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H.R. 1227: GSE Risk and Activities Limitation Act of 2011

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H.R. 1227: GSE Risk and Activities Limitation Act of 2011

112th Congress · introduced 2011-03-29 · Housing and Community Development · Latest: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .

federal

Follow this bill, step by step

  1. Where it came from: introduced 2011-03-29 · official record
  2. Who proposed it: Rep. Schweikert, David [R-AZ-5] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote . Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

GSE Risk and Activities Limitation Act of 2011

Plain summary

GSE Risk and Activities Limitation Act of 2011 - Amends the Housing and Community Development Act of 1992 to prohibit the Director of the Federal Housing Finance Agency from approving any new products of the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) (Government-sponsored enterprises or GSEs) during any term of conservatorship or receivership.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

GSE Risk and Activities Limitation Act of 2011

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Schweikert, David [R-AZ-5] · 6 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Shelley Moore Capito (R-WV)

Sponsor's campaign money: Rep. Schweikert, David [R-AZ-5] reported raising $1.7 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Sources

Record fed-us-cong112-hr1227 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112