US Congress House Bill 6397 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 12-0)
Status: Introduced on September 13 2012 - 25% progression, died in committee
Action: 2012-10-01 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Pending: House Subcommittee on Capital Markets and Government Sponsored Enterprises Committee
Text: Latest bill text (Introduced) [PDF]

Defending American Taxpayers From Abusive Government Takings Act of 2012 - Amends the Federal National Mortgage Association Charter Act to prohibit the Federal National Mortgage Association (Fannie Mae) from purchasing any mortgage secured by a structure or dwelling unit located within a county that contains any structure or dwelling unit that secures or secured a residential mortgage loan that the state or any territory, including any agency or political subdivision, obtained during the preceding 120 months by eminent domain. Amends the Federal Home Loan Mortgage Corporation Act to prohibit the Federal Home Loan Mortgage Corporation (Freddie Mac) from doing the same. Amends the National Housing Act to prohibit the Secretary of Housing and Urban Development (HUD) from newly insuring any mortgage secured by a structure or dwelling unit located in such a county. Prohibits the Secretary from guaranteeing, making, or insuring a housing or small business loan for a residence located in such a county.

Defending American Taxpayers From Abusive Government Takings Act of 2012

Rep. John Campbell [R-CA]	Rep. Roscoe Bartlett [R-MD]	Rep. Dan Burton [R-IN]	Rep. Ken Calvert [R-CA]
Rep. Francisco Canseco [R-TX]	Rep. Steve Chabot [R-OH]	Rep. Jeb Hensarling [R-TX]	Rep. Tim Huelskamp [R-KS]
Rep. Sue Myrick [R-NC]	Rep. Dennis Ross [R-FL]	Rep. Glenn Thompson [R-PA]	Rep. Joe Walsh [R-IL]

Date	Chamber	Action
2012-10-01	House	Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
2012-09-21	House	Referred to the Subcommittee on Economic Opportunity.
2012-09-13	House	Referred to House Veterans' Affairs
2012-09-13	House	Referred to House Financial Services
2012-09-13	House	Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, 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.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/6397/all-info
Text	https://www.congress.gov/112/bills/hr6397/BILLS-112hr6397ih.pdf