Government-Sponsored Enterprises User Fee Act of 1985

Summary

Government-Sponsored Enterprises User Fee Act of 1985 - Requires the Secretary of the Treasury to assess each Government-sponsored enterprise a quarterly fee based on the amount of the outstanding obligations of such enterprise. Imposes interest charges on late payments. Defines a Government-sponsored enterprise as the Federal Home Loan Banks, the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, the Central and Regional Banks for Cooperatives, the Federal Intermediate Credit Banks, the Federal Land Banks, the Student Loan Marketing Association, their subsidiaries, and subsequently created entities with analogous functions.

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Timeline

1. 9 September 1985

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 9 September 1985

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 9 September 1985

  Open at official source

Sponsors

• Sen. Garn, E. J. (Jake) [R-UT] · R · Sponsor
• · ssbk00 · Standing

Related records

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