H.R.3340: Fannie-Freddie Debt Elimination Act of 2013

About This Bill

  • Introduced Oct. 24, 2013
  • Latest Major Action Oct. 24, 2013

Bill Summary

Fannie-Freddie Debt Elimination Act of 2013 - Requires any amounts paid or repaid to the Secretary of the Treasury by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) to be transferred to the special Treasury account into which money received as gifts and proceeds from the sale or redemption of gifts is deposited for reduction of the national debt. Prohibits the Secretary from...

(Source: Library of Congress)

Bill Actions

Date Description
Oct. 24, 2013
Referred to the House Committee on Financial Services.
Oct. 24, 2013

Introduced in the House by Jack Kingston (R-Ga.)

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