV] · R · Cosponsor
• Rep. Canseco, Francisco "Quico" [R-TX-23] · R · Cosponsor
• · hsba00 · Standing

Related records

• related to → Spending Reduction Act of 2011
• related to → GSE Bailout Elimination and Taxpayer Protection Act
• related to ← Spending Reduction Act of 2011
• related to ← GSE Bailout Elimination and Taxpayer Protection Act