{"id":1554,"date":"2014-06-28T11:47:35","date_gmt":"2014-06-28T15:47:35","guid":{"rendered":"http:\/\/www.us-covered-bonds.com\/staging\/9690\/?page_id=1554"},"modified":"2026-09-12T15:01:34","modified_gmt":"2026-09-12T19:01:34","slug":"u-s-legislative-history","status":"publish","type":"page","link":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/u-s-legislative-history\/","title":{"rendered":"U.S. Legislative History"},"content":{"rendered":"<\/div><\/div><\/div>\r\n\r\n<div style=\"width: 750px; margin: 0 auto;\">\r\n<p style=\"font-family:'Georgia';font-variant:small-caps; font-size:80%; font-weight:700; margin: 0 0 0 0;\">Updated: 12\/27\/2025<\/p>\r\n<article class=\"t1USLegislation\">\r\n<h1 class=\"t1USLegislation\">U.S. Covered Bond Legislation<\/h1>\r\n<table class=\"t1USLegislation\">\r\n    <colgroup>\r\n       <col style=\"width:10%;\">\r\n       <col style=\"width:10%;\">\r\n       <col style=\"width:20%;\">\r\n       <col style=\"width:60%;\">\r\n    <\/colgroup>\r\n    <tr>\r\n       <th>Bill No.<\/th><th>Sponsor<\/th><th>Title<\/th><th>Notes<\/th>\r\n    <\/tr>\r\n<!--------------------------2026 Legislation------------------------------------------>\r\n     <tr>\r\n        <td colspan=\"4\"; style=\"text-align:center; background-color:white;\">2026 Bills<\/td>\r\n        <\/tr>\r\n     <tr>\r\n        <td>None<\/td>\r\n        <td><\/td>\r\n        <td><\/td>\r\n        <td><\/td>\r\n       <\/tr>\r\n<!--------------------------2025 Legislation------------------------------------------>\r\n     <tr>\r\n        <td colspan=\"4\"; style=\"text-align:center; background-color:white;\">2015 through 2025 Bills<\/td>\r\n        <\/tr>\r\n     <tr>\r\n        <td>None<\/td>\r\n        <td><\/td>\r\n        <td><\/td>\r\n        <td><\/td>\r\n       <\/tr>\r\n<!--------------------------2014 Legislation------------------------------------------>\r\n     <tr>\r\n        <td colspan=\"4\"; style=\"text-align:center; background-color:white;\">2014 Bills<\/td>\r\n        <\/tr>\r\n     <tr>\r\n        <td>S.1217 Amendment<\/td>\r\n        <td>Johnson, Crapo<\/td>\r\n        <td><a href=\"https:\/\/www.congress.gov\/bill\/113th-congress\/senate-bill\/1217?q=%7B%22search%22%3A%5B%22%5C%22s.1217%5C%22%22%5D%7D\">Housing Finance Reform and Taxpayer Protection Act of 2013<\/a><\/td>\r\n        <td>The amendment does <em>not<\/em> add covered bond provisions.<br><strong>4\/29\/2014:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Committee consideration and Mark Up Session held.<br>\r\n<strong>5\/15\/2014:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.<br>\r\n<strong>9\/18\/2014:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Reported by Senator Johnson SD, with an amendment in the nature of a substitute. Without written report.<br>\r\n<strong>9\/18\/2014:<\/strong>\r\nPlaced on Senate Legislative Calendar under General Orders. Calendar No. 579.<\/td>\r\n       <\/tr>\r\n<!---------------------------2013 Legislation------------------------------------------>    \r\n     <tr>\r\n        <td colspan=\"4\"; style=\"text-align:center; background-color:white;\">2013 Bills<\/td>\r\n     <\/tr>\r\n     <tr>\r\n        <td>S.1217<\/td>\r\n        <td>Hagan, Corker<\/td>\r\n        <td><a href=\"http:\/\/thomas.loc.gov\/cgi-bin\/query\/z?c113:S.1217:\">Housing Finance Reform and Taxpayer Protection Act of 2013<\/a><\/td>\r\n        <td>This is a bi-partisan Senate version of GSE reform.&nbsp; There are no covered bond provisions in this bill.&nbsp; The hope was that covered bond provisions would be added in the Conference Committee.<br><strong>7\/23\/2013:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.<br>\r\n<strong>9\/12\/2013:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Hearings held.<br>\r\n<strong>10\/1\/2013:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Hearings held.<br>\r\n<strong>10\/29\/2013:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Hearings held.<br>\r\n<strong>10\/31\/2013:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Hearings held.<br>\r\n<strong>11\/5\/2013:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Hearings held.<br>\r\n<strong>11\/7\/2013:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Hearings held.<br>\r\n<strong>11\/21\/2013:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Hearings held.<br>\r\n<strong>11\/22\/2013:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Hearings held.<br>\r\n<strong>12\/10\/2013:<\/strong>\r\nCommittee on Banking, Housing, and Urban Affairs. Hearings held.<\/td>\r\n       <\/tr>\r\n     <tr>\r\n        <td>H.R.2767<\/td>\r\n        <td>Garrett<br \/>52 co-sponsors<\/td>\r\n        <td><a href=\"http:\/\/thomas.loc.gov\/cgi-bin\/query\/z?c113:H.R.2767:\">PATH Act of 2013<\/a><\/td>\r\n        <td>This is the Republican version of GSE reform.&nbsp; It includes covered bond provisions very similar to H.R.940.&nbsp; The bill passed the House Financial Services Committee on a strict party line vote.<br><strong>7\/24\/2013:<\/strong> Committee Consideration and Mark-up Session Held.<br><strong>7\/24\/2013:<\/strong> Ordered to be Reported (Amended) by the Yeas and Nays: 30 &#8211; 27.<br>\r\n<strong>7\/22\/2013:<\/strong> Referred to House Ways and Means<\/td>\r\n       <\/tr>\r\n<!---------------------------2012 Legislation--------------------------------------------->    \r\n     <tr>\r\n        <td colspan=\"4\"; style=\"text-align:center; background-color:white;\">2012 Bills<\/td>\r\n     <\/tr>\r\n     <tr>\r\n        <td><\/td>\r\n        <td><\/td>\r\n        <td><\/td>\r\n        <td><\/td>\r\n       <\/tr>\r\n<!---------------------------2011 Legislation---------------------------------------------->    \r\n     <tr>\r\n        <td colspan=\"4\"; style=\"text-align:center; background-color:white;\">2011 Bills<\/td>\r\n     <\/tr>\r\n     <tr>\r\n        <td>H.R.940<\/td>\r\n        <td>Garrett, Maloney<\/td>\r\n        <td><a href=\"http:\/\/thomas.loc.gov\/cgi-bin\/query\/z?c112:H.R.940.RH:\">U.S. Covered Bond Act of 2011<\/a><br><a href=\"http:\/\/thomas.loc.gov\/cgi-bin\/cpquery\/1?cp112:.\/temp\/~TSOPh4jSS&#038;sid=TSOPh4jSS&#038;item=1&#038;sel=TOCLIST&#038;hd_count=4&#038;xform_type=0&#038;r_n=hr407p1.112&#038;dbname=cp112&#038;&#038;refer=&#038;&#038;w_p=h.r.940&#038;attr=603&#038;&#038;\">HSFC Committee Report<\/a><\/td>\r\n        <td>This bill passed the HFSC by a very strong bi-partisan vote of 44-7.&nbsp; The nay votes were related principally to the committee voting down amendments sought by the FDIC.<br><strong>6\/22\/2011:<\/strong> Committee Consideration and Mark-up Session Held.<br><strong>6\/22\/2011:<\/strong> Ordered to be Reported (Amended) by the Yeas and Nays: 44 &#8211; 7 and 3 Present.<br><strong>12\/31\/2012 7:01pm:<\/strong> Committee on Ways and Means discharged.<br><strong>12\/31\/2012 7:01pm:<\/strong> Placed on the Union Calendar, Calendar No. 542.<\/td>\r\n       <\/tr>\r\n     <tr>\r\n        <td>S.1835<\/td>\r\n        <td>Hagan, Corker, Crapo, Schumer<\/td>\r\n        <td><a href=\"http:\/\/thomas.loc.gov\/cgi-bin\/query\/z?c112:S.1835.IS:\">U.S. Covered Bond Act of 2011<\/a><\/td>\r\n        <td>This bill was very similar to H.R.940, but excluded the tax provisions.<\/td>\r\n       <\/tr>\r\n<!---------------------------2010 Legislation--------------------------------------------------->    \r\n     <tr>\r\n        <td colspan=\"4\"; style=\"text-align:center; background-color:white;\">2010 Bills<\/td>\r\n     <\/tr>\r\n     <tr>\r\n        <td>H.R.5823<\/td>\r\n        <td>Garrett<\/td>\r\n        <td> <a href=\"http:\/\/thomas.loc.gov\/cgi-bin\/query\/z?c111:H.R.5823.IH:\">U.S. Covered Bond Act of 2010<\/a><br>\r\n             <a href=\"http:\/\/www.americansecuritization.com\/uploadedFiles\/KanjorskiCoveredBondManagersAmendment.pdf\">Manager&#8217;s Amendment<\/a><br>\r\n             <a href=\"http:\/\/www.americansecuritization.com\/uploadedFiles\/BeanRegulatoryAmendmenttoHR5823.pdf\">Bean Amendment<\/a><br>\r\n             <a href=\"http:\/\/www.americansecuritization.com\/uploadedFiles\/Garrett2ndDegreeAmendmenttoBeanAmendmentonHR5823.pdf\">Garrett 2d degree amendment<\/a><br>\r\n             <a href=\"http:\/\/financialservices.house.gov\/Media\/file\/markups\/7_29_2010\/HR%205823%20Amendments\/Bean%203.pdf\">Bean Amendment 54 (withdrawn)<\/a><br>\r\n             <a href=\"http:\/\/www.americansecuritization.com\/uploadedFiles\/FDIC_Bair_CB_Letter.pdf\">Chairwoman Bair&#8217;s Letter<\/a><br>\r\n             <a href=\"http:\/\/financialserv.edgeboss.net\/wmedia\/financialserv\/markup072810.wvx\">Archived webcast of July 28, hearing <\/a><\/td>\r\n        <td><strong>7\/28\/2010:<\/strong>\r\nCommittee Consideration and Mark-up Session Held.<br>\r\n<strong>7\/28\/2010:<\/strong>\r\nOrdered to be Reported (Amended) by Voice Vote.<\/td>\r\n       <\/tr>\r\n     <tr>\r\n        <td>H.R.4884<\/td>\r\n        <td>Garrett, Bachus, Kanjorski<\/td>\r\n        <td><a href=\"https:\/\/www.congress.gov\/bill\/111th-congress\/house-bill\/4884?q=%7B%22search%22%3A%5B%22U.S.+Covered+Bond+Act+of+2010%22%5D%7D&amp;resultIndex=10\">U.S. Covered Bond Act of 2010<\/a><\/td>\r\n        <td><strong>3\/18\/2010:<\/strong>\r\nReferred to House Financial Services<br>\r\n<strong>3\/18\/2010:<\/strong>\r\nReferred to House Ways and Means<\/td>\r\n       <\/tr>\r\n<!---------------------------2009 Legislation--------------------------------------------------->    \r\n     <tr>\r\n        <td colspan=\"4\"; style=\"text-align:center; background-color:white;\">2009 Bills<\/td>\r\n     <\/tr>\r\n     <tr>\r\n        <td>H.R.2896<\/td>\r\n        <td>Garrett, Bachus, Kanjorski, Paulsen<\/td>\r\n        <td><a href=\"https:\/\/www.congress.gov\/bill\/111th-congress\/house-bill\/2896?q=%7B%22search%22%3A%5B%22equal+treatment+for+covered+bonds%22%5D%7D&amp;resultIndex=1\">Equal Treatment for Covered Bonds Act of 2009<\/a><\/td>\r\n        <td><\/td>\r\n       <\/tr>\r\n<!---------------------------2008 Legislation--------------------------------------------------->    \r\n     <tr>\r\n        <td colspan=\"4\"; style=\"text-align:center; background-color:white;\">2008 Bills<\/td>\r\n     <\/tr>\r\n     <tr>\r\n        <td>H.R.6659<\/td>\r\n        <td>Garrett, Bachmann, Bachus, Hensarling, Weldon<\/td>\r\n        <td><a href=\"http:\/\/thomas.loc.gov\/cgi-bin\/query\/z?c110:H.R.6659.IH:\">Equal Treatment for Covered Bonds Act of 2008<\/a><\/td>\r\n        <td><\/td>\r\n       <\/tr>\r\n<\/table>\r\n<\/article>\r\n<\/div>","protected":false},"excerpt":{"rendered":"Updated: 12\/27\/2025 U.S. Covered Bond Legislation Bill No.SponsorTitleNotes 2026 Bills None 2015 through 2025 Bills None 2014 Bills S.1217 Amendment Johnson, Crapo Housing Finance Reform and Taxpayer Protection Act of 2013 The amendment does not add covered bond provisions.4\/29\/2014: Committee on Banking, Housing, and Urban Affairs. Committee consideration and Mark Up Session held. 5\/15\/2014: Committee&hellip; <a class=\"more-link\" href=\"https:\/\/www.us-covered-bonds.com\/staging\/3708\/u-s-legislative-history\/\">Continue reading <span class=\"screen-reader-text\">U.S. Legislative History<\/span><\/a>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/legislative.php","meta":{"nf_dc_page":"","footnotes":""},"class_list":["post-1554","page","type-page","status-publish","hentry","entry"],"_links":{"self":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/pages\/1554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/comments?post=1554"}],"version-history":[{"count":17,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/pages\/1554\/revisions"}],"predecessor-version":[{"id":4772,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/pages\/1554\/revisions\/4772"}],"wp:attachment":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/media?parent=1554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}