H.R. 8302, HUD Evaluation and Optimization Commission Act of 2024
As reported by the House Committee on Financial Services on May 16, 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)
0
4
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. 8302 would establish a commission to review and evaluate programs at the Department of Housing and Urban Development (HUD) and make legislative recommendations. The bill would require the Commission to hold monthly meetings and submit a final report within 18 months of its first meeting.
Using information from HUD and the Office of Personnel Management, CBO estimates that it would cost $4 million in 2025 and 2026 to implement the bill; those costs would primarily be for staffing the commission. Any related spending would be subject to the availability of appropriated funds.