[Congressional Record Volume 154, Number 89 (Monday, June 2, 2008)]
[Senate]
[Pages S4857-S4858]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   NATIVE AMERICAN HOUSING ASSISTANCE


                    Amendment No. 4820, as modified

  Mr. REID. Mr. President, I ask unanimous consent that amendment No. 
4820 be modified with the changes at the desk, notwithstanding passage 
of S. 2062.
  The ACTING PRESIDENT pro tempore. Is there objection?
  Without objection, it is so ordered.
  The amendment (No. 4820), as modified, is as follows:

       On page 15, line 8, insert ``the demonstration program 
     under'' after ``guarantees under''.
       On page 19, strike lines 1 through 13 and insert the 
     following:
       ``(c) Applicability.--The provisions of paragraph (2) of 
     subsection (a) regarding binding commitments for the 
     remaining useful life of property shall not apply to a family 
     or household member who subsequently takes ownership of a 
     homeownership unit.''.
       On page 22, line 9, insert ``in accordance with section 
     202'' after ``infrastructure''.
       On page 29, strike line 18 and insert the following:
       ``(iv) any other legal impediment.
       ``(E) Subparagraphs (A) through (D) shall not apply to any 
     claim arising from a formula current assisted stock 
     calculation or count involving an Indian housing block grant 
     allocation for any fiscal year through fiscal year 2008, if a 
     civil action relating to the claim is filed by not later than 
     45 days after the date of enactment of this subparagraph.''.
       On page 32, strike line 18 and insert the following:
       ``(a) Authority.--
       (1) In general.--Subject to paragraph (2), to the extent 
     and in such
       On page 33, between lines 5 and 6, insert the following:
       ``(2) Limitation.--The Secretary may guarantee, or make 
     commitments to guarantee, under paragraph (1) the notes or 
     obligations of not more than 4 Indian tribes or tribally 
     designated housing entities located in each Department of 
     Housing and Urban Development Office of Native American 
     Programs region.
       On page 36, line 12, strike ``shall'' and insert ``may''.

[[Page S4858]]

       On page 37, lines 5 and 6, strike ``such sums as are 
     necessary'' and insert ``$1,000,000''.
       Beginning on page 39, strike line 1 and all that follows 
     through page 41, line 14.
       Beginning on page 42, strike line 8 and all that follows 
     through page 43, line 21.

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