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H. Rept. 118-588 1 (2024-07-18)

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US. GOVERNMENT
INFORMATION
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                     118TH CONGRESS                                          REPORT
                        2d Session     HOUSE   OF  REPRESENTATIVES           118-588







                                  HUD   ACCOUNTABILITY ACT OF 2024



                      JULY 18, 2024.-Committed to the Committee of the Whole House on the State of
                                        the Union and ordered to be printed



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


                                              REPORT

                                            [To accompany H.R. 6864]

                               [Including cost estimate of the Congressional Budget Office]

                       The  Committee  on  Financial Services, to whom  was  referred the
                     bill (H.R. 6864) to amend  the  Department   of Housing  and  Urban
                     Development   Act to require  the Secretary  of Housing  and  Urban
                     Development   to testify on an  annual  basis  before the  Congress,
                     having  considered  the  same,  reports favorably  thereon  with  an
                     amendment   and  recommends   that the bill as amended  do pass.

                                                  CONTENTS
                                                                                      Page
                     Purpose and Sum m ary  ............................................................................................  2
                     Background and Need for  Legislation  ....................................................................  2
                     R elated  H earings  .....................................................................................................  3
                     Com m ittee  Consideration  ........................................................................................  3
                     C om m ittee  V otes  .....................................................................................................  3
                     Com m ittee  Oversight Findings  ...............................................................................  5
                     Perform ance  Goals  and  Objectives  .........................................................................  5
                     Congressional Budget Office  Estimates   .................................................................  5
                     New Budget Authority, Entitlement Authority, and Tax Expenditures .............     6
                     Federal M andates  Statem ent  .................................................................................  6
                     Advisory Com m ittee  Statem ent  ..............................................................................  6
                     Applicability  to  Legislative  Branch  ........................................................................  6
                     Earm ark Identification  ............................................................................................  6
                     Duplication of Federal Program s  ............................................................................  6
                     Section-by-Section  Analysis of the  Legislation  ......................................................  6
                     Changes in Existing Law Made by the Bill, as Reported .................             7
                       The amendment is   as follows:
                       Strike all after the enacting clause and insert the following:

                     SECTION 1. SHORT TITLE.
                     This Act may be cited as the HUD Accountability Act of 2024.
                        49-006

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