Fannie Mae-No Politics (FNMA)

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See part b

Text Of H.R. 1694, Fannie And Freddie Open Records Act Of 2017

[Showing the text of bill as ordered reported by the Committee on Oversight and Government Reform]

SEC. 1. SHORT TITLE.
This Act may be cited as the “Fannie and Freddie Open Records Act of 2017”.

SEC. 2. APPLICABILITY OF FOIA.
(a) Applicability To Government Sponsored Entities In Conservatorship.—Section 552 of title 5, United States Code (commonly referred to as the Freedom of Information Act), is amended by adding at the end the following new subsection:


“(n) The Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation shall comply with agency requirements under this section during any period such enterprise is under conservatorship or receivership pursuant to section 1367 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4617).”.

(b) Effective Date; Applicability.—The amendment made by subsection (a) shall be effective on the date of the enactment of this Act and shall apply with respect to any request filed under section 552(a)(3) of title 5, United States Code, on or after such effective date, relating to any record created before, on, or after the date of the enactment of this Act.