Bill Sponsor
House Bill 2322
117th Congress(2021-2022)
Ginnie Mae Oversight and Accountability Act of 2021
Introduced
Introduced
Introduced in House on Apr 1, 2021
Overview
Text
Introduced in House 
Apr 1, 2021
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Introduced in House(Apr 1, 2021)
Apr 1, 2021
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
H. R. 2322 (Introduced-in-House)


117th CONGRESS
1st Session
H. R. 2322


To require the President of the Government National Mortgage Association to testify annually before the Congress, and for other purposes.


IN THE HOUSE OF REPRESENTATIVES

April 1, 2021

Mr. Kustoff introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To require the President of the Government National Mortgage Association to testify annually before the Congress, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Ginnie Mae Oversight and Accountability Act of 2021”.

SEC. 2. Annual testimony.

Subsection (a) of section 308 of the National Housing Act (12 U.S.C. 1723(a)) is amended—

(1) by inserting “(1)” after the subsection designation;

(2) in the last undesignated paragraph, by inserting “(2)” before “There”; and

(3) by adding at the end the following new paragraph:

“(3) The President of the Association shall appear not less frequently than annually before the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate regarding the financial status of the Association, the performance of its securities and the issuers of such securities, and any administrative or market challenges faced by the business model of the Association.”.