0
0

Fulfilling the Promise of the Housing Trust Fund Act

2/8/2022, 11:54 PM

Congressional Summary of HR 5599

Fulfilling the Promise of the Housing Trust Fund Act

This bill specifies that amounts received from fee increases on mortgage-backed securities guaranteed by the Federal National Mortgage Association (Fannie Mae) or participation certificates guaranteed by the Federal Home Loan Mortgage Corporation (Freddie Mac) on or after October 1, 2021, must be deposited into the Housing Trust Fund, which is dedicated to producing and preserving affordable housing. Such amounts shall be available without further appropriation.

Read the Full Bill

Formatted TextPDFFormatted XML

Current Status of Bill HR 5599

Bill HR 5599 is currently in the status of Bill Introduced since January 14, 2020. Bill HR 5599 was introduced during Congress 116 and was introduced to the House on January 14, 2020.  Bill HR 5599's most recent activity was Referred to the House Committee on Financial Services. as of January 14, 2020

Bipartisan Support of Bill HR 5599

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
16
Democrat Cosponsors
16
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5599

Primary Policy Focus

Housing and Community Development

Potential Impact Areas

- Government corporations and government-sponsored enterprises
- Government trust funds
- Housing finance and home ownership
- Housing supply and affordability
- User charges and fees

Alternate Title(s) of Bill HR 5599

Fulfilling the Promise of the Housing Trust Fund Act
To amend the Housing and Community Development Act of 1992 to require the deposit of enterprise guarantee fees in the Housing Trust Fund, and for other purposes.
Fulfilling the Promise of the Housing Trust Fund Act

Comments

Sponsors and Cosponsors of HR 5599

Denny Heck
Denny Heck
WashingtonDemocrat
Norma J. Torres
Norma J. Torres
CaliforniaDemocrat
David Scott
David Scott
GeorgiaDemocrat
Adam B. Schiff
Adam B. Schiff
CaliforniaDemocrat
Scott H. Peters
Scott H. Peters
CaliforniaDemocrat

Latest Bills

Improving the Lives of the American People Act
Bill HR 9358July 14, 2026
FEC Administrative Improvements Act
Bill HR 8738July 14, 2026
A resolution honoring the life and legacy of the Honorable Lindsey Olin Graham, a Senator from the State of South Carolina.
Bill SRES 801July 14, 2026
Specialized Infant Formula Protection Act
Bill S 4940July 14, 2026
Delivering Priority Legislation Act
Bill HR 9586July 14, 2026
A resolution commending the courage, bravery, and resolve of the fathers, mothers, sons, and daughters of Cuba, whom 5 years ago, stood in the face of brutal harassment, beatings, and torture to protest against the Communist Cuban regime, demanding access to their fundamental rights to life, dignity, and freedom.
Bill SRES 800July 14, 2026
A bill to amend the Act of May 17, 1954, to revise the boundary of Gateway Arch National Park.
Bill S 4955July 14, 2026
Supporting Our Direct Care Workforce and Family Caregivers Act
Bill S 4889July 14, 2026
Unmanned System Command and Control Integration Assessment Act of 2026
Bill S 4930July 14, 2026
PROTECT Act
Bill S 4902July 14, 2026