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![handle is hein.usccsset/usconset50722 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
GP
108TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 108-725
MILITARY PERSONNEL FINANCIAL SERVICES
PROTECTION ACT
OCTOBER 5, 2004.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Mr. OXLEY, from the Committee on Financial Services,
submitted the following
REPORT
together with
SUPPLEMENTAL VIEWS
[To accompany H.R. 5011]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 5011) to prevent the sale of abusive insurance and invest-
ment products to military personnel, 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 ............................................................................................ 7
Background and Need for Legislation ................................................................... 7
H earings ................................................................................................................... 9
Com m ittee Consideration ........................................................................................ 9
C om m ittee V otes ...................................................................................................... 9
Com m ittee Oversight Findings ............................................................................... 10
Perform ance Goals and Objectives ......................................................................... 10
New Budget Authority, Entitlement Authority, and Tax Expenditures ............. 10
Com m ittee Cost Estim ate ....................................................................................... 11
Congressional Budget Office Estimate ................................................................... 11
Federal M andates Statem ent ................................................................................. 12
Advisory Com m ittee Statem ent .............................................................................. 12
Constitutional Authority Statem ent ...................................................................... 12
Applicability to Legislative Branch ........................................................................ 12
Exchange of Committee Correspondence ............................................................... 12
Section-by-Section Analysis of the Legislation ...................................................... 13
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