S. 752
Referred to CommitteeA 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.
Latest Action
Read twice and referred to the Committee on the Budget.
3/17/2015 • Senate
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.
Introduced in Senate • 3/17/2015
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Sponsor & Cosponsors (14)
Party Breakdown
Sponsor
Cosponsors (13)
Bill Journey
Originated in the Senate
Introduced
March 17, 2015
Read twice and referred to the Committee on the Budget.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (2)
S.Con.Res. 11
An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025.
S. 1910
Financial Services and General Government Appropriations Act, 2016