[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 463 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 463

    To apply the Freedom of Information Act to the Federal National 
  Mortgage Association and the Federal Home Loan Mortgage Corporation 
    during any period that such entities are in conservatorship or 
                             receivership.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 26, 2011

  Mr. Chaffetz (for himself, Mr. Issa, Mr. Flake, Mr. Hensarling, Mr. 
Paul, Mr. Bachus, Mr. Platts, Mr. Poe of Texas, Mr. Rogers of Michigan, 
   Mr. Smith of Nebraska, Mr. Mack, and Mr. Quigley) introduced the 
   following bill; which was referred to the Committee on Financial 
                                Services

_______________________________________________________________________

                                 A BILL


 
    To apply the Freedom of Information Act to the Federal National 
  Mortgage Association and the Federal Home Loan Mortgage Corporation 
    during any period that such entities are in conservatorship or 
                             receivership.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Fannie Mae and Freddie Mac 
Transparency Act of 2011''.

SEC. 2. APPLICABILITY OF FOIA DURING CONSERVATORSHIP OR RECEIVERSHIP.

    (a) Fannie Mae.--Section 309 of the Federal National Mortgage 
Association Charter Act (12 U.S.C. 1723a) is amended by adding at the 
end the following new subsection:
    ``(p) Applicability of FOIA.--Notwithstanding section 551 of title 
5, United States Code, during any period that the corporation is under 
conservatorship or receivership pursuant to section 1367 of the Federal 
Housing Enterprises Financial Safety and Soundness Act of 1992 (12 
U.S.C. 4617), the corporation shall be considered to be an agency for 
purposes of section 552 of such title.''.
    (b) Freddie Mac.--Section 307 of the Federal Home Loan Mortgage 
Corporation Act (12 U.S.C. 1456) is amended by adding at the end the 
following new subsection:
    ``(h) Applicability of FOIA.--Notwithstanding section 551 of title 
5, United States Code, during any period that the Corporation is under 
conservatorship or receivership pursuant to section 1367 of the Federal 
Housing Enterprises Financial Safety and Soundness Act of 1992 (12 
U.S.C. 4617), the Corporation shall be considered to be an agency for 
purposes of section 552 of such title.''.
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