,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #aaic  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #ad1 #bjac ,mr4  
,meehan 7= himself1 ,mr4 ,b>letta1 ,mr4 
,g]la*1 ,mr4 ,nug5t1 ,mr4 ,tib]i1 & ,mr4
 ,murphy ( ,p5nsylvania7 introduc$ !    
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to require ea* own] ( a dwell+ 
unit assi/$ "u ! section #h r5tal       
assi/ance v\*] program to rema9 curr5t )
 respect to local prop]ty & s*ool taxes 
& to au?orize a public h\s+ ag5cy to use
 su* r5tal assi/ance am\nts to pay su*  
tax debt ( su* an own]1 & = o!r         
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,protect ,our ,s*ools f    
,tax ,del9qu5ts ,act ( #bjac4  #b4      
,obligation = own]s ( assi/$ units to   
rema9 curr5t on local prop]ty & s*ool   
taxes  7a7 ,9 g5]al ,subsection 7o7 (   
section #h ( ! ,unit$ ,/ates ,h\s+ ,act 
( #aicg 7#db ,u4,s4,c4 #adcg;f7o77 is   
am5d$ by add+ at ! end ! foll[+ new     
p>agraph3  7#ba7 ,obligation = own]s ,to

 rema9 curr5t on local prop]ty & s*ool  
taxes  7#a7 ,obligation ,ea* h\s+       
assi/ance paym5ts contract ent]$ into by
 a public h\s+ ag5cy & ! own] ( a dwell+
 unit %all provide t ! own] ( ! dwell+  
unit assi/$ "u ! contract %all pay1 on a
 timely basis1 all cov]$ taxes validly  
assess$ aga9/ ! prop]ty 9 :i* su* dwell+
 unit is locat$4  7#b7 ,au?ority to     
provide = use ( assi/ance am\nts to pay 
del9qu5t taxes ,a h\s+ assi/ance paym5ts
 contract ent]$ into by a public h\s+   
ag5cy & ! own] ( a dwell+ unit may      
provide t1 ^u notification by a tax+    
au?ority t ! own] ( a dwell+ unit assi/$
 "u ?is subsection is del9qu5t ) respect
 to paym5t ( any cov]$ taxes assess$ by 
su* tax+ au?ority aga9/ ! prop]ty 9 :i* 
su* dwell+ unit is locat$ &             
id5tification ( ! am\nt ( su*           
del9qu5cy--  7,a7 ! public h\s+ ag5cy   
%all abate all ( ! assi/ance am\nts "u  
?is subsection ) respect su* prop]ty    
until ! transf] ( am\nts pursuant to    
subp>agraph 7,b7 is complet$2 &  7,b7 ! 

ag5cy %all transf] to su* tax+ au?ority1
 on a mon?ly basis1 an am\nt equal to ! 
mon?ly assi/ance am\nts "u ?is          
subsection ) respect to su* dwell+ unit 
7or su* less] am\nt z may be agre$ to by
 ! ag5cy & su* au?ority7 until !        
del9qu5cy id5tifi$ 9 su* notification is
 elim9at$ 7or = su* %ort] p]iod1 z may  
be agre$ to by ! ag5cy & su* au?ority74 
7#c7 ,requirem5ts & proc$ures ,!        
,secret>y %all e/abli% su* requirem5ts z
 may be necess>y to provide = ! h\s+    
assi/ance paym5ts contract provisions "u
 p>agraphs 7#a7 & 7#b71 includ+1 9 !    
case ( provisions au?oriz$ by p>agraph  
7#b71 su* requirem5ts reg>d+            
notifications & transf] ( am\nts        
pursuant to p>agraph 7#b77;,b7 z may be 
necess>y to ensure t am\nts are n s     
transf]r$ except = actual & confirm$    
taxes assess$ to & ow$ by an own] ( a   
dwell+ unit1 to ensure t no am\nts are  
transf]r$ 9 excess ( ! am\nt ( su* taxes
 ow$1 & to ensure ! timely comm5cem5t & 
t]m9ation ( su* transf]s4  7#d7         

,treatm5t ( t5ants ,no?+ 9 ?is section  
may be con/ru$ to au?orize1 or e/abli%  
any cause or gr\nds =1 ! t]m9ation ( !  
t5ancy ( any t5ant f any dwell+ unit    
assi/$ "u ?is subsection4  7#e7         
,database  7,a7 ,9 g5]al ,! ,secret>y   
%all ma9ta9 a database ( in=mation      
reg>d+--  7i7 own]s ( dwell+ units      
assi/$ "u ?is subsection ^: h\s+        
assi/ance paym5ts contracts h be5       
t]m9at$ = failure to comply ) !         
provision requir$ "u p>agraph 7#a72 &   
7ii7 own]s ( su* dwell+ units ) respect 
to :om assi/ance am\nts h be5 abat$ &   
transf]r$ to a tax+ au?ority pursuant to
 p>agraph 7#b74  7,b7 ,cont5ts ,su*     
database %all include in=mation t       
id5tifies ! own]1 ! prop]ty = :i* su*   
assi/ance 0 provid$1 ! am\nt transf]r$1 
& ! p]iod ov] :i* su* abatem5t & transf]
 occurr$4  7,c7 ,in=mation f public h\s+
 ag5cies ,! ,secret>y %all require      
public h\s+ ag5cies to submit in=mation 
reg>d+ ! abatem5t & transf] ( assi/ance 
am\nts pursuant to p>agraph 7#b7        

suffici5t = ! ,secret>y to ma9ta9 su*   
database4  7#f7 ,def9itions ,= purposes 
( ?is p>agraph1 ! foll[+ def9itions %all
 apply3  7,a7 ,cov]$ taxes ,! t]m cov]$ 
taxes means any tax "u ! law ( a ,/ate  
or any political subdivision ( a ,/ate t
 is assess$ ^u real prop]ty or ! rev5ue 
( :i* is d$icat$ = use only = s*ools or 
= co/s ( education4  7,b7 ,tax+ au?ority
 ,! t]m tax+ au?ority means any ,/ate or
 political subdivision ( a ,/ate1       
includ+ any ag5cy or au?ority !re(1 hav+
 au?ority to assess & collect cov]$     
taxes4  4  7b7 ,regulations ,! ,secret>y
 ( ,h\s+ & ,urban ,developm5t %all issue
 any regulations necess>y to c>ry       
section #h7o77#ba7 ( ! ,unit$ ,/ates    
,h\s+ ,act ( #aicg1 z add$ by ! am5dm5t 
made by subsection 7a74