legislation: 97-hr-6812

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
97-hr-6812 97 hr 6812 Salaries and Expenses Limitation Act Government Operations and Politics 1982-07-21 1982-08-09 Received in the Senate and read twice and referred to the Committee on Banking. House Rep. St Germain, Fernand J. [D-RI-1] RI D S000762 0 (Measure passed House, amended) Amends the National Housing Act to permit the maximum mortgage amounts to be increased by the amount of the mortgage insurance premium paid at the time the mortgage is insured. Excludes the increase in the purchaser's initial outlay from the calculation of FHA mortgage limits. Provides for a prorated rebate on the premium to be paid to the original purchaser if the mortgage is paid off prior to its due date. Declares that such provisions shall be implemented only if the Secretary of Housing and Urban Development determines that the program of advance payment of insurance premiums is actuarially sound. Authorizes appropriations for FY 1982 to the Bureau of the Mint for the salaries and expenses of the mints and assay offices. 2025-01-14T18:20:21Z  

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