Page:United States Statutes at Large Volume 107 Part 1.djvu/364

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107 STAT. 338 PUBLIC LAW 103-66 —AUG. 10, 1993 striking 'The net earnings derived" and inserting "(b) USE OF EARNINGS TRANSFERRED TO THE TREASURY. —The net earnings derived". (2) The last undesignated paragraph of section 7 of the Federal Reserve Act (12 U.S.C. 531) is amended by striking "Federal reserve banks" and inserting "(c) EXEMPTION FROM TAXATION.—Federal reserve banks". SEC. 3003. USE OF RETURN DATA FOR INCOME VERIFICATION UNDER CERTAIN HOUSING ASSISTANCE PROGRAMS. Section 904 of the Stewart B. McKinney Homeless Assistance Amendments Act of 1988 (42 U.S.C. 3544) is amended as follows: (1) DEFINITION.— In subsection (a), by adding at the end the following: " (4) PROGRAM OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. — The term 'program of the Department of Housing and Urban Development' includes Indian housing programs assisted under title II of the United States Housing Act of 1937.". (2) CONSENT FORMS.— In subsection (b)— (A) in paragraph (1), by striking "and" at the end; (B) in paragraph (2), by striking the period at the end and inserting "; and"; (C) by inserting after paragraph (2) the following new paragraph: "(3) sign a consent form approved by the Secretary authorizing the Secretary to request the Commissioner of Social Security and the Secretary of the Treasury to release information pursuant to section 6103(l)(7)(D)(ix) of the Internal Revenue Code of 1986 with respect to such applicant or participant for the sole purpose of the Secretary verifying income information pertinent to the applicant's or participant's eligibility or level of benefits."; and (D) in the last sentence, by striking "This" and inserting the following: "Except as provided in this subsection, this". (3) APPLICANT, PARTICIPANT, AND PUBLIC HOUSING AGENCY PROTECTIONS. —In Subsection (c)(2)— (A) in subparagraph (A>— (i) in the matter preceding clause (i)— (I) by inserting after "compensation law" the following: "or pursuant to section 6103(l)(7)(D)(ix) of the Internal Revenue Code of 1986 from the Commissioner of Social Security or the Secretary of the Treasiuy"; and (II) by inserting "(in the case of information obtained pursuant to such section 303(i))" before "representatives"; and (ii) in clause (ii), by inserting "or public housing agency" after "ownei^ each place it appears; and (B) in subparagraph (B), by inserting after "wages" each place it appears the following: ", other earnings or income,". (4) PENALTY.—In subsection (c)(3)— (A) in subparagraph (A), by inserting "or section 6103(l)(7)(D)(ix) of the Internal Revenue Code of 1986 with-