[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2380 Introduced in House (IH)]

<DOC>






116th CONGRESS
  1st Session
                                H. R. 2380

   To regulate lobbying by Fannie Mae and Freddie Mac, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 29, 2019

    Ms. Velazquez (for herself, Mr. Loudermilk, Mr. Foster, and Mr. 
Hollingsworth) introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
   To regulate lobbying by Fannie Mae and Freddie Mac, and for other 
                               purposes.

    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 Lobbying 
Regulation Act of 2019''.

SEC. 2. LIMITATIONS ON LOBBYING ACTIVITY BY FANNIE MAE AND FREDDIE MAC.

    Part 3 of subtitle A of the Federal Housing Enterprises Financial 
Safety and Soundness Act of 1992 (12 U.S.C. 4601 et seq.) is amended by 
adding at the end the following new section:

``SEC. 1357. LIMITATIONS ON LOBBYING ACTIVITY BY ENTERPRISES.

    ``During any period in which an enterprise is in conservatorship or 
receivership pursuant to section 1367, such enterprise may not engage 
in any activity that would result in such enterprise being a client for 
purposes of section 3(2) of the Lobbying Disclosure Act of 1995 (2 
U.S.C. 1602(2)).''.
                                 <all>