S.Amdt. 2074
What it does: Adds SEC. 321. ELIMINATION OF CAP ON NUMBER OF MORTGAGES INSURED on page 348, between lines 5 and 6
Sen. Rick Santorum (R-PA)What it changes
1 change to H.R. 3058
Adds SEC. 321. ELIMINATION OF CAP ON NUMBER OF MORTGAGES INSURED on page 348, between lines 5 and 6
Adds a sectionPrinted pageInserted: SEC. 321. ELIMINATION OF CAP ON NUMBER OF MORTGAGES INSURED.
Inserted: (a) Short Title.--This section may be cited as the "Reverse Mortgages to Help America's Seniors Act".
Inserted: (b) National Housing Act.--Section 255 of the National Housing Act (12 U.S.C. 1715z-20) is amended--
Inserted: (1) in subsection (g), by striking the first sentence; and
Inserted: (2) in subsection (i)(1)(C), by striking "limitations" and inserting "limitation".
Original wording
On page 348, between lines 5 and 6, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2074. Mr. SANTORUM submitted an amendment intended to be proposed by him to the bill H.R. 3058, making appropriations for the Departments of Transportation, Treasury, and Housing and Urban Development, the Judiciary, District of Columbia, and independent agencies for the fiscal year ending September 30, 2006, and for other purposes; which was ordered to lie on the table; as follows:
On page 348, between lines 5 and 6, insert the following:
SEC. 321. ELIMINATION OF CAP ON NUMBER OF MORTGAGES INSURED.
(a) Short Title.--This section may be cited as the “Reverse Mortgages to Help America's Seniors Act”.
(b) National Housing Act.--Section 255 of the National Housing Act (12 U.S.C. 1715z-20) is amended--
(1) in subsection (g), by striking the first sentence; and
(2) in subsection (i)(1)(C), by striking “limitations” and inserting “limitation”.
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Senate amendment submitted
October 18, 2005