Code · BILL · 113th Congress · S. 563 (Introduced in Senate) — To provide certainty that Congress and the Administration will undertake substantive and structural housing finance r... · Sec. 3

Sec. 3. Prohibition on use of guarantee fees to offset other government spending

61 words·~1 min read·/bill/113/s/563/is/section-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

An increase in the guarantee fee required to be charged by an enterprise may not be used to offset an increase in outlays or a reduction in revenues for any purpose other than those related to the enterprises' business functions under— the congressional budget; the Balanced Budget and Emergency Deficit Control Act of 1985; or the Statutory Pay-As-You-Go Act of 2010.