Accurate Accounting of Fannie Mae and Freddie Mac Act

3.0.0 4653 2023-01-11T13:16:36Z 2023-01-11T13:16:36Z House H HR 2010-02-23 111 hsba00 Financial Services Committee House Standing Referred to 2010-02-23T15:31:47Z hswm00 Ways and Means Committee House Standing Referred to 2010-02-23T15:31:46Z hsbu00 Budget Committee House Standing Referred to 2010-02-23T15:31:45Z 2010-02-23 Referred to House Financial Services IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2010-02-23 Referred to House Ways and Means IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-02-23 Referred to the Committee on the Budget, and in addition to the Committees on Ways and Means, and Financial Services, 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. IntroReferral H11100-A 9 Library of Congress 2010-02-23 Referred to House Budget IntroReferral H11100 2 House floor actions hsbu00 Budget Committee 2010-02-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-02-23 Introduced in House IntroReferral 1000 9 Library of Congress G000548 Rep. Garrett, Scott [R-NJ-5] Scott Garrett R NJ 5 N B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2010-02-23 True Q000023 Rep. Quigley, Mike [D-IL-5] Mike Quigley D IL 5 2010-02-23 True H001036 Rep. Hensarling, Jeb [R-TX-5] Jeb Hensarling R TX 5 2010-02-23 True C001053 Rep. Cole, Tom [R-OK-4] Tom Cole R OK 4 2010-02-23 True C001047 Rep. Capito, Shelley Moore [R-WV-2] Shelley Capito R WV Moore 2 2010-02-23 True G000552 Rep. Gohmert, Louie [R-TX-1] Louie Gohmert R TX 1 2010-02-23 True N000182 Rep. Neugebauer, Randy [R-TX-19] Randy Neugebauer R TX 19 2010-02-23 True F000448 Rep. Franks, Trent [R-AZ-2] Trent Franks R AZ 2 2010-02-23 True P000591 Rep. Price, Tom [R-GA-6] Tom Price R GA 6 2010-02-23 True L000569 Rep. Luetkemeyer, Blaine [R-MO-9] Blaine Luetkemeyer R MO 9 2010-02-23 True R000487 Rep. Royce, Edward R. [R-CA-40] ED ROYCE R CA 40 2010-02-23 True G000550 Rep. Gingrey, Phil [R-GA-11] Phil Gingrey R GA 11 2010-02-23 True R000583 Rep. Rooney, Thomas J. [R-FL-16] Thomas Rooney R FL J. 16 2010-02-23 True P000373 Rep. Pitts, Joseph R. [R-PA-16] JOSEPH PITTS R PA R. 16 2010-02-23 True M001158 Rep. Marchant, Kenny [R-TX-24] Kenny Marchant R TX 24 2010-02-23 True R000582 Rep. Roe, David P. [R-TN-1] David Roe R TN P. 1 2010-02-23 True M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 2010-02-23 True B000208 Rep. Bartlett, Roscoe G. [R-MD-6] ROSCOE BARTLETT R MD G. 6 2010-02-23 True P000599 Rep. Posey, Bill [R-FL-15] Bill Posey R FL 15 2010-02-23 True F000456 Rep. Fleming, John [R-LA-4] John Fleming R LA 4 2010-02-23 True L000568 Rep. Lee, Christopher J. [R-NY-26] Christopher Lee R NY J. 26 2010-02-23 True S001164 Rep. Schmidt, Jean [R-OH-2] Jean Schmidt R OH 2 2010-02-23 True L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2010-02-23 True G000377 Rep. Granger, Kay [R-TX-12] KAY GRANGER R TX 12 2010-02-23 True F000453 Rep. Fallin, Mary [R-OK-5] Mary Fallin R OK 5 2010-02-23 True L000567 Rep. Lance, Leonard [R-NJ-7] Leonard Lance R NJ 7 2010-02-23 True K000362 Rep. King, Steve [R-IA-5] Steve King R IA 5 2010-02-23 True C001076 Rep. Chaffetz, Jason [R-UT-3] Jason Chaffetz R UT 3 2010-02-23 True B000461 Rep. Bilbray, Brian P. [R-CA-50] BRIAN BILBRAY R CA P. 50 2010-02-23 True B001256 Rep. Bachmann, Michele [R-MN-6] Michele Bachmann R MN 6 2010-02-23 True B001250 Rep. Bishop, Rob [R-UT-1] Rob Bishop R UT 1 2010-02-23 True H000528 Rep. Herger, Wally [R-CA-2] WALLY HERGER R CA 2 2010-02-23 True F000449 Rep. Fortenberry, Jeff [R-NE-1] Jeff Fortenberry R NE 1 2010-02-23 True M001159 Rep. McMorris Rodgers, Cathy [R-WA-5] Cathy McMorris Rodgers R WA 5 2010-02-23 True A000361 Rep. Alexander, Rodney [R-LA-5] Rodney Alexander R LA 5 2010-02-23 True J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2010-02-23 True D000533 Rep. Duncan, John J., Jr. [R-TN-2] JOHN DUNCAN R TN J. 2 2010-02-25 False H000676 Rep. Hoekstra, Peter [R-MI-2] PETER HOEKSTRA R MI 2 2010-02-25 False E000172 Rep. Emerson, Jo Ann [R-MO-8] JO EMERSON R MO ANN 8 2010-02-25 False R000571 Rep. Rehberg, Denny [R-MT-At Large] DENNY REHBERG R MT 0 2010-02-25 False K000210 Rep. King, Peter T. [R-NY-3] PETER KING R NY T. 3 2010-02-25 False M001147 Rep. McCotter, Thaddeus G. [R-MI-11] Thaddeus McCotter R MI G. 11 2010-02-25 False S001148 Rep. Simpson, Michael K. [R-ID-2] MICHAEL SIMPSON R ID K. 2 2010-02-26 False F000450 Rep. Foxx, Virginia [R-NC-5] Virginia Foxx R NC 5 2010-03-03 False J000174 Rep. Johnson, Sam [R-TX-3] SAM JOHNSON R TX 3 2010-03-03 False O000168 Rep. Olson, Pete [R-TX-22] Pete Olson R TX 22 2010-03-03 False L000571 Rep. Lummis, Cynthia M. [R-WY-At Large] Cynthia Lummis R WY M. 0 2010-03-03 False A000055 Rep. Aderholt, Robert B. [R-AL-4] ROBERT ADERHOLT R AL B. 4 2010-03-04 False S001143 Rep. Souder, Mark E. [R-IN-3] MARK SOUDER R IN EDWARD 3 2010-03-04 False P000587 Rep. Pence, Mike [R-IN-6] MIKE PENCE R IN 6 2010-03-17 False P000585 Rep. Platts, Todd Russell [R-PA-19] TODD PLATTS R PA RUSSELL 19 2010-03-19 False B001239 Rep. Barrett, J. Gresham [R-SC-3] J. Barrett R SC Gresham 3 2010-03-25 False M001151 Rep. Murphy, Tim [R-PA-18] Tim Murphy R PA 18 2010-07-13 False P000583 Rep. Paul, Ron [R-TX-14] RON PAUL R TX 14 2010-11-16 False Economics and Public Finance Accounting and auditing Budget deficits and national debt Government corporations and government-sponsored enterprises Housing finance and home ownership Securities Economics and Public Finance

00 2010-02-23 Introduced in House 2010-04-01T20:56:18Z Accurate Accounting of Fannie Mae and Freddie Mac Act - Requires the receipts and disbursements of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to be counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of: (1) the federal budget submitted by the President; (2) the congressional budget; or (3) the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).

Requires the costs of purchases of mortgages, and mortgage-backed securities issued, by Fannie Mae and Freddie Mac to be calculated by adjusting a specified discount rate for market risks under the Credit Reform Act of 1990.

Subjects to the statutory public debt limit the face amount of obligations issued by Fannie Mae and Freddie Mac and outstanding at one time.

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Accurate Accounting of Fannie Mae and Freddie Mac Act Display Title Accurate Accounting of Fannie Mae and Freddie Mac Act Official Title as Introduced To provide on-budget status to the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Introduced in House IH Short Titles as Introduced Accurate Accounting of Fannie Mae and Freddie Mac Act Introduced in House 2010-02-23T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr4653ih/xml/BILLS-111hr4653ih.xml 2010-02-23 Referred to House Financial Services text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.