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H.R. 1209

U.S. House•In House Committee

Summary

H.R. 1209, the End of GSE Conservatorship Preparation Act of 2025, was introduced in the House on Feb 11, 2025 by Rep. Andrew Ogles (R). It was referred to Financial Services, and last saw action on Feb 11, 2025: Referred to the House Committee on Financial Services.

Record

Text

H.R. 1209 has no co-sponsors and has not gone to a roll call.

hb1209/introduced-in-house.txt
119 HR 1209 IH: End of GSE Conservatorship Preparation Act of 2025
 U.S. House of Representatives
 2025-02-11
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 1209  IN THE HOUSE OF REPRESENTATIVES   February 11, 2025   Mr. Ogles  introduced the following bill; which was referred to the  Committee on Financial Services    A BILL
To require the Secretary of the Treasury to submit to the Congress completed proposals for the termination of the conservatorships of Fannie Mae and Freddie Mac, and for other purposes.
1.
Short title
This Act may be cited as the   End of GSE Conservatorship Preparation Act of 2025  .
2.
Proposals for termination of conservatorships
(a)
Report
Not later than 30 days after the date of the enactment of this Act, the Secretary of the Treasury shall submit a report to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate that identifies whether—
(1)
the Department of the Treasury completed the proposal described in article IX of the Letter Agreement to the Amended and Restated Preferred Stock Purchase Agreement between the United States Department of the Treasury and the Federal National Mortgage Association, dated January 14, 2021, and the proposal described in article IX of the Letter Agreement to the Amended and Restated Preferred Stock Purchase Agreement between the United States Department of the Treasury and the Federal Home Loan Mortgage Corporation, dated January 14, 2021; and
(2)
either or both of such proposals were completed and, if so, includes such completed proposal or proposals.
(b)
Proposals
If the report required under subsection (a) indicates that either or both of such proposals were not completed, the Secretary of the Treasury shall—
(1)
include in such report the latest incomplete draft or version, if any, of such incomplete proposal or proposals; and
(2)
not later than 90 days after the date of the enactment of this Act, complete and submit such proposal or proposals to the committees identified in subsection (a).

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-02-11
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in House Feb 11, 2025

hb1209/introduced-in-house.md

Shown Here:
Introduced in House (02/11/2025)

End of GSE Conservatorship Preparation Act of 2025

This bill requires the Department of the Treasury to report to Congress on the status of proposals to establish a timeline and process (1) to end the conservatorship of Fannie Mae and Freddie Mac by the Federal Housing Finance Agency, and (2) for Treasury to resolve its investment in Fannie Mae and Freddie Mac. (As a result of the financial crisis, Fannie Mae and Freddie Mac entered into a conservatorship in 2008 with the Federal Housing Finance Agency. As part of this agreement, Treasury provided funds to support the solvency of Fannie Mae and Freddie Mac.)

Sponsors

Rep. Andrew Ogles (R) sponsors H.R. 1209 alone.

Andrew Ogles

Rep. · R–TN-5 · Sponsor

Committees

H.R. 1209 went before 1 committee: Financial Services.

Financial Services
Financial Services
Referred To · Feb 11, 2025 · 559 Bills

Actions

H.R. 1209 has taken 2 actions since Feb 11, 2025.

ChamberAction
Feb 11, 2025
House
Introduced in House
Feb 11, 2025
House
Referred to the House Committee on Financial Services.Financial Services Committee

Votes

H.R. 1209 has not gone to a roll call.

Titles

H.R. 1209 goes by 3 titles, 1 of them short titles.

  • To require the Secretary of the Treasury to submit to the Congress completed proposals for the termination of the conservatorships of Fannie Mae and Freddie Mac, and for other purposes. — Official Title as Introduced
  • End of GSE Conservatorship Preparation Act of 2025 — Display Title
  • End of GSE Conservatorship Preparation Act of 2025 — Short Title(s) as Introduced

Lobbying

2 clients hired 2 firms and 14 registered lobbyists who named H.R. 1209 in 6 quarterly filings, 2025. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Education, Energy/Nuclear, Environment/Superfund, Government Issues, Health Issues, Labor Issues/Antitrust/Workplace, Tariff (miscellaneous tariff bills), Taxation/Internal Revenue Code.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
ASSOCIATED BUILDERS AND CONTRACTORS INC—District of Columbia14—
NATIONAL TAXPAYERS UNION—District of Columbia12—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
ASSOCIATED BUILDERS AND CONTRACTORS, INC.14—
NATIONAL TAXPAYERS UNION12—

Lobbyists

Named on the filings that cite the bill.

LobbyistFirmsClientsFilings
CHRISTOPHER VAUGHAN114
JOSHUA LEONARD114
KAREN LIVINGSTON114
KRISTEN YORK114
MICHAEL ALTMAN114
MICHAEL BELLAMAN114
VANCE WALTER114
BRANDON ARNOLD112
BRYAN RILEY112
NICHOLAS JOHNS112
PETE SEPP112
BEN BRUBECK111
DAVID TIMMONS111
THOMAS AIELLO111

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
ASSOCIATED BUILDERS AND CONTRACTORS INCASSOCIATED BUILDERS AND CONTRACTORS, INC.2025 fourth_quarter$700K4th Quarter - Report
ASSOCIATED BUILDERS AND CONTRACTORS INCASSOCIATED BUILDERS AND CONTRACTORS, INC.2025 third_quarter$700K3rd Quarter - Report
ASSOCIATED BUILDERS AND CONTRACTORS INCASSOCIATED BUILDERS AND CONTRACTORS, INC.2025 second_quarter$700K2nd Quarter - Report
ASSOCIATED BUILDERS AND CONTRACTORS INCASSOCIATED BUILDERS AND CONTRACTORS, INC.2025 first_quarter$700K1st Quarter - Report
NATIONAL TAXPAYERS UNIONNATIONAL TAXPAYERS UNION2025 second_quarter$30K2nd Quarter - Report
NATIONAL TAXPAYERS UNIONNATIONAL TAXPAYERS UNION2025 first_quarter$30K1st Quarter - Report

Classification

The Congressional Research Service files H.R. 1209 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 1209’s is Finance and Financial Sector.

hr1209/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 1209, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 28 (Tuesday, February 11, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. OGLES:H.R. 1209.Congress has the power to enact this legislation pursuantto the following:Article I, Section VIII of the United States Constitution[Page H645]

Source: congress.gov · legiscan.com