To establish a reserve fund for monitoring of FHA-insured lending.
What it does: Adds SEC. ___. DEFICIT-NEUTRAL RESERVE FUND FOR MONITORING OF FHA-INSURED LENDING at the end of title II
Sen. Jeanne Shaheen (D-NH)What it changes
1 change to S.Con.Res. 13 · shown in the resolution's text
Adds SEC. ___. DEFICIT-NEUTRAL RESERVE FUND FOR MONITORING OF FHA-INSURED LENDING at the end of title II
Adds a sectionIn S.Con.Res. 13 · Placed on Calendar Senate
The Chairman of the Senate Committee on the Budget may revise the allocations of a committee or committees, aggregates, and other appropriate levels and limits in this resolution for one or more bills, joint resolutions, amendments, motions, or conference reports that increase transparency at the Federal Reserve System, including audits of the Board of Governors of the Federal Reserve System and the Federal reserve banks and increased public disclosure with respect to the recipients of all loans and other financial assistance it has provided since March 24, 2008, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2009 through 2014 or the period of the total of fiscal years 2009 through 2019.
Inserted: SEC. ___. DEFICIT-NEUTRAL RESERVE FUND FOR MONITORING OF FHA-INSURED LENDING.
Inserted: The Chairman of the Senate Committee on the Budget may revise the allocations of a committee or committees, aggregates, and other appropriate levels and limits in this resolution for one or more bills, joint resolutions, amendments, motions, or conference reports that would increase the capacity of the Inspector General of the Department of Housing and Urban Development to investigate cases of mortgage fraud of Federal Housing Administration loans, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2009 through 2014 or the period of the total of fiscal years 2009 through 2019.
Original wording
At the end of title II, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
At the end of title II, insert the following:
SEC. ___. DEFICIT-NEUTRAL RESERVE FUND FOR MONITORING OF FHA-INSURED LENDING.
The Chairman of the Senate Committee on the Budget may revise the allocations of a committee or committees, aggregates, and other appropriate levels and limits in this resolution for one or more bills, joint resolutions, amendments, motions, or conference reports that would increase the capacity of the Inspector General of the Department of Housing and Urban Development to investigate cases of mortgage fraud of Federal Housing Administration loans, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2009 through 2014 or the period of the total of fiscal years 2009 through 2019.
Legislative Activity
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Senate amendment agreed to: Amendment SA 776 agreed to in Senate by Unanimous Consent.
April 1, 2009
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Senate amendment agreed to: Amendment SA 776 agreed to in Senate by Unanimous Consent.
April 1, 2009
Senate amendment proposed (on the floor): Amendment SA 776 proposed by Senator Shaheen.(consideration: CR S4129-4130, S4146; text: CR S4129)
April 1, 2009
Amendment SA 776 proposed by Senator Shaheen. (consideration: CR S4129-4130, S4146; text: CR S4129) To establish a reserve fund for monitoring of FHA-insured lending.
April 1, 2009
Amendment SA 776 agreed to in Senate by Unanimous Consent.
April 1, 2009
Senate amendment submitted
March 31, 2009