§ 3541. Paperwork reduction
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/usc/title-42/section-3541A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Declaration of policy The Congress finds and declares—
(1)that various departments, agencies, and instrumentalities of the Federal Government with responsibilities involving housing and housing finance programs, require, approve, use or otherwise employ a variety of different forms as residential mortgages (or deeds of trust or similar security instruments) as notes secured by those mortgages, and for applications, appraisals and other purposes, and that such duplication of forms constitutes a paperwork burden that adds to the costs imposed on the Nation’s homeowners and home buyers;
(2)that unnecessary paperwork impairs the effectiveness of Federal housing and housing finance programs;
(3)that both single-family and multi-family programs are affected; and
(4)that simplification of paperwork imposed by Federal housing and housing finance programs would contribute to achieving the Nation’s housing goals by reducing housing costs.
(b)Uniform legal and other forms for use by agencies in housing programs
(1)Not later than October 1, 1980, the Secretary of Housing and Urban Development, the Secretary of Agriculture, and the Secretary of Veterans Affairs shall, consistent with provisions of law governing the conduct of housing programs, employ in their respective programs—
(A)uniform single-family and multi-family note and mortgage forms;
(B)a uniform application form for mortgage approval and commitment for mortgage insurance;
(C)a uniform form for computation of the monthly net effective income of applicants;
(D)a uniform property appraisal form;
(E)a uniform settlement statement which shall satisfy the requirements of the Real Estate Settlement Procedures Act of 1974 [12 U.S.C. 2601 et seq.]; and
(F)such other consolidated or simplified forms, particularly those which solicit identical or nearly identical information from the same persons in the conduct of two or more such programs, the consolidation or simplification of which the Secretaries of Housing and Urban Development and Agriculture and the Secretary of Veterans Affairs mutually agree would contribute to a reduction in the paperwork and regulatory burden of such programs.
(2)The Secretary of Housing and Urban Development, the Secretary of Agriculture, and the Secretary of Veterans Affairs shall, consistent with provisions of law governing their respective programs, provide by regulation for the elimination of forms which solicit information which is already available from other available sources through indexing or other means of identifying such forms.
(3)Each agency referred to in subsection
(b)may employ riders, addenda, or similar forms of modification agreements to adapt such uniform forms to its respective programs and policies, consistent with the goals of minimizing the use and extent of such modification agreements and maximizing the suitability of such forms for the use of all participants, public and private.
(c)Coordination and reports by Director of Office of Management and Budget The Director of the Office of Management and Budget shall coordinate and monitor the development and implementation by Federal departments and agencies of the efforts required by subsection
(b)and shall report to the Congress on such development and implementation and with respect to any provisions of law which unnecessarily prevent such departments and agencies from carrying out the provisions of this section as part of each report required under Public Law 93–556. Such report shall include an estimate of the reduction of the level of paperwork burden hours of the affected agencies as allocated by the Office of Management and Budget.
(Pub. L. 95–557, title IX, § 905, Oct. 31, 1978, 92 Stat. 2126; Pub. L. 96–153, title III, § 328, Dec. 21, 1979, 93 Stat. 1121; Pub. L. 98–479, title II, § 204(n)(4), Oct. 17, 1984, 98 Stat. 2234; Pub. L. 102–54, § 13(q)(10), June 13, 1991, 105 Stat. 281.)
Connections5 cite this · traces to 2
Cited by 5 sections
statutes-at-large
- Public Law 98–479To make technical and conforming amendments in certain laws relating to housing and community development
- Public Law 96–153To amend and extend certain Federal laws relating to housing, community and neighborhood development and preservation, and related programs, and for other purposes
- Public Law 102–54To amend title 38, United States Code, with respect to veterans programs for housing and memorial affairs, and for other purposes
- Public Law 95–557Oct. 31, 1978[[S. 3084](/us/bill/95/s/3084)]To amend and extend certain Federal laws relating to housing, community, and neighborhood development and preservation, and related programs, and for other purposes. *Be it enacted by the Senate and House of Representatives of the United States of America
statute-compilations
Traces to 2 documents
16 references not yet in our index
- Public Law 93–556
- Pub. L. 95–557, title IX, § 905
- 92 Stat. 2126
- Pub. L. 96–153, title III, § 328
- 93 Stat. 1121
- Pub. L. 98–479, title II, § 204(n)(4)
- 98 Stat. 2234
- Pub. L. 102–54, § 13(q)(10)
- 105 Stat. 281
- Pub. L. 93–533
- 88 Stat. 1724
- Pub. L. 93–556
- 88 Stat. 1789
- Pub. L. 102–54
- Pub. L. 98–479
- Pub. L. 96–153
Citation graph
cites case law
§ 3541
Paperwork reduction
Stat.×4
Stat. Comp.×1
Pub. L.Public Law 93–556
Pub. L.Pub. L. 95–557, title IX, § 905
Stat.92 Stat. 2126
Pub. L.Pub. L. 96–153, title III, § 328
Stat.93 Stat. 1121
Cites 18 · showing 7Cited by 5 across 2 sources