SA 795. Mr. COBURN submitted an amendment intended to be proposed by him to the bill H.R. 2112, making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies programs for the fiscal year ending September 30, 2012, and for other purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:
Sec. __. The Secretary of Housing and Urban Development--

(1) shall cancel any funding obligated for a construction or renovation project for which the Department of Housing and Urban Development committed to provide $50,000 or more that--
(A) commenced before the date that is 5 years before the date of enactment of this Act;
(B) is not complete;
(C) did not draw funds against a Department of Housing and Urban Development account during the 18-month period ending on the date of enactment of this Act;
(D) on the date of enactment of this Act, is vacant and has not been sold or leased; or
(E) has not drawn funds against a Department of Housing and Urban Development account, if, on the date of enactment of this Act, funds have been obligated for the project for more than 1 year;
(2) may not provide any funding on or after the date of enactment of this Act for a project described in paragraph (1); and
(3) shall transfer any funds deobligated under paragraph (1) or made available to carry out a project described in paragraph (1) to the general fund of the Treasury and are hereby rescinded.


(As printed in the Congressional Record for the Senate on Oct 18, 2011.)