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H.R. 1694 (115th): Fannie and Freddie Open Records Act of 2017

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About the bill

Source: Republican Policy Committee

This bill would make Fannie Mae and Freddie Mac subject to the requirements of the Freedom of Information Act, which would make their records available to the public on request.

The Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) are government-sponsored enterprises (private corporations with federal charters that confer special privileges) that buy mortgages from lenders and either hold those mortgages in their portfolios or package the loans into mortgage-backed securities that may be sold.

To stabilize the housing market in the aftershock ...

Sponsor and status

Photo of sponsor Jason Chaffetz

Jason Chaffetz

Sponsor. Representative for Utah's 3rd congressional district. Republican.

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Last Updated: Apr 28, 2017
Length: 4 pages
Introduced
Mar 23, 2017
115th Congress, 2017–2019
Status
Died in a previous Congress

This bill was introduced in a previous session of Congress and was passed by the House on April 27, 2017 but was never passed by the Senate.

Source
Congress.gov

Position statements

What legislators are saying

“House passes Johnson amendment to protect privacy and sensitive information”
    — Rep. Henry “Hank” Johnson [D-GA4] on Apr 28, 2017

“On the House Floor This Week - 4/24/17”
    — Rep. John Delaney [D-MD6, 2013-2018] on Apr 24, 2017

“Loudermilk: Every Government Enterprise Should Be Subject to Oversight”
    — Rep. Barry Loudermilk [R-GA11] on Apr 28, 2017

More statements at ProPublica Represent...

What stakeholders are saying

Institute for Spending Reform SpendingTracker.org estimates H.R. 1694 will add $218 million in new spending through 2027.
Institute for Spending Reform SpendingTracker.org estimates H.R. 1694 will add $218 million in new spending through 2027.

History

Mar 23, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

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Mar 28, 2017
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

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Apr 24, 2017
 
Reported by House Committee on Oversight and Government Reform

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

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Apr 27, 2017
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

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H.R. 1694 (115th) was a bill in the United States Congress.

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

This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 1694 — 115th Congress: Fannie and Freddie Open Records Act of 2017.” www.GovTrack.us. 2017. January 26, 2020 <https://www.govtrack.us/congress/bills/115/hr1694>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.