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Enterprise Secondary Reserve Taxpayer Protection and Government Accountability Act of 2015
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vs 6,526 other HR bills in the 114th — cohort avg 56d
Enterprise Secondary Reserve Taxpayer Protection and Government Accountability Act of 2015 This bill amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to direct the Director of the Federal Housing Finance Agency to: (1) establish for any government sponsored enterprise (GSE, including the Federal National Mortgage Association [Fannie Mae] and the Federal Home Loan Mortgage Corporation [Freddie Mac]) operating in conservatorship a secondary reserve fund, and (2) deposit in it from any GSE revenues an amount equal to its required minimum capital level. The GSE must hold secondary reserve fund amounts in escrow until the Director uses them according to this Act or until the fund is abolished. The Director shall: (1) decide whether to use funds held in the secondary reserve of a GSE operating in conservatorship if the GSE's losses will exceed other available amounts, and (2) abolish any secondary reserve upon dissolution of the GSE's conservatorship. Any amounts remaining in a secondary reserve upon abolishment shall revert first to meet the GSE's capital requirements and then to its earnings.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
2015 · fourth_quarter · Housing
General issues related to GSE reform and the future of housing finance. Specific issues included the treatment of investors in publicly traded mortgage backed securities, debt, and equities of Fannie Mae and Freddie Mac, in reform proposals including The Financial Regulatory Improvement Act of 2015, Title VII (Shelby) and HR 1673, the "Enterprise Secondary Reserve Taxpayer Protection and Government Accountability Act of 2015", Blackburn, and the Omnibus Appropriations bill, provisions related to Treasury sale of senior preferred stock in the GSEs.
Client expense: Not reported · Firm income: $50,000
Referred to the House Committee on Financial Services.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2015 · third_quarter · Housing
General issues related to GSE reform and the future of housing finance. Specific issues included the treatment of investors in publicly traded mortgage backed securities, debt, and equities of Fannie Mae and Freddie Mac, in reform proposals including The Financial Regulatory Improvement Act of 2015, Title VII (Shelby) and HR 1673, the "Enterprise Secondary Reserve Taxpayer Protection and Government Accountability Act of 2015", Blackburn.
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2015 · third_quarter · Housing
H.R. 1673 - Enterprise Secondary Reserve Taxpayer Protection and Government Accountability Act of 2015 Correspondence with U. S. House of Representatives in support of Enterprise Secondary Reserve Taxpayer Protection and Government Accountability Act of 2015; Research relating thereto.
Client expense: $14,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2015 · first_quarter · Housing
General issues related to GSE reform and the future of housing finance. Specific issues included the treatment of investors in publicly traded mortgage backed securities, debt, and equities of Fannie Mae and Freddie Mac, in reform proposals, icluding the Financial Regulatory Improvement Act of 2015", (Shelby), issues related to Government Sponsored Enterprises, and H.R. 1673, "The Enterprise Secondary Reserve Taxpayer Protection and Government Accountability Act" (Blackburn).
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2015 · second_quarter · Housing
General issues related to GSE reform and the future of housing finance. Specific issues included the treatment of investors in publicly traded mortgage backed securities, debt, and equities of Fannie Mae and Freddie Mac, in reform proposals including The Financial Regulatory Improvement Act of 2015, Title VII (Shelby) and HR 1673, the "Enterprise Secondary Reserve Taxpayer Protection and Government Accountability Act of 2015", Blackburn.
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE