To enhance oversight of the implementation of subtitles B and C of title III of the American Rescue Plan Act of 2021 by the Secretary of the Treasury and the Secretary of Housing and Urban Development, and for other purposes.

Bill: 117-hr-2526
Sponsor: full_name: Rep. McHenry, Patrick T. [R-NC-10]
Introduced: 2021-04-14
Policy area: Government Operations and Politics
Subjects: Accounting and auditing

Appropriations

Cardiovascular and respiratory health

Congressional oversight

Credit and credit markets

Department of Housing and Urban Development

Emergency medical services and trauma care

Government studies and investigations

Homelessness and emergency shelter

Housing and community development funding

Housing discrimination

Housing finance and home ownership

Infectious and parasitic diseases

Landlord and tenant

Minority and disadvantaged businesses

Rural conditions and development

Small business
Latest action: action_date: 2021-04-14
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2021-04-14
action_desc: Introduced in House
text: <p>This bill provides for increased oversight of American Rescue Plan activities relating to housing and small business.</p> <p>The Office of the Special Inspector General for Pandemic Recovery (which is within the Department of the Treasury) shall conduct, supervise, and coordinate audits and investigations of such activities undertaken by Treasury, the Department of Housing and Urban Development (HUD), and the Department of Agriculture.</p> <p>The Congressional Oversight Commission shall conduct oversight of implementation of such activities by Treasury and HUD.</p> <p>HUD and other specified entities must testify on a quarterly basis before specified congressional committees regarding such activities.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 2526 IN THE HOUSE OF REPRESENTATIVES April 14, 2021 Mr. McHenry introduced the following bill; which was referred to the Committee on Financial Services A BILL To enhance oversight of the implementation of subtitles B and C of title III of the American Rescue Plan Act of 2021 by the Secretary of the Treasury and the Secretary of Housing and Urban Development, and for other purposes.

1. Oversight of American Rescue Plan activities (a) Special Inspector General Section 4018(c)(3) of the Coronavirus Economic Stabilization Act of 2020 ( 15 U.S.C. 9053(c)(3) ) is amended— (1) by striking shall also and inserting shall also— ; (2) by striking have the duties and inserting the following: (A) have the duties ; (3) by striking (5 U.S.C. App.). and inserting (5 U.S.C. App.); and ; and (4) by adding at the end the following: (B) conduct, supervise, and coordinate audits and investigations of activities undertaken by the Secretary, the Secretary of Housing and Urban Development, and the Secretary of Agriculture pursuant to subtitles B and C of title III of the American Rescue Plan Act of 2021 (and amendments made by such subtitles). . (b) Congressional Oversight Commission Section 4020(b)(1) of the Coronavirus Economic Stabilization Act of 2020 ( 15 U.S.C. 9055(b)(1) ) is amended— (1) in subparagraph (B), by striking ; and and inserting a semicolon; (2) in subparagraph (C), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following: (D) conduct oversight of the implementation of subtitles B and C of title III of the of the American Rescue Plan Act of 2021 (and amendments made by such subtitles) by the Department of the Treasury and the Department of Housing and Urban Development. . (c) Testimony Section 4026(c) of the Coronavirus Economic Stabilization Act of 2020 ( 15 U.S.C. 9060(c) ) is amended— (1) by striking The Secretary and inserting The Secretary, the Secretary of Housing and Urban Development, ; (2) by striking Department of the Treasury and inserting Department of the Treasury, Department of Housing and Urban Development, and ; and (3) by striking this Act and inserting this Act and subtitles B and C of title III of the American Rescue Plan Act of 2021 (and amendments made by such subtitles) .