Govwatch

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 10325 Introduced in House (IH)]

<DOC>

119th CONGRESS
  2d Session
                               H. R. 10325

  To increase the mandatory contribution amount of Federal Home Loan 
    Banks to the Affordable Housing Program, and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                           September 8, 2026

  Ms. Waters introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL

 
  To increase the mandatory contribution amount of Federal Home Loan 
    Banks to the Affordable Housing Program, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. INCREASED AFFORDABLE HOUSING PROGRAM INVESTMENT.

    Section 10(j)(5) of the Federal Home Loan Bank Act (12 U.S.C. 1430 
(j)(5)) is amended--
            (1) in subparagraph (C), by striking ``In 1995, and 
        subsequent years,'' and inserting ``In 1995 through 2025,''; 
        and
            (2) by adding at the end the following:
                    ``(D) In 2026, and subsequent years, 15 percent of 
                the preceding year's net income, or such prorated sums 
                as may be required to assure that the aggregate 
                contribution of the Banks shall not be less than 
                $100,000,000 for each such year.''.
                                 <all>
To increase the mandatory contribution amount of Federal Home Loan Banks to the Affordable Housing Program, and for other purposes.

Full Text
