AUTHORITY TO DECREASE INSURANCE PREMIUM CHARGES.

SEC. 507. AUTHORITY TO DECREASE INSURANCE PREMIUM CHARGES. (a) Permanent Provisions.—Section 2O3(c)(2) of the National Housing Act (12 U.S.C. 1709(c)(2)) is amended— (1) in subparagraph (A), by striking “equal to” and inserting “not exceeding”; and (2) in subparagraph (B)— (A) in the matter preceding clause (i), by striking “equal to” and inserting “not exceeding”; and (B) in clause (ii), by striking “equal to 0.55 percent” and inserting “not exceeding 0.55 percent”. (b) Transition Provisions.—Section 2103(b) of the Omnibus Budget Reconciliation Act of 1990 (12 U.S.C. 1709 note) is amended— (1) in paragraph (1)— (A) in subparagraph (A), by striking “equal to” and inserting “not exceeding”; and (B) in subparagraph (B), in the matter preceding clause (i), by striking “equal to” and inserting “not exceeding”; and (2) in paragraph (2)— (A) in subparagraph (A), by striking “equal to” and inserting “not exceeding”; and (B) in subparagraph (B), in the matter preceding clause (i), by striking “equal to” and inserting “not exceeding”,