[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3453 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 3453

To clarify the regulatory treatment of Federal Home Loan Bank products.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 8, 2015

 Mr. David Scott of Georgia (for himself and Mr. Lucas) introduced the 
   following bill; which was referred to the Committee on Agriculture

_______________________________________________________________________

                                 A BILL


 
To clarify the regulatory treatment of Federal Home Loan Bank products.

    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 ``Federal Home Loan Bank Product 
Act''.

SEC. 2. TREATMENT OF FEDERAL HOME LOAN BANK PRODUCTS.

    (a) Section 1a(2) of the Commodity Exchange Act (7 U.S.C. 1a(2)) is 
amended--
            (1) in subparagraph (B), by striking ``and'';
            (2) in subparagraph (C), by striking the period and 
        inserting ``; and''; and
            (3) by adding at the end the following:
                    ``(D) is the Federal Housing Finance Agency for any 
                Federal Home Loan Bank (as defined in section 2 of the 
                Federal Home Loan Bank Act).''.
    (b) Section 402(a) of the Legal Certainty for Bank Products Act of 
2000 (7 U.S.C. 27(a)) is amended--
            (1) by striking ``or'' at the end of paragraph (6);
            (2) by striking the period at the end of paragraph (7) and 
        inserting ``; or''; and
            (3) by adding at the end the following:
            ``(8) any Federal Home Loan Bank (as defined in section 2 
        of the Federal Home Loan Bank Act).''.
                                 <all>