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14911 1 (2003-2004)

handle is hein.usccsset/usconset50594 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
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                     108TH CONGRESS                                       REPT.108-152
                        1st Session    HOUSE   OF  REPRESENTATIVES            Part 1






                      FINANCIAL SERVICES REGULATORY RELIEF ACT OF 2003




                                       JUNE 12, 2003.-Ordered to be printed




                           Mr.  OXLEY, from  the Committee   on Financial Services,
                                           submitted  the following



                                              REPORT


                                                together with


                                            ADDITIONAL VIEWS

                                            [To accompany H.R. 1375]

                               [Including cost estimate of the Congressional Budget Office]

                       The  Committee  on  Financial Services, to whom  was  referred the
                     bill (H.R. 1375) to provide  regulatory relief and  improve  produc-
                     tivity for insured depository institutions, and  for other purposes,
                     having  considered  the  same,  report  favorably  thereon  with  an
                     amendment   and  recommend   that the bill as amended  do pass.

                                                  CONTENTS

                                                                                      Page
                     A m endm ent  ..............................................................................................................  2
                     Purpose and Sum m ary  ...........................................................................................  30
                     Background and Need for  Legislation  ....................................................................  31
                     H earings ...................................................................................................................  32
                     Com m ittee  Consideration  .......................................................................................  32
                     C om m ittee  V otes  ......................................................................................................  32
                     Com m ittee  Oversight Findings  ...............................................................................  34
                     Perform ance  Goals  and  Objectives  ........................................................................  34
                     New Budget Authority, Eintitlement Authority, and Tax Expenditures ............        34
                     Com m ittee  Cost  Estim ate  ......................................................................................  34
                     Congressional Budget Office Cost Estimate ..........................................................  35
                     Federal M andates  Statem ent  ................................................................................  43
                     Advisory Com m ittee  Statem ent  ..............................................................................  43
                     Constitutional Authority   Statem ent  ......................................................................  43
                     Applicability  to  Legislative  Branch  ........................................................................  43
                     Section-by-Section  Analysis  ....................................................................................  44
                     Changes in Existing Law Make by the Bill, as Reported ...................................  57
                     A dditional  V iew s  ......................................................................................................  138


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