Page:United States Statutes at Large Volume 120.djvu/1357

 120 STAT. 1326

PUBLIC LAW 109–290—SEPT. 29, 2006

(d) DEFINITION.—For purposes of this section, the term ‘‘appropriate Committees of Congress’’ means— (1) the Committee on Financial Services and the Committee on Armed Services of the House of Representatives; and (2) the Committee on Banking, Housing, and Urban Affairs and the Committee on Armed Services of the Senate. 10 USC 992 note.

SEC. 14. STUDY AND REPORTS BY INSPECTOR GENERAL OF THE DEPARTMENT OF DEFENSE.

(a) STUDY.—The Inspector General of the Department of Defense shall conduct a study on the impact of Department of Defense Instruction 1344.07 (as in effect on the date of enactment of this Act) and the reforms included in this Act on the quality and suitability of sales of securities and insurance products marketed or otherwise offered to members of the Armed Forces. (b) REPORTS.—Not later than 12 months after the date of enactment of this Act, the Inspector General of the Department of Defense shall submit an initial report on the results of the study conducted under subsection (a) to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives, and shall submit followup reports to those committees on December 31, 2008 and December 31, 2010. Approved September 29, 2006.

LEGISLATIVE HISTORY—S. 418 (H.R. 458): SENATE REPORTS: No. 109–282 (Comm. on Banking, Housing, and Urban Affairs). CONGRESSIONAL RECORD, Vol. 152 (2006): July 19, considered and passed Senate. Sept. 20, 21, considered and passed House.

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