S.Amdt. 2408
What it does: Rewrites page 301, lines 4–10
Sen. Sherrod Brown (D-OH)What it changes
1 change to H.R. 3288
Rewrites page 301, lines 4–10
ReplacesPrinted pageRemoves page 301, lines 4–10 of the printed bill. See that page
Inserted: (9) Any financial risk to the FHA General and Special Risk Insurance Fund, as determined by the Secretary, would be reduced as a result of a transfer completed under this section. The Secretary may waive this requirement upon determining such a waiver is necessary to facilitate the financing of acquisition, refinancing, construction, or rehabilitation of the receiving project.
Inserted: (10) The Secretary determines that Federal liability with regard to this project will not be increased. The Secretary may waive this requirement upon determining such a waiver is necessary to facilitate the financing of acquisition, refinancing, construction, or rehabilitation of the receiving project.
Original wording
On page 301, strike lines 4 through 10, and insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2408. Mr. BROWN submitted an amendment intended to be proposed by him to the bill H.R. 3288, making appropriations for the Departments of Transportation, and Housing and Urban Development, and related agencies for the fiscal year ending September 30, 2010, and for other purposes; as follows:
On page 301, strike lines 4 through 10, and insert the following:
(9) Any financial risk to the FHA General and Special Risk Insurance Fund, as determined by the Secretary, would be reduced as a result of a transfer completed under this section. The Secretary may waive this requirement upon determining such a waiver is necessary to facilitate the financing of acquisition, refinancing, construction, or rehabilitation of the receiving project.
(10) The Secretary determines that Federal liability with regard to this project will not be increased. The Secretary may waive this requirement upon determining such a waiver is necessary to facilitate the financing of acquisition, refinancing, construction, or rehabilitation of the receiving project.
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Senate amendment submitted
September 16, 2009