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Bill· HRH.R. 1997 (93rd)referred
United States · United States Congress · 15 January 1973
Allows a tax deduction under the Internal Revenue Code of not more than $750 for ordinary and necessary expenses paid during the taxable year for the repair or improvement of property used by the taxpayer as his principal residence. Permits any person who is the owner of rental housing and who rehabilitates or restores such housing to deduct the cost of such restoration, with respect to the amortization of the adjusted basis of such housing as so restored, based on a period of 60 months. Entitles any person who acquires rehabilitated or restored rental housing from a taxpayer who elected the amortization deduction and who did not discontinue the amortization deduction, to a deduction with respect to the adjusted basis of such facility based on the remaining amount of the 60 month period taken by the person who rehabilitated the house. Provides procedures for the election and termination of the amortization deduction and defines the terms used in this Act.
Bill· SS. 361 (93rd)referred
United States · United States Congress · 12 January 1973
Emergency Rural Housing Act - Finds that there are millions of substandard dwelling units in rural areas, that existing agencies operating under existing authorities could not meet the needs of millions of the rural poor, and that there is a need for emergency action in rural housing programs. Establishes an Emergency Rural Housing Administration, the management of which shall be vested in an Administrator appointed by the President with the consent of the Senate. Makes it the duty of the Administrator to provide minimal housing facilities for eligible persons in rural areas and small communities and to do so, to the extent possible, within a five-year period. Forbids the duties and powers of the Administration to be transferred to any other department, agency, or instrumentality of the United States. Authorizes the Administrator to make loans to eligible persons to finance the acquisition of land and the construction thereon of minimal housing facilities, or to finance the acquisition and rehabilitation of existing facilities in accordance with minimum housing facilities standards. Provides that at least 50 percent of the principal amount of any loan made shall be amortized over a period of not more than forty years, shall bear interest at a rate of not less than one percent per year, and shall be secured by a first mortgage. Authorizes the Administrator to acquire land and engage in the development of housing projects to be sold under the provisions of this Act. Authorizes the Administrator to finance all or part of the acquisition, and maintenance of: (1) minimal housing facilities in rural areas and small communities to be rented by eligible persons; (2) water and sewer facilities for such housing; and (3) related community facilities for such housing. Provides that the Administrator may enter into area responsibility agreements with any local agency. Forbids the Administrator to require, as a condition of assistance under this Act, the relocation of any eligible person in order to engage in or to facilitate the economic development of any area. Requires the Administration to submit an annual report to the Congress and the President on the operation of this Act. Authorizes the Administrator to issue to the Secretary of the Treasury notes or other obligations in such sums as may be necessary to carry out the purposes of this Act. Authorizes to be appropriated $500,000,000 per year, reduced by an amounts paid into the Treasury each such year on the loans made by the Administrator.
Bill· SS. 291 (93rd)referred
United States · United States Congress · 11 January 1973
Limits information sought in connection with the decennial census of population, unemployment, and housing to that which can be obtained of the individual by the following questions: (1) name and address; (2) relationship to head of household; (3) sex; (4) date and place of birth; (5) race; (6) marital status; (7) educational attainment; (8) number of rooms in house or other living quarters; (9) number of family units in house or other living quarters; and (10) employment status and type of employment. Provides that additional information may be obtained and additional questions may be asked if the Secretary of Commerce submits to the respective Committees on Post Office and Civil Service of the Senate and House of Representatives a list of such additional questions together with the forms of questionnaires containing the questions, and such forms and questions are then approved by the resolutions of both committees.
Bill· HRH.R. 1802 (93rd)referred
United States · United States Congress · 11 January 1973
Allows a tax deduction, under the Internal Revenue Code of 1954, for expenses incurred by a taxpayer in making repairs and improvements to his residence. Limits such tax deduction to $1,000. (Amends 26 U.S.C. 218)
Bill· HRH.R. 1798 (93rd)referred
United States · United States Congress · 11 January 1973
National Urban Bond Act - Creates a body corporate known as the National Urban Corporation which shall be in the Department of Housing and Urban Development. Directs the Corporation to issue and sell to the public on the open market, obligations to be known as national urban bonds in order to obtain funds to carry out the purposes of this Act. Makes it the function of the Corporation to undertake and carry out, by providing assistance by means of loans, the construction or rehabilitation without delay of the housing and related facilities needed to accommodate low- and moderate-income individuals and families in ares of need of the United States. Authorizes the Corporation to impose upon any organization receiving such assistance a special charge in an amount not exceeding one-half of 1 percent per annum on the amount of the principal obligation of the loan or other assistance outstanding and repayable at any time, without taking into account deliquent payments or prepayments. Establishes a revolving Urban Bond Fund which shall be available: (1) for making loans and providing other assistance under such programs; and (2) for the payment of principal and interest on outstanding national urban bonds. Sets forth the general powers of the Corporation. Specifies that appropriations shall be authorized to carry out the provisions of this Act. Requires the Corporation to report on its activities to the President and Congress.
Bill· HRH.R. 1727 (93rd)referred
United States · United States Congress · 11 January 1973
Provides, under the Uniform Relocation Assistance and Real Property Acquisition Policies Act, that farmers displaced by a Federal program shall receive payments for actual direct losses when it is impracticable to determine relocation expenses. (Amends 42 U.S.C. 4622) Extends to 1976 the obligation of the Federal Government to pay 100 percent of the first $25,000 of assistance and assurances incurred by State agencies in acquiring real property incident to a Federal program. (Amends 42 U.S.C. 4627) Provides that during the period from July 1, 1972, through June 30, 1974, the head of a Federal agency is authorized to pay to a State which is not in compliance with the Act such sums in excess of the first $25,000 of cost as may be necessary to make all payments and provide all assistance required by the Act. Provides that whenever a program or project to be undertaken by a person, other than an individual, furnished Federal financial assistance for such program or project under specified programs, the head of a Federal agency furnishing such financial assistance, shall insure that the following payments and services, in accordance with the Act, be provided: (1) fair and reasonable relocation payments and assistance to such displaced persons; (2) relocation assistance programs; and (3) prior to the approval of the grant, contract, or agreement by the head of the Federal agency, that decent, safe, and sanitary replacement dwellings will be available to such displaced persons within a reasonable period of time prior to displacement. Provides that no department, agency, or instrumentality of the Federal Government administering any program providing Federal financial assistance shall, for the purposes of assuring compliance with the Act, impose any limitation on the removal of vacant improvements located on real property acquired in connection with such a federally assisted project.
Bill· SS. 261 (93rd)reported
United States · United States Congress · 9 January 1973
Extends until July 1, 1976 (presently July 1, 1972) the provision under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 requiring a Federal agency to pay 100 percent of the first $25,000 of relocation payments required for a State to furnish real property incident to a Federal program. Extends until July 1, 1974, the provision requiring 100 percent Federal payment of costs resulting from the transfer of real property to a State. (Amends 42 U.S.C. 4627) Authorizes the head of a Federal agency, until June 30, 1973, to pay such sums in excess of the first $25,000 of cost as necessary to a State not in compliance with the Act. Makes provisions for non-approval of grants to the State and for deductions from Federal funds after that date. Provides that whenever the acquisition of real property for a program or project, to be undertaken by a person or State agency furnished Federal financial assistance by a Federal agency pursuant to a grant, contract, or agreement, will result in the forced displacement of any person on or after the effective date of this Act, the head of the Federal agency furnishing such financial assistance shall provide: (1) fair and reasonable relocation payments and assistance to or for such displaced persons; (2) relocation assistance programs; and (3) decent, safe, and sanitary replacement dwellings to such displaced persons. Provides that no Government agency administering any Federal program shall, for the purpose of assuring compliance with the Act, impose any limitation on the removal of vacant improvements located on real property acquired in connection with such a Federally assisted project.
Bill· HRH.R. 1629 (93rd)referred
United States · United States Congress · 9 January 1973
Provides that in the conduct of any decennial census of population, unemployment, and housing, information required to be furnished under penalty of law shall include only matter within the following categories: (1) name and address; (2) relationship to head of household; (3) sex; (4) date of birth; (5) race or color; (6) marital status; and (7) visitors in home at the time of census. (Adds 13 U.S.C. 141A)
Bill· HRH.R. 1648 (93rd)referred
United States · United States Congress · 9 January 1973
States that it is the purpose of this Act to: (1) help control urban sprawl; (2) prevent the spread of urban plight and deterioration; (3) encourage more economic, environmentally sound urban development; (4) assist in preserving areas and properties of historic or architectural value; and (5) help provide necessary recreational, conservation, and scenic areas. Establishes the Urban Parkland Heritage Corporation as an independent establishment in the executive branch to carry out the provisions of this Act. Provides that the Corporation shall be subject to the direction and supervision of a Board of Directors. Specifies the membership of the Board. States that all grants and loans made by the Corporation shall be approved by the Board which shall meet no less than four times annually. Authorizes the Corporation to make loans and grants to States and local public bodies to help finance the acquisition and development of open-space land in urban areas. States that the amount of any such grant shall not exceed 75 percent of the eligible project cost, as approved by the Corporation. Raises the amount of such grant to 90 percent if the State or local public body could not otherwise reasonably meet its need for open-space lands. Provides that the amount of any loan granted under this Act may not exceed 50 percent of the eligible project cost. Authorizes the Corporation to make grants for the operation and maintenance of open-space or other land in urban areas for open-space uses for the first four fiscal years of the operation of such lands. Provides that the initial grant shall not exceed 75 percent of the eligible cost and shall decrease to 30 percent of such costs over the four year period. Provides that the Corporation shall consult with appropriate agencies and officers of the Federal Government to establish and operate a program to provide technical assistance, upon request, to States and local public bodies. States that no grant or loan shall be made to any State or local public body in any fiscal year unless the State or local public body makes assurances to the Corporation that the amount available for expenditure from non-Federal sources for the acquisition and development of open-space land in that fiscal year will not be less than the amount expended for such purposes from non-Federal sources during the preceding fiscal year. Authorizes the Corporation to incur obligations on behalf of the United States in amounts aggregating $5,000,000,000 to finance grants and loans under this Act. Authorizes to be appropriated for the liquidation of the obligations incurred under this Act not to exceed $1,000,000,000 prior to July 1, 1974, not to exceed an aggregate of $2,000,000,000 prior to July 1, 1975, not to exceed an aggregate of $3,000,000,000 prior to July 1, 1976, not to exceed an aggregate of $4,000,000,000 prior to July 1, 1977, and not to exceed an aggregate of $5,000,000,000 prior to July 1, 1978.
Bill· HRH.R. 1553 (93rd)referred
United States · United States Congress · 9 January 1973
Authorizes the Secretary of Health, Education, and Welfare to pay, and to contract to pay, from the Old-Age and Survivors' Insurance Trust Fund, monthly housing allowances to qualified tenants under title XX (Housing Allowance for Elderly Low- Income Persons) of the Social Security Act (established by this Act). Provides that the term "qualified tenant" means any individual or family who has been determined: (1) to be sixty-two years of age or older; and (2) to have a total income of less than $5,000 in the case of single individuals and less than $7,500 in the case of married couples.
Bill· HRH.R. 1588 (93rd)referred
United States · United States Congress · 9 January 1973
Allows a tax deduction under the Internal Revenue Code of not more than $750 for ordinary and necessary expenses paid during the taxable year for the repair or improvement of property used by the taxpayer as his principal residence. Permits any person who is the owner of rental housing and who rehabilitates or restores such housing to deduct the cost of such restoration, with respect to the amortization of the adjusted basis of such housing as so restored, based on a period of 60 months. Entitles any person who acquires rehabilitated or restored rental housing from a taxpayer who elected the amortization deduction and who did not discontinue the amortization deduction, to a deduction with respect to the adjusted basis of such facility based on the remaining amount of the 60 month period taken by the person who rehabilitated the house. Provides procedures for the election and termination of the amortization deduction and defines the terms used in this Act.
Bill· HRH.R. 1498 (93rd)referred
United States · United States Congress · 9 January 1973
Provides that the exclusion from gross income of gain on the sale of a principal residence held for more than 5 years pursuant to the Internal Revenue Code will be available without regard to the age of the taxpayer. (Amends 26 U.S.C. 121(a))
Bill· HRH.R. 1513 (93rd)referred
United States · United States Congress · 9 January 1973
Authorizes mortgage insurance under the National Housing Act for the construction or rehabilitation of medial practice facilities in amounts not exceeding $150,000 for each such facility. Defines medical practice facilities as an adequately equipped facility in which one or more (not to exceed four) persons licensed to practice medicine can provide preventive and treatment services, and which is situated in a rural area or small town, or in a low-income section of an urban area, in which there exists a critical shortage of physicians.
Bill· HRH.R. 1520 (93rd)referred
United States · United States Congress · 9 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· SS. 149 (93rd)referred
United States · United States Congress · 4 January 1973
Authorizes an increase, under the Home Owners Loan Act, of up to 50 percent of the dollar amount otherwise applicable in the principal amount of mortgages on properties in Alaska, Guam, and Hawaii. (Amends 12 U.S.C. 1364 (c))
Bill· SS. 12 (93rd)referred
United States · United States Congress · 4 January 1973
States that it is the purpose of this Act to: (1) help control urban sprawl; (2) prevent the spread of urban plight and deterioration; (3) encourage more economic, environmentally sound urban development; (4) assist in preserving areas and properties of historic or architectural value; and (5) help provide necessary recreational, conservation, and scenic areas. Establishes the Urban Parkland Heritage Corporation as an independent establishment in the executive branch to carry out the provisions of this Act. Provides that the Corporation shall be subject to the direction and supervision of a Board of Directors. Specifies the membership of the Board. States that all grants and loans made by the Corporation shall be approved by the Board which shall meet no less than four times annually. Authorizes the Corporation to make loans and grants to States and local public bodies to help finance the acquisition and development of open-space land in urban areas. States that the amount of any such grant shall not exceed 75 percent of the eligible project cost, as approved by the Corporation. Provides that the amount of any loan granted under this Act may not exceed 50 percent of the eligible project cost. Authorizes the Corporation to make grants for the operation and maintenance of open-space or other land in urban areas for open-space uses for the first four fiscal years of the operation of such lands. Provides that the initial grant shall not exceed 75 percent of the eligible cost and shall decrease to 30 percent of such costs over the four year period. Provides that the Corporation shall consult with appropriate agencies and officers of the Federal Government to establish and operate a program to provide technical assistance, upon request, to States and local public bodies. States that no grant or loan shall be made to any State or local public body in any fiscal year unless the State or local public body makes assurances to the Corporation that the amount available for expenditure from non-Federal sources for the acquisition and development of open-space land in that fiscal year will not be less than the amount expended for such purposes from non-Federal sources during the preceding fiscal year. Authorizes the Corporation to incur obligations on behalf of the United States in amounts aggregating $5,000,000,000 to finance grants and loans under this Act. Authorizes to be appropriated for the liquidation of the obligations incurred under this Act not to exceed $1,000,000,000 prior to July 1, 1974, not to exceed an aggregate of $2,000,000,000 prior to July 1, 1975, not to exceed an aggregate of $3,000,000,000 prior to July 1, 1976, not to exceed an aggregate of $4,000,000,000 prior to July 1, 1977, and not to exceed an aggregate of $5,000,000,000 prior to July 1, 1978.
Bill· HRH.R. 1290 (93rd)referred
United States · United States Congress · 3 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· HRH.R. 1242 (93rd)referred
United States · United States Congress · 3 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· HRH.R. 1241 (93rd)referred
United States · United States Congress · 3 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· HRH.R. 1240 (93rd)referred
United States · United States Congress · 3 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· HRH.R. 1159 (93rd)referred
United States · United States Congress · 3 January 1973
Allows a tax deduction under the Internal Revenue Code of not more than $750 for ordinary and necessary expenses paid during the taxable year for the repair or improvement of property used by the taxpayer as his principal residence. Permits any person who is the owner of rental housing and who rehabilitates or restores such housing to deduct the cost of such restoration, with respect to the amortization of the adjusted basis of such housing as so restored, based on a period of 60 months. Entitles any person who acquires rehabilitated or restored rental housing from a taxpayer who elected the amortization deduction and who did not discontinue the amortization deduction, to a deduction with respect to the adjusted basis of such facility based on the remaining amount of the 60 month period taken by the person who rehabilitated the house. Provides procedures for the election and termination of the amortization deduction and defines the terms used in this Act.
Bill· HRH.R. 786 (93rd)referred
United States · United States Congress · 3 January 1973
Allows a tax deduction, under the Internal Revenue Code of 1954, for expenses incurred by a taxpayer in making repairs and improvements to his residence. Limits such tax deduction to $1,000. (Amends 26 U.S.C. 218)
Bill· HRH.R. 816 (93rd)referred
United States · United States Congress · 3 January 1973
Allows a tax deduction, under the Internal Revenue Code of 1954, for expenses incurred by a taxpayer in making repairs and improvements to his residence. Limits such tax deduction to $1,000. (Amends 26 U.S.C. 218)
Bill· HRH.R. 757 (93rd)referred
United States · United States Congress · 3 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· HRH.R. 753 (93rd)referred
United States · United States Congress · 3 January 1973
Removes the present $45,000 ceiling on secured loans for single-family dwelling units authorized under the Home Owners' Loan Act of 1933. (Amends 12 U.S.C. 1464(c))
Bill· HRH.R. 703 (93rd)referred
United States · United States Congress · 3 January 1973
Redefines the term "tenant stockholder" for the purposes of the Internal Revenue Code to mean a person (presently an individual) who is a stockholder in a cooperative housing corporation, and whose stock is fully paid-up in an amount not less than an amount shown to the satisfaction of the Secretary or his delegate as bearing a reasonable relationship to the portion of the value of the corporation's equity in the houses or apartment building and the land on which situated which is attributable to the house or apartment which such individual is entitled to occupy. (Amends 26 U.S.C. 216(b))
Bill· HRH.R. 725 (93rd)referred
United States · United States Congress · 3 January 1973
Extends indefinitely the flood insurance program authorized under the Housing and Urban Development Act of 1968. Provides that in carrying out this flood insurance program the Secretary of Housing and Urban Development: (1) shall take such steps as are necessary to assure the automatic inclusion in each fire and property insurance policy sold in the United States of flood insurance coverage; (2) shall establish a surcharge of 3 percent of premium to be collected by every insurer with respect to each fire and property insurance policy sold in the United States, whether or not such insurance policy includes flood insurance coverage; and (3) shall establish in the Treasury a National Disaster Insurance Fund which shall consist of: (a) the collected surcharges on premium; (b) 1 percent of all sums repaid with respect to Small Business Administration and Federal Housing Administration disaster loans; and (c) such sums as the Congress shall appropriate. Requires the Secretary to make payments from the fund to each claimant under the flood insurance program for the full amount of loss suffered by such claimant in a flood during a presidentially declared national disaster. (Amend 42 U.S.C. 4056)
Bill· HRH.R. 693 (93rd)referred
United States · United States Congress · 3 January 1973
Authorizes the Administrator of the General Services Administration, whenever he determines that the airspace over any public building of the United States is not needed to carry out a governmental function, to transfer such airspace without consideration to any person for the construction within such airspace of low- and moderate-income housing covered by a mortgage insured under the National Housing Act which receives the benefits of the below-market interest rate provided for under such Act, or of low-rent housing assisted under the United States Housing Act of 1937.
Bill· HRH.R. 574 (93rd)referred
United States · United States Congress · 3 January 1973
Authorizes the Secretary of Housing and Urban Development to make grants to any local public body or agency to assist in financing specific projects to provide lighting facilities for streets, alleys, parks, or other public areas. States that the amount of any such grant shall not exceed 66-2/3 percent of the cost of carrying out the project for which the grant is made or 75 percent of such cost in the case of a project located in an area which at the time the grant is made is designated a redevelopment area under the Area Redevelopment Act or the Public Works and Economic Development Act of 1965. Authorizes $5,000,000 to be appropriated for grants under this Act. (Amends 42 U.S.C. 3105)
Bill· HRH.R. 592 (93rd)referred
United States · United States Congress · 3 January 1973
Provides for a mid-decade census of population, unemployment, and housing in the year 1975 and every ten years thereafter. Establishes April 1 as the census date. (Adds 13 U.S.C. 141(c))
Bill· HRH.R. 573 (93rd)referred
United States · United States Congress · 3 January 1973
Small Community Development Act - Title I: Multipurpose Community Facilities - Authorizes the Secretary of Housing and Urban Development to provide assistance to any small community or regional arrangement to aid it in the construction or rehabilitation of a multipurpose community facility. Provides that the Secretary shall guarantee the repayment in full of any sums borrowed by small communities from any source to finance the cost of the community facility and shall annually make a grant to each small community in the amount of the interest payable on these loans. Allows the Secretary to pay two-thirds of the cost of any health, recreational, or library facilities in the community building. Provides that, in the case where such a grant has been made, the Secretary shall guarantee the loans needed to pay the remainder and shall pay the interest thereon. Title II: Business District Renewal - Authorizes the Secretary to provide assistance to any local nonprofit development company in any small community to aid in the exterior rehabilitation, restoration, and beautification of small community business districts. Authorizes planning grants to cover two-thirds of the cost of planning the business district renewal. Provides grants covering two-thirds the cost of rehabilitating the facade and public areas of the business district. Directs the Secretary to enforce the Davis-Bacon Act provisions calling for equal wages for the same work in the same area.
Bill· HRH.R. 552 (93rd)referred
United States · United States Congress · 3 January 1973
Extends through July 1, 1974, the provision of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 which allows a Federal agency to pay 100 percent of the first $25,000 of payments required to furnish real property incident to Federal assistance. (Amends 42 U.S.C. 4627) Provides that during the period from July 1, 1972, through June 30, 1973, the head of a Federal agency is authorized to advance to a State which is not in compliance with this Act such sums in excess of the first $25,000 of cost as may be necessary to make all payments and provide all assistance required by this Act. Requires all sums advanced to a State to be repaid by such State as soon as practicable in accordance with regulations adopted by the head of such Federal agency. Provides that whenever the acquisition of real property for a program or project to be undertaken by a person or nonprofit organization, or State agency furnished Federal financial assistance by a Federal agency pursuant to a grant, contract, or agreement, will result in the forced displacement of any person on or after the effective date of this Act, the head of the Federal agency furnishing such financial assistance shall provide: (1) fair and reasonable relocation payments and assistance to or for such displaced persons; (2) relocation assistance programs; and (3) decent, safe, and sanitary replacement dwellings to such displaced persons.
Bill· HRH.R. 506 (93rd)referred
United States · United States Congress · 3 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· HRH.R. 502 (93rd)referred
United States · United States Congress · 3 January 1973
Allows a taxpayer a tax deduction under the Internal Revenue Code for any home improvement expenses paid during the taxable year. Places a $500 limitation on such tax deduction. Allows a two year carryforward when the amount of home improvement expense exceeds $500. Prohibits any such deduction from being treated as a capital expenditure.
Bill· HRH.R. 499 (93rd)referred
United States · United States Congress · 3 January 1973
Extends indefinitely the flood insurance program authorized under the Housing and Urban Development Act of 1968. Provides that in carrying out this flood insurance program the Secretary of Housing and Urban Development: (1) shall take such steps as are necessary to assure the automatic inclusion in each fire and property insurance policy sold in the United States of flood insurance coverage; (2) shall establish a surcharge of 3 percent of premium to be collected by every insurer with respect to each fire and property insurance policy sold in the United States, whether or not such insurance policy includes flood insurance coverage; and (3) shall establish in the Treasury a National Disaster Insurance Fund which shall consist of: (a) the collected surcharges on premium; (b) 1 percent of all sums repaid with respect to Small Business Administration and Federal Housing Administration disaster loans; and (c) such sums as the Congress shall appropriate. Requires the Secretary to make payments from the fund to each claimant under the flood insurance program for the full amount of loss suffered by such claimant in a flood during a presidentially declared national disaster. (Amend 42 U.S.C. 4056)
Bill· HRH.R. 490 (93rd)referred
United States · United States Congress · 3 January 1973
Requires a public notice, at least ten days in advance, to be posted in the local post office of a time and place where a public hearing is to be held concerning any application involving interest reduction payments or mortgage insurance with respect to cooperative housing projects for lower income families pursuant to the Housing and Urban Development Act of 1968. Provides that, before approval of any such application is made, the following findings must be made: (1) that such a project shall not unduly burden the local schools by causing an influx of additional students; (2) that the location of the project would not be likely to adversely affect local property values; (3) that local utilities where the project would be located would be adequate; (4) that the project would not significantly affect the nature and progress of local community developments; and (5) that such a project has been approved by the governing body of the locality where such a project is to be located.
Bill· HRH.R. 482 (93rd)referred
United States · United States Congress · 3 January 1973
Local Governmental Approval Act - Requires local governmental approval of low-income housing, apartment, or cooperative apartment developments under the National Housing Act before any Federal assistance payments are made. Provides that any unit of local government may waive its right of approval under this Act or may elect to delegate its approval function to one of its agencies. (Amends 12 U.S.C. 1715-2, 17152-1)
Bill· HRH.R. 418 (93rd)referred
United States · United States Congress · 3 January 1973
Provides, under the Internal Revenue Code, that no depreciation deduction shall be allowed in the case of rental housing for any taxable year in which a housing code violation existed for which the owner of such property or his agent was convicted by a court of law. (Amends 26 U.S.C. 167)
Bill· HRH.R. 390 (93rd)referred
United States · United States Congress · 3 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· HRH.R. 230 (93rd)referred
United States · United States Congress · 3 January 1973
National Cooperative Housing Act - Declares that it is the policy of the United States and the purpose of this Act to establish a National Bank for Cooperative Housing in order to provide assurances to private and public housing developers that a continual supply of public funds is being and will be made available, at reasonably level rates during periods of high as well as low interest to encourage the building of low- and middle-income cooperative housing. Defines the terms used in the Act. Creates a body corporate to be known as the National Bank for Cooperative Housing. Provides that loans may not be made by the Bank unless the borrower is unable to obtain funds on reasonable terms from other sources. Vests the management of the Bank in a Board of Directors consisting of the Secretary of the Treasury, the Secretary of Commerce, the Secretary of Housing and Urban Development, the Secretary of Labor, and ten other persons who shall be appointed by the President with the advice and consent of the Senate. Provides that of the ten persons so appointed, one shall be an elected or an appointed official of a State government, and one shall be an elected or appointed official of a local government. Requires all of the other persons so appointed to be from the private sector. Provides for the appointment of officers and employees of the Bank. Provides that no director, officer, attorney, agent, or employee of the Bank shall in any manner, directly or indirectly, participate in the deliberations upon or the determination of any question affecting his personal interests, or the interests of any corporation, partnership, or association in which he is directly or indirectly personally interested. Provides that the Bank shall not engage in political activities nor provide financing for or assist in any manner any project or facility involving political parties, nor shall the directors, officers, employees, or agents of the Bank in any way use their connection with the Bank for the purpose of influencing the outcome of any election. Provides for a capital stock of $1,000,000,000 for the Bank. Provides for the purchase of Bank stock by the Treasury of the United States. Provides for the borrowing authority of the Bank. Declares that it shall be the function of the Bank to make and guarantee loans for the purchase or construction of low- and middle-income cooperative housing. Allows the Bank to make direct loans: (1) to State and local governments, public agencies, nonprofit private organizations, corporations, companies, partnerships, and individuals for the purchase of low- and middle-income cooperative housing constructed after 1959; and (2) to developers, contractors, subcontractors, and other persons to finance the construction of low- and middle-income cooperative housing. Requires that the financial transactions of the Bank be audited by the General Accounting Office. Authorizes the appropriation of $1,000,000,000 for subscription to the capital stock of the Bank. Authorizes payments of $125 a day to members of the Board of Directors of the Bank for each day they are engaged in the performance of duties under this Act. Provides that no person in the United States shall on the ground of sex be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program or activity receiving Federal assistance under this Act.
Bill· HRH.R. 226 (93rd)referred
United States · United States Congress · 3 January 1973
Housing for the Elderly Act - Authorizes the Secretary of Housing and Urban Development to make loans to corporations, consumer cooperatives, public bodies and agencies for the provision of rental or cooperative housing and related facilities exclusively for low-income or moderate-income elderly families or both. Sets forth conditions to be met by applicants for such loans. Authorizes the appropriation of up to $150,000,000 in each fiscal year, beginning with fiscal year 1973, to constitute a revolving fund to be used by the Secretary in carrying out the provisions of this Act. Prohibits the use of housing constructed with a loan made under this Act for transient or hotel purposes while such loan is outstanding. Authorizes the Secretary to make periodic interest-reduction payments on behalf of owners of rental housing projects designed for occupancy by elderly families of low-or moderate-income. Authorizes the Secretary to provide mortgage insurance for such housing. Provides for rehabilitation loans for housing owned and occupied by elderly families. Authorizes the appropriation of $75,000,000 to be used by the Secretary to provide such rehabilitation loans. Authorizes the Secretary to make grants for research and training in housing for the elderly. Authorizes an appropriation of $5,000,000 for each fiscal year for such grants. Provides for a seventh (presently, six) Assistant Secretary of Housing and Urban Development to be designated Assistant Secretary for Housing for the Elderly. Establishes a Commission on Housing for the Elderly to study and investigate housing for the elderly.
Bill· HRH.R. 227 (93rd)referred
United States · United States Congress · 3 January 1973
Multifamily Housing Rehabilitation Act - Authorizes the Secretary of Housing and Urban Development to make loans to non-profit organizations, or to any public body, agency, or organization, to assist in the rehabilitation of currently occupied multifamily housing for rental primarily to low-income or moderate-income persons or for purchase and occupancy by such persons as members of a tenant cooperative. Gives priority to applications for loans which give existing tenants the right to remain in the dwelling units. Provides that loans made under this Act shall bear no interest, shall not exceed $15,000 per dwelling unit, and shall not have a maturity date exceeding twenty years. Provides that of the original principal amount of any loan made under this Act: (1) an amount equal to 10 percent shall be canceled and forgiven each year over the first five years the loan is outstanding if the property is located in an area designated by the Secretary as a low-income area or in an urban renewal area, and (2) an amount equal to 5 percent shall be canceled and forgiven each year over the first five years the loan is outstanding if the property is located in an area designated by the Secretary as a middle-income or moderate-income area. Requires that at least fifty-five percent of the households occupying the property as tenants agree to the rehabilitation before any loan is granted. Provides that, if the Secretary deems an increase in rents is necessary, no tenant may be required to pay more than twenty-two percent of his income for rent. States that if in any month a sum equal to twenty-two percent of the income of each tenant is not sufficient to meet the loan repayment for that month, the Secretary shall forgive and cancel the payment for that month. Establishes guidelines regarding the acquisition price of property, payment of outstanding taxes and liens, and alternative procedures available in the event of a default in repayment of a loan made under this Act. Authorizes the Secretary to employ qualified and expert individuals as rehabilitation agents to assist in planning and carrying out rehabilitation made with loans under this Act. Describes the duties of such agents. Allows the Secretary to issue and have outstanding at any one time notes and obligations for purchase by the Secretary of the Treasury in an amount not to exceed $20,000,000,000. Authorizes necessary appropriations, together with loan payments made by borrowers assisted with loans made under this Act, for payments on notes or other obligations issued by the Secretary. Provides that no person shall on the ground of sex be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program or activity administered or receiving assistance under this Act.
Bill· HRH.R. 228 (93rd)referred
United States · United States Congress · 3 January 1973
Provides, under the United States Housing Act, for grants to local public housing agencies to assist in financing security arrangements designed to prevent crimes and otherwise insure the safety and well-being of low rent housing tenants. Authorizes to be appropriated $70,000,000 for such purpose for each fiscal year ending after June 30, 1972.
Bill· HRH.R. 203 (93rd)referred
United States · United States Congress · 3 January 1973
Authorizes, under title III of the National Housing Act, the National Government Mortgage Association to guarantee obligations issued by State agencies to finance low- and moderate-income housing. (Adds 12 U.S.C. 1721(h))
Bill· HRH.R. 229 (93rd)referred
United States · United States Congress · 3 January 1973
Reduces from 25 to 20 percent of the tenant's income the maximum rent which may be charged for a dwelling unit qualifying for assistance under the rent supplement program of the National Housing Act and the Housing and Urban Development Act.
Bill· HRH.R. 127 (93rd)referred
United States · United States Congress · 3 January 1973
Requires the Secretary of Labor, under the Occupational Safety and Health Act of 1970, to recognize the difference in hazards to employees between the heavy construction industry and the light residential construction industry in promulgating health and safety standards. (Amends 29 U.S.C. 655)
Bill· HRH.R. 57 (93rd)referred
United States · United States Congress · 3 January 1973
Allows a tax deduction under the Internal Revenue Code of not more than $750 for ordinary and necessary expenses paid during the taxable year for the repair or improvement of property used by the taxpayer as his principal residence. Permits any person who is the owner of rental housing and who rehabilitates or restores such housing to deduct the cost of such restoration, with respect to the amortization of the adjusted basis of such housing as so restored, based on a period of 60 months. Entitles any person who acquires rehabilitated or restored rental housing from a taxpayer who elected the amortization deduction and who did not discontinue the amortization deduction, to a deduction with respect to the adjusted basis of such facility based on the remaining amount of the 60 month period taken by the person who rehabilitated the house. Provides procedures for the election and termination of the amortization deduction and defines the terms used in this Act.
Bill· HRH.R. 52 (93rd)referred
United States · United States Congress · 3 January 1973
Home Owners Mortgage Loan Corporation Act - Creates the Home Owners Mortgage Loan Corporation, an independent agency, authorized to make direct loans to credit-worthy families in the middle-income range who cannot otherwise obtain home financing at reasonable rates of interest. Provides that the proposed Corporation shall have a board of directors of nine members including the Commissioner of the Federal Housing Administration. Directs the Board to set all policies. Defines moderate income eligible families as those with incomes of $12,000 or less, a figure which could later be raised or lowered by the Board. Asserts that the maximum interest rate to be charged by the Federal Government shall be 6 1/2 percent, or less. Authorizes loans as high as $24,000 for up to 30 years under the program. Authorizes appropriations of $2 billion a year for 5 years to establish a basic capitalization of $10 billion. Provides that thereafter, if repayments on outstanding loans or investment income did not provide a loan pool of at least $2 billion a year, additional appropriations would be authorized. Requires the Corporation to make an annual report to the President and Congress on its activities and recommendations for administrative or legislative action.
Resolution· HRESH.Res. 48 (93rd)referred
United States · United States Congress · 3 January 1973
States that upon the adoption of this resolution it shall be in order to move that the House resolve itself into the Committee of the Whole House on the State of the Union for the consideration of the bill (H.R. 8606) to amend the Small Business Act, and all points of order against section 4, of said bill for failure to comply with the provisions of clause 4 rule XXI are hereby waived. Provides that after general debate, which shall be confined to the bill and shall continue not to exceed one hour, to be equally divided and controlled by the chairman and ranking minority member of the Committee on Banking and Currency, the bill shall be read for amendment under the five-minute rule. Requires that at the conclusion of the consideration of the bill for amendment, the Committee shall rise and report the bill to the House with such amendments as may have been adopted, and the previous questions shall be considered as ordered on the bill and amendments thereto to final passage without intervening motion except one motion to recommit. Stipulates that passage of H.R. 8606, the Committee on Banking and Currency shall be discharged from the futher consideration of the bill S.1672, and it shall then be in order in the House to move to strike out all after the enacting clause of the said Senate bill and insert in lieu thereof the provisions contained in H.R. 8606 as passed by the House.