§3132 — Title 15 Commerce and Trade | U.S. Code

Summary

The Joint Economic Committee must review and analyze the Economic Report’s short-term and medium-term goals when it looks at the report and holds hearings required by the Employment Act of 1946. The committee must hold hearings and hear testimony from Members of Congress, federal agency representatives, the public, and interested groups. It must also consider comments from state and local officials. Within 30 days after Congress receives the Economic Report, any standing or legislative committee may send the Joint Economic Committee a report with its views and recommendations on parts of the Economic Report that relate to that committee. By March 15 each year, a majority of the Joint Economic Committee must send a report to the Senate and House Budget Committees with findings, recommendations, and analyses tied to each short- and medium-term goal in the Economic Report.

Title 15, §3132

Commerce and Trade — Source: USLM XML via OLRC

(a)In conjunction with its review of the Economic Report, and the holding of hearings on the Economic Report under the Employment Act of 1946 [15 U.S.C. 1021 et seq.], the Joint Economic Committee shall review and analyze the short-term and medium-term goals set forth in the Economic Report pursuant to section 3(a)(2) and 4(b) of the Employment Act of 1946 [15 U.S.C. 1022(a)(2), 1022a(b)].

(b)The Joint Economic Committee shall hold hearings on the Economic Report for the purpose of receiving testimony from Members of the Congress, and such appropriate representatives of Federal departments and agencies, the general public, and interested groups as the joint committee deems advisable. The joint committee shall also consider the comments and views on the Economic Report which are received from State and local officials.

(c)Within thirty days after receipt by the Congress of the Economic Report, each standing committee of the Senate and the House of Representatives, each other committee of the Senate and the House of Representatives which has legislative jurisdiction, and each joint committee of the Congress may submit to the Joint Economic Committee, for use by the Joint Economic Committee in conducting its review and analysis under subsection (a), a report containing the views and recommendations of the submitting committee with respect to aspects of the Economic Report which relate to its jurisdiction.

(d)On or before March 15 of each year, a majority of the members of the Joint Economic Committee shall submit a report to the Committees on the Budget of the Senate and the House of Representatives. Such report shall include findings, recommendations, and any appropriate analyses with respect and in direct comparison to each of the short-term and medium-term goals set forth in the Economic Report.

Notes & Related Subsidiaries

Editorial Notes

References in Text

The Employment Act of 1946, referred to in subsec. (a), is act Feb. 20, 1946, ch. 33, 60 Stat. 23, which is classified generally to chapter 21 (§ 1021 et seq.) of this title. For complete classification of this Act to the Code, see

Short Title

note set out under section 1021 of this title and Tables.

§3132 Committee Review