H.R. 2462: Cap the GSE Bailout Act of 2011
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H.R. 2462: Cap the GSE Bailout Act of 2011
112th Congress · introduced 2011-07-08 · Housing and Community Development · Latest: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
federal
Follow this bill, step by step
- Where it came from: introduced 2011-07-08 · official record
- Who proposed it: Rep. Fitzpatrick, Michael G. [R-PA-8] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- 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.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Cap the GSE Bailout Act of 2011
Plain 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.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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What does this mean? (plain words)
Official text
Cap the GSE Bailout Act of 2011
Source: Congressional Research Service summary (Introduced in House)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Fitzpatrick, Michael G. [R-PA-8] · 3 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
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.
Words on this page, explained (1)
- Sponsor and cosponsor
- The sponsor is the member who introduces a bill and leads it. Cosponsors are other members who sign on to show support.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-112hr2462.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/112/hr>
Record fed-us-cong112-hr2462 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112