Page 28

PUBLIC LAW 103-66—AUG. 10, 1993 107 STAT. 339 out consent pursuant to subsection (b) of this section or" after "Social Security Act"; and (B) in the first sentence of subparagraph (B)— (i) by striking claiise (i) and inserting the following: "(i) a negligent or knowing disclosure of information referred to in this section, section 303(i) of the Social Security Act, or section 6103(lX7XDXix) of the Internal Revenue Code of 1986 about such person by an of&cer or employee of any public housing agency or owner (or employee thereof), which disclosure is not author- ized by this section, such section 303(i), such section 6103(lX7XDXix), or any regulation implementing this section, such section 303(i), or such section 6103(lX7XDXix), or for which consent, pursuant to sub- section (b) of this section, has not been granted, or"; and (ii) in clause (ii), by inserting "such section 6103(lX7XDXix)," after "303(i),". (5) CONFORMING AMENDMENT.—^The heading of subsection (c) of section 904 of the Stewart B. McKinnev Homeless Assist- ance Amendments Act of 1988 is amended by striking "STATE 42 USC 3544. EMPLOYMENT". SEC. 3004. GNMA HEMIC GUARANTEE FEES. Section 306(gX3) of the National Housing Act (12 U.S.C. 1721(gX3)) is amended by adding at the end the following new subpara^aph: "(E)(i) Notwithstanding subparagraphs (A) through (D), fees charged for the guarantee of, or commitment to guarantee, multiclass securities backed by a trust or pool of securities or notes guaranteed by the Association under this subsection, and other related fees shall be charged by the Association in an amount the Association deems appropriate. The Association shall take such action as may be necessary to reasonably assure that such portion of the benefit, resulting from the Association's multiclass securities program, as the Association determines is appropriate accrues to mortgagors who execute eligible mortgages after the date of the enactment of this subparagraph. "(ii) The Association shall provide for the initial implementation of the program for which fees are charged under the first sentence of clause (i) by notice published in the Federal Register. The notice shall be effective upon publication and shall provide an opportimity for public comment. Not later than 12 months after publication Regulations of the notice, the Association shall issue regulations for such pro- gram based on the notice, comments received, and the experience of the Association in carrying out the program during such period. "(iii) The Association shall consult with persons or entities in such manner as the Association deems appropriate to ensure the efficient commencement and operation of the multiclass securi- ties program. "(iv) No State or local law, and no Federal law (except Federal law enacted expressly in limitation of this clause after the effective date of this subparagraph) shall preclude or limit the exercise by the Association of its power to contract with persons or entities, and its rights to enforce such contracts, for the purpose of ensuring the efficient commencement and continued operation of the multiclass securities program.". Federal Register, publication. Effective date.