[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6864 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 488
118th CONGRESS
  2d Session
                                H. R. 6864

                          [Report No. 118-588]

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.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           December 19, 2023

  Mr. Lawler introduced the following bill; which was referred to the 
                    Committee on Financial Services

                             July 18, 2024

  Additional sponsors: Mr. Rose, Ms. De La Cruz, Mr. Edwards, and Mr. 
                                Huizenga

                             July 18, 2024

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
    [For text of introduced bill, see copy of bill as introduced on 
                           December 19, 2023]


_______________________________________________________________________

                                 A BILL


 
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.


 


    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``HUD Accountability Act of 2024''.

SEC. 2. REQUIREMENT TO TESTIFY.

     Section 7 of the Department of Housing and Urban Development Act 
(42 U.S.C. 3535) is amended by adding at the end the following new 
subsection:
    ``(u) Annual Testimony.--During the 5-year period beginning on the 
date of the enactment of this subsection, the Secretary 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 at an annual hearing and present testimony 
regarding the operations of the Department during the preceding year, 
including regarding the following topics:
            ``(1) The progress made by the Federal Government in ending 
        the affordable housing and homelessness crises.
            ``(2) The current programs and operations of the 
        Department.
            ``(3) The physical condition of all public housing and 
        other housing assisted by the Department.
            ``(4) The financial health of the mortgage insurance funds 
        of the FHA.
            ``(5) Oversight by the Department of grantees and sub-
        grantees for purposes of preventing waste, fraud, and abuse.
            ``(6) The effects of the changes made in 2017 to the 
        Federal income tax deduction for State and local taxes (known 
        as the SALT deduction) on the cost of homeownership in the 
        United States, except that this paragraph shall not apply at 
        any time that such tax deduction is in effect in the same form 
        and manner as immediately before such 2017 changes.
            ``(7) Other ongoing activities of the Department, as 
        appropriate.''.
                                                 Union Calendar No. 488

118th CONGRESS

  2d Session

                               H. R. 6864

                          [Report No. 118-588]

_______________________________________________________________________

                                 A BILL

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.

_______________________________________________________________________

                             July 18, 2024

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed