H.R.2462: Cap the GSE Bailout Act of 2011

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about housing and community development
  • Introduced July 8, 2011
  • Latest Major Action July 12, 2011

Bill Summary

Cap the GSE Bailout Act of 2011 - Limits the funds that may be provided to the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), or any Federal Home Loan Bank (government sponsored enterprises or GSEs) as part of the Amended and Restated Senior Preferred Stock Purchase Agreement to the greater of: (1) $200 billion; or (2) $200 billion plus the cumulative total of deficiency amounts of...

(Source: Library of Congress)

Bill Actions

Date Description
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
July 8, 2011

Introduced in the House by Michael G. Fitzpatrick (R-Pa.)

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