A bill to limit the salaries and expenses of certain offices within the Department of the Treasury and the Department of Housing and Urban Development.
Amends the National Housing Act to permit the maximum mortgage amounts to be increased by the amount of the mortgage insurance premium paid at the time the mortgage is insured. Excludes the increase in the purchaser's initial outlay from the calculation of FHA mortgage limits.
Provides for a prorated rebate on the premium to be paid to the original purchaser if the mortgage is paid off prior to its due date.
Declares that such provisions shall be implemented only if the Secretary of Housing and Urban Development determines that the program of advance payment of insurance premiums is actuarially sound.
Authorizes appropriations for FY 1982 to the Bureau of the Mint for the salaries and expenses of the mints and assay offices.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended).
Reported to House (Amended) by House Committee on Banking, Finance and Urban Affairs. Report No: 97-683.
Reported to House (Amended) by House Committee on Banking, Finance and Urban Affairs. Report No: 97-683.
Placed on Union Calendar No: 418.
Rule Granted Providing a Modified Rule with 1 Hour of Debate.
Rules Committee Resolution H.Res.547 Reported to House.
Called up by House by Rule.
Passed/agreed to in House: Passed House (Amended) by Voice Vote.
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Passed House (Amended) by Voice Vote.
Received in the Senate and read twice and referred to the Committee on Banking.