H.R. 2441 (112th): Housing Trust Fund Elimination Act of 2011

Jul 07, 2011 (112th Congress, 2011–2013)
Died (Referred to Committee)
Edward “Ed” Royce
Representative for California's 40th congressional district
Read Text »
Last Updated
Jul 07, 2011
4 pages

This bill was introduced on July 7, 2011, in a previous session of Congress, but was not enacted.

Introduced Jul 07, 2011
Referred to Committee Jul 07, 2011
Full Title

To terminate the Housing Trust Fund and the requirement that Fannie Mae and Freddie Mac make annual allocations for such Fund.


No summaries available.

2 cosponsors (2R) (show)

House Financial Services

Capital Markets and Government Sponsored Enterprises

Housing and Insurance

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Primary Source

THOMAS.gov (The Library of Congress)

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H.R. stands for House of Representatives bill.

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

Housing Trust Fund Elimination Act of 2011 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to abolish the HOPE Reserve Fund, Housing Trust Fund, and Capital Magnet Fund and make available any amounts in such funds to the Secretary of the Treasury for use in reducing the federal budget deficit.
Repeals requirements that the Federal Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) make allocations for the Housing Trust Fund and the Capital Magnet Fund.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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