[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 406 Introduced in House (IH)]






108th CONGRESS
  1st Session
                                H. R. 406

To authorize the Secretary of Agriculture to use unobligated funds from 
a housing demonstration program in the State of North Carolina to make 
   grants under section 504 of the Housing Act of 1949 in such State.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 28, 2003

 Mr. Ballance (for himself, Mr. Jones of North Carolina, Mr. McIntyre, 
and Mr. Etheridge) introduced the following bill; which was referred to 
                  the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To authorize the Secretary of Agriculture to use unobligated funds from 
a housing demonstration program in the State of North Carolina to make 
   grants under section 504 of the Housing Act of 1949 in such State.

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

SECTION 1. AVAILABILITY OF FUNDS FOR GRANTS UNDER SECTION 504 OF THE 
              HOUSING ACT OF 1949.

    During fiscal year 2003 and subsequent fiscal years, the Secretary 
of Agriculture may use any funds remaining available for the 
demonstration program authorized in the first paragraph under the 
heading ``RURAL HOUSING INSURANCE FUND PROGRAM ACCOUNT'' in the 
Agriculture, Rural Development, Food and Drug Administration, and 
Related Agencies Appropriations Act, 2001 (as enacted into law by 
Public Law 106-387; 114 Stat. 1549A-19), to make grants under section 
504 of the Housing Act of 1949 (42 U.S.C. 1474) and to cover the costs 
(as defined in section 502 of the Congressional Budget Act of 1974) of 
loans under such section in North Carolina.
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