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<billStatus>
  <version>3.0.0</version>
  <bill>
    <number>2462</number>
    <updateDate>2023-01-11T13:22:47Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:22:47Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2011-07-08</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. FITZPATRICK:H.R. 2462.Congress has the power to enact this legislation pursuantto the following:Article I, section 8, clause 1, the power to tax and spendfor the general welfare and the implied power of theNecessary and Proper Clause, Article I, Section 8, clause 18[Page H4793]</pre>]]></constitutionalAuthorityStatementText>
    <committees>
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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>2011-07-12T13:12:37Z</date>
              </item>
              <item>
                <name>Markup by</name>
                <date>2011-07-12T13:12:06Z</date>
              </item>
              <item>
                <name>Referred to</name>
                <date>2011-07-11T13:18:38Z</date>
              </item>
              <item>
                <name>Hearings by</name>
                <date>2011-05-25T20:35:35Z</date>
              </item>
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        <activities>
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            <name>Referred to</name>
            <date>2011-07-08T13:00:45Z</date>
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    </committees>
    <actions>
      <item>
        <actionDate>2011-07-12</actionDate>
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            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
          </item>
        </committees>
        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
        </sourceSystem>
        <text>Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2011-07-12</actionDate>
        <committees>
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            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
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        </committees>
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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>
      <item>
        <actionDate>2011-07-11</actionDate>
        <committees>
          <item>
            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
          </item>
        </committees>
        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
        </sourceSystem>
        <text>Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2011-07-08</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
          </item>
        </committees>
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        <actionDate>2011-07-08</actionDate>
        <text>Introduced in House</text>
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          <name>Library of Congress</name>
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        <actionDate>2011-07-08</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
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      <item>
        <actionDate>2011-05-25</actionDate>
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            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
          </item>
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          <name>House committee actions</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>F000451</bioguideId>
        <fullName>Rep. Fitzpatrick, Michael G. [R-PA-8]</fullName>
        <firstName>Michael</firstName>
        <lastName>Fitzpatrick</lastName>
        <party>R</party>
        <state>PA</state>
        <middleName>G.</middleName>
        <district>8</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>2011-07-13</sponsorshipDate>
        <isOriginalCosponsor>False</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>2011-07-13</sponsorshipDate>
        <isOriginalCosponsor>False</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>2011-07-13</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Housing and Community Development</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Business investment and capital</name>
        </item>
        <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>Securities</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Housing and Community Development</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-07-08</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-08-31T18:59:39Z</updateDate>
        <text><![CDATA[ <p>Cap the GSE Bailout Act of 2011 - Limits the funds that may be provided to the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), or any Federal Home Loan Bank (government sponsored enterprises or GSEs) as part of the Amended and Restated Senior Preferred Stock Purchase Agreement to the greater of: (1) $200 billion; or (2) $200 billion plus the cumulative total of deficiency amounts of the GSE for calendar quarters in calendar 2010, 2011, and 2012, less any surplus amount as of December 31, 2012. </p>]]></text>
      </summary>
    </summaries>
    <title>Cap the GSE Bailout Act of 2011</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Cap the GSE Bailout Act of 2011</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To limit the aggregate amount provided by the taxpayers of the United States for the bailout of Fannie Mae and Freddie Mac.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Cap the GSE Bailout Act of 2011</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2011-07-08T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-112hr2462ih/xml/BILLS-112hr2462ih.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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