Search Results for keywords:"federal national mortgage association"

Search Results: keywords:"federal national mortgage association"

S. 4933 — To amend the Internal Revenue Code of 1986 to clarify the tax-exempt controlled entity rules with respect to certain stock of government-sponsored enterprises.
August 01, 2024
Status:Introduced in Senate
Congress:118
Words:302
S. 4933 aims to amend the Internal Revenue Code of 1986 to clarify rules about tax-exempt entities holding stock in government-sponsored enterprises, like the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association. The bill specifies that the...
Simple Explanation
S. 4933 is changing some rules about tax-free organizations holding stocks in special companies like Fannie Mae. It says the United States government and its agencies don't count as tax-free in this case, and this change starts from 2008.
H. R. 9267 — To amend the Internal Revenue Code of 1986 to clarify the tax-exempt controlled entity rules with respect to certain stock of government-sponsored enterprises.
August 02, 2024
Status:Introduced in House
Congress:118
Words:280
H. R. 9267 aims to clarify certain tax rules related to government-sponsored enterprises, such as the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association. Specifically, it amends the Internal Revenue Code of 1986 to specify that for certain regulations,...
Simple Explanation
H. R. 9267 is about changing a tax rule so that the U.S. government and its parts don't count as "tax-exempt entities" when dealing with some big companies that help people get home loans, and this change applies to taxes from many years ago.
H. R. 7703 — To amend title 38, United States Code, to provide for the improvement of the Department of Veterans Affairs loan guarantee for purchase of residential cooperative housing units, and for other purposes.
March 15, 2024
Status:Introduced in House
Congress:118
Words:674
H.R. 7703, also known as the “Fair Access to Co-ops for Veterans Act of 2024,” seeks to improve the Department of Veterans Affairs loan guarantee program for residential cooperative housing units. The bill amends title 38 of the United States Code to ensure that the VA sets...
Simple Explanation
H.R. 7703 wants to help veterans buy homes in buildings where many people share ownership (like apartments) by making it easier for them to get loans from the government, even though there might be some extra fees and challenges to figure out.

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