3.0.0 574 2023-01-11T13:29:00Z 2023-01-11T13:29:00Z House HR 2015-01-27 114 [Congressional Record Volume 161, Number 13 (Tuesday, January 27, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. ROYCE:H.R. 574.Congress has the power to enact this legislation pursuantto the following:Under Article I, Section 8, Clauses 1 (``The Congress shallhave Power to lay and collect Taxes, Duties, Imposts andExcises, to pay the Debts and provide for the common Defenseand general Welfare of the United States; but all Duties,Imposts and Excises shall be uniform throughout the UnitedStates''), 3 (``To regulate Commerce with foreign Nations,and among the several States, and with the Indian Tribes''),and 18 (``To make all Laws which shall be necessary and powerfor carrying into Execution the foregoing Powers, and allother Powers vested by this Constitution in the Government ofthe United States, or in any Department or Officerthereof'').[Page H641]]]> hsba00 Financial Services Committee House Standing Referred to 2015-01-27T17:05:20Z 2015-01-27 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2015-01-27 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-01-27 Introduced in House IntroReferral 1000 9 Library of Congress R000487 Rep. Royce, Edward R. [R-CA-39] ED ROYCE R CA 39 N L000491 Rep. Lucas, Frank D. [R-OK-3] FRANK LUCAS R OK D. 3 2015-01-27 True G000548 Rep. Garrett, Scott [R-NJ-5] Scott Garrett R NJ 5 2015-01-27 True N000182 Rep. Neugebauer, Randy [R-TX-19] Randy Neugebauer R TX 19 2015-01-27 True W000796 Rep. Westmoreland, Lynn A. [R-GA-3] Lynn Westmoreland R GA A. 3 2015-01-27 True H001058 Rep. Huizenga, Bill [R-MI-2] Bill Huizenga R MI 2 2015-01-27 True F000458 Rep. Fincher, Stephen Lee [R-TN-8] Stephen Fincher R TN Lee 8 2015-01-27 True S001188 Rep. Stutzman, Marlin A. [R-IN-3] Marlin Stutzman R IN A. 3 2015-01-27 True M001182 Rep. Mulvaney, Mick [R-SC-5] Mick Mulvaney R SC 5 2015-01-27 True H001059 Rep. Hultgren, Randy [R-IL-14] Randy Hultgren R IL 14 2015-01-27 True P000606 Rep. Pittenger, Robert [R-NC-9] Robert Pittenger R NC 9 2015-01-27 True B001282 Rep. Barr, Andy [R-KY-6] Andy Barr R KY 6 2015-01-27 True W000816 Rep. Williams, Roger [R-TX-25] Roger Williams R TX 25 2015-01-27 True M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 2015-01-30 False H001060 Rep. Hurt, Robert [R-VA-5] Robert Hurt R VA 5 2015-01-30 False H001072 Rep. Hill, J. French [R-AR-2] J. Hill R AR French 2 2015-01-30 False P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2015-02-10 False Housing and Community Development Bankruptcy Budget deficits and national debt Government corporations and government-sponsored enterprises Government trust funds Housing and community development funding Housing finance and home ownership Housing and Community Development 00 2015-01-27 Introduced in House 2015-02-04T21:47:46Z Pay Back the Taxpayers Act of 2015

Prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs), after enactment of this Act and during the term of any conservatorship or receivership, from making any contribution or transfer to, or allocating or setting aside any amounts for, the Housing Trust Fund or the Capital Magnet Fund.

Requires any amounts set aside by a GSE, before enactment of this Act, for either Trust Fund but not yet allocated or transferred to it, not to be so allocated or transferred but to be covered into the General Fund of the Treasury and used only for reducing the federal budget deficit.

Requires any amounts paid or repaid to the Secretary of the Treasury by a GSE, in any form after enactment, and during any conservatorship or receivership of the GSE, to be covered into the General Fund and for the same purpose only.

]]> Pay Back the Taxpayers Act of 2015 Display Title Pay Back the Taxpayers Act of 2015 Official Title as Introduced To prohibit contributions by Fannie Mae and Freddie Mac to the Housing Trust Fund and the Capital Market Fund while such enterprises are in conservatorship or receivership, and for other purposes. Introduced in House IH Short Titles as Introduced Pay Back the Taxpayers Act of 2015 Introduced in House 2015-01-27T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr574ih/xml/BILLS-114hr574ih.xml 2015-01-27 Referred to the House Committee on 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.