3.0.0 2836 2023-01-11T13:16:51Z 2023-01-11T13:16:51Z Senate S S 2009-12-04 111 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2009-12-04T15:35:28Z Asset Management Improvement Act of 2009 111 1048 HR 2009-02-12 Referred to the House Committee on Financial Services. Related bill CRS 2009-12-04 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2009-12-04 Sponsor introductory remarks on measure. (CR S12414-12415) IntroReferral B00100 9 Library of Congress 2009-12-04 Introduced in Senate IntroReferral 10000 9 Library of Congress K000305 Sen. Kohl, Herb [D-WI] HERBERT KOHL D WI H. N S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. 2009-12-04 True Housing and Community Development Administrative law and regulatory procedures Department of Housing and Urban Development Housing and community development funding Public housing User charges and fees Housing and Community Development 00 2009-12-04 Introduced in Senate 2010-03-09T20:16:17Z Asset Management Improvement Act of 2009 - Prohibits the Secretary of Housing and Urban Development (HUD) from imposing restrictions or limitations on the amount of management and related fees for a public housing project which the public housing agency (PHA) determines reasonable, unless such restriction or limitation: (1) is determined pursuant to a negotiated rulemaking convened by the Secretary no earlier than April 1, 2010, with representatives from interested parties; and (2) is effective only on or after January 1, 2012.

Allows any PHA that owns or operates fewer than 500 public housing units under the United States Housing Act of 1937 to elect to be exempt from asset management requirements imposed by the Secretary.

Prohibits the Secretary from imposing any requirement relating to asset management restricting the use by PHAs of amounts for Capital Fund assistance for costs of any PHA central office.

Requires the Secretary to ensure that PHAs encourage the reasonable efforts of residents to organize.

]]> Asset Management Improvement Act of 2009 Display Title Asset Management Improvement Act of 2009 Official Title as Introduced A bill to improve the Operating Fund for public housing of the Department of Housing and Urban Development, and for other purposes. Introduced in Senate IS Short Titles as Introduced Asset Management Improvement Act of 2009 Introduced in Senate 2009-12-04T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s2836is/xml/BILLS-111s2836is.xml 2009-12-04 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.