[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 33 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                 H. R. 33

 To amend the Housing and Community Development Act of 1992 to extend 
             the loan guarantee program for Indian housing.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 7, 1997

 Mr. Bereuter introduced the following bill; which was referred to the 
              Committee on Banking and Financial Services

_______________________________________________________________________

                                 A BILL


 
 To amend the Housing and Community Development Act of 1992 to extend 
             the loan guarantee program for Indian housing.

    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 ``Indian Housing Loan Guarantee 
Extension Act of 1997.''

SEC. 2. LOAN GUARANTEES FOR INDIAN HOUSING.

    Section 184(i) of the Housing and Community Development Act of 1992 
(12 U.S.C. 1715z-13a(i)) is amended--
            (1) in paragraph (5), by striking subparagraph (C) and 
        inserting the following new subparagraph:
                    ``(C) Limitation on outstanding aggregate principal 
                amount.--Subject to the limitations in subparagraphs 
                (A) and (B), the Secretary may enter into commitments 
                to guarantee loans under this section in each fiscal 
                year with an aggregate outstanding principal amount not 
                exceeding such amount as may be provided in 
                appropriation Acts for such fiscal year.''; and
            (2) in paragraph (7), by striking ``each of fiscal years 
        1997, 1998, 1999, 2000, and 2001'' and inserting ``each fiscal 
        year''.
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