,i  #aadth ,,congress  #ast ,session    
,h4 ,r4 #egd  ,,in ,,the ,,house ,,of   
,,representatives  ,january #bg1 #bjae  
,mr4 ,royce 7for himself1 ,mr4 ,lucas1  
,mr4 ,garrett1 ,mr4 ,neugebauer1 ,mr4   
,westmoreland1 ,mr4 ,huizenga of        
,michigan1 ,mr4 ,fincher1 ,mr4          
,stutzman1 ,mr4 ,mulvaney1 ,mr4         
,hultgren1 ,mr4 ,pittenger1 ,mr4 ,barr1 
and ,mr4 ,williams7 introduced the      
following bill2 which was referred to   
the ,committee on ,financial ,services  
,a ,,bill  ,to prohibit contributions by
 ,fannie ,mae and ,freddie ,mac to the  
,housing ,trust ,fund and the ,capital  
,market ,fund while such enterprises are
 in conservatorship or receivership1 and
 for other purposes4  #a4 ,short title  
,this ,act may be cited as the ,pay     
,back the ,taxpayers ,act of #bjae4  #b4
 ,prohibition of contributions to       
,housing ,trust ,fund and ,capital      
,magnet ,fund while enterprises are in  
conservatorship or receivership  7a7 ,in
 general ,notwithstanding section #accg 

of the ,federal ,housing ,enterprises   
,financial ,safety and ,soundness ,act  
of #aiib 7#ab ,u4,s4,c4 #defg7 or any   
other provision of law1 after the date  
of the enactment of this ,act1 the      
,federal ,national ,mortgage            
,association and the ,federal ,home     
,loan ,mortgage ,corporation shall not1 
during the term of any conservatorship  
or receivership of such an enterprise   
pursuant to section #acfg of such ,act  
7#ab ,u4,s4,c4 #dfag71 make any         
contribution or transfer to1 or allocate
 or set aside any amounts for1 the      
,housing ,trust ,fund established under 
section #acch of such ,act 7#ab         
,u4,s4,c4 #defh7 or the ,capital ,magnet
 ,fund established under section #acci  
of such ,act 7#ab ,u4,s4,c4 #defi74  7b7
 ,treatment of amounts previously set   
aside ,any amounts that1 before the date
 of the enactment of this ,act1 have    
been set aside by the ,federal ,national
 ,mortgage ,association or the ,federal 
,home ,loan ,mortgage ,corporation for  

the ,housing ,trust ,fund or the        
,capital ,magnet ,fund referred to in   
subsection 7a7 of this section but not  
yet allocated or transferred to such a  
,fund shall not be so allocated or      
transferred but shall be covered into   
the ,general ,fund of the ,treasury and 
shall be used only for reducing the     
budget deficit of the ,federal          
,government4  #c4 ,use of enterprise    
repayments to reduce budget deficit     
,after the date of the enactment of this
 ,act1 any amounts paid or repaid to the
 ,secretary of the ,treasury by the     
,federal ,national ,mortgage            
,association or the ,federal ,home ,loan
 ,mortgage ,corporation1 during the term
 of any conservatorship or receivership 
of such enterprise pursuant to section  
#acfg of such ,act 7#ab ,u4,s4,c4 #dfag7
 and in any form1 including any         
dividends paid pursuant to the ,amended 
and ,restated ,senior ,preferred ,stock 
,purchase ,agreements1 dated ,september 
#bf1 #bjjh1 amended ,may #f1 #bjji1     

further amended ,december #bd1 #bjji1   
and further amended ,august #ag1 #bjab1 
between the ,united ,states ,department 
of the ,treasury and the ,federal       
,national ,mortgage ,association1 and   
between such ,department and the        
,federal ,home ,loan ,mortgage          
,corporation1 shall be covered into the 
,general ,fund of the ,treasury and     
shall be used only for reducing the     
budget deficit of the ,federal          
,government4