Page:United States Statutes at Large Volume 122.djvu/3820

 12 2 STA T .379 7 PUBLIC LA W 11 0– 3 4 3 —O CT. 3 , 200 8(c)CONFIDE N T I AL IT Y.—Theinformat ion sub mitte d to the Con -g ress under this section sha l lbe k e p t confidential , upon the w ritten re q uest of the Chairman of the B oard, in which case it shall be made a v ailable onl y to the Chairpersons and R anking M embers of the Committees described in subsection (a). (d) AP PLI C A B ILITY.—The provisions of this section shall be in force for all uses of the authority provided under section 13 of the F ederal Reserve Act occurring during the period beginning on March 1, 20 0 8 and ending on the after the date of enactment of this Act, and reports described in subsection (a) shall be required beginning not later than 30 days after that date of enactment, with respect to any such e x ercise of authority. (e) SH A R IN G OF I NFOR M ATION.—Any reports required under this section shall also be submitted to the Congressional O versight P anel established under section 12 5 . SEC.130 . T EC HNI C AL C OR RECTIONS. (a) IN G ENERAL.—Section 128(b)(2) of the Truth in L ending Act (15 U .S.C. 1 6 38(b)(2)), as amended by section 2502 of the Mortgage D isclosure Improvement Act of 2008 (Public Law 110 – 28 9 ), is amended— (1) in subparagraph (A), by striking ‘ ‘In the case ’ ’ and inserting ‘‘ E xcept as provided in subparagraph (G), in the case’’ and (2) by amending subparagraph (G) to read as follows

‘‘(G)(i) In the case of an extension of credit relating to a plan described in section 101(53D) of title 11, United States Code— ‘‘(I) the requirements of subparagraphs (A) through (E) shall not apply; and ‘‘(II) a good faith estimate of the disclosures required under subsection (a) shall be made in accord- ance with regulations of the Board under section 121(c) before such credit is extended, or shall be delivered or placed in the mail not later than 3 business days after the date on which the creditor receives the writ- ten application of the consumer for such credit, which- ever is earlier. ‘‘(ii) If a disclosure statement furnished within 3 busi- ness days of the written application (as provided under clause (i)(II)) contains an annual percentage rate which is subsequently rendered inaccurate, within the meaning of section 10 7 (c), the creditor shall furnish another disclo- sure statement at the time of settlement or consummation of the transaction.’’. (b) EFFECTI V E DATE.—The amendments made by subsection (a) shall take effect as if included in the amendments made by section 2502 of the Mortgage Disclosure Improvement Act of 2008 (Public Law 110–289). SEC. 131. E X CHAN G E STA B ILI Z ATION FU N D REI M BURSEMENT. (a) REIMB U R S EMENT.—The Secretary shall reimburse the Exchange Stabili z ation Fund established under section 5302 of title 31, United States Code, for any funds that are used for the Treasury Money Market Funds Guaranty Program for the United States money market mutual fund industry, from funds under this Act. (b) LIMITS ON USE OF E X CHANGE STABILI Z ATION FUND.—The Secretary is prohibited from using the Exchange Stabilization Fund 12USC5 2 36. 15 USC 163 8note . Discl os ur e st a te m ent. Dea d line. G ood f ait h estimate. Deadline. R e p orts. E ffecti v e date. T ermination date. Reports. Deadline.

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