[Congressional Record Volume 150, Number 103 (Thursday, July 22, 2004)]
[Senate]
[Page S8627]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




PRESERVING THE ABILITY OF THE FEDERAL HOUSING ADMINISTRATION TO INSURE 
                               MORTGAGES

  Mr. McCONNELL. Mr. President, I ask unanimous consent that the 
Banking Committee be discharged from further consideration of S. 2712 
and the Senate then proceed to its consideration.
  The PRESIDING OFFICER. Without objection, it is so ordered. The clerk 
will report the bill by title.
  The legislative clerk read as follows:

       A bill (S. 2712) to preserve the ability of the Federal 
     Housing Administration to insure mortgages under sections 238 
     and 519 of the National Housing Act.

  There being no objection, the Senate proceeded to consider the bill.
  Mr. McCONNELL. Mr. President, I ask unanimous consent that the bill 
be read a third time, passed, the motion to reconsider be laid upon the 
table, and that any statements relating to the bill be printed in the 
Record, without intervening action or debate.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The bill (S. 2712) was read the third time and passed, as follows:

                                S. 2712

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

     SECTION 1. AMENDMENT TO GENERAL AND SPECIAL RISK PROGRAM 
                   ACCOUNT.

       Under the heading ``Federal Housing Administration--General 
     and Special Risk Program Account'' in title II of Division G 
     of the Consolidated Appropriations Act, 2004 (Public Law 108-
     199), in the first proviso, strike ``$25,000,000,000'' and 
     insert ``$29,000,000,000''.
  Mr. McCONNELL. Mr. President, I suggest the absence of a quorum.
  The PRESIDING OFFICER. The clerk will call the roll.
  The legislative clerk proceeded to call the roll.
  Mr. FRIST. Mr. President, I ask unanimous consent the order for the 
quorum call be rescinded.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  Mr. FRIST. Mr. President, we have actually a lot of business that we 
are doing and wrapping up for the night. In fact, we are going on 
recess for the conventions for the next several weeks. Most of the 
business has been completed, but there will be a lot of very important 
business that we will be conducting over the next several hours, but we 
will get it done tonight.
  This particular piece of business has to do with patient safety. For 
me, it means a lot because I can see up close both the importance of 
this legislation, and have watched it legislatively as it has traveled 
through its various iterations. So to be able to propound this 
unanimous consent request is something that we can briefly comment on 
shortly.

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