[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2653 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 2653

   To amend section 6(d) of the United States Housing Act of 1937 to 
increase the amount of payments made by public housing agencies in lieu 
of paying State, city, county, and local taxes, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 15, 1993

 Mr. Santorum introduced the following bill; which was referred to the 
            Committee on Banking, Finance and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
   To amend section 6(d) of the United States Housing Act of 1937 to 
increase the amount of payments made by public housing agencies in lieu 
of paying State, city, county, and local taxes, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Community and Education Investment 
Act of 1993''.

SEC. 2. MINIMUM PAYMENT AMOUNT.

    Section 6(d) of the United States Housing Act of 1937 (42 U.S.C. 
1437d(d)) is amended--
            (1) by striking ``(d) Every'' and inserting the following:
    ``(d) Payments in Lieu of Taxes.--
            ``(1) Exemption from state and local taxes and payment 
        requirement.--Every'';
            (2) in the first sentence, by striking ``10 per centum'' 
        and all that follows through the period and inserting the 
        following: ``the amount determined under paragraph (2).''; and
            (3) by adding at the end the following new paragraph:
            ``(2) Amount.--For any project, the amount referred to in 
        paragraph (1) shall be the greater of--
                    ``(A)(i) 10 percent of the sum of the shelter rents 
                charged in such project, or (ii) such lesser amount 
                that (I) is prescribed by State law, (II) is agreed to 
                by the local governing body in its agreement for local 
                cooperation with the public housing agency required 
                under section 5(e)(2), or (III) is due to failure of a 
                local public body or bodies other than the public 
                housing agency to perform any obligation under such 
                agreement;
                    ``(B) the difference of--
                            ``(i) the sum of (I) $250 multiplied by the 
                        number of units in the project designated for 
                        occupancy by elderly families pursuant to 
                        section 7, and (II) $400 multiplied by the 
                        number of units in the project that are not 
                        units designated for occupancy by elderly 
                        families pursuant to section 7; less
                            ``(ii) any amount that the local governing 
                        body, in its agreement for local cooperation 
                        with the public housing agency required under 
                        section 5(e)(2), agrees to subtract from the 
                        sum under clause (i).''.

SEC. 3. EFFECTIVE DATE AND APPLICABILITY.

    The amendments under section 2 shall be made and shall take effect 
on October 1, 1993, and shall apply with respect to fiscal year 1994 
and fiscal years thereafter.

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