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  <bill>
    <number>2440</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. HURT:H.R. 2440.Congress has the power to enact this legislation pursuantto the following:Article I, section 8, clause 1, clause 3, and clause 18.[Page H4749]</pre>]]></constitutionalAuthorityStatementText>
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        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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          <item>
            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
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              <item>
                <name>Reported by</name>
                <date>2011-07-12T13:14:12Z</date>
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              <item>
                <name>Markup by</name>
                <date>2011-07-12T13:13:46Z</date>
              </item>
              <item>
                <name>Referred to</name>
                <date>2011-07-11T13:18:00Z</date>
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              <item>
                <name>Hearings by</name>
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            <name>Referred to</name>
            <date>2011-07-07T14:01:15Z</date>
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        <actionDate>2011-07-12</actionDate>
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        </committees>
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          <name>House committee actions</name>
        </sourceSystem>
        <text>Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .</text>
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      </item>
      <item>
        <actionDate>2011-07-12</actionDate>
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            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
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        </committees>
        <sourceSystem>
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          <name>House committee actions</name>
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        <text>Subcommittee Consideration and Mark-up Session Held.</text>
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      <item>
        <actionDate>2011-07-11</actionDate>
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          <item>
            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
          </item>
        </committees>
        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
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        <text>Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.</text>
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      </item>
      <item>
        <actionDate>2011-07-07</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionCode>H11100</actionCode>
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            <name>Financial Services Committee</name>
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        <actionDate>2011-07-07</actionDate>
        <text>Introduced in House</text>
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        <actionDate>2011-07-07</actionDate>
        <text>Introduced in House</text>
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        <actionDate>2011-05-25</actionDate>
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            <name>Capital Markets Subcommittee</name>
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        <text>Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.</text>
        <type>Committee</type>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>H001060</bioguideId>
        <fullName>Rep. Hurt, Robert [R-VA-5]</fullName>
        <firstName>Robert</firstName>
        <lastName>Hurt</lastName>
        <party>R</party>
        <state>VA</state>
        <district>5</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <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>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>
      </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>2011-07-12</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Housing and Community Development</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Accounting and auditing</name>
        </item>
        <item>
          <name>Corporate finance and management</name>
        </item>
        <item>
          <name>Government corporations and government-sponsored enterprises</name>
        </item>
        <item>
          <name>Government information and archives</name>
        </item>
        <item>
          <name>Housing finance and home ownership</name>
        </item>
        <item>
          <name>Intellectual property</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Housing and Community Development</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-07-07</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-08-31T18:50:48Z</updateDate>
        <text><![CDATA[ <p>Market Transparency and Taxpayer Protection Act of 2011 - Directs the Director of the Federal Housing Finance Agency to require the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs) to identify to the Director all assets of value of the GSE and their functions, characteristics, and estimated value. Requires the Director then to: (1) determine which assets are critical, and which are not critical, to carrying out the GSE's mission; and (2) establish plans annually for the sale or other disposition of any non-mission critical assets.</p>]]></text>
      </summary>
    </summaries>
    <title>Market Transparency and Taxpayer Protection Act of 2011</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Market Transparency and Taxpayer Protection Act of 2011</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To protect the taxpayers of the United States by requiring Fannie Mae and Freddie Mac to sell or dispose of the assets of such enterprises that are not critical to their missions.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Market Transparency and Taxpayer Protection Act of 2011</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2011-07-07T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-112hr2440ih/xml/BILLS-112hr2440ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2011-07-12</actionDate>
      <text>Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .</text>
    </latestAction>
  </bill>
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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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