H.R.7254: To prohibit government-sponsored enterprises from making lobbying expenditures, political contributions, or other certain contributions.

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about law
  • Introduced Oct. 3, 2008
  • Latest Major Action Oct. 3, 2008

Bill Summary

Prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) and their affiliates from making: (1) lobbying expenditures; (2) political contributions; or (3) contributions to any nonprofit tax-exempt organization.Declares that violating this Act shall constitute violation of federal law limiting the use of appropriated funds to influence certain federal contracting and financial...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Oct. 3, 2008

Introduced in the House by Mary Bono Mack (R-Calif.)

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