[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1222 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 1222

To require the Secretary of Housing and Urban Development to conduct a 
study of developing residential mortgage programs that provide low-cost 
        health insurance in connection with low-cost mortgages.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 27, 2001

   Mr. Baca introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To require the Secretary of Housing and Urban Development to conduct a 
study of developing residential mortgage programs that provide low-cost 
        health insurance in connection with low-cost mortgages.

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

SECTION 1. STUDY OF MORTGAGES THAT PROVIDE LOW-COST HEALTH INSURANCE.

    (a) In General.--The Secretary of Housing and Urban Development 
shall conduct a study to determine feasibility, practicality, 
effectiveness, and costs of developing new programs, or making changes 
to existing programs administered by the Secretary (including the 
mortgage insurance programs under the National Housing Act), to provide 
low-cost health insurance in connection with low-cost residential 
mortgages.
    (b) Report.--Not later than 1 year after the date of the enactment 
of this Act, the Secretary shall complete the study and submit to the 
Congress a report describing the results of the study. The report shall 
include recommendations for any new programs or changes to existing 
programs that the Secretary considers effective and efficient to make 
low-cost health insurance available in connection with low-cost-
residential mortgages.
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