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    <number>2436</number>
    <updateDate>2023-01-11T13:22:48Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:22:48Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2011-07-07</introducedDate>
    <congress>112</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. MANZULLO:H.R. 2436.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clauses 3 (``To regulate Commercewith foreign Nations, and among the several States, and withthe Indian Tribes''), and 18 (``To make all Laws which shallbe necessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by thisConstitution in the Government of the United States, or inany Department or Officer thereof'').[Page H4749]</pre>]]></constitutionalAuthorityStatementText>
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        <title>GSE Bailout Elimination and Taxpayer Protection Act</title>
        <congress>112</congress>
        <number>1182</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2011-04-04</actionDate>
          <text>Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.</text>
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        <congress>112</congress>
        <number>693</number>
        <type>S</type>
        <latestAction>
          <actionDate>2011-03-31</actionDate>
          <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <text>Forwarded by Subcommittee to Full Committee by Voice Vote .</text>
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        <actionDate>2011-07-12</actionDate>
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        <text>Subcommittee Consideration and Mark-up Session Held.</text>
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        <text>Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.</text>
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        <actionDate>2011-07-07</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <text>Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.</text>
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    <sponsors>
      <item>
        <bioguideId>M001138</bioguideId>
        <fullName>Rep. Manzullo, Donald A. [R-IL-16]</fullName>
        <firstName>DONALD</firstName>
        <lastName>MANZULLO</lastName>
        <party>R</party>
        <state>IL</state>
        <district>16</district>
        <isByRequest>N</isByRequest>
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    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>G000548</bioguideId>
        <fullName>Rep. Garrett, Scott [R-NJ-5]</fullName>
        <firstName>Scott</firstName>
        <lastName>Garrett</lastName>
        <party>R</party>
        <state>NJ</state>
        <district>5</district>
        <sponsorshipDate>2011-07-07</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>R000487</bioguideId>
        <fullName>Rep. Royce, Edward R. [R-CA-40]</fullName>
        <firstName>ED</firstName>
        <lastName>ROYCE</lastName>
        <party>R</party>
        <state>CA</state>
        <district>40</district>
        <sponsorshipDate>2011-07-07</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B000013</bioguideId>
        <fullName>Rep. Bachus, Spencer [R-AL-6]</fullName>
        <firstName>SPENCER</firstName>
        <lastName>BACHUS</lastName>
        <party>R</party>
        <state>AL</state>
        <district>6</district>
        <sponsorshipDate>2011-07-07</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001082</bioguideId>
        <fullName>Rep. Canseco, Francisco "Quico" [R-TX-23]</fullName>
        <firstName>Francisco</firstName>
        <lastName>Canseco</lastName>
        <party>R</party>
        <state>TX</state>
        <middleName>Quico</middleName>
        <district>23</district>
        <sponsorshipDate>2011-07-11</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    </cosponsors>
    <policyArea>
      <name>Housing and Community Development</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Corporate finance and management</name>
        </item>
        <item>
          <name>Government corporations and government-sponsored enterprises</name>
        </item>
        <item>
          <name>Housing finance and home ownership</name>
        </item>
        <item>
          <name>Interest, dividends, interest rates</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Housing and Community Development</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-07-07</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-07-27T20:32:30Z</updateDate>
        <text><![CDATA[ <p>Fannie Mae and Freddie Mac Taxpayer Payback Act of 2011 - Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to prohibit a reduction in the rate of dividends paid on the Variable Liquidation Preference Senior Preferred Stock of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) purchased by the Secretary of the Treasury.</p>]]></text>
      </summary>
    </summaries>
    <title>Fannie Mae and Freddie Mac Taxpayer Payback Act of 2011</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Fannie Mae and Freddie Mac Taxpayer Payback Act of 2011</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To prohibit any reduction in the rate of dividends paid to the Secretary of the Treasury on the senior preferred stock of Fannie Mae and Freddie Mac purchased by the Secretary.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Fannie Mae and Freddie Mac Taxpayer Payback Act of 2011</title>
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    </titles>
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        <type>Introduced in House</type>
        <date>2011-07-07T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-112hr2436ih/xml/BILLS-112hr2436ih.xml</url>
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    <latestAction>
      <actionDate>2011-07-12</actionDate>
      <text>Forwarded by Subcommittee to Full Committee by Voice Vote .</text>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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