FHA Shutdown Prevention Act - Amends the National Housing Act to permit the use of negative credit subsidy from the General Insurance Fund or the Special Risk Insurance Fund for specific housing insurance mortgage or loan commitments. Considers such negative credit subsidies as new budget authority provided in advance of an appropriations Act for the fiscal year concerned.
Actions
Apr 24, 2001
Referred to the Subcommittee on Housing and Community Opportunity.
Apr 5, 2001
Sponsor introductory remarks on measure. (CR E574)
Apr 4, 2001
Referred to the House Committee on Financial Services.