HR 1225 · 112th Congress · Housing and Community Development

GSE Debt Issuance Approval Act of 2011

Introduced 2011-03-29· Sponsored by Rep. Pearce, Stevan [R-NM-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 18 - 0 and 1 Present.(2011-04-06)

Plain Language Summary

[AI summary unavailable — showing source text] GSE Debt Issuance Approval 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 issuing any debt security, obligation, or instrument unless it gets advance approval from the Secretary of the Treasury.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

5 Republicans