
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 42USC3534]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
         CHAPTER 44--DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
Sec. 3534. Transfer of functions


(a) Housing and Home Finance Agency, Federal Housing Administration, and 
        Public Housing Administration

    Except as otherwise provided in subsection (b) of this section, 
there are hereby transferred to and vested in the Secretary all of the 
functions, powers, and duties of the Housing and Home Finance Agency, of 
the Federal Housing Administration and the Public Housing Administration 
in that Agency, and of the heads and other officers and offices of said 
agencies.

(b) Government National Mortgage Association

    The Government National Mortgage Association, together with its 
functions, powers, and duties, is hereby transferred to the Department.

(c) Studies of organization of housing and urban development functions 
        and programs and recommendations regarding transfer of such 
        functions and programs to or from Department

    The President shall undertake studies of the organization of housing 
and urban development functions and programs within the Federal 
Government, and he shall provide the Congress with the findings and 
conclusions of such studies, together with his recommendations regarding 
the transfer of such functions and programs to or from the Department. 
Notwithstanding any other provision of this chapter, none of the 
functions of the Secretary of the Interior authorized under the Land and 
Water Conservation Fund Act of 1965 [16 U.S.C. 460l-4 et seq.] or other 
functions carried out by the Bureau of Outdoor Recreation shall be 
transferred from the Department of the Interior or in any way be limited 
geographically unless specifically provided for by reorganization plan 
pursuant to provisions of chapter 9 of title 5, or by statute.

(d) Prohibition of merger of Office

    Notwithstanding any other provision of this chapter, the Secretary 
may not merge or consolidate the Office of Federal Housing Enterprise 
Oversight of the Department, or any of the functions or responsibilities 
of such Office, with any function or program administered by the 
Secretary.

(Pub. L. 89-174, Sec. 5, Sept. 9, 1965, 79 Stat. 669; Pub. L. 90-83, 
Sec. 10(b), Sept. 11, 1967, 81 Stat. 223; Pub. L. 90-448, title VIII, 
Sec. 807(c), Aug. 1, 1968, 82 Stat. 544; Pub. L. 102-550, title XIII, 
Sec. 1352, Oct. 28, 1992, 106 Stat. 3969.)

                       References in Text

    The Land and Water Conservation Fund Act of 1965, referred to in 
subsec. (c), is Pub. L. 88-578, Sept. 3, 1964, 78 Stat. 897, as amended, 
which is classified generally to part B (Sec. 460l-4 et seq.) of 
subchapter LXIX of chapter 1 of Title 16, Conservation. For complete 
classification of this Act to the Code, see Short Title note set out 
under section 460l-4 of Title 16 and Tables.

                          Codification

    In subsec. (c) ``chapter 9 of title 5'' substituted for ``the 
Reorganization Act of 1949, as amended,'' on authority of Pub. L. 89-
554, Sec. 7(b), Sept. 6, 1966, 80 Stat. 631, the first section of which 
enacted Title 5, Government Organization and Employees.
    Section was formerly classified to section 624c of former Title 5, 
Executive Departments and Government Officers and Employees, prior to 
the general revision and enactment of Title 5, Government Organization 
and Employees by Pub. L. 89-554, Sec. 1, Sept. 1, 1966, 80 Stat. 378.


                               Amendments

    1992--Subsec. (d). Pub. L. 102-550 added subsec. (d).
    1968--Subsec. (b). Pub. L. 90-448 substituted ``Government National 
Mortgage Association'' for ``Federal National Mortgage Association'', 
and struck out provisions which allocated the position of the President 
of the Federal National Mortgage Association among the positions 
referred to in section 3535(c) of this title.
    1967--Subsec. (b). Pub. L. 90-83 struck out ``and the item numbered 
(94) of section 303(e) of the Federal Executive Salary Act of 1964 of 
this title'' after ``The next to the last sentence of section 1723 of 
title 12'' in repealing provision.


                    Effective Date of 1968 Amendment

    Amendment by Pub. L. 90-448 effective from and after a date, no more 
than 120 days following Aug. 1, 1968, as established by the Secretary of 
Housing and Urban Development, see section 808 of Pub. L. 90-448, set 
out as an Effective Date note under section 1716b of Title 12, Banks and 
Banking.

                          Transfer of Functions

    Pub. L. 89-174, Sec. 9(c), Sept. 9, 1965, 79 Stat. 670, set out as a 
note under section 3531 of this title, provides that references to the 
Housing and Home Finance Agency or to any agency or officer therein are 
to be deemed to mean the Secretary of Housing and Urban Development, 
pursuant to the transfer of functions under this section, and that the 
Housing and Home Finance Agency and the Public Housing Administration, a 
constituent agency therein, have lapsed.

                  Section Referred to in Other Sections

    This section is referred to in section 3535 of this title.
