Sec. 3. Revenues
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/bill/118/s/3673/is/section-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary of the Treasury shall allocate or otherwise transfer such revenues resulting from the tax imposed by section 4499 of the Internal Revenue Code of 1986 as follows: 65 percent of such amounts to the Secretary of Housing and Urban Development to provide additional funding for the Housing Trust Fund established under section 1338(a) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 ( 12 U.S.C. 4568(a) ). 35 percent of such amounts to provide additional funding for the Capital Magnet Fund established under section 1339(a) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 ( 12 U.S.C. 4569(a) ).
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