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servicers and lenders participating in the Program, 
the Secretary shall make data tables available to the 
public at the individual record level. The Secretary 
shall issue regulations prescribing— 
(A) the procedures for disclosing such data 
to the public; and 
(B) such deletions as the Secretary may 
determine to be appropriate to protect any pri-
vacy interest of any mortgage modification ap-
plicant, including the deletion or alteration of 
the applicant’s name and identification number. 
TITLE 
VIII—FORECLOSURE 
AVOIDANCE 
AND 
AFFORD-
ABLE HOUSING 
SEC. 10001. EMERGENCY MORTGAGE RELIEF. 
(a) USE OF TARP FUNDS.—Using the authority 
available under sections 101(a) and 115(a) of division A 
of the Emergency Economic Stabilization Act of 2008 (12 
U.S.C. 5211(a), 5225(a)), the Secretary of the Treasury 
shall transfer to the Secretary of Housing and Urban De-
velopment $3,000,000,000, and the Secretary of Housing 
and Urban Development shall credit such amount to the 
Emergency Homeowners’ Relief Fund, which such Sec-
retary shall establish pursuant to section 107 of the Emer-
gency Housing Act of 1975 (12 U.S.C. 2706), as such 
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Act is amended by this section, for use for emergency 
mortgage assistance in accordance with title I of such Act. 
(b) REAUTHORIZATION OF EMERGENCY MORTGAGE 
RELIEF PROGRAM.—Title I of the Emergency Housing 
Act of 1975 is amended— 
(1) in section 103 (12 U.S.C. 2702)— 
(A) in paragraph (2)— 
(i) by striking ‘‘have indicated’’ and 
all that follows through ‘‘regulation of the 
holder’’ and insert ‘‘have certified’’; 
(ii) by striking ‘‘(such as the volume 
of delinquent loans in its portfolio)’’; and 
(iii) by striking ‘‘, except that such 
statement’’ and all that follows through 
‘‘purposes of this title’’; and 
(B) in paragraph (4), by inserting ‘‘or 
medical conditions’’ after ‘‘adverse economic 
conditions’’; 
(2) in section 104 (12 U.S.C. 2703)— 
(A) in subsection (b), by striking ‘‘, but 
such assistance’’ and all that follows through 
the period at the end and inserting the fol-
lowing: ‘‘. The amount of assistance provided to 
a homeowner under this title shall be an 
amount that the Secretary determines is rea-
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sonably necessary to supplement such amount 
as the homeowner is capable of contributing to-
ward such mortgage payment, except that the 
aggregate amount of such assistance provided 
for any homeowner shall not exceed $50,000.’’; 
(B) in subsection (d), by striking ‘‘interest 
on a loan or advance’’and all that follows 
through the end of the subsection and inserting 
the following: ‘‘(1) the rate of interest on any 
loan or advance of credit insured under this 
title shall be fixed for the life of the loan or ad-
vance of credit and shall not exceed the rate of 
interest that is generally charged for mortgages 
on single-family housing insured by the Sec-
retary of Housing and Urban Development 
under title II of the National Housing Act at 
the time such loan or advance of credit is made, 
and (2) no interest shall be charged on interest 
which is deferred on a loan or advance of credit 
made under this title. In establishing rates, 
terms and conditions for loans or advances of 
credit made under this title, the Secretary shall 
take into account a homeowner’s ability to 
repay such loan or advance of credit.’’; and 
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(C) in subsection (e), by inserting after the 
period at the end of the first sentence the fol-
lowing: ‘‘Any eligible homeowner who receives a 
grant or an advance of credit under this title 
may repay the loan in full, without penalty, by 
lump sum or by installment payments at any 
time before the loan becomes due and pay-
able.’’; 
(3) in section 105 (12 U.S.C. 2704)— 
(A) by striking subsection (b); 
(B) in subsection (e)— 
(i) by inserting ‘‘and emergency mort-
gage relief payments made under section 
106’’ after ‘‘insured under this section’’; 
and 
(ii) by striking ‘‘$1,500,000,000 at 
any 
one 
time’’ 
and 
inserting 
‘‘$3,000,000,000’’; 
(C) by redesignating subsections (c), (d), 
and (e) as subsections (b), (c), and (d), respec-
tively; and 
(D) by adding at the end the following new 
subsection: 
‘‘(e) The Secretary shall establish underwriting 
guidelines or procedures to allocate amounts made avail-
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able for loans and advances insured under this section and 
for emergency relief payments made under section 106 
based on the likelihood that a mortgagor will be able to 
resume mortgage payments, pursuant to the requirement 
under section 103(5).’’; 
(4) in section 107— 
(A) by striking ‘‘(a)’’; and 
(B) by striking subsection (b); 
(5) in section 108 (12 U.S.C. 2707), by adding 
at the end the following new subsection: 
‘‘(d) COVERAGE OF EXISTING PROGRAMS.—The Sec-
retary shall allow funds to be administered by a State that 
has an existing program that is determined by the Sec-
retary to provide substantially similar assistance to home-
owners. After such determination is made such State shall 
not be required to modify such program to comply with 
the provisions of this title.’’; 
(6) in section 109 (12 U.S.C. 2708)— 
(A) in the section heading, by striking 
‘‘AUTHORIZATION AND’’; 
(B) by striking subsection (a); 
(C) by striking ‘‘(b)’’; and 
(D) by striking ‘‘1977’’ and inserting 
‘‘2011’’; 
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(7) by striking sections 110, 111, and 113 (12 
U.S.C. 2709, 2710, 2712); and 
(8) by redesignating section 112 (12 U.S.C. 
2711) as section 110. 
SEC. 10002. ADDITIONAL ASSISTANCE FOR NEIGHBORHOOD 
STABILIZATION PROGRAM. 
Using the authority made available under sections 
101(a) and 115(a) of division A of the Emergency Eco-
nomic Stabilization Act of 2008 (12 U.S.C. 5211(a), 
5225(a)), the Secretary of the Treasury shall transfer to 
the Secretary of Housing and Urban Development 
$1,000,000,000, and the Secretary of Housing and Urban 
Development shall use such amounts for assistance to 
States and units of general local government for the rede-
velopment of abandoned and foreclosed homes, in accord-
ance with the same provisions applicable under the second 
undesignated paragraph under the heading ‘‘Community 
Planning and Development—Community Development 
Fund’’ in title XII of division A of the American Recovery 
and Reinvestment Act of 2009 (Public Law 111–5; 123 
Stat. 217) to amounts made available under such second 
undesignated paragraph, except as follows: 
(1) Notwithstanding the matter of such second 
undesignated paragraph that precedes the first pro-
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viso, amounts made available by this section shall re-
main available until expended. 
(2) The 3rd, 4th, 5th, 6th, 7th, and 15th pro-
visos of such second undesignated paragraph shall 
not apply to amounts made available by this section. 
(3) Amounts made available by this section 
shall be allocated based on a funding formula for 
such amounts established by the Secretary in ac-
cordance with section 2301(b) of the Housing and 
Economic Recovery Act of 2008 (42 U.S.C. 5301 
note), except that— 
(A) notwithstanding paragraph (2) of such 
section 2301(b), the formula shall be estab-
lished not later than 30 days after the date of 
the enactment of this Act; 
(B) the Secretary may not establish any 
minimum grant amount or size for grants to 
States; 
(C) the Secretary may establish a min-
imum grant amount for direct allocations to 
units of general local government located within 
a State, which shall not exceed $1,000,000; and 
(D) each State and local government re-
ceiving grant amounts shall establish proce-
dures to create preferences for the development 
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of affordable rental housing for properties as-
sisted with amounts made available by this sec-
tion. 
(4) Paragraph (1) of section 2301(c) of the 
Housing and Economic Recovery Act of 2008 shall 
not apply to amounts made available by this section. 
(5) Section 2302 of the Housing and Economic 
Recovery Act of 2008 shall not apply to amounts 
made available by this section. 
(6) The fourth proviso from the end of such 
second undesignated paragraph shall be applied to 
amounts made available by this section by sub-
stituting ‘‘2013’’ for ‘‘2012’’. 
(7) Notwithstanding section 2301(a) of the 
Housing and Economic Recovery Act of 2008, the 
term ‘‘State’’ means any State of the United States, 
the District of Columbia, the Commonwealth of 
Puerto Rico, the Commonwealth of the Northern 
Mariana Islands, Guam, the Virgin Islands, Amer-
ican Samoa, and other territory or possession of the 
United States for purposes of this section and title 
III of division B of such Act, as applied to amounts 
made available by this section. 
(8)(A) None of the amounts made available by 
this section shall be distributed to— 
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(i) any organization which has been con-
victed for a violation under Federal law relating 
to an election for Federal office; or 
(ii) any organization which employs appli-
cable individuals. 
(B) In this paragraph, the term ‘‘applicable in-
dividual’’ means an individual who— 
(i) is— 
(I) employed by the organization in a 
permanent or temporary capacity; 
(II) contracted or retained by the or-
ganization; or 
(III) acting on behalf of, or with the 
express or apparent authority of, the orga-
nization; and 
(ii) has been convicted for a violation 
under Federal law relating to an election for 
Federal office. 
TITLE IX—NONADMITTED AND 
REINSURANCE REFORM ACT 
SEC. 10051. SHORT TITLE. 
This title may be cited as the ‘‘Nonadmitted and Re-
insurance Reform Act of 2009’’. 
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SEC. 10052. EFFECTIVE DATE. 
Except as otherwise specifically provided in this title, 
this title shall take effect upon the expiration of the 12- 
month period beginning on the date of the enactment of 
this Act. 
Subtitle A—Nonadmitted Insurance 
SEC. 10101. REPORTING, PAYMENT, AND ALLOCATION OF 
PREMIUM TAXES. 
(a) HOME STATE’S EXCLUSIVE AUTHORITY.—No 
State other than the home State of an insured may require 
any premium tax payment for nonadmitted insurance. 
(b) ALLOCATION
OF
NONADMITTED
PREMIUM 
TAXES.— 
(1) IN GENERAL.—The States may enter into a 
compact or otherwise establish procedures to allocate 
among the States the premium taxes paid to an in-
sured’s home State described in subsection (a). 
(2) EFFECTIVE
DATE.—Except as expressly 
otherwise provided in such compact or other proce-
dures, any such compact or other procedures— 
(A) if adopted on or before the expiration 
of the 330-day period that begins on the date 
of the enactment of this Act, shall apply to any 
premium taxes that, on or after such date of 
enactment, are required to be paid to any State 
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that is subject to such compact or procedures; 
and 
(B) if adopted after the expiration of such 
330-day period, shall apply to any premium 
taxes that, on or after January 1 of the first 
calendar year that begins after the expiration of 
such 330-day period, are required to be paid to 
any State that is subject to such compact or 
procedures. 
(3) REPORT.—Upon the expiration of the 330- 
day period referred to in paragraph (2), the NAIC 
may submit a report to the Committee on Financial 
Services and Committee on the Judiciary of the 
House of Representatives and the Committee on 
Banking, Housing, and Urban Affairs of the Senate 
identifying and describing any compact or other pro-
cedures for allocation among the States of premium 
taxes that have been adopted during such period by 
any States. 
(4) NATIONWIDE SYSTEM.—The Congress in-
tends that each State adopt nationwide uniform re-
quirements, forms, and procedures, such as an inter-
state compact, that provides for the reporting, pay-
ment, collection, and allocation of premium taxes for 
nonadmitted insurance consistent with this section. 
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(c) ALLOCATION BASED ON TAX ALLOCATION RE-
PORT.—To facilitate the payment of premium taxes 
among the States, an insured’s home State may require 
surplus lines brokers and insureds who have independently 
procured insurance to annually file tax allocation reports 
with the insured’s home State detailing the portion of the 
nonadmitted insurance policy premium or premiums at-
tributable to properties, risks or exposures located in each 
State. The filing of a nonadmitted insurance tax allocation 
report and the payment of tax may be made by a person 
authorized by the insured to act as its agent. 
SEC. 10102. REGULATION OF NONADMITTED INSURANCE BY 
INSURED’S HOME STATE. 
(a) HOME STATE AUTHORITY.—Except as otherwise 
provided in this section, the placement of nonadmitted in-
surance shall be subject to the statutory and regulatory 
requirements solely of the insured’s home State. 
(b) BROKER LICENSING.—No State other than an in-
sured’s home State may require a surplus lines broker to 
be licensed in order to sell, solicit, or negotiate non-
admitted insurance with respect to such insured. 
(c) ENFORCEMENT PROVISION.—With respect to sec-
tion 10101 and subsections (a) and (b) of this section, 
any law, regulation, provision, or action of any State that 
applies or purports to apply to nonadmitted insurance sold 
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