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US. GOVERNMENT
INFORMATION
GP
110TH CONGRESS REPORT
1st Session HOUSE OF REPRESENTATIVES 110-106
PRESERVATION APPROVAL PROCESS IMPROVEMENT
ACT OF 2007
APRIL 23, 2007.-Committed to the Committee of the Whole House on the State of
the Union and ordered to be printed
Mr. FRANK of Massachusetts, from the Committee on Financial
Services, submitted the following
REPORT
[To accompany H.R. 1675]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 1675) to suspend the requirements of the Department of
Housing and Urban Development regarding electronic filing of pre-
vious participation certificates and regarding filing of such certifi-
cates with respect to certain low-income housing investors, having
considered the same, report favorably thereon without amendment
and recommend that the bill do pass.
CONTENTS
Page
Purpose and Sum m ary ............................................................................................ 2
Background and Need for Legislation ................................................................... 2
H earings ................................................................................................................... 2
Com m ittee Consideration ........................................................................................ 2
C om m ittee V otes ...................................................................................................... 3
Com m ittee Oversight Findings .............................................................................. 3
Performance Goals and Objectives ......................................................................... 3
New Budget Authority, Entitlement Authority, and Tax Expenditures ............. 3
Com m ittee Cost Estim ate ....................................................................................... 3
Congressional Budget Office Estimate ................................................................... 3
Federal M andates Statem ent ................................................................................. 4
Advisory Com m ittee Statem ent ............................................................................. 4
Constitutional Authority Statem ent ..................................................................... 4
Applicability to Legislative Branch ....................................................................... 4
Earm ark Identification ............................................................................................ 5
Section-by-Section Analysis of the Legislation ..................................................... 5
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