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Code · BILL · 113th Congress · H.R. 2767 (Introduced in House) — To protect American taxpayers and homeowners by creating a sustainable housing finance system for the 21st century. · Sec. 285

Sec. 285. Wind-up of HUD affairs

551 words·~3 min read·/bill/113/hr/2767/ih/section-285·

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Effective upon the expiration of the transition period, any offices of the Department of Housing and Urban Development responsible for functions transferred pursuant to section 284(a), to the extent of such functions, and the position of the Federal Housing Commissioner in the Department of Housing and Urban Development, are abolished. During the transition period, the Secretary, solely for the purpose of winding up the affairs of the Department relating to the functions transferred under section 284— shall manage the employees of the Department responsible for such functions and provide for the payment of the compensation and benefits of any such employee which accrue before the effective date of the transfer of such employee under section 287; and may take any other action necessary for the purpose of winding up the affairs of the Department relating to such functions.
The provisions of and amendments made by this title and the abolishments under subsection
(a)of this section may not be construed to affect the status of any employee of the Department as an employee of an agency of the United States for purposes of any other provision of law before the effective date of the transfer of any such employee under section 287. The FHA may use the property of the Department of Housing and Urban Development to perform functions which have been transferred to the FHA for such time as is reasonable to facilitate the orderly transfer of functions transferred under any other provision of this title or any amendment made by this title to any other provision of law. Any agency, department, or other instrumentality of the United States, and any successor to any such agency, department, or instrumentality, which was providing supporting services to the Department of Housing and Urban Development before the expiration of the transition period under subsection
(a)in connection with functions that are transferred under section 284 to the FHA shall— continue to provide such services, on a reimbursable basis, until the transfer of such functions is complete; and consult with the FHA to coordinate and facilitate a prompt and reasonable transition. The FHA may use the services of employees and other personnel of the Department of Housing and Urban Development relating to the functions transferred under section 284, on a reimbursable basis, to perform functions which have been transferred to the FHA for such time as is reasonable to facilitate the orderly transfer of functions pursuant to any other provision of this title or any amendment made by this title to any other provision of law. Subsection
(a)shall not affect the validity of any right, duty, or obligation of the United States, the Secretary of Housing and Urban Development, or any other person, which— arises under— the National Housing Act; or any other provision of law applicable with respect to the functions of the Department of Housing and Urban Development transferred under section 284; and existed on the day before the date of abolishment under subsection (a). No action or other proceeding commenced by or against the Secretary of Housing and Urban Development in connection with functions transferred to the FHA under section 284 shall abate by reason of the enactment of this title, except that the FHA shall be substituted for the Secretary as a party to any such action or proceeding.
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