S.Amdt. 1552Senate116th Congress (2019-2021)3rd degree
S.Amdt. 1552
Sponsored by
Sen. John Cornyn (R-TX)
Submitted March 9, 2020
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Senate amendment submitted
March 9, 2020
Text
Submitted
SA 1552. Mr. CORNYN 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.--Prior to establishing and revising building code targets under paragraph (2), the Secretary, in consultation with the Secretary of Housing and Urban Development, as appropriate, shall certify that achieving the proposed targets established under this section will not 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. [[Page S1640]] ______