H. R. 2380
IN THE HOUSE OF REPRESENTATIVES
April 29, 2019
Ms. Velázquez (for herself, Mr. Loudermilk, Mr. Foster, and Mr. Hollingsworth) introduced the following bill; which was referred to the Committee on Financial Services
To regulate lobbying by Fannie Mae and Freddie Mac, and for other purposes.
This Act may be cited as the
Fannie Mae and Freddie Mac Lobbying Regulation Act of 2019.
Limitations on lobbying activity by Fannie Mae and Freddie Mac
Part 3 of subtitle A of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4601 et seq.) is amended by adding at the end the following new section:
Limitations on lobbying activity by enterprises
During any period in which an enterprise is in conservatorship or receivership pursuant to section 1367, such enterprise may not engage in any activity that would result in such enterprise being a client for purposes of section 3(2) of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1602(2)).