3.0.0 6746 2023-01-11T13:41:35Z 2023-01-11T13:41:35Z House HR 2018-09-07 115 [Congressional Record Volume 164, Number 149 (Friday, September 7, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HENSARLING:H.R. 6746.Congress has the power to enact this legislation pursuantto the following:The primary Constitutional authority for this legislationis the Commerce Clause.[Page H7942]]]> hswm00 Ways and Means Committee House Standing Referred to 2018-09-07T13:00:10Z hsba00 Financial Services Committee House Standing Referred to 2018-09-07T13:00:05Z Mortgage Choice Act of 2017 115 1153 HR 2018-02-12 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Financial Institutions Examination Fairness and Reform Act 115 4545 HR 2018-03-19 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Financial Institutions Examination Fairness and Reform Act 115 2237 S 2017-12-14 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2018-09-07 Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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 2 House floor actions hswm00 Ways and Means Committee 2018-09-07 Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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 2 House floor actions hsba00 Financial Services Committee 2018-09-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-09-07 Introduced in House IntroReferral 1000 9 Library of Congress H001036 Rep. Hensarling, Jeb [R-TX-5] Jeb Hensarling R TX 5 N Housing and Community Development Administrative law and regulatory procedures Advisory bodies Banking and financial institutions regulation Business records Computers and information technology Congressional oversight Consumer Financial Protection Bureau Credit and credit markets Executive agency funding and structure Federal Reserve System Federal officials Federally chartered organizations Fraud offenses and financial crimes Government corporations and government-sponsored enterprises Government employee pay, benefits, personnel management Government information and archives Government lending and loan guarantees Government studies and investigations Housing and community development funding Housing finance and home ownership Housing industry and standards Interest, dividends, interest rates Judicial review and appeals Licensing and registrations Life, casualty, property insurance Performance measurement Public contracts and procurement Rural conditions and development Securities State and local taxation Tax administration and collection, taxpayers Tax-exempt organizations Transfer and inheritance taxes User charges and fees Housing and Community Development 00 2018-09-07 Introduced in House 2019-08-27T21:32:19Z Protecting American Taxpayers and Homeowners Act of 2018

This bill revises provisions related to housing finance, mortgage-backed securities, and government-sponsored enterprises. Among other things, the bill:

  • abolishes the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae), effective five years after the bill's enactment;
  • makes both the Government National Mortgage Association (Ginnie Mae) and the Federal Housing Administration (FHA) independent of the Department of Housing and Urban Development (HUD);
  • transfers certain functions from HUD and the Department of Agriculture to the FHA and otherwise revises the FHA's authority; and
  • establishes a mortgage-backed security market exchange and covered bond program.
]]> Protecting American Taxpayers and Homeowners Act of 2018 Display Title Protecting American Taxpayers and Homeowners Act of 2018 Official Title as Introduced To protect American taxpayers and homeowners by creating a sustainable housing finance system for the 21st century, and for other purposes. Introduced in House IH Short Titles as Introduced Protecting American Taxpayers and Homeowners Act of 2018 Introduced in House 2018-09-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr6746ih/xml/BILLS-115hr6746ih.xml 2018-09-07 Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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. 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.