As ordered reported by the House Committee on Financial Services on February 29, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
0
Spending Subject to Appropriation (Outlays)
*
*
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
No
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between zero and $500,000.
Summary
H.R. 6864 would require the Secretary of the Department of Housing and Urban Development (HUD) to testify annually before the Congress on the agency’s operations, including its oversight and prevention of fraud, waste, and abuse of funding provided to grantees and the physical condition of all public and other housing that HUD supports.
Using information from the department, CBO estimates that implementing H.R. 6864 would cost less than $500,000. Any related spending would be subject to the availability of appropriated funds.