H.R. 3453 — Introduced in House

I 114th CONGRESS 1st Session H. R. 3453 IN THE HOUSE OF REPRESENTATIVES September 8, 2015 Mr. David Scott of Georgia (for himself and Mr. Lucas) introduced the following bill; which was referred to the Committee on Agriculture A BILL To clarify the regulatory treatment of Federal Home Loan Bank products. 1. Short title This Act may be cited as the Federal Home Loan Bank Product Act. 2. Treatment of Federal home loan bank products (a) Section 1a(2) of the Commodity Exchange Act (7 U.S.C. 1a(2)) is amended— (1) in subparagraph (B), by striking and; (2) in subparagraph (C), by striking the period and inserting ; and; and (3) by adding at the end the following: (D) is the Federal Housing Finance Agency for any Federal Home Loan Bank (as defined in section 2 of the Federal Home Loan Bank Act). . (b) Section 402(a) of the Legal Certainty for Bank Products Act of 2000 (7 U.S.C. 27(a)) is amended— (1) by striking or at the end of paragraph (6); (2) by striking the period at the end of paragraph (7) and inserting ; or; and (3) by adding at the end the following: (8) any Federal Home Loan Bank (as defined in section 2 of the Federal Home Loan Bank Act). .