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Full Text of this Amendment
of renewable energy and energy conservation; which was ordered to lie on the table; as follows:
On page 455, between lines 14 and 15, insert the following:
SEC. 1606. CLARIFICATION OF DISPOSITION OF CERTAIN PROPERTIES.
Notwithstanding any other provision of law, subtitle A of title II of the Deficit Reduction Act of 2005 (12 U.S.C. 1701z-11 note) and the amendments made by such title shall not apply to any transaction regarding a multifamily real property for which--
(1) the Secretary of Housing and Urban Development has received, before the date of the enactment of such Act, written expressions of interest in purchasing the property from both a city government and the housing commission of such city;
(2) after such receipt, the Secretary acquires title to the property at a foreclosure sale; and
(3) such city government and housing commission have resolved a previous disagreement with respect to the disposition of the property.
(As printed in the Congressional Record for the Senate on Jun 20, 2008.)