Bill Huizenga

This resolution expresses the sense of the House of Representatives that (1) Congress should adopt a fiscal target to reduce the federal budget deficit to 3% of gross domestic product or less as soon as possible and no later than the end of FY2030; and (2) after the target is achieved, Congress should continue to pursue further deficit reduction with the goal of achieving a balanced federal budget.

This resolution supports the designation of National Agriculture Day.

This resolution honors Selfridge Air National Guard Base in Harrison Township, Michigan, on its 108th anniversary, commends the thousands of men and women who have worked and trained at the base, and reinforces the commitment of the Armed Forces to the base as a facility that is key to national security. The resolution also encourages continued cooperation and dialogue with the Department of Defense in support of the base and acknowledges Michigan's ongoing investments in its defense assets and workforce.

This resolution recognizes the goal of education in U.S. schools as that of ensuring that virtually every student achieves grade-level reading proficiency. It also encourages state and local governments, including educational agencies, to collaborate with private organizations that offer proven literacy programs to (1) identify and implement effective solutions to address illiteracy, and (2) create adult literacy initiatives for adults with reading skills below an 8th grade level.

This resolution states that the United Nations Security Council should immediately impose an arms embargo against the military of Burma (Myanmar) and hold it accountable for its ongoing violations of human rights.

**Cost Estimates Improvement Act** This bill requires cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the costs of servicing the public debt.

**1071 Repeal to Protect Small Business Lending Act** This bill repeals the statute that requires financial institutions to collect data regarding applications for women-owned, minority-owned, or small business loans. Currently, financial institutions must collect and report to the Consumer Financial Protection Bureau information on (1) how many applications were received; (2) the disposition of each application; (3) the type of loan; (4) the amount applied for; (5) the amount approved; and (6) each applicant’s census tract, revenue, race, sex, and ethnicity.

**Credit Union Board Modernization Act** This bill reduces the required frequency of meetings held by the board of directors of certain credit unions. Under the bill, new credit unions and credit unions with a low soundness rating must meet monthly, as required under current law. All other credit unions must hold at least six meetings annually, with at least one meeting held during each fiscal quarter.

**Fair Audits and Inspections for Regulators’ Exams Act or the FAIR Exams Act** This bill establishes new procedures related to the federal examination of financial intuitions. Specifically, the bill establishes the Office of Independent Examination Review within the Federal Financial Institutions Examination Council to adjudicate appeals and investigate complaints from financial institutions concerning examination reports. Under the bill, financial institutions have the right to obtain an independent review of a material supervisory determination contained in a final report of examination. The bill sets forth provisions regarding hearings and final decisions.  The bill also sets deadlines for federal financial regulatory agencies to provide final examination reports and to perform exit interviews of a financial institution. In addition, the agency must list all materials relied upon in support of a material supervisory determination upon the request of the financial institution.