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 
VerDate Aug 31 2005 
16:00 Apr 30, 2006
Jkt 049200
PO 00000
Frm 00028
Fmt 6652
Sfmt 6201
E:\BILLS\H5207.IH
H5207
jlentini on PROD1PC65 with BILLS
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. 
VerDate Aug 31 2005 
16:00 Apr 30, 2006
Jkt 049200
PO 00000
Frm 00029
Fmt 6652
Sfmt 6201
E:\BILLS\H5207.IH
H5207
jlentini on PROD1PC65 with BILLS
‘‘(i) AUTHORIZATION OF APPROPRIATIONS.—There 
are authorized to be appropriated to the Commission to 
carry out this section $20,000,000 for fiscal year 2006, 
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. 
VerDate Aug 31 2005 
16:00 Apr 30, 2006
Jkt 049200
PO 00000
Frm 00030
Fmt 6652
Sfmt 6201
E:\BILLS\H5207.IH
H5207
jlentini on PROD1PC65 with BILLS