A report on initial findings is due in a year
What the document says“Not later than 1 year after the date of enactment of this Act, the Secretary shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report on the initial findings of the study required under paragraph (1).”
The section requires the Secretary to report the study's initial findings within a year of enactment to the Senate Committee on Banking, Housing, and Urban Affairs and the House Committee on Financial Services.
What the document actually says“Not later than 1 year after the date of enactment of this Act, the Secretary shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report on the initial findings of the study required under paragraph (1).”
A report on the first findings is due within one year. It goes to two committees in Congress.
The report covers early findings, not the whole study. A year is short for this kind of work. Congress gets what is known by then.
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