datamatters24/research-document-archive huggingface dataset:
‘‘(D) TRANSITION
PERIOD.—Not later 
than the end of the academic year in which the 
Homeless Education Improvement Act of 2007 
is enacted, the transition referred to in sub-
paragraph (B) shall be complete. 
‘‘(f) FUNCTIONS
OF
THE
OFFICE
OF
COORDI-
NATOR.—The Coordinator for Education of Homeless 
Children and Youths established in each State shall— 
‘‘(1) gather and make publicly available reliable, 
valid, and comprehensive information on the nature 
and extent of the problems homeless children and 
youths have in gaining access to State-funded or 
local educational agency-funded preschool programs 
and to public elementary schools and secondary 
schools, the difficulties in identifying the special 
needs and barriers to participation and achievement 
of such children and youths, any progress made by 
the State educational agency and local educational 
agencies in the State in addressing such problems 
and difficulties, and the success of the programs 
under this Part in allowing homeless children and 
youths to enroll in, attend, and succeed in, school; 
‘‘(2) develop and carry out the State plan de-
scribed in subsection (g); 
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(68) in item number 2781 by striking the 
project description and inserting ‘‘Highway and road 
signage, road construction, and other transportation 
improvement and enhancement projects on or near 
Highway 26, in Riverton and surrounding areas’’; 
(69) in item number 2430 by striking ‘‘200 
South Interchange’’ and inserting ‘‘400 South Inter-
change’’; 
(70) by striking item number 20; 
(71) 
in 
item 
number 
424 
by 
striking 
‘‘$264,000’’ and inserting ‘‘$644,000’’; 
(72) in item number 1210 by striking the 
project description and inserting ‘‘Town of New 
Windsor—Riley Road, Shore Drive, and area road 
improvements’’; 
(73) by striking item numbers 68, 905, and 
1742; 
(74) in item number 1059 by striking 
‘‘$240,000’’ and inserting ‘‘$420,000’’; 
(75) in item number 2974 by striking 
‘‘$120,000’’ and inserting ‘‘$220,000’’; 
(76) by striking item numbers 841, 960, and 
2030; 
(77) in item number 1278 by striking 
‘‘$740,000’’ and inserting ‘‘$989,600’’; 
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II 
Calendar No. 5 
110TH CONGRESS 
1ST SESSION 
H. R. 2 
IN THE SENATE OF THE UNITED STATES 
JANUARY 10, 2007 
Received and read the first time 
JANUARY 11, 2007 
Read the second time and placed on the calendar 
AN ACT 
To amend the Fair Labor Standards Act of 1938 to provide 
for an increase in the Federal minimum wage. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Fair Minimum Wage 
Act of 2007’’. 
SEC. 2. MINIMUM WAGE. 
(a) IN GENERAL.—Section 6(a)(1) of the Fair Labor 
Standards Act of 1938 (29 U.S.C. 206(a)(1)) is amended 
to read as follows: 
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HR 2 PCS
‘‘(1) except as otherwise provided in this sec-
tion, not less than— 
‘‘(A) $5.85 an hour, beginning on the 60th 
day after the date of enactment of the Fair 
Minimum Wage Act of 2007; 
‘‘(B) $6.55 an hour, beginning 12 months 
after that 60th day; and 
‘‘(C) $7.25 an hour, beginning 24 months 
after that 60th day;’’. 
(b) EFFECTIVE DATE.—The amendment made by 
subsection (a) shall take effect 60 days after the date of 
enactment of this Act. 
SEC. 3. APPLICABILITY OF MINIMUM WAGE TO THE COM-
MONWEALTH OF THE NORTHERN MARIANA 
ISLANDS. 
(a) IN GENERAL.—Section 6 of the Fair Labor 
Standards Act of 1938 (29 U.S.C. 206) shall apply to the 
Commonwealth of the Northern Mariana Islands. 
(b) TRANSITION.—Notwithstanding subsection (a), 
the minimum wage applicable to the Commonwealth of the 
Northern Mariana Islands under section 6(a)(1) of the 
Fair Labor Standards Act of 1938 (29 U.S.C. 206(a)(1)) 
shall be— 
(1) $3.55 an hour, beginning on the 60th day 
after the date of enactment of this Act; and 
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HR 2 PCS
(2) increased by $0.50 an hour (or such lesser 
amount as may be necessary to equal the minimum 
wage under section 6(a)(1) of such Act), beginning 
6 months after the date of enactment of this Act 
and every 6 months thereafter until the minimum 
wage applicable to the Commonwealth of the North-
ern Mariana Islands under this subsection is equal 
to the minimum wage set forth in such section. 
Passed the House of Representatives January 10, 
2007. 
Attest: 
KAREN L. HAAS, 
Clerk. 
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Calendar No. 5 
110TH CONGRESS 
1ST SESSION 
H. R. 2 
AN ACT 
To amend the Fair Labor Standards Act of 1938 
to provide for an increase in the Federal min-
imum wage. 
JANUARY 11, 2007 
Read the second time and placed on the calendar 
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‘‘(3) collect and transmit to the Secretary, at 
such time and in such manner as the Secretary may 
require, reports containing such information as the 
Secretary determines is necessary to assess the edu-
cational needs of all homeless children and youths 
within the State, including data requested pursuant 
to subsection (h) of section 724; 
‘‘(4) in order to improve identification of home-
less children and youths and to improve the provi-
sion of comprehensive education and related services 
to homeless children and youths and their families, 
and to minimize educational disruption, coordinate 
and collaborate with— 
‘‘(A) educators, including special education 
personnel, State-funded or local educational 
agency-funded preschool personnel, and per-
sonnel from programs provided under titles I, 
III, and IV of the Elementary and Secondary 
Education Act of 1965 and similar State pro-
grams; 
‘‘(B) providers of services to homeless chil-
dren and youths and families, including public 
and private child welfare and social services 
agencies, law enforcement, juvenile and family 
courts, agencies providing mental health serv-
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ices, domestic violence agencies, child care pro-
viders, runaway and homeless youth centers, 
and services and programs funded under the 
Runaway and Homeless Youth Act (42 U.S.C. 
5701 et seq.); 
‘‘(C) providers of emergency, transitional, 
and permanent housing to homeless children, 
youths, and families, including public housing 
agencies, shelter operators, transitional housing 
facilities, and transitional living programs for 
homeless youths; 
‘‘(D) local educational agency liaisons des-
ignated under subsection (g)(1)(J)(ii) for home-
less children and youths; and 
‘‘(E) community organizations and groups 
representing homeless children and youths and 
their families; and 
‘‘(5) provide technical assistance to and conduct 
monitoring of local educational agencies, in coordina-
tion with local educational agency liaisons designated 
under subsection (g)(1)(J)(ii), to ensure that local 
educational agencies comply with the requirements 
of section 722(e)(3) and paragraphs (3) through (7) 
of subsection (g). 
‘‘(g) STATE PLAN.— 
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345 
‘‘(ii) the date on which the cause of ac-
tion accrues. 
‘‘(13) REVIVAL OF EXPIRED STATE CAUSES OF 
ACTION.— 
‘‘(A) IN GENERAL.—In the case of any tort 
claim described under subparagraph (B) for 
which the statute of limitations applicable under 
State law with respect to such claim has expired 
not more than 5 years before the appointment of 
the Agency as conservator or receiver, the Agency 
may bring an action as conservator or receiver 
on such claim without regard to the expiration 
of the statute of limitation applicable under 
State law. 
‘‘(B) CLAIMS DESCRIBED.—A tort claim re-
ferred to under subparagraph (A) is a claim 
arising from fraud, intentional misconduct re-
sulting in unjust enrichment, or intentional mis-
conduct resulting in substantial loss to the regu-
lated entity. 
‘‘(14) ACCOUNTING
AND
RECORDKEEPING
RE-
QUIREMENTS.— 
‘‘(A) IN GENERAL.—The Agency as conser-
vator or receiver shall, consistent with the ac-
counting and reporting practices and procedures
316 
nually by the President of the United States, and 
the remainder of whom’’ and inserting ‘‘13 per-
sons, or such other number that the Director de-
termines appropriate, who’’; 
(B) in the second sentence, by striking ‘‘ap-
pointed by the President’’; 
(C) in the third sentence— 
(i) by striking ‘‘appointed or’’; and 
(ii) by striking ‘‘, except that any such 
appointed member may be removed from of-
fice by the President for good cause’’; 
(D) in the fourth sentence, by striking ‘‘elec-
tive’’; and 
(E) by striking the fifth sentence. 
(2) TRANSITIONAL PROVISION.—The amendments 
made by paragraph (1) shall not apply to any ap-
pointed position of the board of directors of the Fed-
eral National Mortgage Association until the expira-
tion of the annual term for such position during 
which the effective date under section 1163 occurs. 
(b) FREDDIE MAC.— 
(1) IN GENERAL.—Section 303(a)(2) of the Fed-
eral Home Loan Mortgage Corporation Act (12 
U.S.C. 1452(a)(2)) is amended— 
(A) in subparagraph (A)—
‘‘(6) TREASURY INVESTMENTS.— 
‘‘(A) AUTHORITY.—The Director may re-
quest the Secretary of the Treasury to invest such 
portions of amounts received by the Director 
from assessments paid under this section that, in 
the Director’s discretion, are not required to meet 
the current working needs of the Agency. 
‘‘(B) GOVERNMENT
OBLIGATIONS.—Pursu-
ant to a request under subparagraph (A), the 
Secretary of the Treasury shall invest such 
amounts in Government obligations guaranteed 
as to principal and interest by the United States 
with maturities suitable to the needs of the Agen-
cy and bearing interest at a rate determined by 
the Secretary of the Treasury taking into consid-
eration current market yields on outstanding 
marketable obligations of the United States of 
comparable maturity. 
‘‘(g) BUDGET AND FINANCIAL MANAGEMENT.— 
‘‘(1) FINANCIAL OPERATING PLANS AND FORE-
CASTS.—The Director shall provide to the Director of 
the Office of Management and Budget copies of the 
Director’s financial operating plans and forecasts, as 
prepared by the Director in the ordinary course of the 
Agency’s operations, and copies of the quarterly re-
328 
‘‘(b) ADVANCES.—The Director of the Office of Thrift 
Supervision may require of the respective banks, and they 
shall make to the Director of the Office of Thrift Super-
vision, such advances of funds for the purposes set out in 
subsection (a) as in the sole judgment of the Director of 
the Office of Thrift Supervision may from time to time be 
advisable. Such advances shall be apportioned by the Direc-
tor of the Office of Thrift Supervision among the banks in 
proportion to the total assets of the respective banks, deter-
mined in such manner and as of such times as the Director 
of the Office of Thrift Supervision may prescribe. Each such 
advance shall bear interest at the rate of 41⁄2 per centum 
per annum from the date of the advance and shall be repaid 
by the Director of the Office of Thrift Supervision in such 
installments and over such period, not longer than twenty- 
five years from the making of the advance, as the Director 
of the Office of Thrift Supervision may determine. Pay-
ments of interest and principal upon such advances shall 
be made from receipts of the Director of the Office of Thrift 
Supervision or from other sources which may from time to 
time be available to the Director of the Office of Thrift Su-
pervision. The obligation of the Director of the Office of 
Thrift Supervision to make any such payment shall not be 
regarded as an obligation of the United States. To such ex-
tent as the Director of the Office of Thrift Supervision may
346 
established by the Agency, maintain a full ac-
counting of each conservatorship and receiver-
ship or other disposition of a regulated entity in 
default. 
‘‘(B) ANNUAL ACCOUNTING OR REPORT.— 
With respect to each conservatorship or receiver-
ship, the Agency shall make an annual account-
ing or report available to the Board, the Comp-
troller General of the United States, the Com-
mittee on Banking, Housing, and Urban Affairs 
of the Senate, and the Committee on Financial 
Services of the House of Representatives. 
‘‘(C) AVAILABILITY OF REPORTS.—Any re-
port prepared under subparagraph (B) shall be 
made available by the Agency upon request to 
any shareholder of a regulated entity or any 
member of the public. 
‘‘(D) 
RECORDKEEPING
REQUIREMENT.— 
After the end of the 6-year period beginning on 
the date that the conservatorship or receivership 
is terminated by the Director, the Agency may 
destroy any records of such regulated entity 
which the Agency, in the discretion of the Agen-
cy, determines to be unnecessary unless directed
(D) by substituting ‘‘after December 27, 
2006, and before June 26, 2007’’ for ‘‘after 
February 28, 2005, and before August 29, 
2005’’ in subsection (b)(2)(B)(ii), 
(E) by substituting ‘‘beginning on June 
26, 2007, and ending on December 27, 2007’’ 
for ‘‘beginning on August 25, 2005, and ending 
on February 28, 2006’’ in subsection (b)(3)(A), 
(F) by substituting ‘‘qualified storm indi-
vidual’’ for ‘‘qualified Hurricane Katrina indi-
vidual’’ each place it appears, 
(G) by substituting ‘‘December 31, 2008’’ 
for 
‘‘December 
31, 
2006’’ 
in 
subsection 
(c)(2)(A), 
(H) by substituting ‘‘beginning on the date 
of the enactment of the Kansas Flood Recovery 
and Economic Opportunity Act of 2007, and 
ending on December 31, 2008’’ for ‘‘beginning 
on September 24, 2005, and ending on Decem-
ber 31, 2006’’ in subsection (c)(4)(A)(i), 
(I) by substituting ‘‘June 26, 2007’’ for 
‘‘August 25, 2005’’ in subsection (c)(4)(A)(ii), 
and 
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‘‘(1) IN GENERAL.—Each State shall submit to 
the Secretary and implement a plan to provide for 
the education of all homeless children and youths 
within the State. Such plan shall include the fol-
lowing: 
‘‘(A) A description of how such children 
and youths are (or will be) given the oppor-
tunity to meet the same challenging State aca-
demic achievement standards all students are 
expected to meet. 
‘‘(B) A description of the procedures the 
State educational agency will use to identify 
such children and youths in the State and to 
assess their special needs. 
‘‘(C) A description of procedures for the 
prompt resolution of disputes arising under this 
Part, which shall— 
‘‘(i) ensure that local educational 
agencies have developed dispute resolution 
procedures which, at a minimum— 
‘‘(I) are developed in coordina-
tion and collaboration with the liai-
sons 
designated 
under 
subsection 
(g)(1)(J)(ii); 
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‘‘(II) are accessible to parents 
and guardians of homeless children 
and 
youths 
and 
unaccompanied 
youths; 
‘‘(III) 
provide 
such 
parents, 
guardians, and youths with sufficient 
opportunity to present their com-
plaints; and 
‘‘(IV) designate decisionmakers 
who have received training on the re-
quirements of this Part; 
‘‘(ii) ensure that parents and guard-
ians of homeless children and youths and 
unaccompanied youths who have exhausted 
the procedures available under clause (i) 
are able to appeal to the State educational 
agency, which shall render decisions that 
are binding on the relevant local edu-
cational agencies; 
‘‘(iii) define the role of the Coordi-
nator for Education of Homeless Children 
and Youths in resolving disputes appealed 
to the State educational agency; 
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347 
not to do so by a court of competent jurisdiction 
or governmental agency, or prohibited by law. 
‘‘(15) FRAUDULENT TRANSFERS.— 
‘‘(A) IN GENERAL.—The Agency, as conser-
vator or receiver, may avoid a transfer of any 
interest of a regulated entity-affiliated party, or 
any person who the conservator or receiver deter-
mines is a debtor of the regulated entity, in 
property, or any obligation incurred by such 
party or person, that was made within 5 years 
of the date on which the Agency was appointed 
conservator or receiver, if such party or person 
voluntarily or involuntarily made such transfer 
or incurred such liability with the intent to 
hinder, delay, or defraud the regulated entity, 
the Agency, the conservator, or receiver. 
‘‘(B) RIGHT OF RECOVERY.—To the extent a 
transfer is avoided under subparagraph (A), the 
conservator or receiver may recover, for the ben-
efit of the regulated entity, the property trans-
ferred, or, if a court so orders, the value of such 
property (at the time of such transfer) from— 
‘‘(i) the initial transferee of such trans-
fer or the regulated entity-affiliated party
342 
‘‘(A) PRIOR
FINAL
ADJUDICATION.—The 
Agency shall abide by any final unappealable 
judgment of any court of competent jurisdiction 
which was rendered before the appointment of 
the Agency as conservator or receiver. 
‘‘(B) RIGHTS AND REMEDIES OF CONSER-
VATOR OR RECEIVER.—In the event of any ap-
pealable judgment, the Agency as conservator or 
receiver shall— 
‘‘(i) have all the rights and remedies 
available to the regulated entity (before the 
appointment of such conservator or receiver) 
and the Agency, including removal to Fed-
eral court and all appellate rights; and 
‘‘(ii) not be required to post any bond 
in order to pursue such remedies. 
‘‘(C) NO ATTACHMENT OR EXECUTION.—No 
attachment or execution may issue by any court 
upon assets in the possession of the receiver. 
‘‘(D) LIMITATION ON JUDICIAL REVIEW.— 
Except as otherwise provided in this subsection, 
no court shall have jurisdiction over— 
‘‘(i) any claim or action for payment 
from, or any action seeking a determination 
of rights with respect to, the assets of any
American education content standards in math-
ematics and science not later than 3 years after 
the receipt of the grant. 
‘‘(C) Align the State academic assessments 
in mathematics and science (or develop new 
such State academic assessments that are 
aligned) with the voluntary American education 
content standards in mathematics and science 
not later than 4 years after the receipt of the 
grant. 
‘‘(D) Align the State levels of achievement 
in mathematics and science with the student 
achievement levels in mathematics and science 
developed under section 303(e) for the national 
and State assessments of the National Assess-
ment of Educational Progress not later than 4 
years after the receipt of the grant. 
‘‘(E) Develop dissemination, technical as-
sistance, and professional development activities 
for the purpose of educating local educational 
agencies and schools on what the standards 
adopted by the State educational agency under 
this section are and how the standards can be 
incorporated into classroom instruction. 
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ccoleman on PROD1PC71 with BILLS
MENTS.—On October 1 of each of fis-
cal years 2009 through 2012, the sum 
for all States for such fiscal year (the 
‘current fiscal year’) of the excess (if 
any) for each State of— 
‘‘(aa) the allotment made for 
the State under subsection (b), 
(c), or (i) for the fiscal year pre-
ceding the current fiscal year (re-
duced by any amounts set aside 
under section 2111(a)(3)) that is 
not expended by the end of such 
preceding fiscal year, over 
‘‘(bb) an amount equal to 
the applicable percentage (for the 
fiscal year) of the allotment made 
for the State under subsection 
(b), (c), or (i) (as so reduced) for 
such preceding fiscal year. 
For purposes of item (bb), the appli-
cable percentage is 20 percent for fis-
cal year 2009, and 10 percent for 
each of fiscal years 2010, 2011, and 
2012. 
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343 
regulated entity for which the Agency has 
been appointed receiver; or 
‘‘(ii) any claim relating to any act or 
omission of such regulated entity or the 
Agency as receiver. 
‘‘(E) DISPOSITION
OF
ASSETS.—In exer-
cising any right, power, privilege, or authority 
as conservator or receiver in connection with any 
sale or disposition of assets of a regulated entity 
for which the Agency has been appointed conser-
vator or receiver, the Agency shall conduct its 
operations in a manner which maintains sta-
bility in the housing finance markets and, to the 
extent consistent with that goal— 
‘‘(i) maximizes the net present value 
return from the sale or disposition of such 
assets; 
‘‘(ii) minimizes the amount of any loss 
realized in the resolution of cases; and 
‘‘(iii) ensures adequate competition 
and fair and consistent treatment of 
offerors. 
‘‘(12) STATUTE OF LIMITATIONS FOR ACTIONS 
BROUGHT BY CONSERVATOR OR RECEIVER.—
‘‘(iv) include procedures to resolve dis-
putes between local educational agencies 
promptly; 
‘‘(v) ensure that homeless children 
and youths are enrolled in school pursuant 
to subsection (g)(3)(E) and receive trans-
portation 
pursuant 
to 
subsection 
(g)(1)(J)(iii) pending final resolution of 
disputes, including all available local and 
State dispute resolution procedures and 
pending legal actions, paying particular at-
tention to ensuring enrollment in cases of 
disputes between local educational agen-
cies; and 
‘‘(vi) include procedures for State or 
local educational agencies to determine the 
need for, and ensure the delivery of, addi-
tional academic support in cases where a 
local educational agency has unlawfully de-
nied a student access to school or school 
services, including transportation. 
‘‘(D) A description of programs for school 
and personnel (including liaisons, principals, at-
tendance officers, teachers, enrollment per-
sonnel, and pupil services personnel) to height-
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