Capitol Hill Outlook

July 22, 1996

THE DAILY FED

Capitol Hill Outlook

The House Government Reform and Oversight Subcommittee on Management, Information and Technology is slated to mark up legislation on Tuesday that would permit state and local governments to transfer, by sale or lease, federal aid facilities to the private sector without repayment of federal grants, provided the facility continues to be used for its original purpose.

The bill, sponsored by Government Reform National Economic Growth, Natural Resources and Regulatory Affairs Subcommittee Chairman David McIntosh, R-Ind., is due for full committee markup Thursday.

Also Thursday, the full committee is scheduled to mark up legislation sponsored by Government Reform Civil Service Subcommittee Chairman John Mica, R-Fla., to reform civil service laws. Meawhile, the Senate Small Business Committee holds a hearing Tuesday on the implementation of the Small Business Regulation Enforcement Fairness Act. And the House Small Business Government Programs Subcommittee holds a Wednesday hearing on FDA compliance with the Paperwork Reduction Act.