CONCURRENT RESOLUTIONS-JULY 26, 1947 Study and investi- gation of housing. Report. Employment and compensation of per- sonnel. 42 Stat. 1488. 5 U. S. 0. if661-674. UtillatUon of Oov- ernment ervices, etc. Powen of com- mittes. House of Representatives Committee on Banking and Currency to be appointed by the Speaker of the House of Representatives. A vacancy in the membership of the committee shall not affect the powers of the remaining members to execute the functions of the committee, and shall be filled in the same manner as the original selection. The com- mittee shall select a chairman and a vice chairman from among its members. SEC: 2. The committee, acting as a whole or by subcommittee, shall conduct a thorough study and investigation of the entire field of hous- ing, including but not limited to- (1) the extent of the need for housing in the United States as a whole and in all areas thereof; (2) the extent, if any, to which shortages in building materials are contributing to the shortage of housing; (3) the reasons for the existing high costs of building materials and housing and the action which may be taken to reduce such costs; (4) all factors of whatever kind or nature which contribute to the existing high costs of housing and which prevent the speedy construc- tion of adequate housing to satisfy the needs of the Nation and the action which may be taken to eliminate such factors; (5) the extent to which archaic building codes and zoning laws contribute to the existing shortage and excessive cost of housing; (6) the administration and operation of existing Federal laws relating to slum clearance, insurance of mortgages on housing, home loans, guaranties of veterans' housing loans, construction permits, veterans' preference in the renting and purchase of housing, rent control, and all other matters relating to housing; (7) the availability of private capital and of Government loans to finance the construction of housing; (8) the organization and operations of Federal, State, and municipal government agencies concerned with housing; and (9) such other problems and subjects in the field of housing as the committee deems appropriate. SEC. 3 . The committee shall report to the Senate and the House of Representatives not later than March 15, 1948, the results of its study and investigation, together with such recommendations as to necessary legislation and such other recommendations as it may deem advisable. SEC. 4 . The committee shall have the power, without regard to the civil-service laws and the Classification Act of 1923, as amended, to employ and fix the compensation of such officers, experts, and employ- ees as it, deems necessary for the performance of its duties, including consultants who shall receive compensation at a rate not to exceed $35 for each day actually spent by them in the work of the committee, together with their necessary travel and subsistence expenses. The committee is further authorized, with the consent of the head of the department or agency concerned, to utilize the services, information, facilities, and personnel of all agencies in the executive branch of the Government and may request the governments of the several States, representatives of business, industry, finance, and labor, and such other persons, agencies, organizations, and instrumentalities as it deems appropriate to attend its hearings and to give and present information, advice, and recommendations. SEC. 5 . The committee, or any subcommittee thereof, is authorized to hold such hearings; to sit and act at such times and places during the sessions, recesses, and adjourned periods of the Eightieth Con- gress; to require by subpena or otherwise the attendance of such wit- nesses and the production of such books, papers, and documents; to administer oaths, to take such testimony; to have such printing and binding done; and to make such expenditures as it deems advisable. [61 STAT.
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