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H.R. 2243: Equity in Government Compensation Act of 2015

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H.R. 2243: Equity in Government Compensation Act of 2015

114th Congress · introduced 2015-05-08 · Housing and Community Development · Latest: Placed on the Union Calendar, Calendar No. 261.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2015-05-08 · official record
  2. Who proposed it: Rep. Royce, Edward R. [R-CA-39] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Placed on the Union Calendar, Calendar No. 261. 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

Equity in Government Compensation Act of 2015

Plain summary

Equity in Government Compensation Act of 2015 (Sec. 3) This bill requires the Director of the Federal Housing Finance Agency to: (1) suspend immediately the compensation packages approved for 2015 for the chief executive officers of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs); and (2) establish, in lieu of such packages, the compensation and benefits for each such officer at the same level in effect as of January 1, 2015. Such compensation and benefits may not thereafter be increased. This requirement may not be construed to affect the applicability to the chief executive officer of each GSE of the prohibition against receiving bonuses during any period of conservatorship on or after April 4, 2012. (Sec. 4) Any executive officer affected by this Act shall not be considered a federal employee.

Congressional Research Service summary (Reported to House amended, Part I), 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

Equity in Government Compensation Act of 2015

Source: Congressional Research Service summary (Reported to House amended, Part I)

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The strongest published arguments

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Alternatives

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

Officials and money

Sponsor: Rep. Royce, Edward R. [R-CA-39] · 6 cosponsors

Cost estimate: CBO cost estimate: H.R. 2243, Equity in Government Compensation Act of 2015 (2015-08-26)

Cosponsors on this site

Robert E. Latta (R-OH)

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)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-hr2243 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114