datamatters24/research-document-archive huggingface dataset:
•HCON 6 IH 
teach them patriotism, courage, self-reliance, and kindred 
virtues. 
Whereas, since its inception, millions of Americans of every 
race, creed, and religion have participated in the Boy 
Scouts, and the Boy Scouts of America, as of October 1, 
2004, utilizes more than 1,200,000 adult volunteers to 
serve 2,863,000 youth members organized in 121,051 
units; 
Whereas the Department of Defense and members of the 
Armed Forces have a long history of supporting the ac-
tivities of the Boy Scouts of America and individual Boy 
Scout troops inside the United States, and section 2606 
of title 10, United States Code, enacted in 1988, specifi-
cally authorizes the Department of Defense to cooperate 
with and assist the Boy Scouts of America in establishing 
and providing facilities and services for members of the 
Armed Forces and their dependents, and civilian employ-
ees of the Department of Defense and their dependents, 
at locations outside the United States; 
Whereas sections 4682, 7541, and 9682 of title 10, United 
States Code, authorize the Department of Defense to sell 
and, in certain cases, donate obsolete or excess material 
to the Boy Scouts of America to support its activities; 
and 
Whereas since Public Law 92–249, enacted on March 10, 
1972, and codified as section 2554 of title 10, United 
States Code, the Department of Defense has been specifi-
cally authorized to make military installations available 
to, and to provide equipment, transportation, and other 
services to, the Boy Scouts of America to support na-
tional and world gatherings of Boy Scouts at events 
known as Boy Scout Jamborees: Now, therefore, be it
•HCON 6 IH 
Resolved by the House of Representatives (the Senate 
concurring), That it is the sense of the Congress that the 
Department of Defense should continue to exercise its 
long-standing statutory authority to support the activities 
of the Boy Scouts of America, in particular the periodic 
national and world Boy Scout Jamborees. 
Æ
‘‘(ii) LIMITATION ON CREDITS UNDER 
CERTAIN CIRCUMSTANCES.—No credits may 
be awarded by the Corporation under this 
subparagraph 
during 
any 
period 
in 
which— 
‘‘(I) the reserve ratio of the De-
posit Insurance Fund is less than the 
designated reserve ratio of such Fund; 
or 
‘‘(II) the reserve ratio of the Fund 
is less than 1.25 percent of the amount 
of estimated insured deposits. 
‘‘(iii) 
CRITERIA
FOR
DETERMINA-
TION.—In determining the amounts of any 
assessment credits under this subparagraph, 
the Board of Directors shall take into ac-
count the factors for designating the reserve 
ratio under subsection (b)(3) and the factors 
for setting assessments under subsection 
(b)(2)(B). 
‘‘(4) ADMINISTRATIVE REVIEW.— 
‘‘(A) IN
GENERAL.—The regulations pre-
scribed under paragraph (2)(D) and subpara-
graphs (A) and (B) of paragraph (3) shall in-
clude provisions allowing an insured depository
institution a reasonable opportunity to challenge 
administratively the amount of the credit or div-
idend determined under paragraph (2) or (3) for 
such institution. 
‘‘(B) ADMINISTRATIVE
REVIEW.—Any re-
view under subparagraph (A) of any determina-
tion of the Corporation under paragraph (2) or 
(3) shall be final and not subject to judicial re-
view.’’. 
(b) DEFINITION OF RESERVE RATIO.—Section 3(y) of 
the Federal Deposit Insurance Act (12 U.S.C. 1813(y)) (as 
amended by section 5(b) of this Act) is amended by adding 
at the end the following new paragraph: 
‘‘(3) RESERVE RATIO.—The term ‘reserve ratio’, 
when used with regard to the Deposit Insurance Fund 
other than in connection with a reference to the des-
ignated reserve ratio, means the ratio of the net worth 
of the Deposit Insurance Fund to the value of the ag-
gregate estimated insured deposits.’’. 
SEC. 8. DEPOSIT INSURANCE FUND RESTORATION PLANS. 
Section 7(b)(3) of the Federal Deposit Insurance Act 
(12 U.S.C. 1817(b)(3)) (as amended by section 5(a) of this 
Act) is amended by adding at the end the following new 
subparagraph: 
‘‘(E) DIF RESTORATION PLANS.—
‘‘(i) IN GENERAL.—Whenever— 
‘‘(I) the Corporation projects that 
the reserve ratio of the Deposit Insur-
ance Fund will, within 6 months of 
such determination, fall below the min-
imum amount specified in subpara-
graph (B)(ii) for the designated reserve 
ratio; or 
‘‘(II) the reserve ratio of the De-
posit Insurance Fund actually falls 
below the minimum amount specified 
in subparagraph (B)(ii) for the des-
ignated reserve ratio without any de-
termination under subclause (I) having 
been made, 
the Corporation shall establish and imple-
ment a Deposit Insurance Fund restoration 
plan within 90 days that meets the require-
ments of clause (ii) and such other condi-
tions as the Corporation determines to be 
appropriate. 
‘‘(ii) REQUIREMENTS OF RESTORATION 
PLAN.—A Deposit Insurance Fund restora-
tion plan meets the requirements of this 
clause if the plan provides that the reserve
IV 
#
110TH CONGRESS 
2D SESSION 
H. RES. 1178 
Expressing the sympathy of the House of Representatives to the citizens 
of Suffolk, Brunswick, and Colonial Heights, Virginia, over the dev-
astating tornadoes of April 28, 2008. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 7, 2008 
Mr. FORBES (for himself, Mr. WITTMAN of Virginia, Mrs. DRAKE,Mr. SCOTT 
of Virginia, Mr. GOODE, Mr. GOODLATTE, Mr. CANTOR, Mr. MORAN of 
Virginia, Mr. BOUCHER, Mr. WOLF, and Mr. TOM DAVIS of Virginia) 
submitted the following resolution; which was referred to the Committee 
on Oversight and Government Reform 
RESOLUTION 
Expressing the sympathy of the House of Representatives 
to the citizens of Suffolk, Brunswick, and Colonial 
Heights, Virginia, over the devastating tornadoes of April 
28, 2008. 
Whereas on the evening of Monday, April 28, 2008, 6 torna-
does struck the communities of Suffolk, Brunswick, and 
Colonial Heights, Virginia; 
Whereas the National Weather Service said the most power-
ful of the storms touched down in Suffolk; 
Whereas the tornado that swept through Suffolk was the 
strongest the city had ever seen; 
VerDate Aug 31 2005 
22:10 May 13, 2008
Jkt 069200
PO 00000
Frm 00001
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E:\BILLS\HR1178.IH
HR1178
hsrobinson on PROD1PC76 with BILLS
449 
cured by such lien may not exceed 100 per-
cent of the appraised value of the property. 
‘‘(C) PROHIBITED
SOURCES.—In no case 
shall the funds required by subparagraph (A) 
consist, in whole or in part, of funds provided by 
any of the following parties before, during, or 
after closing of the property sale: 
‘‘(i) The seller or any other person or 
entity that financially benefits from the 
transaction. 
‘‘(ii) Any third party or entity that is 
reimbursed, directly or indirectly, by any of 
the parties described in clause (i).’’. 
SEC. 2114. MORTGAGE INSURANCE PREMIUMS. 
Section 203(c)(2) of the National Housing Act (12 
U.S.C. 1709(c)(2)) is amended— 
(1) in the matter preceding subparagraph (A), 
by striking ‘‘or of the General Insurance Fund’’ and 
all that follows through ‘‘section 234(c),,’’; and 
(2) in subparagraph (A)— 
(A) by striking ‘‘2.25 percent’’ and insert-
ing ‘‘3 percent’’; and 
(B) by striking ‘‘2.0 percent’’ and inserting 
‘‘2.75 percent’’.
III 
109TH CONGRESS 
1ST SESSION 
H. CON. RES. 6
IN THE SENATE OF THE UNITED STATES 
FEBRUARY 14, 2005
Received 
FEBRUARY 17, 2005
Referred to the Committee on Armed Services 
CONCURRENT RESOLUTION 
Expressing the sense of the Congress that the Department 
of Defense should continue to exercise its statutory au-
thority to support the activities of the Boy Scouts of 
America, in particular the periodic national and world 
Boy Scout Jamborees.
Whereas the Boy Scouts of America was incorporated on 
February 8, 1910, and received a Federal charter on 
June 15, 1916, which is currently codified as chapter 309 
of title 36, United States Code; 
Whereas section 30902 of title 36, United States Code, states 
that it is the purpose of the Boy Scouts of America to 
promote, through organization, and cooperation with
HCON 6 RFS 
other agencies, the ability of boys to do things for them-
selves and others, to train them in scoutcraft, and to 
teach them patriotism, courage, self-reliance, and kindred 
virtues.
Whereas, since its inception, millions of Americans of every 
race, creed, and religion have participated in the Boy 
Scouts, and the Boy Scouts of America, as of October 1, 
2004, utilizes more than 1,200,000 adult volunteers to 
serve 2,863,000 youth members organized in 121,051 
units; 
Whereas the Department of Defense and members of the 
Armed Forces have a long history of supporting the ac-
tivities of the Boy Scouts of America and individual Boy 
Scout troops inside the United States, and section 2606 
of title 10, United States Code, enacted in 1988, specifi-
cally authorizes the Department of Defense to cooperate 
with and assist the Boy Scouts of America in establishing 
and providing facilities and services for members of the 
Armed Forces and their dependents, and civilian employ-
ees of the Department of Defense and their dependents, 
at locations outside the United States; 
Whereas sections 4682, 7541, and 9682 of title 10, United 
States Code, authorize the Department of Defense to sell 
and, in certain cases, donate obsolete or excess material 
to the Boy Scouts of America to support its activities; 
and 
Whereas since Public Law 92–249, enacted on March 10, 
1972, and codified as section 2554 of title 10, United 
States Code, the Department of Defense has been specifi-
cally authorized to make military installations available 
to, and to provide equipment, transportation, and other 
services to, the Boy Scouts of America to support na-
HCON 6 RFS 
tional and world gatherings of Boy Scouts at events 
known as Boy Scout Jamborees: Now, therefore, be it
Resolved by the House of Representatives (the Senate 
concurring), That it is the sense of the Congress that the 
Department of Defense should continue to exercise its 
long-standing statutory authority to support the activities 
of the Boy Scouts of America, in particular the periodic 
national and world Boy Scout Jamborees.
Passed the House of Representatives February 9, 
2005. 
Attest: 
JEFF TRANDAHL, 
Clerk.
ratio of the Fund will meet or exceed the 
minimum amount specified in subpara-
graph (B)(ii) for the designated reserve 
ratio before the end of the 10-year period be-
ginning upon the implementation of the 
plan. 
‘‘(iii) RESTRICTION
ON
ASSESSMENT 
CREDITS.—As part of any restoration plan 
under this subparagraph, the Corporation 
may elect to restrict the application of as-
sessment credits provided under subsection 
(e)(3) for any period that the plan is in ef-
fect. 
‘‘(iv) LIMITATION ON RESTRICTION.— 
Notwithstanding clause (iii), while any res-
toration plan under this subparagraph is in 
effect, the Corporation shall apply credits 
provided to an insured depository institu-
tion under subsection (e)(3) against any as-
sessment imposed on the institution for any 
assessment period in an amount equal to 
the lesser of— 
‘‘(I) the amount of the assessment; 
or
‘‘(II) the amount equal to 3 basis 
points of the institution’s assessment 
base. 
‘‘(v) TRANSPARENCY.—Not more than 
30 days after the Corporation establishes 
and implements a restoration plan under 
clause (i), the Corporation shall publish in 
the Federal Register a detailed analysis of 
the factors considered and the basis for the 
actions taken with regard to the plan.’’. 
SEC. 9. REGULATIONS REQUIRED. 
(a) IN GENERAL.—Not later than 270 days after the 
date of the enactment of this Act, the Board of Directors 
of the Federal Deposit Insurance Corporation shall pre-
scribe final regulations, after notice and opportunity for 
comment— 
(1) designating the reserve ratio for the Deposit 
Insurance Fund in accordance with section 7(b)(3) of 
the Federal Deposit Insurance Act (as amended by 
section 5 of this Act); 
(2) implementing increases in deposit insurance 
coverage in accordance with the amendments made by 
section 3 of this Act;
(3) implementing the dividend requirement 
under section 7(e)(2) of the Federal Deposit Insurance 
Act (as amended by section 7 of this Act); 
(4) implementing the 1-time assessment credit to 
certain insured depository institutions in accordance 
with section 7(e)(3) of the Federal Deposit Insurance 
Act, as amended by section 7 of this Act, including 
the qualifications and procedures under which the 
Corporation would apply assessment credits; and 
(5) providing for assessments under section 7(b) 
of the Federal Deposit Insurance Act, as amended by 
this Act. 
(b) RULE OF CONSTRUCTION.—No provision of this 
Act or any amendment made by this Act shall be construed 
as affecting the authority of the Corporation to set or collect 
deposit insurance assessments before the effective date of the 
final regulations prescribed under subsection (a). 
SEC. 10. STUDIES OF FDIC STRUCTURE AND EXPENSES AND 
CERTAIN ACTIVITIES AND FURTHER POS-
SIBLE CHANGES TO DEPOSIT INSURANCE 
SYSTEM. 
(a) STUDY BY COMPTROLLER GENERAL.— 
(1) STUDY REQUIRED.—The Comptroller General 
shall conduct a study of the following issues:
455 
‘‘(C) any significant changes between actual 
and projected claim and prepayment activity; 
‘‘(D) projected versus actual loss rates; and 
‘‘(E) updated projections of the annual sub-
sidy rates to ensure that increases in risk to the 
Fund are identified and mitigated by adjust-
ments to underwriting standards, program par-
ticipation, or premiums, and the financial 
soundness of the Fund is maintained. 
The first quarterly report under this paragraph shall 
be submitted on the last day of the first quarter of fis-
cal year 2008, or on the last day of the first full cal-
endar quarter following the enactment of the Building 
American Homeownership Act of 2008, whichever is 
later. 
‘‘(6) ADJUSTMENT OF PREMIUMS.—If, pursuant 
to the independent actuarial study of the Fund re-
quired under paragraph (4), the Secretary determines 
that the Fund is not meeting the operational goals es-
tablished under paragraph (7) or there is a substan-
tial probability that the Fund will not maintain its 
established target subsidy rate, the Secretary may ei-
ther make programmatic adjustments under this title 
as necessary to reduce the risk to the Fund, or make 
appropriate premium adjustments.
(A) The efficiency and effectiveness of the 
administration of the prompt corrective action 
program under section 38 of the Federal Deposit 
Insurance Act by the Federal banking agencies 
(as defined in section 3 of such Act), including 
the degree of effectiveness of such agencies in 
identifying troubled depository institutions and 
taking effective action with respect to such insti-
tutions, and the degree of accuracy of the risk as-
sessments made by the Corporation. 
(B) The appropriateness of the organiza-
tional structure of the Federal Deposit Insurance 
Corporation for the mission of the Corporation 
taking into account— 
(i) the current size and complexity of 
the business of insured depository institu-
tions (as such term is defined in section 3 
of the Federal Deposit Insurance Act); 
(ii) the extent to which the organiza-
tional structure contributes to or reduces 
operational inefficiencies that increase oper-
ational costs; and 
(iii) the effectiveness of internal con-
trols.
(2) REPORT
TO
THE
CONGRESS.—The Comp-
troller General shall submit a report to the Congress 
before the end of the 1-year period beginning on the 
date of the enactment of this Act containing the find-
ings and conclusions of the Comptroller General with 
respect to the study required under paragraph (1) to-
gether with such recommendations for legislative or 
administrative action as the Comptroller General 
may determine to be appropriate. 
(b) STUDY OF FURTHER POSSIBLE CHANGES TO DE-
POSIT INSURANCE SYSTEM.— 
(1) STUDY REQUIRED.—The Board of Directors 
of the Federal Deposit Insurance Corporation and the 
National Credit Union Administration Board shall 
each conduct a study of the following: 
(A) The feasibility of establishing a vol-
untary deposit insurance system for deposits in 
excess of the maximum amount of deposit insur-
ance for any depositor and the potential benefits 
and the potential adverse consequences that may 
result from the establishment of any such system. 
(B) The feasibility of privatizing all deposit 
insurance at insured depository institutions and 
insured credit unions.
(2) REPORT.—Before the end of the 1-year pe-
riod beginning on the date of the enactment of this 
Act, the Board of Directors of the Federal Deposit In-
surance Corporation and the National Credit Union 
Administration Board shall each submit a report to 
the Congress on the study required under paragraph 
(1) containing the findings and conclusions of the re-
porting agency together with such recommendations 
for legislative or administrative changes as the agency 
may determine to be appropriate. 
(c) STUDY REGARDING APPROPRIATE DEPOSIT BASE 
IN DESIGNATING RESERVE RATIO.— 
(1) STUDY REQUIRED.—The Federal Deposit In-
surance Corporation shall conduct a study of the fea-
sibility of using actual domestic deposits rather than 
estimated insured deposits in calculating the reserve 
ratio of the Deposit Insurance Fund and designating 
a reserve ratio for such Fund. 
(2) REPORT.—The Federal Deposit Insurance 
Corporation shall submit a report to the Congress be-
fore the end of the 1-year period beginning on the 
date of the enactment of this Act containing the find-
ings and conclusions of the Corporation with respect 
to the study required under paragraph (1) together 
with such recommendations for legislative or adminis-
trative action as the Board of Directors of the Cor-
poration may determine to be appropriate. 
(d) STUDY
OF RESERVE METHODOLOGY
AND AC-
COUNTING FOR LOSS.— 
(1) STUDY REQUIRED.—The Federal Deposit In-
surance Corporation shall conduct a study of the re-
serve methodology and loss accounting used by the 
Corporation during the period beginning on January 
1, 1992, and ending December 31, 2004, with respect 
to insured depository institutions in a troubled condi-
tion (as defined in the regulations prescribed pursu-
ant to section 32(f) of the Federal Deposit Insurance 
Act). The Corporation shall obtain comments on the 
design of the study from the Comptroller General. 
(2) FACTORS TO BE INCLUDED.—In conducting 
the study pursuant to paragraph (1), the Federal De-
posit Insurance Corporation shall— 
(A) consider the overall effectiveness and ac-
curacy of the methodology used by the Corpora-
tion for establishing and maintaining reserves 
and estimating and accounting for losses at in-
sured depository institutions, during the period 
described in such paragraph;
(B) consider the appropriateness and reli-
ability of information and criteria used by the 
Corporation in determining— 
(i) whether an insured depository in-
stitution was in a troubled condition; and 
(ii) the amount of any loss anticipated 
at such institution; 
(C) analyze the actual historical loss experi-
ence over the period described in paragraph (1) 
and the causes of the exceptionally high rate of 
losses experienced by the Corporation in the final 
3 years of that period; and 
(D) rate the efforts of the Corporation to re-
duce losses in such 3-year period to minimally 
acceptable levels and to historical levels. 
(3) REPORT REQUIRED.—The Board of Directors 
of the Federal Deposit Insurance Corporation shall 
submit a report to the Congress before the end of the 
6-month period beginning on the date of the enact-
ment of this Act, containing the findings and conclu-
sions of the Corporation with respect to the study re-
quired under paragraph (1), together with such rec-
ommendations for legislative or administrative action 
as the Board of Directors may determine to be appro-
priate. Before submitting the report to Congress, the
Board of Directors shall provide a draft of the report 
to the Comptroller General for comment. 
SEC. 11. BI-ANNUAL FDIC SURVEY AND REPORT ON IN-
CREASING THE DEPOSIT BASE BY ENCOUR-
AGING USE OF DEPOSITORY INSTITUTIONS 
BY THE UNBANKED. 
The Federal Deposit Insurance Act (12 U.S.C. 1811 
et seq.) is amended by adding at the end the following new 
section: 
‘‘SEC. 49. BI-ANNUAL FDIC SURVEY AND REPORT ON EN-
COURAGING USE OF DEPOSITORY INSTITU-
TIONS BY THE UNBANKED. 
‘‘(a) SURVEY REQUIRED.— 
‘‘(1) IN GENERAL.—The Corporation shall con-
duct a bi-annual survey on efforts by insured deposi-
tory institutions to bring those individuals and fami-
lies who have rarely, if ever, held a checking account, 
a savings account or other type of transaction or 
check cashing account at an insured depository insti-
tution (hereafter in this section referred to as the 
‘unbanked’) into the conventional finance system. 
‘‘(2) FACTORS AND QUESTIONS TO CONSIDER.— 
In conducting the survey, the Corporation shall take 
the following factors and questions into account:
‘‘(A) To what extent do insured depository 
institutions promote financial education and fi-
nancial literacy outreach? 
‘‘(B) Which financial education efforts ap-
pear to be the most effective in bringing 
‘unbanked’ individuals and families into the 
conventional finance system? 
‘‘(C) What efforts are insured institutions 
making at converting ‘unbanked’ money order, 
wire transfer, and international remittance cus-
tomers into conventional account holders? 
‘‘(D) What cultural, language and identi-
fication issues as well as transaction costs ap-
pear to most prevent ‘unbanked’ individuals 
from establishing conventional accounts? 
‘‘(E) What is a fair estimate of the size and 
worth of the ‘unbanked’ market in the United 
States? 
‘‘(b) REPORTS.—The Chairperson of the Board of Di-
rectors shall submit a bi-annual report to the Committee 
on Financial Services of the House of Representatives and 
the Committee on Banking, Housing, and Urban Affairs 
of the Senate containing the Corporation’s findings and 
conclusions with respect to the survey conducted pursuant 
to subsection (a), together with such recommendations for
†
114
HR 4040 EAS
(A) REQUIREMENT.—Not later than 60
days after the date of the enactment of this Act,
the Consumer Product Safety Commission shall
begin a proceeding under section 553 of title 5,
United States Code—
(i) to establish a final standard for
equestrian helmets that incorporates all the
requirements of the interim standard speci-
fied in paragraph (2);
(ii) to provide in the final standard a
mandate that all approved equestrian hel-
mets be certified to the requirements pro-
mulgated under the final standard by an
organization that is accredited to certify
personal protection equipment in accord-
ance with ISO Guide 65; and
(iii) to include in the final standard
any additional provisions that the Commis-
sion considers appropriate.
(B) INAPPLICABILITY OF CERTAIN LAWS.—
Sections 7, 9, and 30(d) of the Consumer Prod-
uct Safety Act (15 U.S.C. 2056, 2058, and
2079(d)) shall not apply to the proceeding under
this subsection, and section 11 of such Act (15
456 
‘‘(7) OPERATIONAL
GOALS.—The operational 
goals for the Fund are— 
‘‘(A) to minimize the default risk to the 
Fund and to homeowners by among other actions 
instituting fraud prevention quality control 
screening not later than 18 months after the date 
of enactment of the Building American Home-
ownership Act of 2008; and 
‘‘(B) to meet the housing needs of the bor-
rowers that the single family mortgage insurance 
program under this title is designed to serve.’’. 
(b) OBLIGATIONS OF FUND.—The National Housing 
Act is amended as follows: 
(1) HOMEOWNERSHIP VOUCHER PROGRAM MORT-
GAGES.—In section 203(v) (12 U.S.C. 1709(v))— 
(A) by striking ‘‘Notwithstanding section 
202 of this title, the’’ and inserting ‘‘The’’; and 
(B) by striking ‘‘General Insurance Fund’’ 
the first place such term appears and all that 
follows through the end of the subsection and in-
serting ‘‘Mutual Mortgage Insurance Fund.’’. 
(2) HOME EQUITY CONVERSION MORTGAGES.— 
Section 255(i)(2)(A) of the National Housing Act (12 
U.S.C. 1715z–20(i)(2)(A)) is amended by striking