US HB4893 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 11 2016 - 25% progression, died in committee
Action: 2016-04-11 - Referred to House Budget
Pending: House Budget Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 11 2016 - 25% progression, died in committee
Action: 2016-04-11 - Referred to House Budget
Pending: House Budget Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Risk Management and Homeowner Stability Act of 2016 This bill amends the Congressional Budget Act of 1974 to prohibit the chairs of the congressional budget committees from counting increases to guarantee fees as offsets for budget enforcement purposes. The bill includes an exception for legislation that increases guarantee fees to finance reforms to the secondary mortgage market. (Guarantee fees are charged by enterprises, such as the Federal National Mortgage Association [Fannie Mae] and the Federal Home Loan Mortgage Corporation [Freddie Mac], to guarantee the payment of principal and interest on loans. This bill prevents the fees from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.)
Title
Risk Management and Homeowner Stability Act of 2016
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-04-11 | House | Referred to House Budget |
2016-04-11 | House | Referred to House Rules |
2016-04-11 | House | Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
2016-04-11 | House | Introduced in House |
Subjects
Budget deficits and national debt
Budget process
Economics and public finance
Financial services and investments
Housing finance and home ownership
User charges and fees
Budget process
Economics and public finance
Financial services and investments
Housing finance and home ownership
User charges and fees
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/4893/all-info |
Text | https://www.congress.gov/114/bills/hr4893/BILLS-114hr4893ih.pdf |