1. Short title This Act may be cited as the GSE Jumpstart Reauthorization Act of 2017 . 2. Extension of limitation on sale of preferred stock Subsection (b) of section 702 of division O of the Consolidated Appropriations Act, 2016 ( Public Law 114–113 ; 129 Stat. 3025) is amended by striking January 1, 2018 and inserting January 1, 2019 . 3. Conservation of capital during periods of low net worth Subsection (b) of section 1337 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 ( 12 U.S.C. 4567(b) ) is amended— (1) by striking The Director and inserting Notwithstanding any other provision of law, the Director ; (2) by redesignating paragraphs (1), (2), and (3) as subparagraphs (A), (B), and (C), respectively, and realigning such subparagraphs (as so redesignated) so as to be indented 4 ems from the left margin; (3) by striking by an enterprise upon a finding and inserting the following: by an enterprise— (1) upon a finding ; (4) in paragraph (1)(C), as so redesignated by the amendments made by paragraphs (2) and (3) of this section, by striking the period at the end at inserting ; or