H.R. 7382

Fannie Mae and Freddie Mac Lobbying Regulation Act of 2018

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I

115th CONGRESS

2d Session

H. R. 7382

IN THE HOUSE OF REPRESENTATIVES

December 20, 2018

Mr. Royce of California (for himself and Ms. Velázquez) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To regulate lobbying by Fannie Mae and Freddie Mac, and for other purposes.

1.

Short title

This Act may be cited as the Fannie Mae and Freddie Mac Lobbying Regulation Act of 2018.

2.

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:

1357.

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)).

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