S.Amdt. 1551Senate116th Congress (2019-2021)3rd degree
S.Amdt. 1551
Sponsored by
Sen. John Cornyn (R-TX)
Submitted March 9, 2020
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Senate amendment submitted
March 9, 2020
Text
Submitted
SA 1551. Mr. CORNYN (for himself and Mr. Inhofe) submitted an amendment intended to be proposed to amendment SA 1514 proposed by Mr. Portman (for himself and Mrs. Shaheen) to the amendment SA 1407 proposed by Ms. Murkowski to the bill S. 2657, to support innovation in advanced geothermal research and development, and for other purposes; which was ordered to lie on the table; as follows: On page 18, between lines 21 and 22, insert the following: ``(5) Low-income homeownership and affordable housing considerations.--In establishing and revising building code targets under paragraph (2), the Secretary shall not establish building code targets that will increase-- ``(A) the cost of homeownership for individuals and households who are otherwise eligible for public housing assistance; or ``(B) costs to multifamily buildings participating in Federal assistance or loan guarantee programs, including-- ``(i) a multifamily building in a public housing project; ``(ii) a multifamily building in a multifamily housing project receiving rental assistance under subsection (b) of section 8 of the United States Housing Act of 1937 (42 U.S.C. 1437f) that is attached to the structure pursuant to subsection (d)(2) of that section; and ``(iii) a multifamily building for which the mortgage secured by the building is guaranteed by the Department of Housing and Urban Development. ______