H.R.1222: GSE Subsidy Elimination Act of 2011

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about housing and community development
  • Introduced March 29, 2011
  • Latest Major Action April 6, 2011

Bill Summary

GSE Subsidy Elimination Act of 2011 - Amends the Housing and Community Development Act of 1992 to require the Director of the Federal Housing Finance Agency to require the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs) to charge a guarantee fee in connection with any guarantee of the timely payment of principal and interest on...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Subcommittee Consideration and Mark-up Session Held.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 25 - 9 .
March 29, 2011

Introduced in the House by Randy Neugebauer (R-Texas)

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