[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 1636 Referred in House (RFH)]
1st Session
S. 1636
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IN THE HOUSE OF REPRESENTATIVES
September 22, 2003
Referred to the Committee on Financial Services
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AN ACT
To preserve the ability of the Federal Housing Administration to insure
mortgages under section 238 and 519 of the National Housing Act.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
That notwithstanding the first paragraph under the heading
``Federal Housing Administration - general and special risk program
account'' in title II of Division K of the Consolidated Appropriations
Resolution, 2003 (Public Law 108-7), during the fiscal year 2003,
commitments to guarantee loans to carry out the purposes of sections
238 and 519 of the National Housing Act (12 U.S.C. 1715z-3 and 1735c),
shall not exceed a loan principal of $25,000,000,000, and shall remain
available until all funds are expended.
Passed the Senate September 18, 2003.
Attest:
EMILY J. REYNOLDS,
Secretary.