A resolution reported, authorizing expenditures by the Committee on Banking, Housing and Urban Affairs.

Summary

Authorizes the Senate Committee on Banking, Housing and Urban Affairs, or any subcommittee thereof, from March 1, 1975, through February 19, 1976, for the purposes stated and within the limitations imposed by the following sections, in its discretion: (1) to make expenditures from the contingent fund of the Senate, (2) to employ personnel, and (3) with the prior consent of the Government department or agency concerned and the Committee on Rules and Administration, to use on a reimbursable basis the services of personnel of any such department or agency. Authorizes the Committee on Banking, Housing and Urban Affairs, or any subcommittee thereof, from March 1, 1975, through February 29, 1976, to expend not to exceed $890,000 to examine, investigate, and make a complete study of any and all matters pertaining to each of the subjects set forth in this resolution. Provides that not to exceed $415,000 shall be available for a study or investigation of: (1) banking and currency generally; (2) financial aid to commerce and industry; (3) deposit insurance; (4) the Federal Reserve System, including monetary and credit policies; (5) economic stabilization, production; (6) valuation and revaluation of the dollar; (7) prices of commodities, rents, and services; (8) securities and exchange regulations; (9) credit problems of small business; and (10) international finance through agencies within legislative jurisdiction of the committee. Provides that not to exceed $240,000 shall be available for a study or investigation of public and private housing and urban affairs generally. Provides that not to exceed $145,000 shall be available for an inquiry and investigation pertaining to the securities industry. Makes available not to exceed $90,000 for oversight activities pertaining to all matters over which the committee has jurisdiction. Requires that the Committee report its findings, together with recommendations, to the Senate at the earliest practicable date, but not later than February 19, 1976. States that expenses of the committee shall be paid from the contingent fund of the Senate upon vouchers approved by the Chairman of the Committee.

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Documents

2 official files

• Reported to Senate with amendment(s)

  summary · EN · 23 July 1975

  Open at official source

• Introduced in Senate

  summary · EN · 5 February 1975

  Open at official source

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