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Code · BILL · 113th Congress · H.R. 3550 (Introduced in House) — To stabilize the housing and banking sectors by eliminating policies that distort markets and facilitate risky lendin... · Sec. 102

Sec. 102. Repeal of Housing Trust Fund

150 words·~1 min read·/bill/113/hr/3550/ih/section-102

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The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 is amended by striking sections 1337 and 1338 ( 12 U.S.C. 4567 , 4568). The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 is amended— in section 1324(b)(1)(A) ( 12 U.S.C. 4544(b)(1)(A) ), as amended by the preceding provisions of this Act— by striking clause (iii); by striking the dash after which and inserting the text of clause
(v)and a period; and by striking clause (v); in section 1339(b)— by striking paragraph (1); by striking the dash after consist of and inserting the text of paragraph
(2)and a period; and by striking paragraph (2); and in section 1345 ( 12 U.S.C. 4585 ), by striking subsection (f). Section 257(w) of the National Housing Act ( 12 U.S.C. 1715z–23(w) ) is amended— by striking paragraphs
(2)and (3); and by redesignating paragraph
(4)as paragraph (2).
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  • 12 USC 1715z–23(w)
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Sec. 102
Repeal of Housing Trust Fund
Cite12 USC 1715z–23(w)
Cites 4Cited by 0 across 0 sources
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