House Committee approves postal reform bill.The House Committee on Government Reform approved the Postal Accountability and Enhancement Act of 2004 (H.R. 4341) on May 12 by a unanimous vote. The bill now moves to the House floor for debate. And the Senate is expected to markup (text) markup - In computerised document preparation, a method of adding information to the text indicating the logical components of a document, or instructions for layout of the text on the page or other information which can be interpreted by some automatic system. its own version of postal reform shortly. [ILLUSTRATION OMITTED] According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Alliance of Nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. Mailers, Washington, D.C., the bill is designed to preserve universal service, promote efficiency and flexibility, ensure fair competition and accounting, and establish a base for future reforms by mandating several studies. Government Reform Committee Chairman Tom Davis (R-VA) said the bill is "far from perfect," but represented a good first step in the process, adding, "this is further than we've ever gotten before." Neal Denton, executive director of the alliance, expects nonprofit mailers to be most interested in a provision releasing some $73 billion in escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. to the U.S. Postal Service The U.S. Postal Service (USPS) processes and delivers mail to individuals and businesses within the United States. The service seeks to improve its performance through the development of efficient mail-handling systems and operates its own planning and engineering programs. , likely lessening the impact of the next rate case on nonprofits. "This [bill] should stretch out the cycle before the next rate case and help keep the next rate increase lower than it would have been without the bill," he says. For a summary, visit capwiz.com/asae/issues/bills/?bill=5841216. For more information on this or other public policy issues, call 202-626-2703. |
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