12 2 STA T . 2 659PUBLIC LA W 11 0– 2 8 9 —J UL Y3 0 , 2008 TI T LE III —R E V E NU E P R O VI S IONS S ubti t leA — G e n e ra lPr ov i s ions Se c.3081 . Election to accelerate t h eA M Tan d research credits in lieu o f bonus de -p reciation. Sec. 308 2 . C ertain GO Z one incentives. Sec. 3083. Increase in statutor y li m it on the public debt. Subtitle B —Revenue Offsets Sec. 30 9 1. Returns relatin g to payments made in settlement of payment card and third party net w or k transactions. Sec. 3092. Gain from sale of principal residence allocated to non q ualified use not e x cluded from income. Sec. 3093. D elay in application of worldwide allocation of interest. Sec. 309 4 . Time for payment of corporate estimated taxes. DIV I S I ONA—H O U SIN GF INAN CER EFOR MSEC.10 01. S HORT T I T L E. Thisd i v isi onmaybec i t ed as the ‘ ‘ F ede r a lH o u sin g Finance R egulatory Re f orm A ct of 20 0 8’ ’ . SEC. 100 2 . D E F I N ITIONS. ( a ) F ED E RALS A F E TY A N DS OU NDNE S SA C T D EF I NITIONS. — Sec - tion 13 03 of the Federal Housing E nter p rises Financial Safety and Soundness Act of 1 9 92 (12 U .S. C . 45 02) is amended— (1) in each of paragraphs (8) , (9), (10), and (19), by stri k ing ‘‘Secretary’’ each place that term appears and inserting ‘‘Director’’
(2) by redesignating paragraphs (1 6 ) through (19) as para- graphs (21) through (24), respectively; (3) by striking paragraphs (13) through (15) and inserting the follo w ing
‘‘(19) O FFICE OF FINANCE.—The term ‘Office of Finance’ means the Office of Finance of the Federal Home L oan B ank System (or any successor thereto). ‘‘(20) RE G ULATED ENTITY.—The term ‘regulated entity’ means— ‘‘(A) the Federal N ational M ortgage Association and any affiliate thereof; ‘‘(B) the Federal Home Loan Mortgage Corporation and any affiliate thereof; and ‘‘(C) any Federal Home Loan Bank.’’; (4) by redesignating paragraphs (11) and (12) as paragraphs (1 7 ) and (18), respectively; (5) by redesignating paragraph (7) as paragraph (12); (6) by redesignating paragraphs (8) through (10) as para- graphs (14) through (16), respectively; (7) in paragraph (5)— (A) by striking ‘‘(5)’’ and inserting ‘‘(9)’’; and (B) by striking ‘‘Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development’’ and inserting ‘‘Federal Housing Finance Agency’’; (8) by redesignating paragraph (6) as paragraph (10); (9) by redesignating paragraphs (2) through (4) as para- graphs (5) through (7), respectively; 12USC450 1 note.F e d e ralH o usi n g Finan c e R egulator y Re f or mA ct of 200 8 .
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