US HB2439 | 2011-2012 | 112th Congress

Status

Sponsorship: Partisan Bill (Republican 3)
Status: Introduced on May 25 2011 - 25% progression, died in chamber
Action: 2011-07-12 - Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
Text: Latest bill text (Introduced) [PDF]

Summary

Removing GSEs Charters During Receivership Act of 2011 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to authorize the Federal Housing Finance Agency (FHFA), as a receiver of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs), to revoke the charters of such enterprises. Requires the FHFA to revoke the particular GSE's charter not later than the winbding up or termination of the limited-life regulated entity established with respect to such GSE Repeals the current prohibition against revocation, annulment, or termination of a GSE's charter by the receiver.

Tracking Information

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Title

Removing GSEs Charters During Receivership Act of 2011

Sponsors


History

DateChamberAction
2011-07-12HouseForwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
2011-07-12HouseSubcommittee Consideration and Mark-up Session Held.
2011-07-11HouseReferred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
2011-07-07HouseReferred to the House Committee on Financial Services.
2011-05-25HouseHearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.

Subjects


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