mission, any such department or agency shall fur-
nish such information.
‘‘(2) ASSISTANCE
FROM
GENERAL
SERVICES
ADMINISTRATION.—The Administrator of General
Services shall provide to the Commission, on a reim-
bursable basis, such administrative support services
as the Commission may request.
‘‘(3) ASSISTANCE
FROM
DEPARTMENT
OF
HOUSING AND URBAN DEVELOPMENT.—Upon the re-
quest of the Commission, the Secretary of Housing
and Urban Development shall, to the extent possible
and subject to the discretion of the Secretary, detail
any of the personnel of the Department of Housing
and Urban Development, on a nonreimbursable
basis, to assist the Commission in carrying out its
functions under this section.
‘‘(4) MAILS.—The Commission may use the
United States mails in the same manner and under
the same conditions as other Federal agencies.
‘‘(f) STAFF.—
‘‘(1) EXECUTIVE DIRECTOR.—The Commission
shall appoint an executive director, who shall be
compensated at a rate fixed by the Commission, but
which shall not exceed the rate established for level
I of the Executive Schedule under title 5, United
States Code.
‘‘(2) OTHER PERSONNEL.—In addition to the
executive director, the Commission may appoint and
fix the compensation of such personnel as the Com-
mission considers necessary, in accordance with the
provisions of title 5, United States Code, governing
appointments to the competitive service, and the
provisions of chapter 51 and subchapter III of chap-
ter 53 of such title, relating to classification and
General Schedule pay rates.
‘‘(g) REPORTS.—Not later than March 31 of each
year, the Commission shall submit a report to the Presi-
dent and the Congress regarding the operations and activi-
ties of the Commission during the preceding calendar year.
Each annual report shall include a copy of the Commis-
sion’s financial statements and such information and other
evidence as is necessary to demonstrate that the activities
of the Commission during the year for which the report
is made. The Commission may also submit reports to the
Congress and President at such other times as the Com-
mission deems desirable.
‘‘(h) DEFINITIONS.—For purposes of this section, the
terms defined in section 257(j) shall have the same mean-
ings as provided under such section.
‘‘(i) AUTHORIZATION OF APPROPRIATIONS.—There
are authorized to be appropriated to the Commission to
carry out this section $20,000,000 for fiscal year 2003,
to remain available until expended, of which not more than
$2,500,000 shall be available for administrative costs of
the Commission and the remainder of which shall be avail-
able only for loans under subsection (c)(3).’’.
SEC. 6. STUDY OF AVAILABILITY OF SECONDARY MARKETS
FOR MORTGAGES ON CHILD CARE FACILI-
TIES.
The Secretary of the Treasury shall conduct a study
of the secondary mortgage markets to determine—
(1) whether such a market exists for purchase
of mortgages eligible for insurance under sections
223(h) and 257 of the National Housing Act (as
added by this Act);
(2) whether such a market would affect the
availability of credit available for development of
child care and development facilities or would lower
development costs of such facilities; and
(3) the extent to which such a market or other
activities to provide credit enhancement for child
care and development facilities loans is needed to
meet the demand for such facilities.
The Secretary of the Treasury shall submit to the Con-
gress a report regarding the results of the study conducted
under this section not later than the expiration of the 2-
year period beginning on the date of the enactment of this
Act.
Æ