A bill to establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Mar 17, 2015)
This bill prohibits increases in Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee fees from being used in the Senate to determine the budgetary impact for evaluating budget points of order. Fannie Mae and Freddie Mac purchase mortgages and charge the fees to guarantee the payment of principal and interest. This bill prevents the fee increases from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.
What just happenedMar 17, 2015
Read twice and referred to the Committee on the Budget.
Who’s behind it
- Introduced in SenateMar 17, 2015
- Mar 17, 2015IntroReferral
Read twice and referred to the Committee on the Budget.
Budget Committee - Mar 17, 2015IntroReferral10000
Introduced in Senate