H.R. 6397 (112th): Defending American Taxpayers From Abusive Government Takings Act of 2012

Introduced:
Sep 13, 2012 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
John Campbell III
Representative for California's 48th congressional district
Party
Republican
Text
Read Text »
Last Updated
Sep 13, 2012
Length
6 pages
Related Bills
H.R. 2733 (113th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Jul 18, 2013

 
Status

This bill was introduced on September 13, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Sep 13, 2012
Referred to Committee Sep 13, 2012
 
Full Title

To prohibit Fannie Mae and Freddie Mac from purchasing, the FHA from insuring, and the Department of Veterans Affairs from guaranteeing, making, or insuring, a mortgage that is secured by a residence or residential structure located in a county in which the State has used the power of eminent domain to take a residential mortgage.

Summary

No summaries available.

Cosponsors
11 cosponsors (11R) (show)
Committees

House Financial Services

Capital Markets and Government Sponsored Enterprises

House Veterans' Affairs

Economic Opportunity

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

Widget

Get a bill status widget for your website »

Citation

Click a format for a citation suggestion:

Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


9/13/2012--Introduced.
Defending American Taxpayers From Abusive Government Takings Act of 2012 - Amends the Federal National Mortgage Association Charter Act to prohibit the Federal National Mortgage Association (Fannie Mae) from purchasing any mortgage secured by a structure or dwelling unit located within a county that contains any structure or dwelling unit that secures or secured a residential mortgage loan that the state or any territory, including any agency or political subdivision, obtained during the preceding 120 months by eminent domain.
Amends the Federal Home Loan Mortgage Corporation Act to prohibit the Federal Home Loan Mortgage Corporation (Freddie Mac) from doing the same.
Amends the National Housing Act to prohibit the Secretary of Housing and Urban Development (HUD) from newly insuring any mortgage secured by a structure or dwelling unit located in such a county.
Prohibits the Secretary from guaranteeing, making, or insuring a housing or small business loan for a residence located in such a county.

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

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

Use the comment space below for discussion of the merits of H.R. 6397 (112th) with other GovTrack users.
Your comments are not read by Congressional staff.

comments powered by Disqus