Sec. 507. ANNUAL REPORT
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## Sec. 507 ANNUAL REPORT **[**[20 U.S.C. 4016](/us/usc/t20/s4016)**]** ### annual report8 During each calendar year until 1999, the Administrator shall prepare and submit, not later than June 1 of each year, to the Committee on Environment and Public Works of the Senate and to the Committee on Energy and Commerce of the House of Representatives a report on the loan and grant program authorized by section 505 of this title. The report shall— 8Section 14(a)(7) of P.L. 101–637 amended the section heading of section 507 without striking out the old section heading. ####
(1)describe the number of applications received; ####
(2)describe the number of loans and grants made in the preceding calendar year and specify each applicant for and recipient of a loan or grant; ####
(3)specify the number of loan or grant applications which were disapproved during the preceding calendar year and describe the reasons for such disapprovals; ####
(4)describe the types of programs for which loans or grants were made; ####
(5)specify the estimated total costs of such programs to the recipients of loans or grants and specify the amount of loans or grants made under the program authorized by this section; and ####
(6)estimate the number of schools still in need of assistance and the amount of resources needed by such schools, categorized by State, to abate all remaining asbestos hazards.
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