S.Amdt. 3466

SA 3466. Mr. MURPHY (for himself and Mr. Blumenthal) submitted an
amendment intended to be proposed by him to the bill H.R. 6147, making
appropriations for the Department of the Interior, environment, and
related agencies for the fiscal year ending September 30, 2019, and for
other purposes; which was ordered to lie on the table; as follows:

At the appropriate place in division D, insert the
following:
Sec. __. (a) In this section--
(1) the term ``covered State'' means a State that
administers a crumbling foundations assistance fund;
(2) the term ``crumbling foundations assistance fund''
means a fund established by a State the purpose of which is
to receive public or private contributions to provide
financial assistance to owners of residential buildings in
the State to repair or replace the concrete foundations of
those residential buildings that have deteriorated due to the
presence of pyrrhotite;
(3) the term ``residential building'' means a 1-family, 2-
family, 3-family or 4-family

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dwelling, including a condominium unit or dwelling in a
planned unit development; and
(4) the term ``Secretary'' means the Secretary of Housing
and Urban Development.
(b) Not later than 90 days after the date of enactment of
this Act, the Secretary shall establish and implement a
program to make grants to covered States to assist owners of
residential buildings with concrete foundations that have
deteriorated due to the presence of pyrrhotite.
(c) A covered State desiring a grant under this section
shall submit an application to the Secretary at such time, in
such manner, and accompanied by such information as the
Secretary may require.
(d) A covered State receiving a grant under this section
shall deposit any grant amounts into the crumbling
foundations assistance fund of the State for the purpose of
carrying out the activities described in subsection (e).
(e) A covered State receiving a grant under this section
shall--
(1) develop a single, unified application for owners of
residential buildings to apply for all financial assistance
from the crumbling foundations assistance fund of the covered
State;
(2) provide financial assistance to approved owners of
residential buildings for the repair or replacement of
concrete foundations that have deteriorated due to the
presence of pyrrhotite, including financial reimbursement to
owners who have had such repair or replacement performed
before the date of enactment of this Act;
(3) assist approved owners of residential buildings to
obtain additional financing necessary to fully fund the
repair or replacement of concrete foundations that have
deteriorated due to the presence of pyrrhotite;
(4) approve contractors or other vendors for eligibility to
perform foundation repairs or replacements on behalf of
approved owners;
(5) ensure that the financial assistance is used solely for
costs of repairing and replacing concrete foundations that
have deteriorated due to the presence of pyrrhotite; and
(6) require the disclosure of the amount of all financial
compensation received by an owner of the residential
building, if any, arising out of a claim for coverage under
the property coverage provisions of the homeowners policy for
foundation deterioration due to the presence of pyrrhotite
and ensure that the amount is considered when determining the
amount of financial assistance offered to the owner.
(f)(1) Each grant awarded to a covered State under this
section in a fiscal year shall be in an amount of not more
than $20,000,000.
(2) A grant awarded under this section shall be for a
period of 5 years.
(g) The Secretary shall submit to the Committee on Banking,
Housing, and Urban Affairs of the Senate and the Committee on
Financial Services of the House of Representatives an annual
report on the grant program established under this section,
including a summary of the use of funds by covered States
receiving a grant under this section.
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