HR 4560 · 115th Congress · Finance and Financial Sector

GSE Jumpstart Reauthorization Act of 2017

Introduced 2017-12-06· Sponsored by Rep. Hill, J. French [R-AR-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 497.(2018-04-24)

Plain Language Summary

[AI summary unavailable — showing source text] GSE Jumpstart Reauthorization Act of 2017 This bill prohibits the Department of the Treasury, until 2019, from selling shares acquired from the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) under the Senior Preferred Stock Purchase Agreement. The bill also requires Fannie Mae and Freddie Mac to suspend their annual contributions to specified affordable housing trust funds in any year in which they do not make dividend payments to Treasury.…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 4560, GSE Jumpstart Reauthorization Act of 2017

Feb 9, 2018

As ordered reported by the House Committee on Financial Services on December 13, 2017

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office