Taxpayer Reimbursement Act of 2008
Latest action · Sep 18, 2008 Referred to the House Committee on Financial Services.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 18, 2008
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Taxpayer Reimbursement Act of 2008 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to require the Director of the Federal Housing Finance Agency to suspend temporarily any allocations by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) upon: (1) the appointment of a conservator or receiver, and for the duration of a conservatorship or receivership; or (2) a finding that the federal government has not been fully reimbursed for the costs of such a conservatorship.
Repeals the reduced percentages for calendar years 2010 and 2011 to require the use of 100% of certain Fannie Mae and Freddie Mac allocations to reimburse the Treasury for payments on bonds of the HOPE for Homeowners Program for calendar 2009-2001.
Suspends the annual goals and duties established for Fannie Mae or Freddie Mac during any period it is in conservatorship or receivership.
Cosponsors 24
Members who signed on, in the order they did. Signatures ran from Sep 18, 2008 to Nov 19, 2008; 10 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IL | Donald A. Manzullo | Original | Sep 18, 2008 |
| R-FL | Ginny Brown-Waite | Original | Sep 18, 2008 |
| R-SC | Joe Wilson | Original | Sep 18, 2008 |
| R-TN | John J. Duncan, Jr. | Original | Sep 18, 2008 |
| R-NC | Patrick T. McHenry | Original | Sep 18, 2008 |
| R-IL | Peter J. Roskam | Original | Sep 18, 2008 |
| R-TX | Randy Neugebauer | Original | Sep 18, 2008 |
| R-NJ | Scott Garrett | Original | Sep 18, 2008 |
| R-AL | Spencer Bachus | Original | Sep 18, 2008 |
| R-NC | Walter B. Jones | Original | Sep 18, 2008 |
| R-TX | Pete Sessions | Sep 22, 2008 | |
| R-MI | Thaddeus G. McCotter | Sep 22, 2008 | |
| R-GA | Jack Kingston | Sep 25, 2008 | |
| R-AZ | John B. Shadegg | Sep 25, 2008 | |
| R-TX | K. Michael Conaway | Sep 25, 2008 | |
| R-TX | Louie Gohmert | Sep 25, 2008 | |
| R-GA | Lynn A. Westmoreland | Sep 25, 2008 | |
| R-IN | Mike Pence | Sep 25, 2008 | |
| R-GA | Paul C. Broun | Sep 25, 2008 | |
| R-MD | Roscoe G. Bartlett | Sep 25, 2008 | |
| R-GA | Tom Price | Sep 25, 2008 | |
| R-AZ | Trent Franks | Sep 25, 2008 | |
| R-CO | Doug Lamborn | Oct 3, 2008 | |
| R-TX | John Abney Culberson | Nov 19, 2008 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Sep 18, 2008 |
Actions 2
Everything that happened, newest first.
- Sep 18, 2008Introduced in House
- Sep 18, 2008Referred to the House Committee on Financial Services.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To suspend contributions by the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation to the Housing Trust Fund during any conservatorship of such enterprises and to ensure full repayment to the Federal Government for costs of any such conservatorship and costs of HOPE for Homeowners program.
- Short Titles as Introduced
- Taxpayer Reimbursement Act of 2008
Subjects
Assigned by the Library of Congress. Policy area: Housing and Community Development.
Text 1
Each version as it was printed, newest first.
- Sep 18, 2008Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
