To require Federal monitors and receivers of public housing agencies to testify before the Committee on Financial Services of t...
Officially: “To require Federal monitors and receivers of public housing agencies to testify before the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate.” Read the full text
What it does
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1Federal monitor and receiver testimony
This section would require any Federal monitor or receiver that provided oversight of a public housing agency (as defined in section 3(b) of the United States Housing Act of 1937, 42 U.S.C. 1437a(b)) during the previous year to appear before the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs. The appearance must happen no later than October 1 of each year, and the monitor or receiver must present testimony on the management oversight of that Federal monitor or receiver.
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1. Federal monitor and receiver testimony Not later than October 1 of each year, any Federal monitor or receiver that has provided oversight of a public housing agency (as such term is defined in section 3(b) of the United States Housing Act of 1937 ( 42 U.S.C. 1437a(b) )) in the previous year shall appear before the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate and present testimony on management oversight of the Federal monitor or receiver.
Where it is
In the House.