Bill > S752

Introduced Session

A bill to establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit. This bill prohibits increases in Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee fees from being used in the Senate to determine the budgetary impact for evaluating budget points of order. Fannie Mae and Freddie Mac purchase mortgages and charge the fees to guarantee the payment of principal and interest. This bill prevents the fee increases from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.

Committee Categories

Mike Crapo (R)*,  Kelly Ayotte (R),  Bob Corker (R),  Joe Donnelly (D),  Heidi Heitkamp (D),  Dean Heller (R),  Johnny Isakson (R),  Mark Kirk (R),  Jerry Moran (R),  Tim Scott (R),  Richard Shelby (R),  Jon Tester (D),  David Vitter (R),  Mark Warner (D), 

Read twice and referred to the Committee on the Budget. (on 03/17/2015)

Official Document