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PUBLIC LAW 110–185—FEB. 13, 2008

122 STAT. 613

Public Law 110–185
110th Congress
An Act
To provide economic stimulus through recovery rebates to individuals, incentives
for business investment, and an increase in conforming and FHA loan limits.

Feb. 13, 2008
[H.R. 5140]

Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

(a) SHORT TITLE.—This Act may be cited as the ‘‘Economic
Stimulus Act of 2008’’.
(b) TABLE OF CONTENTS.—The table of contents of this Act
is as follows:

Economic
Stimulus Act of
2008.
26 USC 1 note.

Sec. 1. Short title; table of contents.
TITLE I—RECOVERY REBATES AND INCENTIVES FOR BUSINESS
INVESTMENT
Sec. 101. 2008 recovery rebates for individuals.
Sec. 102. Temporary increase in limitations on expensing of certain depreciable
business assets.
Sec. 103. Special allowance for certain property acquired during 2008.
TITLE II—HOUSING GSE AND FHA LOAN LIMITS
Sec. 201. Temporary conforming loan limit increase for Fannie Mae and Freddie
Mac.
Sec. 202. Temporary loan limit increase for FHA.
TITLE III—EMERGENCY DESIGNATION
Sec. 301. Emergency designation.

TITLE I—RECOVERY REBATES AND INCENTIVES FOR BUSINESS INVESTMENT
SEC. 101. 2008 RECOVERY REBATES FOR INDIVIDUALS.

(a) IN GENERAL.—Section 6428 of the Internal Revenue Code
of 1986 is amended to read as follows:

26 USC 6428.

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‘‘SEC. 6428. 2008 RECOVERY REBATES FOR INDIVIDUALS.

‘‘(a) IN GENERAL.—In the case of an eligible individual, there
shall be allowed as a credit against the tax imposed by subtitle
A for the first taxable year beginning in 2008 an amount equal
to the lesser of—
‘‘(1) net income tax liability, or
‘‘(2) $600 ($1,200 in the case of a joint return).
‘‘(b) SPECIAL RULES.—
‘‘(1) IN GENERAL.—In the case of a taxpayer described in
paragraph (2)—

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122 STAT. 614

PUBLIC LAW 110–185—FEB. 13, 2008

‘‘(A) the amount determined under subsection (a) shall
not be less than $300 ($600 in the case of a joint return),
and
‘‘(B) the amount determined under subsection (a) (after
the application of subparagraph (A)) shall be increased
by the product of $300 multiplied by the number of qualifying children (within the meaning of section 24(c)) of the
taxpayer.
‘‘(2) TAXPAYER DESCRIBED.—A taxpayer is described in this
paragraph if the taxpayer—
‘‘(A) has qualifying income of at least $3,000, or
‘‘(B) has—
‘‘(i) net income tax liability which is greater than
zero, and
‘‘(ii) gross income which is greater than the sum
of the basic standard deduction plus the exemption
amount (twice the exemption amount in the case of
a joint return).
‘‘(c) TREATMENT OF CREDIT.—The credit allowed by subsection
(a) shall be treated as allowed by subpart C of part IV of subchapter
A of chapter 1.
‘‘(d) LIMITATION BASED ON ADJUSTED GROSS INCOME.—The
amount of the credit allowed by subsection (a) (determined without
regard to this subsection and subsection (f)) shall be reduced (but
not below zero) by 5 percent of so much of the taxpayer’s adjusted
gross income as exceeds $75,000 ($150,000 in the case of a joint
return).
‘‘(e) DEFINITIONS.—For purposes of this section—
‘‘(1) QUALIFYING INCOME.—The term ‘qualifying income’
means—
‘‘(A) earned income,
‘‘(B) social security benefits (within the meaning of
section 86(d)), and
‘‘(C) any compensation or pension received under
chapter 11, chapter 13, or chapter 15 of title 38, United
States Code.
‘‘(2) NET INCOME TAX LIABILITY.—The term ‘net income
tax liability’ means the excess of—
‘‘(A) the sum of the taxpayer’s regular tax liability
(within the meaning of section 26(b)) and the tax imposed
by section 55 for the taxable year, over
‘‘(B) the credits allowed by part IV (other than section
24 and subpart C thereof) of subchapter A of chapter 1.
‘‘(3) ELIGIBLE INDIVIDUAL.—The term ‘eligible individual’
means any individual other than—
‘‘(A) any nonresident alien individual,
‘‘(B) any individual with respect to whom a deduction
under section 151 is allowable to another taxpayer for
a taxable year beginning in the calendar year in which
the individual’s taxable year begins, and
‘‘(C) an estate or trust.
‘‘(4) EARNED INCOME.—The term ‘earned income’ has the
meaning set forth in section 32(c)(2) except that—
‘‘(A) subclause (II) of subparagraph (B)(vi) thereof shall
be applied by substituting ‘January 1, 2009’ for ‘January
1, 2008’, and

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PUBLIC LAW 110–185—FEB. 13, 2008

122 STAT. 615

‘‘(B) such term shall not include net earnings from
self-employment which are not taken into account in computing taxable income.
‘‘(5) BASIC STANDARD DEDUCTION; EXEMPTION AMOUNT.—
The terms ‘basic standard deduction’ and ‘exemption amount’
shall have the same respective meanings as when used in
section 6012(a).
‘‘(f) COORDINATION WITH ADVANCE REFUNDS OF CREDIT.—
‘‘(1) IN GENERAL.—The amount of credit which would (but
for this paragraph) be allowable under this section shall be
reduced (but not below zero) by the aggregate refunds and
credits made or allowed to the taxpayer under subsection (g).
Any failure to so reduce the credit shall be treated as arising
out of a mathematical or clerical error and assessed according
to section 6213(b)(1).
‘‘(2) JOINT RETURNS.—In the case of a refund or credit
made or allowed under subsection (g) with respect to a joint
return, half of such refund or credit shall be treated as having
been made or allowed to each individual filing such return.
‘‘(g) ADVANCE REFUNDS AND CREDITS.—
‘‘(1) IN GENERAL.—Each individual who was an eligible
individual for such individual’s first taxable year beginning
in 2007 shall be treated as having made a payment against
the tax imposed by chapter 1 for such first taxable year in
an amount equal to the advance refund amount for such taxable
year.
‘‘(2) ADVANCE REFUND AMOUNT.—For purposes of paragraph
(1), the advance refund amount is the amount that would
have been allowed as a credit under this section for such
first taxable year if this section (other than subsection (f) and
this subsection) had applied to such taxable year.
‘‘(3) TIMING OF PAYMENTS.—The Secretary shall, subject
to the provisions of this title, refund or credit any overpayment
attributable to this section as rapidly as possible. No refund
or credit shall be made or allowed under this subsection after
December 31, 2008.
‘‘(4) NO INTEREST.—No interest shall be allowed on any
overpayment attributable to this section.
‘‘(h) IDENTIFICATION NUMBER REQUIREMENT.—
‘‘(1) IN GENERAL.—No credit shall be allowed under subsection (a) to an eligible individual who does not include on
the return of tax for the taxable year—
‘‘(A) such individual’s valid identification number,
‘‘(B) in the case of a joint return, the valid identification
number of such individual’s spouse, and
‘‘(C) in the case of any qualifying child taken into
account under subsection (b)(1)(B), the valid identification
number of such qualifying child.
‘‘(2) VALID IDENTIFICATION NUMBER.—For purposes of paragraph (1), the term ‘valid identification number’ means a social
security number issued to an individual by the Social Security
Administration. Such term shall not include a TIN issued by
the Internal Revenue Service.’’.
(b) ADMINISTRATIVE AMENDMENTS.—
(1) DEFINITION OF DEFICIENCY.—Section 6211(b)(4)(A) of
the Internal Revenue Code of 1986 is amended by striking
‘‘and 53(e)’’ and inserting ‘‘53(e), and 6428’’.

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26 USC 6211.

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122 STAT. 616
26 USC 6213.

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26 USC 6428
note.

26 USC 6428
note.

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(2) MATHEMATICAL OR CLERICAL ERROR AUTHORITY.—Section 6213(g)(2)(L) of such Code is amended by striking ‘‘or
32’’ and inserting ‘‘32, or 6428’’.
(c) TREATMENT OF POSSESSIONS.—
(1) PAYMENTS TO POSSESSIONS.—
(A) MIRROR CODE POSSESSION.—The Secretary of the
Treasury shall make a payment to each possession of the
United States with a mirror code tax system in an amount
equal to the loss to that possession by reason of the amendments made by this section. Such amount shall be determined by the Secretary of the Treasury based on information provided by the government of the respective possession.
(B) OTHER POSSESSIONS.—The Secretary of the
Treasury shall make a payment to each possession of the
United States which does not have a mirror code tax system
in an amount estimated by the Secretary of the Treasury
as being equal to the aggregate benefits that would have
been provided to residents of such possession by reason
of the amendments made by this section if a mirror code
tax system had been in effect in such possession. The
preceding sentence shall not apply with respect to any
possession of the United States unless such possession
has a plan, which has been approved by the Secretary
of the Treasury, under which such possession will promptly
distribute such payment to the residents of such possession.
(2) COORDINATION WITH CREDIT ALLOWED AGAINST UNITED
STATES INCOME TAXES.—No credit shall be allowed against
United States income taxes under section 6428 of the Internal
Revenue Code of 1986 (as amended by this section) to any
person—
(A) to whom a credit is allowed against taxes imposed
by the possession by reason of the amendments made by
this section, or
(B) who is eligible for a payment under a plan described
in paragraph (1)(B).
(3) DEFINITIONS AND SPECIAL RULES.—
(A) POSSESSION OF THE UNITED STATES.—For purposes
of this subsection, the term ‘‘possession of the United
States’’ includes the Commonwealth of Puerto Rico and
the Commonwealth of the Northern Mariana Islands.
(B) MIRROR CODE TAX SYSTEM.—For purposes of this
subsection, the term ‘‘mirror code tax system’’ means, with
respect to any possession of the United States, the income
tax system of such possession if the income tax liability
of the residents of such possession under such system is
determined by reference to the income tax laws of the
United States as if such possession were the United States.
(C) TREATMENT OF PAYMENTS.—For purposes of section
1324(b)(2) of title 31, United States Code, the payments
under this subsection shall be treated in the same manner
as a refund due from the credit allowed under section
6428 of the Internal Revenue Code of 1986 (as amended
by this section).
(d) REFUNDS DISREGARDED IN THE ADMINISTRATION OF FEDERAL
PROGRAMS AND FEDERALLY ASSISTED PROGRAMS.—Any credit or
refund allowed or made to any individual by reason of section

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PUBLIC LAW 110–185—FEB. 13, 2008

122 STAT. 617

6428 of the Internal Revenue Code of 1986 (as amended by this
section) or by reason of subsection (c) of this section shall not
be taken into account as income and shall not be taken into account
as resources for the month of receipt and the following 2 months,
for purposes of determining the eligibility of such individual or
any other individual for benefits or assistance, or the amount or
extent of benefits or assistance, under any Federal program or
under any State or local program financed in whole or in part
with Federal funds.
(e) APPROPRIATIONS TO CARRY OUT REBATES.—
(1) IN GENERAL.—Immediately upon the enactment of this
Act, the following sums are appropriated, out of any money
in the Treasury not otherwise appropriated, for the fiscal year
ending September 30, 2008:
(A) DEPARTMENT OF THE TREASURY.—
(i) For an additional amount for ‘‘Department of
the Treasury—Financial Management Service—Salaries and Expenses’’, $64,175,000, to remain available
until September 30, 2009.
(ii) For an additional amount for ‘‘Department of
the Treasury—Internal Revenue Service—Taxpayer
Services’’, $50,720,000, to remain available until September 30, 2009.
(iii) For an additional amount for ‘‘Department
of the Treasury—Internal Revenue Service—Operations Support’’, $151,415,000, to remain available
until September 30, 2009.
(B) SOCIAL SECURITY ADMINISTRATION.—For an additional amount for ‘‘Social Security Administration—Limitation on Administrative Expenses’’, $31,000,000, to remain
available until September 30, 2008.
(2) REPORTS.—No later than 15 days after enactment of
this Act, the Secretary of the Treasury shall submit a plan
to the Committees on Appropriations of the House of Representatives and the Senate detailing the expected use of the funds
provided by paragraph (1)(A). Beginning 90 days after enactment of this Act, the Secretary of the Treasury shall submit
a quarterly report to the Committees on Appropriations of
the House of Representatives and the Senate detailing the
actual expenditure of funds provided by paragraph (1)(A) and
the expected expenditure of such funds in the subsequent
quarter.
(f) CONFORMING AMENDMENTS.—
(1) Paragraph (2) of section 1324(b) of title 31, United
States Code, is amended by inserting ‘‘or 6428’’ after ‘‘section
35’’.
(2) Paragraph (1) of section 1(i) of the Internal Revenue
Code of 1986 is amended by striking subparagraph (D).
(3) The item relating to section 6428 in the table of sections
for subchapter B of chapter 65 of such Code is amended to
read as follows:

26 USC 1.

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‘‘Sec. 6428. 2008 recovery rebates for individuals.’’.

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122 STAT. 618

PUBLIC LAW 110–185—FEB. 13, 2008

SEC. 102. TEMPORARY INCREASE IN LIMITATIONS ON EXPENSING OF
CERTAIN DEPRECIABLE BUSINESS ASSETS.
26 USC 179.

26 USC 179 note.

(a) IN GENERAL.—Subsection (b) of section 179 of the Internal
Revenue Code of 1986 (relating to limitations) is amended by adding
at the end the following new paragraph:
‘‘(7) INCREASE IN LIMITATIONS FOR 2008.—In the case of
any taxable year beginning in 2008—
‘‘(A) the dollar limitation under paragraph (1) shall
be $250,000,
‘‘(B) the dollar limitation under paragraph (2) shall
be $800,000, and
‘‘(C) the amounts described in subparagraphs (A) and
(B) shall not be adjusted under paragraph (5).’’.
(b) EFFECTIVE DATE.—The amendment made by this section
shall apply to taxable years beginning after December 31, 2007.

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SEC. 103. SPECIAL ALLOWANCE FOR CERTAIN PROPERTY ACQUIRED
DURING 2008.

(a) IN GENERAL.—Subsection (k) of section 168 of the Internal
Revenue Code of 1986 (relating to special allowance for certain
property acquired after September 10, 2001, and before January
1, 2005) is amended—
(1) by striking ‘‘September 10, 2001’’ each place it appears
and inserting ‘‘December 31, 2007’’,
(2) by striking ‘‘September 11, 2001’’ each place it appears
and inserting ‘‘January 1, 2008’’,
(3) by striking ‘‘January 1, 2005’’ each place it appears
and inserting ‘‘January 1, 2009’’, and
(4) by striking ‘‘January 1, 2006’’ each place it appears
and inserting ‘‘January 1, 2010’’.
(b) 50 PERCENT ALLOWANCE.—Subparagraph (A) of section
168(k)(1) of such Code is amended by striking ‘‘30 percent’’ and
inserting ‘‘50 percent’’.
(c) CONFORMING AMENDMENTS.—
(1) Subclause (I) of section 168(k)(2)(B)(i) of such Code
is amended by striking ‘‘and (iii)’’ and inserting ‘‘(iii), and
(iv)’’.
(2) Subclause (IV) of section 168(k)(2)(B)(i) of such Code
is amended by striking ‘‘clauses (ii) and (iii)’’ and inserting
‘‘clause (iii)’’.
(3) Clause (i) of section 168(k)(2)(C) of such Code is
amended by striking ‘‘and (iii)’’ and inserting ‘‘, (iii), and (iv)’’.
(4) Clause (i) of section 168(k)(2)(F) of such Code is
amended by striking ‘‘$4,600’’ and inserting ‘‘$8,000’’.
(5)(A) Subsection (k) of section 168 of such Code is amended
by striking paragraph (4).
(B) Clause (iii) of section 168(k)(2)(D) of such Code is
amended by striking the last sentence.
(6) Paragraph (4) of section 168(l) of such Code is amended
by redesignating subparagraphs (A), (B), and (C) as subparagraphs (B), (C), and (D) and inserting before subparagraph
(B) (as so redesignated) the following new subparagraph:
‘‘(A) BONUS DEPRECIATION PROPERTY UNDER SUBSECTION (k).—Such term shall not include any property
to which section 168(k) applies.’’.
(7) Paragraph (5) of section 168(l) of such Code is
amended—

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PUBLIC LAW 110–185—FEB. 13, 2008

122 STAT. 619

(A) by striking ‘‘September 10, 2001’’ in subparagraph
(A) and inserting ‘‘December 31, 2007’’, and
(B) by striking ‘‘January 1, 2005’’ in subparagraph
(B) and inserting ‘‘January 1, 2009’’.
(8) Subparagraph (D) of section 1400L(b)(2) of such Code
is amended by striking ‘‘January 1, 2005’’ and inserting
‘‘January 1, 2010’’.
(9) Paragraph (3) of section 1400N(d) of such Code is
amended—
(A) by striking ‘‘September 10, 2001’’ in subparagraph
(A) and inserting ‘‘December 31, 2007’’, and
(B) by striking ‘‘January 1, 2005’’ in subparagraph
(B) and inserting ‘‘January 1, 2009’’.
(10) Paragraph (6) of section 1400N(d) of such Code is
amended by adding at the end the following new subparagraph:
‘‘(E) EXCEPTION FOR BONUS DEPRECIATION PROPERTY
UNDER SECTION 168(k).—The term ‘specified Gulf Opportunity Zone extension property’ shall not include any property to which section 168(k) applies.’’.
(11) The heading for subsection (k) of section 168 of such
Code is amended—
(A) by striking ‘‘SEPTEMBER 10, 2001’’ and inserting
‘‘DECEMBER 31, 2007’’, and
(B) by striking ‘‘JANUARY 1, 2005’’ and inserting
‘‘JANUARY 1, 2009’’.
(12) The heading for clause (ii) of section 168(k)(2)(B) of
such Code is amended by striking ‘‘PRE-JANUARY 1, 2005’’ and
inserting ‘‘PRE-JANUARY 1, 2009’’.
(d) EFFECTIVE DATE.—The amendments made by this section
shall apply to property placed in service after December 31, 2007,
in taxable years ending after such date.

26 USC 1400L.

26 USC 168 note.

TITLE II—HOUSING GSE AND FHA LOAN
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SEC. 201. TEMPORARY CONFORMING LOAN LIMIT INCREASE FOR
FANNIE MAE AND FREDDIE MAC.

(a) INCREASE OF HIGH COST AREAS LIMITS FOR HOUSING
GSES.—For mortgages originated during the period beginning on
July 1, 2007, and ending at the end of December 31, 2008:
(1) FANNIE MAE.—With respect to the Federal National
Mortgage Association, notwithstanding section 302(b)(2) of the
Federal National Mortgage Association Charter Act (12 U.S.C.
1717(b)(2)), the limitation on the maximum original principal
obligation of a mortgage that may be purchased by the Association shall be the higher of—
(A) the limitation for 2008 determined under such section 302(b)(2) for a residence of the applicable size; or
(B) 125 percent of the area median price for a residence
of the applicable size, but in no case to exceed 175 percent
of the limitation for 2008 determined under such section
302(b)(2) for a residence of the applicable size.
(2) FREDDIE MAC.—With respect to the Federal Home Loan
Mortgage Corporation, notwithstanding section 305(a)(2) of the
Federal Home Loan Mortgage Corporation Act (12 U.S.C.
1454(a)(2)), the limitation on the maximum original principal

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122 STAT. 620

PUBLIC LAW 110–185—FEB. 13, 2008

obligation of a mortgage that may be purchased by the Corporation shall be the higher of—
(A) the limitation determined for 2008 under such section 305(a)(2) for a residence of the applicable size; or
(B) 125 percent of the area median price for a residence
of the applicable size, but in no case to exceed 175 percent
of the limitation determined for 2008 under such section
305(a)(2) for a residence of the applicable size.
(b) DETERMINATION OF LIMITS.—The areas and area median
prices used for purposes of the determinations under subsection
(a) shall be the areas and area median prices used by the Secretary
of Housing and Urban Development in determining the applicable
limits under section 202 of this title.
(c) RULE OF CONSTRUCTION.—A mortgage originated during
the period referred to in subsection (a) that is eligible for purchase
by the Federal National Mortgage Association or the Federal Home
Loan Mortgage Corporation pursuant to this section shall be eligible
for such purchase for the duration of the term of the mortgage,
notwithstanding that such purchase occurs after the expiration
of such period.
(d) EFFECT ON HOUSING GOALS.—Notwithstanding any other
provision of law, mortgages purchased in accordance with the
increased maximum original principal obligation limitations determined pursuant to this section shall not be considered in determining performance with respect to any of the housing goals established under section 1332, 1333, or 1334 of the Housing and
Community Development Act of 1992 (12 U.S.C. 4562–4), and shall
not be considered in determining compliance with such goals pursuant to section 1336 of such Act (12 U.S.C. 4566) and regulations,
orders, or guidelines issued thereunder.
(e) SENSE OF CONGRESS.—It is the sense of the Congress that
the securitization of mortgages by the Federal National Mortgage
Association and the Federal Home Loan Mortgage Corporation plays
an important role in providing liquidity to the United States housing
markets. Therefore, the Congress encourages the Federal National
Mortgage Association and the Federal Home Loan Mortgage Corporation to securitize mortgages acquired under the increased conforming loan limits established in this section, to the extent that
such securitizations can be effected in a timely and efficient manner
that does not impose additional costs for mortgages originated,
purchased, or securitized under the existing limits or interfere
with the goal of adding liquidity to the market.
SEC. 202. TEMPORARY LOAN LIMIT INCREASE FOR FHA.

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(a) INCREASE OF HIGH-COST AREA LIMIT.—For mortgages for
which the mortgagee has issued credit approval for the borrower
on or before December 31, 2008, subparagraph (A) of section
203(b)(2) of the National Housing Act (12 U.S.C. 1709(b)(2)(A))
shall be considered (except for purposes of section 255(g) of such
Act (12 U.S.C. 1715z–20(g))) to require that a mortgage shall involve
a principal obligation in an amount that does not exceed the lesser
of—
(1) in the case of a 1-family residence, 125 percent of
the median 1-family house price in the area, as determined
by the Secretary; and in the case of a 2-, 3-, or 4-family
residence, the percentage of such median price that bears the
same ratio to such median price as the dollar amount limitation

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PUBLIC LAW 110–185—FEB. 13, 2008

122 STAT. 621

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determined for 2008 under section 305(a)(2) of the Federal
Home Loan Mortgage Corporation Act (12 U.S.C. 1454(a)(2))
for a 2-, 3-, or 4-family residence, respectively, bears to the
dollar amount limitation determined for 2008 under such section for a 1-family residence; or
(2) 175 percent of the dollar amount limitation determined
for 2008 under such section 305(a)(2) for a residence of the
applicable size (without regard to any authority to increase
such limitation with respect to properties located in Alaska,
Guam, Hawaii, or the Virgin Islands);
except that the dollar amount limitation in effect under this subsection for any size residence for any area shall not be less than
the greater of: (A) the dollar amount limitation in effect under
such section 203(b)(2) for the area on October 21, 1998; or (B)
65 percent of the dollar amount limitation determined for 2008
under such section 305(a)(2) for a residence of the applicable size.
Any reference in this subsection to dollar amount limitations in
effect under section 305(a)(2) of the Federal Home Loan Mortgage
Corporation Act means such limitations as in effect without regard
to any increase in such limitation pursuant to section 201 of this
title.
(b) DISCRETIONARY AUTHORITY.—If the Secretary of Housing
and Urban Development determines that market conditions warrant
such an increase, the Secretary may, for the period that begins
upon the date of the enactment of this Act and ends at the end
of the date specified in subsection (a), increase the maximum dollar
amount limitation determined pursuant to subsection (a) with
respect to any particular size or sizes of residences, or with respect
to residences located in any particular area or areas, to an amount
that does not exceed the maximum dollar amount then otherwise
in effect pursuant to subsection (a) for such size residence, or
for such area (if applicable), by not more than $100,000.
(c) PUBLICATION OF AREA MEDIAN PRICES AND LOAN LIMITS.—
The Secretary of Housing and Urban Development shall publish
the median house prices and mortgage principal obligation limits,
as revised pursuant to this section, for all areas as soon as practicable, but in no case more than 30 days after the date of the
enactment of this Act. With respect to existing areas for which
the Secretary has not established area median prices before such
date of enactment, the Secretary may rely on existing commercial
data in determining area median prices and calculating such revised
principal obligation limits.

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122 STAT. 622

PUBLIC LAW 110–185—FEB. 13, 2008

TITLE III—EMERGENCY DESIGNATION
SEC. 301. EMERGENCY DESIGNATION.

For purposes of Senate enforcement, all provisions of this Act
are designated as emergency requirements and necessary to meet
emergency needs pursuant to section 204 of S. Con. Res. 21 (110th
Congress), the concurrent resolution on the budget for fiscal year
2008.
Approved February 13, 2008.

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LEGISLATIVE HISTORY—H.R. 5140:
CONGRESSIONAL RECORD, Vol. 154 (2008):
Jan. 29, considered and passed House.
Feb. 5, 6, considered and passed Senate, amended.
Feb. 7, House concurred in Senate amendment.
WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 44 (2008):
Feb. 13, Presidential remarks.

Æ

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