Public Law 106-281

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[106th Congress Public Law 281]
[From the U.S. Government Publishing Office]


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[DOCID: f:publ281.106]


[[Page 114 STAT. 865]]

Public Law 106-281
106th Congress

                                 An Act


 
      To amend the National Housing Act to temporarily extend the 
 applicability of the downpayment simplification provisions for the FHA 
   single family housing mortgage insurance program. <<NOTE: Oct. 6, 
                         2000 -  [H.R. 5193]>> 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress <<NOTE: FHA Downpayment 
Simplification Extension Act of 2000.>> assembled,

SECTION 1. <<NOTE: 12 USC 1701 note.>> SHORT TITLE.

    This Act may be cited as the ``FHA Downpayment Simplification 
Extension Act of 2000''.

SEC. 2. EXTENSION OF APPLICABILITY OF DOWNPAYMENT SIMPLIFICATION 
            PROVISIONS.

    Subparagraph (A) of section 203(b)(10) of the National Housing Act 
(12 U.S.C. 1709(b)(10)(A)) is amended by striking ``executed for 
insurance in fiscal years 1998, 1999, and 2000'' and inserting ``closed 
on or before October 30, 2000''.

    Approved October 6, 2000.

LEGISLATIVE HISTORY--H.R. 5193:
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CONGRESSIONAL RECORD, Vol. 146 (2000):
            Sept. 19, considered and passed House.
            Sept. 28, considered and passed Senate.

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