Cap the GSE Bailout Act of 2011
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HR 2462 — Cap the GSE Bailout Act of 2011
Last action — Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Cap the GSE Bailout Act of 2011 - Limits the funds that may be provided to the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), or any Federal Home Loan Bank (government sponsored enterprises or GSEs) as part of the Amended and Restated Senior Preferred Stock Purchase Agreement to the greater of: (1) $200 billion; or (2) $200 billion plus the cumulative total of deficiency amounts of the GSE for calendar quarters in calendar 2010, 2011, and 2012, less any surplus amount as of December 31, 2012.
Bill Text
We don't have the full text on file for this bill yet.
Read HR 2462 on the official United States source →Action History
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Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
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Subcommittee Consideration and Mark-up Session Held.
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Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
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Referred to the House Committee on Financial Services.
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Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.
Sponsors
- Michael Fitzpatrick · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 2462 do?
- Cap the GSE Bailout Act of 2011 - Limits the funds that may be provided to the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), or any Federal Home Loan Bank (government sponsored enterprises or GSEs) as part of the Amended and Restated Senior Preferred Stock Purchase Agreement to the greater of: (1) $200 billion; or (2) $200 billion plus the cumulative total of deficiency amounts of the GSE for calendar quarters in calendar 2010, 2011, and 2012, less any surplus amount as of December 31, 2012.
- Who sponsors HR 2462?
- HR 2462 is sponsored by Michael Fitzpatrick (R).
- What is the current status of HR 2462?
- This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 2462?
- Track HR 2462 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes about 15 hours ago · updated continuously
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