119th Congress Finance and Financial Sector
H.R. 3206: Protecting America's Property Rights Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill directs the government-sponsored enterprises—Fannie Mae and Freddie Mac—to establish standards for the use of products such as title insurance. (The enterprises facilitate liquidity in the mortgage market by purchasing mortgages and issuing mortgage-backed securities.)
Specifically, the enterprises must establish regulations or guidelines for risk management related to loss or damage from liens upon, encumbrances on, or defects in the title to property, or the invalidity or unenforceability of any liens or encumbrances on property by using third party products subject to state regulation.
Further, the enterprises must hold an additional 1% of the unpaid principal of any mortgage that does not meet the above regulations or guidelines as part of each enterprise’s minimum capital levels.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Vicente Gonzalez D-TXOriginal
- Jared Moskowitz D-FL
- Sarah McBride D-DE
- Warren Davidson R-OH
- Mark Alford R-MO
- Julie Johnson D-TX
- Garland Barr R-KY
- Tracey Mann R-KS
- Brad Sherman D-CA
- Joseph Morelle D-NY
- Young Kim R-CA
- Jim Costa D-CA
- Guy Reschenthaler R-PA
- Dave Min D-CA
- W. Steube R-FL
- Thomas Suozzi D-NY
- Daniel Meuser R-PA
- Dusty Johnson R-SD
- Michael Lawler R-NY
- Mónica De La Cruz R-TX
- Marlin Stutzman R-IN
- Henry Cuellar D-TX
- Nathaniel Moran R-TX
- Josh Gottheimer D-NJ
Who scored on this bill
- 1Andrew Garbarino SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Andrew Garbarino
- H.R. 9391: Reimbursable Screening Services Program Extension Act of 2026
- H.R. 4171: SEED Act of 2025
- H.R. 4130: Small Business Relief Act
- H.R. 5577: NFIP Extension Act of 2026
- H.R. 5061: Counter-UAS Authority Security, Safety, and Reauthorization Act
- H.R. 5079: Widespread Information Management for the Welfare of Infrastructure and Government Act
History
- Introduced in the House by Andrew Garbarino.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.