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.