S.Amdt. 1245

SA 1245. Mr. MANCHIN submitted an amendment intended to be proposed
by him to the bill H.R. 4366, making appropriations for military
construction, the Department of Veterans Affairs, and related agencies
for the fiscal year ending September 30, 2024, and for other purposes;
which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:
Sec. ___. (a) Not later than 180 days after the date of
enactment of this Act, the Director of the Federal Housing
Finance Agency, in consultation with the Secretary of the
Treasury, shall submit to Congress a report regarding the
state of the conservatorship of the Federal National Mortgage
Association and the Federal Home Loan Mortgage Corporation
(referred to in this section as the ``covered entities'').
(b) The report required under subsection (a) shall
include--
(1) policy options that could be taken to end the
conservatorship of the covered entities;
(2) potential safeguards that would need to be established
to ensure that, after the end of the conservatorship of the
covered entities, the covered entities would not need to be
placed in conservatorship at a future date;
(3) whether the conservatorship of the covered entities has
accomplished the primary goals of the conservatorship; and
(4) if applicable, the projected timeline for ending the
conservatorship of the covered entities.
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