S.Amdt. 113Senate113th Congress (2013-2015)2nd degree

S.Amdt. 113

Submitted March 14, 2013

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Senate amendment submitted

March 14, 2013

Text

Submitted

SA 113. Mr. MENENDEZ submitted an amendment intended to be proposed
to amendment SA 26 proposed by Ms. Mikulski (for herself and Mr.
Shelby) to the bill H.R. 933, making appropriations for the Department
of Defense, the Department of Veterans Affairs, and other departments
and agencies for the fiscal year ending September 30, 2013, and for
other purposes; which was ordered to lie on the table; as follows:

On page 580, between lines 4 and 5, insert the following:
Sec. 1811.  Section 255 of the National Housing Act (12
U.S.C. 1715z-20) is amended--
(1) in subsection (d)(8)--
(A) by inserting ``property maintenance,'' before
``insurance''; and
(B) by inserting ``, including matters that set forth terms
and provisions for establishing escrow accounts, performing
financial assessments, or limiting the amount of any payment
made available under the mortgage'' before the semicolon; and
(2) in subsection (h)--
(A) in paragraph (1), by striking ``; and'' and inserting a
semicolon;
(B) in paragraph (2), by striking the period and inserting
``; and''; and
(C) by adding at the end the following new paragraph:
``(3) by notice or mortgagee letter, establish any
additional or alternative requirements that the Secretary, in
his or her discretion, determines necessary to more
effectively carry out the provisions of this section, and any
such notice or mortgagee letter shall take effect upon
issuance.''.
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