In addition, the Postal Accountability and Enhancement Act of 2006 requires the Postal Service to comply with Section 404 of the Sarbanes- Oxley Act (SOX). The United States Postal Service first began moving the mail on … Before Congress passed the Postal Accountability and Enhancement Act of 2006… No other federal agency is required to do this. 22 (109th): Postal Accountability and Enhancement Act Jul 26, 2005 at 9:54 p.m. Sometimes they are a way of recognizing or honoring the sponsor or creator of a particular law (as with the 'Taft-Hartley Act'). 102. Provisions relating to market-dominant products. 101. 6407, Postal Accountability and Enhancement Act. Add Note All Positions ».) POSTAL ACCOUNTABILITY AND ENHANCEMENT ACT VerDate 14-DEC-2004 19:09 Feb 01, 2007 Jkt 059139 PO 00435 Frm 00001 Fmt 6579 Sfmt 6579 E:\PUBLAW\PUBL435.109 APPS22 PsN: PUBL435. President George W. Bush signed the Postal Accountability and Enhancement Act (PAEA; P.L. December 20, 2006 President's Statement on H.R. And now hundreds of Roanoke jobs Estimate of direct spending and revenues effects for the bill as cleared by the Congress on December 9, 2006, and signed by the President on December 20, 2006. Melanie Brumley started this petition to Congress. 201 . Section 603(c) amends the Postal Service Fund statute, 39 U.S.C. It’s past time for people in the Roanoke Valley to wake up about it. The Postal Accountability and Enhancement Act (PAEA) is a United States federal statute enacted by the 109th United States Congress and signed into law by President George W. Bush on December 20, 2006. TITLE I—DEFINITIONS; POSTAL SERVICES Sec. On the eighth day of December in 2006, at 10:33 at night, the 2009th Congress passed H.R. The Postal Accountability and Enhancement Act (PAEA) is a United States federal statute enacted by the 109th United States Congress and signed into law by President George W. Bush on December 20, 2006.. 20, 2006 Public Law 109–435 109th Congress An Act To reform the postal laws of the United States. The Postal Accountability and Enhancement Act of 2006. Posted on March 25, 2019 March 29, 2019 by 21cpw. What is distinctive about the USPS is that, a a result of the 2006 Postal Accountability and Enhancement Act (PAEA), they are also required to pre-fund their retiree medical promises. Short title; table of contents. Save your opinion on this bill on a six-point scale from strongly oppose to strongly support. 6407, the "Postal Accountability and Enhancement Act" White House News. December 8, 2006 Received-----AN ACT To reform the postal laws of the United States. Namely, the Postal Accountability and Enhancement Act of 2006. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. ET. Today I have signed into law H.R. 6 (b) TABLEOFCONTENTS.—The table of contents for 7 this Act is as follows: Sec. Section 603(b) of the Postal Accountability and Enhancement Act (PAEA), which became law on December 20, 2006, amended the Inspector General Act of 1978 to authorize –such sums as may be necessary— to be appropriated to OIG from the Postal Service Fund. 2003. (a) SHORT TITLE- This Act may be cited as the ‘Postal Accountability and Enhancement Act‘. The Postal Accountability and Enhancement Act (PAEA) is a United States federal statute enacted by the 109th United States Congress and signed into law by President George W. Bush on December 20, 2006. Pub. Postal Service’s financial statements. The PAEA was the first broad revision of the 1970 statute that replaced the U.S. Post Office with the U.S. 5 ‘‘Postal Accountability and Enhancement Act’’. May 19th, 2020 in Analysis, Budget & Appropriations, Federal Legislation, Legislative Oversight. Cost Estimate. Totals. Be it enacted by the Senate and House of Representatives … Postal Services. On Passage of the Bill in the House. H.R. TITLE II—MODERN RATE REGULATION Sec. Claim: The United States Postal Service (USPS) is losing money due to a 2006 law mandating it fund its pensions 75 years in advance. 109-435; 120 Stat. Background The Postal Reorganization Act of 1970 requires annual audits of the U.S. The Postal Accountability and Enhancement Act of 2006 requires the Postal Service to prefund 80 percent of its future retiree health benefit costs by the year 2016, at … December 27, 2006. 3198 PUBLIC LAW 109–435—DEC. December 20, 2006: Citations; Public law: 109-435: Legislative history; Introduced in the House as the Postal Accountability and Enhancement Act (H.R. It directed the PRC to create a new ratemaking system, … 6407, The Postal Accountability and Enhancement Act, … Let’s get to 5,000! sect. In 2006 a law was enacted (H.R. 201. Repeal the 2006 Postal Accountability and Enhancement Act. December 14, 2009 – August 24, 2012 R40983. 6407) that requires the USPS to pre fund retirement benefits to any employee that it hires. On December 7, 2006, HR 6407, the Postal Accountability and Enhancement Act was introduced to the House by Congressman Tom Davis (R-VA). The mind-numbing title alone sounds like it could put a hardcore insomniac to sleep. Postal Service for the future, the Postal Accountability and Enhancement Act of 2006 instead is killing our mail system. This page provides information on the development of the PAEA in Congress from initial hearings in 1995 to final … All Votes R epublicans D emocrats I ndependents; Aye 95 % 410 208 . 603(b). PAEA was the first major overhaul of the United States Postal Service since 1970. Postal Accountability and Enhancement Act of 2006 Posted on July 6, 2014 July 6, 2014 by postal From left to right: PMG John Potter, Sen. Tom Carper, Sen. Susan Collins, Rep. Danny Davis, President George Bush, Rep. McHugh at signing of Postal Accountability and Enhancement Act of 2006 … 120 STAT. Postal Accountability and Enhancement Act of 2006. This version of the bill contained the precise dollar amounts: ``(3)(A) The United States Postal Service shall pay into such Fund-- ``(i) $5,400,000,000, not later than September 30, 2007; … The Postal Accountability and Enhancement Act of 2006 (Public Law 109-435) enacted on December 20, 2006, made several changes to the Postal Regulatory Commission. US Postal Service workers have a retiree health care benefit in addition to their pension. 109'435, sect. No 5 % 20 20 . (About Ads | Hide These Ads) Widget for your website. Message Exchange Since 1999. Tag archive for 2006 Postal Accountability and Enhancement Act. 3198) on December 20, 2006. The Postal Accountability and Enhancement Act, signed by President George W. Bush on December 20, 2006, besides other things, changed the terms of governors appointed after that date from nine to seven years. The Postal Accountability and Enhancement Act of 2006 (PAEA) is the only comprehensive revision of the Postal Reorganization Act of 1970, the act that abolished the old Post Office Department and established the semi-independent agency, the United States Postal Service. Postal Accountability and Enhancement Act, FF­AR­08 ­030 Section 709, Assess ment of Certain Rate Deficiencies 2 In response to the OIG audit, mailer complaints, and Congressional inquiries, the Postal Service implemented several changes to improve the revenue deficiency assessment and collection process. The Act is designed to improve the quality of postal service for Americans and to strengthen the free market for delivery services. Cep and others are welcome to scour the cited Postal Accountability and Enhancement Act (PAEA) of 2006 for any mention of the seventy-five-year threshold, but they are bound to come up short. Post Haste: Why Reform of the US Postal Service is a Matter of Urgent National Concern. President George W. Bush signed the Postal Accountability and Enhancement Act on December 20, 2006. 22 (109th) in the House. L. No. Sometimes these names say something about the substance of the law (as with the '2002 Winter Olympic Commemorative Coin Act'). This was a vote to pass H.R. 6407, the "Postal Accountability and Enhancement Act." View Document35.81 KB. Passed by a Republican-led Congress and signed into law by President George W. Bush, the PAEA gave the Postal … Toggle navigation 21st Century Postal Worker Back to Home; Search for: Tag: 2006 Postal Accountability and Enhancement Act Privatization: A real threat to the USPS employee. The truth is, it’s one of the most insane laws Congress ever enacted. Summary. H.R. Definitions. Or, the reporters and advocates making this claim can simply look at this 2012 Government Accountability Office report, which finds, “PAEA did not require USPS to prefund 75 years of retiree … 1 . 0 have signed. 1. President Trump has been antagonistic to the United States Postal Service since the early days of his administration. This has caused massive reductions in service and employment. The executive branch shall construe sections 3662 … Most Americans have never heard of the Postal Accountability and Enhancement Act of 2006. SHORT TITLE; TABLE OF CONTENTS. Tagged: Postal Accountability Enhancement Act of 2006. Sec. The 2006 Postal Accountability and Enhancement Act required the Postal Service to pre-fund future retiree health benefits, not pensions. Designed to prepare the U.S. The Postal Accountability and Enhancement Act (PAEA) was signed into law by President George W. Bush on December 20, 2006. There were three sponsors, two Democrats and one Republican. The board has not been fully staffed since 2010. Repeal the Postal Accountability and Enhancement Act of 2006 to end the congressionally generated five-billion-dollar tax the United States Postal Service (USPS) must pass on to the American people in service reductions and post office and plant closures.