Bills
H.R.1461

H.R.1461: Federal Housing Finance Reform Act of 2005

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About This Bill

This bill was introduced in the 109th Congress
This bill is primarily about congress
Introduced April 5, 2005
Latest Major Action Oct. 31, 2005
See the three similar bills introduced in other congresses.

Bill Sponsor

Richard Hugh Baker (R-La.)

Bill Cosponsors

19 (All Republicans)

Bill Summary

Federal Housing Finance Reform Act of 2005 - Title I: Reform of Regulation of Enterprises and Federal Home Loan Banks - Subtitle A: Improvement of Safety and Soundness - (Sec. 101) Amends the Housing and Community Development Act of 1992 (Act) to establish the Federal Housing Finance Agency (FHFA), which shall have supervisory and regulatory authority over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.1461.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.1461.

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Bill Actions

Date	Description
	Referred to the House Committee on Financial Services.
	Committee Consideration and Mark-up Session Held.
	Ordered to be Reported (Amended) by the Yeas and Nays: 65 - 5.
	Reported (Amended) by the Committee on 109-171, Part I.
	Referred sequentially to the House Committee on the Judiciary for a period ending not later than Sept. 16, 2005 for consideration of such provisions of the bill and amendment as fall within the jurisdiction of that committee pursuant to clause 1(1), rule X.
	Committee on Judiciary discharged.
	Placed on the Union Calendar, Calendar No. 126.
	Rules Committee Resolution H. Res. 509 Reported to House. Rule provides for consideration of H.R. 1461 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order.
	Rule H. Res. 509 passed House.
	Considered under the provisions of rule H. Res. 509.
	Rule provides for consideration of H.R. 1461 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order.
	House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 509 and Rule XVIII.
	The Speaker designated the Honorable Michael K. Simpson to act as Chairman of the Committee.
	GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1461.
	DEBATE - Pursuant to the provisions of H. Res. 509, the Committee of the Whole proceeded with 20 minutes of debate on the Oxley amendment.
	POSTPONED PROCEEDINGS - At the conclusion of debate on the Oxley amendment the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Oxley demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
	DEBATE - Pursuant to the provisions of H. Res. 509, the Committee of the Whole proceeded with 10 minutes of debate on the Carson amendment.
	DEBATE - Pursuant to the provisions of H. Res. 509, the Committee of the Whole proceeded with 10 minutes of debate on the Davis (AL) amendment.
	DEBATE - Pursuant to the provisions of H. Res. 509, the Committee of the Whole proceeded with 10 minutes of debate on the Leach amendment.
	POSTPONED PROCEEDINGS - At the conclusion of debate on the Leach amendment the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Leach demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
	UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
	DEBATE - Pursuant to H. Res. 509, the Committee of the Whole proceeded with 10 minutes of debate on the Royce amendment.
	POSTPONED PROCEEDINGS - At the conclusion of debate on the Royce amendment the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Royce demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
	DEBATE - Pursuant to H. Res. 509, the Committee of the Whole proceeded with 10 minutes of debate on the Paul amendment.
	POSTPONED PROCEEDINGS - At the conclusion of debate on the Paul amendment the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Paul demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
	DEBATE - Pursuant to H. Res. 509, the Committee of the Whole proceeded with 10 minutes of debate on the Garrett (NJ) amendment.
	POSTPONED PROCEEDINGS - At the conclusion of debate on the Garrett (NJ) amendment the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Garrett (NJ) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
	DEBATE - Pursuant to H. Res. 509, the Committee of the Whole proceeded with 10 minutes of debate on the Loretta Sanchez amendment.
	Committee of the Whole House on the state of the Union rises leaving H.R. 1461 as unfinished business.
	Considered as unfinished business.
	The House resolved into Committee of the Whole House on the state of the Union for further consideration.
	DEBATE - Pursuant to H. Res. 509, the Committee of the Whole proceeded with 10 minutes of debate on the Kanjorski amendment.
	The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1461.
	The previous question was ordered pursuant to the rule.
	The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.
	Mr. Frank (MA) moved to recommit with instructions to Financial Services.
	Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Frank (MA) motion to recommit with instructions.
	The previous question on the motion to recommit with instructions was ordered without objection.
	On motion to recommit with instructions Failed by recorded vote: 200 - 220 (Roll no. 546).
	On passage Passed by recorded vote: 331 - 90 (Roll no. 547).
	Motion to reconsider laid on the table Agreed to without objection.
	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
April 5, 2005	Introduced in the House by Richard Hugh Baker (R-La.)

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