TITLE IX--AMENDMENTS TO OTHER LAWS
PART G--AMENDMENTS TO OTHER STATUTES
SEC. 972. GNMA GUARANTEE FEE
(a) IN GENERAL- Section 306(g)(3)(A) of the National Housing Act (12 U.S.C. 1721(g)(3)(A)) is amended by striking `No fee or charge' and all that follows through `States)' and inserting `The Association shall assess and collect a fee in an amount equal to nine basis points'.
(b) EFFECTIVE DATE- The amendment made by this section shall take effect on October 1, 2004.
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