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.

referredUnited States· United States Congress· EN

Introduced

17 March 2015

Last action

—

Status

Read twice and referred to the Committee on the Budget.

Summary

This bill 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 for evaluating budget points of order. Fannie Mae and Freddie Mac purchase mortgages and charge the fees to guarantee the payment of principal and interest. This bill 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.

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Documents

3 official files

Introduced in Senate (text)
Introduced in Senate · EN · 17 March 2015
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Introduced in Senate (PDF)
Introduced in Senate · EN · 17 March 2015
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Introduced in Senate
summary · EN · 17 March 2015
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/114th-congress/senate-bill/752
Open data entity: https://api.congress.gov/v3/bill/114/s/752