HR 3901 · 113th Congress 2013–2015, ended

Pay Back the Taxpayers Act of 2014

Introduced Jan 16, 2014 Originated House Sponsor Edward R. Royce R-CA

Fact sheet

Latest action · Jan 16, 2014 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.

  1. IntroducedJan 16, 2014
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Pay Back the Taxpayers Act of 2014 - Prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs), during the term of any conservatorship or receivership, from making any contribution or transfer to, or allocating or setting aside any amounts for, the Housing Trust Fund or the Capital Magnet Fund.

Requires any amounts paid or repaid to the Secretary of the Treasury by a GSE in any form, during any conservatorship or receivership of the GSE, to be covered into the General Fund of the Treasury and used only for reducing the federal budget deficit.

Cosponsors 22

Members who signed on, in the order they did. Signatures ran from Jan 16, 2014 to Jun 19, 2014, with 20 there on the day it was introduced.

SeatCosponsorSigned on
R-MOAnn WagnerOriginalJan 16, 2014
R-MIBill HuizengaOriginalJan 16, 2014
R-FLDennis A. RossOriginalJan 16, 2014
R-OKFrank D. LucasOriginalJan 16, 2014
R-TXJeb HensarlingOriginalJan 16, 2014
R-CAJohn CampbellOriginalJan 16, 2014
R-GALynn A. WestmorelandOriginalJan 16, 2014
R-NYMichael G. GrimmOriginalJan 16, 2014
R-MNMichele BachmannOriginalJan 16, 2014
R-SCMick MulvaneyOriginalJan 16, 2014
R-NCPatrick T. McHenryOriginalJan 16, 2014
R-ILRandy HultgrenOriginalJan 16, 2014
R-TXRandy NeugebauerOriginalJan 16, 2014
R-VARobert HurtOriginalJan 16, 2014
R-NCRobert PittengerOriginalJan 16, 2014
Show all 22 cosponsors

Actions 2

Everything that happened, newest first.

  1. Jan 16, 2014Introduced in House
  2. Jan 16, 2014Referred to the House Committee on Financial Services.

Subjects

Assigned by the Library of Congress. Policy area: Housing and Community Development.

Text 1

Each version as it was printed, newest first.

  1. Jan 16, 2014Introduced in House

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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.