Federal Monitor Testimony Requirement

Summary#

This bill requires that any Federal monitor or receiver who provided oversight of a public housing agency in the previous year appear before the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate. The appearance must occur not later than October 1 each year. The monitor or receiver must present testimony on management oversight of the Federal monitor or receiver.

What it means for you#

If you were a Federal monitor or receiver who oversaw a public housing agency last year, you would need to prepare and appear before the two congressional committees by October 1 each year. If you live in public housing or work for a public housing agency, the bill text itself does not change tenant benefits, rent, or funding. No publicly available information on direct effects.

Expenses#

No publicly available information on costs, budget changes, or funding in the bill text.

Proponents' View#

No publicly available information on supporters' statements or reasons in the bill text.

Opponents' View#

No publicly available information on objections or opposing statements in the bill text.