,,ii ,calendar ,no4 #agf #aadth ,,congress #ast ,session ,s4 #aiaj ,report ,no4 #aad-ig ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,july #cj1 #bjae,mr4 ,boozman1 from the ,committee on ,appropriations1 reported the following original bill2 which was read twice and placed on the calendar ,a ,,bill ,making appropriations for financial services and general government for the fiscal year ending ,september #cj1 #bjaf1 and for other purposes4 ,that the following sums are appropriated1 out of any money in the ,treasury not otherwise appropriated1 for financial services and general government for the fiscal year ending ,september #cj1 #bjaf1 and for other purposes1 namely3 ,i ,,department ,,of ,,the ,,treasury ,departmental ,offices salaries and expenses ,for necessary expenses of the ,departmental ,offices including operation and maintenance of the ,treasury ,building and ,annex2 hire of passenger motor vehicles2 maintenance1 repairs1 and improvements of1 and purchase of commercial insurance policies for1 real properties leased or owned overseas1 when necessary for the performance of official business2 executive direction program activities2 international affairs and economic policy activities2 domestic finance and tax policy activities1 including technical assistance to ,state and local governments2 terrorism and financial intelligence activities2 and ,treasury-wide management policies and programs activities1 #cbe1ijj1jjj3 ,provided1 ,that of the amount appropriated under this heading-- 7#a7 not less than #aab1ejj1jjj is for the ,office of ,terrorism and ,financial ,intelligence to safeguard the financial system against illicit use and to combat rogue nations1 terrorist facilitators1 weapons of mass destruction proliferators1 money launderers1 drug kingpins1 and other national security threats2 7#b7 not to exceed #cej1jjj is for official reception and representation expenses2 7#c7 not to exceed #beh1jjj is for unforeseen emergencies of a confidential nature to be allocated and expended under the direction of the ,secretary of the ,treasury and to be accounted for solely on the ,secretary's certificate2 and 7#d7 not to exceed #be1bjj1jjj shall remain available until ,september #cj1 #bjag1 for-- 7,a7 the ,treasury-wide ,financial ,statement ,audit and ,internal ,control ,program2 7,b7 information technology modernization requirements2 7,c7 the audit1 oversight1 and administration of the ,gulf ,coast ,restoration ,trust ,fund2 7,d7 the development and implementation of programs within the ,office of ,critical ,infrastructure ,protection and ,compliance ,policy1 including entering into cooperative agreements2 and 7,e7 secure space requirements4 ,department-,wide systems and capital investments programs 7including transfer of funds7 ,for development and acquisition of automatic data processing equipment1 software1 and services and for repairs and renovations to buildings owned by the ,department of the ,treasury1 #e1jjj1jjj1 to remain available until ,september #cj1 #bjah3 ,provided1 ,that these funds shall be transferred to accounts and in amounts as necessary to satisfy the requirements of the ,department's offices1 bureaus1 and other organizations3 ,provided further1 ,that this transfer authority shall be in addition to any other transfer authority provided in this ,act3 ,provided further1 ,that none of the funds appropriated under this heading shall be used to support or supplement ,internal ,revenue ,service1 ,operations ,support or ,internal ,revenue ,service1 ,business ,systems ,modernization4 ,office of inspector general ,salaries and expenses ,for necessary expenses of the ,office of ,inspector ,general in carrying out the provisions of the ,inspector ,general ,act of #aigh1 #ce1daf1jjj1 including hire of passenger motor vehicles2 of which not to exceed #ajj1jjj shall be available for unforeseen emergencies of a confidential nature1 to be allocated and expended under the direction of the ,inspector ,general of the ,treasury2 of which up to #b1hjj1jjj to remain available until ,september #cj1 #bjag1 shall be for audits and investigations conducted pursuant to section #afjh of the ,resources and ,ecosystems ,sustainability1 ,tourist ,opportunities1 and ,revived ,economies of the ,gulf ,coast ,states ,act of #bjab 7#cc ,u4,s4,c4 #acba note72 and of which not to exceed #a1jjj shall be available for official reception and representation expenses4 ,treasury inspector general for tax administration ,salaries and expenses ,for necessary expenses of the ,treasury ,inspector ,general for ,tax ,administration in carrying out the ,inspector ,general ,act of #aigh1 as amended1 including purchase and hire of passenger motor vehicles 7#ca ,u4,s4,c4 #acdc7;b772 and services authorized by #e ,u4,s4,c4 #caji1 at such rates as may be determined by the ,inspector ,general for ,tax ,administration2 #afg1bge1jjj1 of which #e1jjj1jjj shall remain available until ,september #cj1 #bjag2 of which not to exceed #f1jjj1jjj shall be available for official travel expenses2 of which not to exceed #ejj1jjj shall be available for unforeseen emergencies of a confidential nature1 to be allocated and expended under the direction of the ,inspector ,general for ,tax ,administration2 and of which not to exceed #a1ejj shall be available for official reception and representation expenses4 ,special ,inspector ,general for the ,troubled ,asset ,relief ,program ,salaries and expenses ,for necessary expenses of the ,office of the ,special ,inspector ,general in carrying out the provisions of the ,emergency ,economic ,stabilization ,act of #bjjh 7,public ,law #aaj-cdc71 #cf1fga1jjj4 ,financial crimes enforcement network salaries and expenses ,for necessary expenses of the ,financial ,crimes ,enforcement ,network1 including hire of passenger motor vehicles2 travel and training expenses of non-,federal and foreign government personnel to attend meetings and training concerned with domestic and foreign financial intelligence activities1 law enforcement1 and financial regulation2 services authorized by #e ,u4,s4,c4 #caji2 not to exceed #aj1jjj for official reception and representation expenses2 and for assistance to ,federal law enforcement agencies1 with or without reimbursement1 #aab1igi1jjj1 of which not to exceed #cd1cce1jjj shall remain available until ,september #cj1 #bjah4 ,treasury ,forfeiture ,fund 7rescission7 ,of the unobligated balances available under this heading1 #gjj1jjj1jjj are rescinded4 ,bureau of the ,fiscal ,service ,salaries and ,expenses ,for necessary expenses of operations of the ,bureau of the ,fiscal ,service1 #cef1jjj1jjj2 of which not to exceed #d1baj1jjj1 to remain available until ,september #cj1 #bjah1 is for information systems modernization initiatives2 of which #e1jjj shall be available for official reception and representation expenses2 and of which not to exceed #ai1hjj1jjj1 to remain available until ,september #cj1 #bjah1 is to support the ,department's activities related to implementation of the ,digital ,accountability and ,transparency ,act 7,,data ,act2 ,public ,law #aac-aja71 including changes in business processes1 workforce1 or information technology to support high quality1 transparent ,federal spending information4 ,in addition1 #afe1jjj1 to be derived from the ,oil ,spill ,liability ,trust ,fund to reimburse administrative and personnel expenses for financial management of the ,fund1 as authorized by section #ajab of ,public ,law #aja-chj4 ,alcohol and tobacco tax and trade bureau ,salaries and expenses ,for necessary expenses of carrying out section #aaaa of the ,homeland ,security ,act of #bjjb1 including hire of passenger motor vehicles1 #aja1dci1jjj2 of which not to exceed #f1jjj for official reception and representation expenses2 not to exceed #ej1jjj for cooperative research and development programs for laboratory services2 and provision of laboratory assistance to ,state and local agencies with or without reimbursement4 ,united ,states ,mint united states mint public enterprise fund ,pursuant to section #eacf of title #ca1 ,united ,states ,code1 the ,united ,states ,mint is provided funding through the ,united ,states ,mint ,public ,enterprise ,fund for costs associated with the production of circulating coins1 numismatic coins1 and protective services1 including both operating expenses and capital investments3 ,provided1 ,that the aggregate amount of new liabilities and obligations incurred during fiscal year #bjaf under such section #eacf for circulating coinage and protective service capital investments of the ,united ,states ,mint shall not exceed #bj1jjj1jjj4 ,community ,development ,financial ,institutions ,fund ,program ,account ,to carry out the ,riegle ,community ,development and ,regulatory ,improvements ,act of #aiid 7subtitle ,a of title ,i of ,public ,law #ajc-cbe71 including services authorized by section #caji of title #e1 ,united ,states ,code1 but at rates for individuals not to exceed the per diem rate equivalent to the rate for ,,ex-#c1 #bba1jjj1jjj4 ,of the amount appropriated under this heading-- 7#a7 not less than #afa1ijj1jjj1 notwithstanding section #ajh7;e7 of ,public ,law #ajc-cbe 7#ab ,u4,s4,c4 #dgjg7;e77 with regard to ,small and_/or ,emerging ,community ,development ,financial ,institutions ,assistance awards1 is available until ,september #cj1 #bjag1 for financial assistance and technical assistance under subparagraphs 7,a7 and 7,b7 of section #ajh7;a77#a71 respectively1 of ,public ,law #ajc-cbe 7#ab ,u4,s4,c4 #dgjg7;a77#a77;,a7 and 7,b771 of which up to #c1ajb1ejj may be used for the cost of direct loans3 ,provided1 ,that the cost of direct and guaranteed loans1 including the cost of modifying such loans1 shall be as defined in section #ejb of the ,congressional ,budget ,act of #aigd3 ,provided further1 ,that these funds are available to subsidize gross obligations for the principal amount of direct loans not to exceed #be1jjj1jjj2 7#b7 not less than #ae1jjj1jjj1 notwithstanding section #ajh7;e7 of ,public ,law #ajc-cbe 7#ab ,u4,s4,c4 #dgjg7;e771 is available until ,september #cj1 #bjag1 for financial assistance1 technical assistance1 training and outreach programs designed to benefit ,native ,american1 ,native ,hawaiian1 and ,alaskan ,native communities and provided primarily through qualified community development lender organizations with experience and expertise in community development banking and lending in ,indian country1 ,native ,american organizations1 tribes and tribal organizations1 and other suitable providers2 7#c7 not less than #ba1jjj1jjj is available until ,september #cj1 #bjag1 for the ,bank ,enterprise ,award program2 7#d7 up to #bc1ajj1jjj is available until ,september #cj1 #bjaf1 for administrative expenses1 including administration of ,,cdfi fund programs and the ,new ,markets ,tax ,credit ,program1 of which not less than #a1jjj1jjj is for capacity building to expand ,,cdfi investments in underserved rural areas1 and up to #cjj1jjj is for administrative expenses to carry out the direct loan program2 and 7#e7 during fiscal year #bjaf1 none of the funds available under this heading are available for the cost1 as defined in section #ejb of the ,congressional ,budget ,act of #aigd1 of commitments to guarantee bonds and notes under section #aad;,a of the ,riegle ,community ,development and ,regulatory ,improvement ,act of #aiid 7#ab ,u4,s4,c4 #dgac;a73 ,provided1 ,that commitments to guarantee bonds and notes under such section #aad;,a shall not exceed #gej1jjj1jjj3 ,provided further1 ,that such section #aad;,a shall remain in effect until ,september #cj1 #bjaf4 ,internal ,revenue ,service taxpayer services ,for necessary expenses of the ,internal ,revenue ,service to provide taxpayer services1 including pre-filing assistance and education1 filing and account services1 taxpayer advocacy services1 and other services as authorized by #e ,u4,s4,c4 #caji1 at such rates as may be determined by the ,commissioner1 #b1aef1eed1jjj1 of which not less than #e1fjj1jjj shall be for the ,tax ,counseling for the ,elderly ,program1 of which not less than #ab1jjj1jjj shall be available for low-income taxpayer clinic grants1 and of which not less than #ab1jjj1jjj1 to remain available until ,september #cj1 #bjag1 shall be available for a ,community ,volunteer ,income ,tax ,assistance matching grants program for tax return preparation assistance1 of which not less than #bjf1jjj1jjj shall be available for operating expenses of the ,taxpayer ,advocate ,service3 ,provided1 ,that of the amounts made available for the ,taxpayer ,advocate ,service1 not less than #e1jjj1jjj shall be for identity theft casework4 ,in addition1 #ij1jjj1jjj is available solely for measurable improvements in the customer service representative level of service rate1 the number of days to resolve tax refund fraud by identity theft cases1 and the percentage of correspondence the ,,irs responds to within established timeframes3 ,provided1 ,that such funds shall supplement and not supplant any other amounts made available to the ,,irs for such purposes4 enforcement ,for necessary expenses for tax enforcement activities of the ,internal ,revenue ,service to determine and collect owed taxes1 to provide legal and litigation support1 to conduct criminal investigations1 to enforce criminal statutes related to violations of internal revenue laws and other financial crimes1 to purchase and hire passenger motor vehicles 7#ca ,u4,s4,c4 #acdc7;b771 and to provide other services as authorized by #e ,u4,s4,c4 #caji1 at such rates as may be determined by the ,commissioner1 #d1ejj1jjj1jjj1 of which not to exceed #ej1jjj1jjj shall remain available until ,september #cj1 #bjag1 and of which not less than #eg1dic1jjj shall be for the ,interagency ,crime and ,drug ,enforcement program4 operations support ,for necessary expenses of the ,internal ,revenue ,service to support taxpayer services and enforcement programs1 including rent payments2 facilities services2 printing2 postage2 physical security2 headquarters and other ,,irs-wide administration activities2 research and statistics of income2 telecommunications2 information technology development1 enhancement1 operations1 maintenance1 and security2 the hire of passenger motor vehicles 7#ca ,u4,s4,c4 #acdc7;b772 and other services as authorized by #e ,u4,s4,c4 #caji1 at such rates as may be determined by the ,commissioner2 #c1dfh1ddf1jjj1 of which not to exceed #ej1jjj1jjj shall remain available until ,september #cj1 #bjag2 of which not to exceed #aj1jjj1jjj shall remain available until expended for acquisition of equipment and construction1 repair and renovation of facilities2 of which not to exceed #a1jjj1jjj shall remain available until ,september #cj1 #bjah1 for research2 of which not to exceed #a1hej1jjj shall be for the ,internal ,revenue ,service ,oversight ,board2 of which not to exceed #bj1jjj shall be for official reception and representation expenses3 ,provided1 ,that not later than #cj days after the end of each quarter1 the ,internal ,revenue ,service shall submit a report to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate and the ,comptroller ,general of the ,united ,states detailing the cost and schedule performance for its major information technology investments1 including the purpose and life-cycle stages of the investments2 the reasons for any cost and schedule variances2 the risks of such investments and strategies the ,internal ,revenue ,service is using to mitigate such risks2 and the expected developmental milestones to be achieved and costs to be incurred in the next quarter3 ,provided further1 ,that the ,internal ,revenue ,service shall include1 in its budget justification for fiscal year #bjag1 a summary of cost and schedule performance information for its major information technology systems4 business systems modernization ,for necessary expenses of the ,internal ,revenue ,service's business systems modernization program1 #bfj1jjj1jjj1 to remain available until ,september #cj1 #bjah1 for the capital asset acquisition of information technology systems1 including management and related contractual costs of said acquisitions1 including related ,internal ,revenue ,service labor costs1 and contractual costs associated with operations authorized by #e ,u4,s4,c4 #caji3 ,provided1 ,that not later than #cj days after the end of each quarter1 the ,internal ,revenue ,service shall submit a report to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate and the ,comptroller ,general of the ,united ,states detailing the cost and schedule performance for ,,cade #b and ,modernized e-,file information technology investments1 including the purposes and life-cycle stages of the investments2 the reasons for any cost and schedule variances2 the risks of such investments and the strategies the ,internal ,revenue ,service is using to mitigate such risks2 and the expected developmental milestones to be achieved and costs to be incurred in the next quarter4 administrative provisions--internal revenue service 7including transfer of funds7 #aja4 ,not to exceed #e percent of any appropriation made available in this ,act to the ,internal ,revenue ,service may be transferred to any other ,internal ,revenue ,service appropriation upon the advance approval of the ,committees on ,appropriations4 #ajb4 ,the ,internal ,revenue ,service shall maintain an employee training program1 which shall include the following topics3 taxpayers' rights1 dealing courteously with taxpayers1 cross-cultural relations1 ethics1 and the impartial application of tax law4 #ajc4 ,the ,internal ,revenue ,service shall institute and enforce policies and procedures that will safeguard the confidentiality of taxpayer information and protect taxpayers against identity theft4 #ajd4 ,funds made available by this or any other ,act to the ,internal ,revenue ,service shall be available for improved facilities and increased staffing to provide sufficient and effective #a-hjj help line service for taxpayers4 ,the ,commissioner shall continue to make improvements to the ,internal ,revenue ,service #a-hjj help line service a priority and allocate resources necessary to enhance the response time to taxpayer communications1 particularly with regard to victims of tax-related crimes4 #aje4 ,none of the funds made available to the ,internal ,revenue ,service by this ,act may be used to make a video unless the ,service-,wide ,video ,editorial ,board determines in advance that making the video is appropriate1 taking into account the cost1 topic1 tone1 and purpose of the video4 #ajf4 ,the ,internal ,revenue ,service shall issue a notice of confirmation of any address change relating to an employer making employment tax payments1 and such notice shall be sent to both the employer's former and new address and an officer or employee of the ,internal ,revenue ,service shall give special consideration to an offer-in-compromise from a taxpayer who has been the victim of fraud by a third party payroll tax preparer4 #ajg4 ,none of the funds made available under this ,act may be used by the ,internal ,revenue ,service to target citizens of the ,united ,states for exercising any right guaranteed under the ,first ,amendment to the ,constitution of the ,united ,states4 #ajh4 ,none of the funds made available in this ,act may be used by the ,internal ,revenue ,service to target groups for regulatory scrutiny based on their ideological beliefs4 #aji4 ,none of funds made available by this ,act to the ,internal ,revenue ,service shall be obligated or expended on conferences that do not adhere to the procedures1 verification processes1 documentation requirements1 and policies issued by the ,chief ,financial ,officer1 ,human ,capital ,office1 and ,agency-,wide ,shared ,services as a result of the recommendations in the report published on ,may #ca1 #bjac1 by the ,treasury ,inspector ,general for ,tax ,administration entitled ,review of the ,august #bjaj ,small ,business_/,self-,employed ,division's ,conference in ,anaheim1 ,california 7,reference ,number #bjac-aj-jcg74 #aaj4 ,none of the funds made available by this ,act may be used in contravention of section #fajc of the ,internal ,revenue ,code of #aihf 7relating to confidentiality and disclosure of returns and return information74 #aaa4 ,none of the funds made available in this ,act to the ,internal ,revenue ,service may be obligated or expended-- 7#a7 to make a payment to any employee under a bonus1 award1 or recognition program2 or 7#b7 under any hiring or personnel selection process with respect to re-hiring a former employee1 unless such program or process takes into account the conduct and ,federal tax compliance of such employee or former employee4 ,administrative provisions--,department of the ,treasury 7including transfers of funds7 #aab4 ,appropriations to the ,department of the ,treasury in this ,act shall be available for uniforms or allowances therefor1 as authorized by law 7#e ,u4,s4,c4 #eija71 including maintenance1 repairs1 and cleaning2 purchase of insurance for official motor vehicles operated in foreign countries2 purchase of motor vehicles without regard to the general purchase price limitations for vehicles purchased and used overseas for the current fiscal year2 entering into contracts with the ,department of ,state for the furnishing of health and medical services to employees and their dependents serving in foreign countries2 and services authorized by #e ,u4,s4,c4 #caji4 #aac4 ,not to exceed #b percent of any appropriations in this title made available under the headings ,departmental ,offices--,salaries and ,expenses1 ,office of ,inspector ,general1 ,special ,inspector ,general for the ,troubled ,asset ,relief ,program1 ,financial ,crimes ,enforcement ,network1 ,bureau of the ,fiscal ,service1 and ,alcohol and ,tobacco ,tax and ,trade ,bureau may be transferred between such appropriations upon the advance approval of the ,committees on ,appropriations of the ,house of ,representatives and the ,senate3 ,provided1 ,that no transfer under this section may increase or decrease any such appropriation by more than #b percent4 #aad4 ,not to exceed #b percent of any appropriation made available in this ,act to the ,internal ,revenue ,service may be transferred to the ,treasury ,inspector ,general for ,tax ,administration's appropriation upon the advance approval of the ,committees on ,appropriations of the ,house of ,representatives and the ,senate3 ,provided1 ,that no transfer may increase or decrease any such appropriation by more than #b percent4 #aae4 ,none of the funds appropriated in this ,act or otherwise available to the ,department of the ,treasury or the ,bureau of ,engraving and ,printing may be used to redesign the #a ,federal ,reserve note4 #aaf4 ,the ,secretary of the ,treasury may transfer funds from the ,bureau of the ,fiscal ,service-,salaries and ,expenses to the ,debt ,collection ,fund as necessary to cover the costs of debt collection3 ,provided1 ,that such amounts shall be reimbursed to such salaries and expenses account from debt collections received in the ,debt ,collection ,fund4 #aag4 ,none of the funds appropriated or otherwise made available by this or any other ,act may be used by the ,united ,states ,mint to construct or operate any museum without the explicit approval of the ,committees on ,appropriations of the ,house of ,representatives and the ,senate1 the ,house ,committee on ,financial ,services1 and the ,senate ,committee on ,banking1 ,housing1 and ,urban ,affairs4 #aah4 ,none of the funds appropriated or otherwise made available by this or any other ,act or source to the ,department of the ,treasury1 the ,bureau of ,engraving and ,printing1 and the ,united ,states ,mint1 individually or collectively1 may be used to consolidate any or all functions of the ,bureau of ,engraving and ,printing and the ,united ,states ,mint without the explicit approval of the ,house ,committee on ,financial ,services2 the ,senate ,committee on ,banking1 ,housing1 and ,urban ,affairs2 and the ,committees on ,appropriations of the ,house of ,representatives and the ,senate4 #aai4 ,funds appropriated by this ,act1 or made available by the transfer of funds in this ,act1 for the ,department of the ,treasury's intelligence or intelligence related activities are deemed to be specifically authorized by the ,congress for purposes of section #ejd of the ,national ,security ,act of #aidg 7#ej ,u4,s4,c4 #dad7 during fiscal year #bjaf until the enactment of the ,intelligence ,authorization ,act for ,fiscal ,year #bjaf4 #abj4 ,not to exceed #e1jjj shall be made available from the ,bureau of ,engraving and ,printing's ,industrial ,revolving ,fund for necessary official reception and representation expenses4 #aba4 ,the ,secretary of the ,treasury shall submit a ,capital ,investment ,plan to the ,committees on ,appropriations of the ,senate and the ,house of ,representatives not later than #cj days following the submission of the annual budget submitted by the ,president3 ,provided1 ,that such ,capital ,investment ,plan shall include capital investment spending from all accounts within the ,department of the ,treasury1 including but not limited to the ,department-wide ,systems and ,capital ,investment ,programs account1 ,treasury ,franchise ,fund account1 and the ,treasury ,forfeiture ,fund account3 ,provided further1 ,that such ,capital ,investment ,plan shall include expenditures occurring in previous fiscal years for each capital investment project that has not been fully completed4 #abb4 7a7 ,not later than #fj days after the end of each quarter1 the ,office of ,financial ,stability and the ,office of ,financial ,research shall submit reports on their activities to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate1 the ,committee on ,financial ,services of the ,house of ,representatives and the ,senate ,committee on ,banking1 ,housing1 and ,urban ,affairs4 7b7 ,the reports required under subsection 7a7 shall include-- 7#a7 the obligations made during the previous quarter by object class1 office1 and activity2 7#b7 the estimated obligations for the remainder of the fiscal year by object class1 office1 and activity2 7#c7 the number of full-time equivalents within each office during the previous quarter2 7#d7 the estimated number of full-time equivalents within each office for the remainder of the fiscal year2 and 7#e7 actions taken to achieve the goals1 objectives1 and performance measures of each office4 7c7 ,at the request of any such ,committees specified in subsection 7a71 the ,office of ,financial ,stability and the ,office of ,financial ,research shall make officials available to testify on the contents of the reports required under subsection 7a74 #abc4 ,within #de days after the date of enactment of this ,act1 the ,secretary of the ,treasury shall submit an itemized report to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate on the amount of total funds charged to each office by the ,franchise ,fund including the amount charged for each service provided by the ,franchise ,fund to each office1 a detailed description of the services1 a detailed explanation of how each charge for each service is calculated1 and a description of the role customers have in governing in the ,franchise ,fund4 #abd4 ,the ,secretary of the ,treasury1 in consultation with the appropriate agencies1 departments1 bureaus1 and commissions that have expertise in terrorism and complex financial instruments1 shall provide a report to the ,committees on ,appropriations of the ,house of ,representatives and ,senate1 the ,committee on ,financial ,services of the ,house of ,representatives1 and the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate not later than #ij days after the date of enactment of this ,act on economic warfare and financial terrorism4 #abe4 ,none of the funds appropriated or otherwise made available in this ,act may be obligated or expended to provide for the enforcement of any rule1 regulation1 policy1 or guideline implemented pursuant to the ,department of the ,treasury ,guidance for ,united ,states ,positions on ,m,d,bs ,engaging with ,developing ,countries on ,coal-,fired ,power ,generation dated ,october #bi1 #bjac1 when enforcement of such rule1 regulation1 policy1 or guideline would prohibit1 or have the effect of prohibiting1 the carrying out of any coal-fired or other power-generation project the purpose of which is to increase exports of goods and services from the ,united ,states or prevent the loss of jobs from the ,united ,states4 ,this title may be cited as the ,department of the ,treasury ,appropriations ,act1 #bjaf4 ,,ii ,executive office of the president and funds appropriated to the president ,the white house salaries and expenses ,for necessary expenses for the ,white ,house as authorized by law1 including not to exceed #c1hej1jjj for services as authorized by #e ,u4,s4,c4 #caji and #c ,u4,s4,c4 #aje2 subsistence expenses as authorized by #c ,u4,s4,c4 #aje1 which shall be expended and accounted for as provided in that section2 hire of passenger motor vehicles1 and travel 7not to exceed #ajj1jjj to be expended and accounted for as provided by #c ,u4,s4,c4 #ajc72 and not to exceed #ai1jjj for official reception and representation expenses1 to be available for allocation within the ,executive ,office of the ,president2 and for necessary expenses of the ,office of ,policy ,development1 including services as authorized by #e ,u4,s4,c4 #caji and #c ,u4,s4,c4 #ajg1 #ee1jjj1jjj4 ,executive ,residence at the ,white ,house operating expenses ,for necessary expenses of the ,executive ,residence at the ,white ,house1 #ab1gjj1jjj1 to be expended and accounted for as provided by #c ,u4,s4,c4 #aje1 #aji1 #aaj1 and #aab-aad4 reimbursable expenses ,for the reimbursable expenses of the ,executive ,residence at the ,white ,house1 such sums as may be necessary3 ,provided1 ,that all reimbursable operating expenses of the ,executive ,residence shall be made in accordance with the provisions of this paragraph3 ,provided further1 ,that1 notwithstanding any other provision of law1 such amount for reimbursable operating expenses shall be the exclusive authority of the ,executive ,residence to incur obligations and to receive offsetting collections1 for such expenses3 ,provided further1 ,that the ,executive ,residence shall require each person sponsoring a reimbursable political event to pay in advance an amount equal to the estimated cost of the event1 and all such advance payments shall be credited to this account and remain available until expended3 ,provided further1 ,that the ,executive ,residence shall require the national committee of the political party of the ,president to maintain on deposit #be1jjj1 to be separately accounted for and available for expenses relating to reimbursable political events sponsored by such committee during such fiscal year3 ,provided further1 ,that the ,executive ,residence shall ensure that a written notice of any amount owed for a reimbursable operating expense under this paragraph is submitted to the person owing such amount within #fj days after such expense is incurred1 and that such amount is collected within #cj days after the submission of such notice3 ,provided further1 ,that the ,executive ,residence shall charge interest and assess penalties and other charges on any such amount that is not reimbursed within such #cj days1 in accordance with the interest and penalty provisions applicable to an outstanding debt on a ,united ,states ,government claim under #ca ,u4,s4,c4 #cgag3 ,provided further1 ,that each such amount that is reimbursed1 and any accompanying interest and charges1 shall be deposited in the ,treasury as miscellaneous receipts3 ,provided further1 ,that the ,executive ,residence shall prepare and submit to the ,committees on ,appropriations1 by not later than #ij days after the end of the fiscal year covered by this ,act1 a report setting forth the reimbursable operating expenses of the ,executive ,residence during the preceding fiscal year1 including the total amount of such expenses1 the amount of such total that consists of reimbursable official and ceremonial events1 the amount of such total that consists of reimbursable political events1 and the portion of each such amount that has been reimbursed as of the date of the report3 ,provided further1 ,that the ,executive ,residence shall maintain a system for the tracking of expenses related to reimbursable events within the ,executive ,residence that includes a standard for the classification of any such expense as political or nonpolitical3 ,provided further1 ,that no provision of this paragraph may be construed to exempt the ,executive ,residence from any other applicable requirement of subchapter ,i or ,,ii of chapter #cg of title #ca1 ,united ,states ,code4 ,white ,house ,repair and ,restoration ,for the repair1 alteration1 and improvement of the ,executive ,residence at the ,white ,house pursuant to #c ,u4,s4,c4 #aje7;d71 #fbe1jjj1 to remain available until expended1 for required maintenance1 resolution of safety and health issues1 and continued preventative maintenance4 ,council of economic advisers salaries and expenses ,for necessary expenses of the ,council of ,economic ,advisers in carrying out its functions under the ,employment ,act of #aidf 7#ae ,u4,s4,c4 #ajba et seq471 #d1ahd1jjj4 ,national ,security ,council and ,homeland ,security ,council salaries and expenses ,for necessary expenses of the ,national ,security ,council and the ,homeland ,security ,council1 including services as authorized by #e ,u4,s4,c4 #caji1 #ab1fjj1jjj4 ,office of ,administration ,salaries and expenses ,for necessary expenses of the ,office of ,administration1 including services as authorized by #e ,u4,s4,c4 #caji and #c ,u4,s4,c4 #ajg1 and hire of passenger motor vehicles1 #if1aaf1jjj1 of which not to exceed #g1iid1jjj shall remain available until expended for continued modernization of information resources within the ,executive ,office of the ,president4 ,office of ,management and ,budget ,salaries and expenses ,for necessary expenses of the ,office of ,management and ,budget1 including hire of passenger motor vehicles and services as authorized by #e ,u4,s4,c4 #caji1 to carry out the provisions of chapter #ce of title #dd1 ,united ,states ,code1 and to prepare and submit the budget of the ,united ,states ,government1 in accordance with section #aaje7;a7 of title #ca1 ,united ,states ,code1 #ia1gej1jjj1 of which not to exceed #c1jjj shall be available for official representation expenses3 ,provided1 ,that none of the funds appropriated in this ,act for the ,office of ,management and ,budget may be used for the purpose of reviewing any agricultural marketing orders or any activities or regulations under the provisions of the ,agricultural ,marketing ,agreement ,act of #aicg 7#g ,u4,s4,c4 #fja et seq473 ,provided further1 ,that none of the funds made available for the ,office of ,management and ,budget by this ,act may be expended for the altering of the transcript of actual testimony of witnesses1 except for testimony of officials of the ,office of ,management and ,budget1 before the ,committees on ,appropriations or their subcommittees3 ,provided further1 ,that of the funds made available for the ,office of ,management and ,budget by this ,act1 no less than one full-time equivalent senior staff position shall be dedicated solely to the ,office of the ,intellectual ,property ,enforcement ,coordinator3 ,provided further1 ,that none of the funds provided in this or prior ,acts shall be used1 directly or indirectly1 by the ,office of ,management and ,budget1 for evaluating or determining if water resource project or study reports submitted by the ,chief of ,engineers acting through the ,secretary of the ,army are in compliance with all applicable laws1 regulations1 and requirements relevant to the ,civil ,works water resource planning process3 ,provided further1 ,that the ,office of ,management and ,budget shall have not more than #fj days in which to perform budgetary policy reviews of water resource matters on which the ,chief of ,engineers has reported3 ,provided further1 ,that the ,director of the ,office of ,management and ,budget shall notify the appropriate authorizing and appropriating committees when the #fj-;day review is initiated3 ,provided further1 ,that if water resource reports have not been transmitted to the appropriate authorizing and appropriating committees within #ae days after the end of the ,office of ,management and ,budget review period based on the notification from the ,director1 ,congress shall assume ,office of ,management and ,budget concurrence with the report and act accordingly4 ,office of national drug control policy salaries and expenses ,for necessary expenses of the ,office of ,national ,drug ,control ,policy2 for research activities pursuant to the ,office of ,national ,drug ,control ,policy ,reauthorization ,act of #bjjf 7,public ,law #aji-dfi72 not to exceed #aj1jjj for official reception and representation expenses2 and for participation in joint projects or in the provision of services on matters of mutual interest with nonprofit1 research1 or public organizations or agencies1 with or without reimbursement1 #bj1jdg1jjj3 ,provided1 ,that the ,office is authorized to accept1 hold1 administer1 and utilize gifts1 both real and personal1 public and private1 without fiscal year limitation1 for the purpose of aiding or facilitating the work of the ,office4 ,federal drug control programs high intensity drug trafficking areas program 7including transfers of funds7 ,for necessary expenses of the ,office of ,national ,drug ,control ,policy's ,high ,intensity ,drug ,trafficking ,areas ,program1 #bde1jjj1jjj1 to remain available until ,september #cj1 #bjag1 for drug control activities consistent with the approved strategy for each of the designated ,high ,intensity ,drug ,trafficking ,areas 7,h,i,d,t,as71 of which not less than #ea percent shall be transferred to ,state and local entities for drug control activities and shall be obligated not later than #abj days after enactment of this ,act3 ,provided1 ,that up to #di percent may be transferred to ,federal agencies and departments in amounts determined by the ,director of the ,office of ,national ,drug ,control ,policy1 of which up to #b1gjj1jjj may be used for auditing services and associated activities3 ,provided further1 ,that1 notwithstanding the requirements of ,public ,law #ajf-eh1 any unexpended funds obligated prior to fiscal year #bjad may be used for any other approved activities of that ,,hidta1 subject to reprogramming requirements3 ,provided further1 ,that each ,,hidta designated as of ,september #cj1 #bjae1 shall be funded at not less than the fiscal year #bjae base level1 unless the ,director submits to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate justification for changes to those levels based on clearly articulated priorities and published ,office of ,national ,drug ,control ,policy performance measures of effectiveness3 ,provided further1 ,that the ,director shall notify the ,committees on ,appropriations of the initial allocation of fiscal year #bjaf funding among ,h,i,d,t,as not later than #de days after enactment of this ,act1 and shall notify the ,committees of planned uses of discretionary ,,hidta funding1 as determined in consultation with the ,,hidta ,directors1 not later than #ij days after enactment of this ,act3 ,provided further1 ,that upon a determination that all or part of the funds so transferred from this appropriation are not necessary for the purposes provided herein and upon notification to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate1 such amounts may be transferred back to this appropriation4 ,other ,federal ,drug ,control ,programs 7including transfers of funds7 ,for other drug control activities authorized by the ,office of ,national ,drug ,control ,policy ,reauthorization ,act of #bjjf 7,public ,law #aji-dfi71 #ajh1caj1jjj1 to remain available until expended1 which shall be available as follows3 #ic1ejj1jjj for the ,drug-,free ,communities ,program1 of which #b1jjj1jjj shall be made available as directed by section #d of ,public ,law #ajg-hb1 as amended by ,public ,law #aji-dfi 7#ba ,u4,s4,c4 #aeba note72 #b1jjj1jjj for drug court training and technical assistance2 #i1ejj1jjj for anti-doping activities2 #b1jfj1jjj for the ,united ,states membership dues to the ,world ,anti-,doping ,agency2 and #a1bej1jjj shall be made available as directed by section #aaje of ,public ,law #aji-dfi3 ,provided1 ,that amounts made available under this heading may be transferred to other ,federal departments and agencies to carry out such activities4 ,unanticipated needs ,for expenses necessary to enable the ,president to meet unanticipated needs1 in furtherance of the national interest1 security1 or defense which may arise at home or abroad during the current fiscal year1 as authorized by #c ,u4,s4,c4 #ajh1 #hjj1jjj1 to remain available until ,september #cj1 #bjag4 ,information ,technology ,oversight and ,reform 7including transfer of funds7 ,for necessary expenses for the furtherance of integrated1 efficient1 secure1 and effective uses of information technology in the ,federal ,government1 #be1jjj1jjj1 to remain available until expended3 ,provided1 ,that the ,director of the ,office of ,management and ,budget may transfer these funds to one or more other agencies to carry out projects to meet these purposes3 ,provided further1 ,that the ,director of the ,office of ,management and ,budget shall submit quarterly reports not later than #de days after the end of each quarter to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate and the ,government ,accountability ,office identifying the savings achieved by the ,office of ,management and ,budget's government-wide information technology reform efforts3 ,provided further1 ,that such reports shall include savings identified by fiscal year1 agency1 and appropriation4 ,special assistance to the president salaries and expenses ,for necessary expenses to enable the ,vice ,president to provide assistance to the ,president in connection with specially assigned functions2 services as authorized by #e ,u4,s4,c4 #caji and #c ,u4,s4,c4 #ajf1 including subsistence expenses as authorized by #c ,u4,s4,c4 #ajf1 which shall be expended and accounted for as provided in that section2 and hire of passenger motor vehicles1 #d1baa1jjj4 ,official ,residence of the ,vice ,president operating expenses 7including transfer of funds7 ,for the care1 operation1 refurnishing1 improvement1 and to the extent not otherwise provided for1 heating and lighting1 including electric power and fixtures1 of the official residence of the ,vice ,president2 the hire of passenger motor vehicles2 and not to exceed #ij1jjj pursuant to #c ,u4,s4,c4 #ajf7;b77#b71 #bii1jjj3 ,provided1 ,that advances1 repayments1 or transfers from this appropriation may be made to any department or agency for expenses of carrying out such activities4 ,administrative provisions--,executive office of the president and funds appropriated to the president 7including transfer of funds7 #bja4 ,from funds made available in this ,act under the headings ,the ,white ,house1 ,executive ,residence at the ,white ,house1 ,white ,house ,repair and ,restoration1 ,council of ,economic ,advisers1 ,national ,security ,council and ,homeland ,security ,council1 ,office of ,administration1 ,special ,assistance to the ,president1 and ,official ,residence of the ,vice ,president1 the ,director of the ,office of ,management and ,budget 7or such other officer as the ,president may designate in writing71 may1 with advance approval of the ,committees on ,appropriations of the ,house of ,representatives and the ,senate1 transfer not to exceed #aj percent of any such appropriation to any other such appropriation1 to be merged with and available for the same time and for the same purposes as the appropriation to which transferred3 ,provided1 ,that the amount of an appropriation shall not be increased by more than #ej percent by such transfers3 ,provided further1 ,that no amount shall be transferred from ,special ,assistance to the ,president or ,official ,residence of the ,vice ,president without the approval of the ,vice ,president4 #bjb4 ,within #ij days after the date of enactment of this section1 the ,director of the ,office of ,management and ,budget shall submit a report to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate on the costs of implementing the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7,public ,law #aaa-bjc74 ,such report shall include-- 7#a7 the estimated mandatory and discretionary obligations of funds through fiscal year #bjah1 by ,federal agency and by fiscal year1 including-- 7,a7 the estimated obligations by cost inputs such as rent1 information technology1 contracts1 and personnel2 7,b7 the methodology and data sources used to calculate such estimated obligations2 and 7,c7 the specific section of such ,act that requires the obligation of funds2 and 7#b7 the estimated receipts through fiscal year #bjag from assessments1 user fees1 and other fees by the ,federal agency making the collections1 by fiscal year1 including-- 7,a7 the methodology and data sources used to calculate such estimated collections2 and 7,b7 the specific section of such ,act that authorizes the collection of funds4 #bjc4 7a7 ,during fiscal year #bjaf1 any ,executive order issued by the ,president shall be accompanied by a statement from the ,director of the ,office of ,management and ,budget on the budgetary impact1 including costs1 benefits1 and revenues1 of the ,executive order4 7b7 ,any such statement shall include-- 7#a7 a narrative summary of the budgetary impact of such order on the ,federal ,government2 7#b7 the impact on mandatory and discretionary obligations and outlays1 listed by ,federal agency1 for each year in the #e-;fiscal year period beginning in fiscal year #bjaf2 and 7#c7 the impact on revenues of the ,federal ,government over the #e-;fiscal year period beginning in fiscal year #bjaf4 7c7 ,if an ,executive order is issued during fiscal year #bjaf due to a national emergency1 the ,director of the ,office of ,management and ,budget may issue the statement required by subsection 7a7 not later than #ae days after the date that the ,executive order is issued4 ,this title may be cited as the ,executive ,office of the ,president ,appropriations ,act1 #bjaf4 ,,iii ,the judiciary ,supreme ,court of the ,united ,states salaries and expenses ,for expenses necessary for the operation of the ,supreme ,court1 as required by law1 excluding care of the building and grounds1 including hire of passenger motor vehicles as authorized by #ca ,u4,s4,c4 #acdc and #acdd2 not to exceed #aj1jjj for official reception and representation expenses2 and for miscellaneous expenses1 to be expended as the ,chief ,justice may approve1 #ge1hch1jjj1 of which #b1jjj1jjj shall remain available until expended4 ,in addition1 there are appropriated such sums as may be necessary under current law for the salaries of the chief justice and associate justices of the court4 care of the building and grounds ,for such expenditures as may be necessary to enable the ,architect of the ,capitol to carry out the duties imposed upon the ,architect by #dj ,u4,s4,c4 #faaa and #faab1 #i1ifd1jjj1 to remain available until expended4 ,united ,states ,court of ,appeals for the ,federal ,circuit salaries and expenses ,for salaries of officers and employees1 and for necessary expenses of the court1 as authorized by law1 #cj1hgb1jjj4 ,in addition1 there are appropriated such sums as may be necessary under current law for the salaries of the chief judge and judges of the court4 ,united ,states ,court of ,international ,trade salaries and expenses ,for salaries of officers and employees of the court1 services1 and necessary expenses of the court1 as authorized by law1 #ah1afj1jjj4 ,in addition1 there are appropriated such sums as may be necessary under current law for the salaries of the chief judge and judges of the court4 ,courts of ,appeals1 ,district ,courts1 and ,other ,judicial ,services ,salaries and expenses ,for the salaries of judges of the ,united ,states ,court of ,federal ,claims1 magistrate judges1 and all other officers and employees of the ,federal ,judiciary not otherwise specifically provided for1 necessary expenses of the courts1 and the purchase1 rental1 repair1 and cleaning of uniforms for ,probation and ,pretrial ,services ,office staff1 as authorized by law1 #d1ifj1jjh1jjj 7including the purchase of firearms and ammunition72 of which not to exceed #bg1hag1jjj shall remain available until expended for space alteration projects and for furniture and furnishings related to new space alteration and construction projects4 ,in addition1 there are appropriated such sums as may be necessary under current law for the salaries of circuit and district judges 7including judges of the territorial courts of the ,united ,states71 bankruptcy judges1 and justices and judges retired from office or from regular active service4 ,in addition1 for expenses of the ,united ,states ,court of ,federal ,claims associated with processing cases under the ,national ,childhood ,vaccine ,injury ,act of #aihf 7,public ,law #ii-ffj71 not to exceed #f1jde1jjj1 to be appropriated from the ,vaccine ,injury ,compensation ,trust ,fund4 defender services ,for the operation of ,federal ,defender organizations2 the compensation and reimbursement of expenses of attorneys appointed to represent persons under #ah ,u4,s4,c4 #cjjf;,a and #ceii1 and for the compensation and reimbursement of expenses of persons furnishing investigative1 expert1 and other services for such representations as authorized by law2 the compensation 7in accordance with the maximums under #ah ,u4,s4,c4 #cjjf;,a7 and reimbursement of expenses of attorneys appointed to assist the court in criminal cases where the defendant has waived representation by counsel2 the compensation and reimbursement of expenses of attorneys appointed to represent jurors in civil actions for the protection of their employment1 as authorized by #bh ,u4,s4,c4 #ahge7;d77#a72 the compensation and reimbursement of expenses of attorneys appointed under #ah ,u4,s4,c4 #ihc7;b77#a7 in connection with certain judicial civil forfeiture proceedings2 the compensation and reimbursement of travel expenses of guardians ad litem appointed under #ah ,u4,s4,c4 #dajj7;b72 and for necessary training and general administrative expenses1 #a1jdb1faf1jjj1 to remain available until expended4 fees of jurors and commissioners ,for fees and expenses of jurors as authorized by #bh ,u4,s4,c4 #ahga and #ahgf2 compensation of jury commissioners as authorized by #bh ,u4,s4,c4 #ahfc2 and compensation of commissioners appointed in condemnation cases pursuant to rule #ga4a7;h7 of the ,federal ,rules of ,civil ,procedure 7#bh ,u4,s4,c4 ,appendix ,rule #ga4a7;h771 #dh1dbc1jjj1 to remain available until expended3 ,provided1 ,that the compensation of land commissioners shall not exceed the daily equivalent of the highest rate payable under #e ,u4,s4,c4 #eccb4 court security 7including transfers of funds7 ,for necessary expenses1 not otherwise provided for1 incident to the provision of protective guard services for ,united ,states courthouses and other facilities housing ,federal court operations1 and the procurement1 installation1 and maintenance of security systems and equipment for ,united ,states courthouses and other facilities housing ,federal court operations1 including building ingress-egress control1 inspection of mail and packages1 directed security patrols1 perimeter security1 basic security services provided by the ,federal ,protective ,service1 and other similar activities as authorized by section #ajaj of the ,judicial ,improvement and ,access to ,justice ,act 7,public ,law #ajj-gjb71 #ech1gga1jjj1 of which not to exceed #ae1jjj1jjj shall remain available until expended1 to be expended directly or transferred to the ,united ,states ,marshals ,service1 which shall be responsible for administering the ,judicial ,facility ,security ,program consistent with standards or guidelines agreed to by the ,director of the ,administrative ,office of the ,united ,states ,courts and the ,attorney ,general4 ,administrative ,office of the ,united ,states ,courts salaries and expenses ,for necessary expenses of the ,administrative ,office of the ,united ,states ,courts as authorized by law1 including travel as authorized by #ca ,u4,s4,c4 #acde1 hire of a passenger motor vehicle as authorized by #ca ,u4,s4,c4 #acdc7;b71 advertising and rent in the ,district of ,columbia and elsewhere1 #hf1jjj1jjj1 of which not to exceed #h1ejj is authorized for official reception and representation expenses4 ,federal ,judicial ,center ,salaries and expenses ,for necessary expenses of the ,federal ,judicial ,center1 as authorized by ,public ,law #ij-bai1 #bg1jjj1jjj2 of which #a1hjj1jjj shall remain available through ,september #cj1 #bjag1 to provide education and training to ,federal court personnel2 and of which not to exceed #a1ejj is authorized for official reception and representation expenses4 ,united ,states ,sentencing ,commission salaries and expenses ,for the salaries and expenses necessary to carry out the provisions of chapter #eh of title #bh1 ,united ,states ,code1 #ag1jjj1jjj1 of which not to exceed #a1jjj is authorized for official reception and representation expenses4 ,administrative ,provisions--,the ,judiciary 7including transfer of funds7 #cja4 ,appropriations and authorizations made in this title which are available for salaries and expenses shall be available for services as authorized by #e ,u4,s4,c4 #caji4 #cjb4 ,not to exceed #e percent of any appropriation made available for the current fiscal year for the ,judiciary in this ,act may be transferred between such appropriations1 but no such appropriation1 except ,courts of ,appeals1 ,district ,courts1 and ,other ,judicial ,services1 ,defender ,services and ,courts of ,appeals1 ,district ,courts1 and ,other ,judicial ,services1 ,fees of ,jurors and ,commissioners1 shall be increased by more than #aj percent by any such transfers3 ,provided1 ,that any transfer pursuant to this section shall be treated as a reprogramming of funds under sections #fjd and #fjh of this ,act and shall not be available for obligation or expenditure except in compliance with the procedures set forth in section #fjh4 #cjc4 ,notwithstanding any other provision of law1 the salaries and expenses appropriation for ,courts of ,appeals1 ,district ,courts1 and ,other ,judicial ,services shall be available for official reception and representation expenses of the ,judicial ,conference of the ,united ,states3 ,provided1 ,that such available funds shall not exceed #aa1jjj and shall be administered by the ,director of the ,administrative ,office of the ,united ,states ,courts in the capacity as ,secretary of the ,judicial ,conference4 #cjd4 ,section #ccad7;a7 of title #dj1 ,united ,states ,code1 shall be applied by substituting ,federal for executive each place it appears4 #cje4 ,in accordance with #bh ,u4,s4,c4 #efa-efi1 and notwithstanding any other provision of law1 the ,united ,states ,marshals ,service shall provide1 for such courthouses as its ,director may designate in consultation with the ,director of the ,administrative ,office of the ,united ,states ,courts1 for purposes of a pilot program1 the security services that #dj ,u4,s4,c4 #acae authorizes the ,department of ,homeland ,security to provide1 except for the services specified in #dj ,u4,s4,c4 #acae7;b77#b77;,e74 ,for building-specific security services at these courthouses1 the ,director of the ,administrative ,office of the ,united ,states ,courts shall reimburse the ,united ,states ,marshals ,service rather than the ,department of ,homeland ,security4 #cjf4 7a7 ,section #cfjb7;a7 of title #ah1 ,united ,states ,code1 is amended-- 7#a7 by inserting after the first sentence3 ,a person appointed as a probation officer in one district may serve in another district with the consent of the appointing court and the court in the other district42 and 7#b7 by inserting in the last sentence appointing before court may1 for cause4 #cjg4 7a7 ,section #bjc7;c7 of the ,judicial ,improvements ,act of #aiij 7,public ,law #aja-fej2 #bh ,u4,s4,c4 #acc note71 is amended in the second sentence 7relating to the ,district of ,kansas7 following paragraph 7#ab71 by striking #bd years and #f months and inserting #be years and #f months4 7b7 ,section #djf of the ,transportation1 ,treasury1 ,housing and ,urban ,development1 the ,judiciary1 the ,district of ,columbia1 and ,independent ,agencies ,appropriations ,act1 #bjjf 7,public ,law #aji-aae2 #aai ,stat4 #bdgj2 #bh ,u4,s4,c4 #acc note7 is amended in the second sentence 7relating to the eastern ,district of ,missouri7 by striking #bb years and #f months and inserting #bc years and #f months4 7c7 ,section #cab7;c77#b7 of the #bast ,century ,department of ,justice ,appropriations ,authorization ,act 7,public ,law #ajg-bgc2 #bh ,u4,s4,c4 #acc note71 is amended-- 7#a7 in the first sentence by striking #ac years and inserting #ad years2 7#b7 in the second sentence 7relating to the central ,district of ,california71 by striking #ab years and #f months and inserting #ac years and #f months2 and 7#c7 in the third sentence 7relating to the western district of ,north ,carolina71 by striking #aa years and inserting #ab years4 ,this title may be cited as the ,judiciary ,appropriations ,act1 #bjaf4 ,,iv ,district of columbia ,federal ,funds federal payment for resident tuition support ,for a ,federal payment to the ,district of ,columbia1 to be deposited into a dedicated account1 for a nationwide program to be administered by the ,mayor1 for ,district of ,columbia resident tuition support1 #cj1jjj1jjj1 to remain available until expended3 ,provided1 ,that such funds1 including any interest accrued thereon1 may be used on behalf of eligible ,district of ,columbia residents to pay an amount based upon the difference between in-,state and out-of-,state tuition at public institutions of higher education1 or to pay up to #b1ejj each year at eligible private institutions of higher education3 ,provided further1 ,that the awarding of such funds may be prioritized on the basis of a resident's academic merit1 the income and need of eligible students and such other factors as may be authorized3 ,provided further1 ,that the ,district of ,columbia government shall maintain a dedicated account for the ,resident ,tuition ,support ,program that shall consist of the ,federal funds appropriated to the ,program in this ,act and any subsequent appropriations1 any unobligated balances from prior fiscal years1 and any interest earned in this or any fiscal year3 ,provided further1 ,that the account shall be under the control of the ,district of ,columbia ,chief ,financial ,officer1 who shall use those funds solely for the purposes of carrying out the ,resident ,tuition ,support ,program3 ,provided further1 ,that the ,office of the ,chief ,financial ,officer shall provide a quarterly financial report to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate for these funds showing1 by object class1 the expenditures made and the purpose therefor4 federal payment for emergency planning and security costs in the district of columbia ,for a ,federal payment of necessary expenses1 as determined by the ,mayor of the ,district of ,columbia in written consultation with the elected county or city officials of surrounding jurisdictions1 #ac1jjj1jjj1 to remain available until expended1 for the costs of providing public safety at events related to the presence of the ,national ,capital in the ,district of ,columbia1 including support requested by the ,director of the ,united ,states ,secret ,service in carrying out protective duties under the direction of the ,secretary of ,homeland ,security1 and for the costs of providing support to respond to immediate and specific terrorist threats or attacks in the ,district of ,columbia or surrounding jurisdictions4 federal payment to the district of columbia courts ,for salaries and expenses for the ,district of ,columbia ,courts1 #bdf1jjj1jjj to be allocated as follows3 for the ,district of ,columbia ,court of ,appeals1 #ad1jjj1jjj1 of which not to exceed #b1ejj is for official reception and representation expenses2 for the ,superior ,court of the ,district of ,columbia1 #abb1jjj1jjj1 of which not to exceed #b1ejj is for official reception and representation expenses2 for the ,district of ,columbia ,court ,system1 #gb1jjj1jjj1 of which not to exceed #b1ejj is for official reception and representation expenses2 and #ch1jjj1jjj1 to remain available until ,september #cj1 #bjag1 for capital improvements for ,district of ,columbia courthouse facilities3 ,provided1 ,that funds made available for capital improvements shall be expended consistent with the ,district of ,columbia ,courts master plan study and facilities condition assessment3 ,provided further1 ,that notwithstanding any other provision of law1 all amounts under this heading shall be apportioned quarterly by the ,office of ,management and ,budget and obligated and expended in the same manner as funds appropriated for salaries and expenses of other ,federal agencies3 ,provided further1 ,that #cj days after providing written notice to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate1 the ,district of ,columbia ,courts may reallocate not more than #f1jjj1jjj of the funds provided under this heading among the items and entities funded under this heading3 ,provided further1 ,that the ,joint ,committee on ,judicial ,administration in the ,district of ,columbia may1 by regulation1 establish a program substantially similar to the program set forth in subchapter ,,ii of chapter #ce of title #e1 ,united ,states ,code1 for employees of the ,district of ,columbia ,courts4 federal payment for defender services in district of columbia courts ,for payments authorized under section #aa-bfjd and section #aa-bfje1 ,d4,c4 ,official ,code 7relating to representation provided under the ,district of ,columbia ,criminal ,justice ,act71 payments for counsel appointed in proceedings in the ,family ,court of the ,superior ,court of the ,district of ,columbia under chapter #bc of title #af1 ,d4,c4 ,official ,code1 or pursuant to contractual agreements to provide guardian ad litem representation1 training1 technical assistance1 and such other services as are necessary to improve the quality of guardian ad litem representation1 payments for counsel appointed in adoption proceedings under chapter #c of title #af1 ,d4,c4 ,official ,code1 and payments authorized under section #ba-bjfj1 ,d4,c4 ,official ,code 7relating to services provided under the ,district of ,columbia ,guardianship1 ,protective ,proceedings1 and ,durable ,power of ,attorney ,act of #aihf71 #di1hij1jjj1 to remain available until expended3 ,provided1 ,that funds provided under this heading shall be administered by the ,joint ,committee on ,judicial ,administration in the ,district of ,columbia3 ,provided further1 ,that1 notwithstanding any other provision of law1 this appropriation shall be apportioned quarterly by the ,office of ,management and ,budget and obligated and expended in the same manner as funds appropriated for expenses of other ,federal agencies4 federal payment to the court services and offender supervision agency for the district of columbia ,for salaries and expenses1 including the transfer and hire of motor vehicles1 of the ,court ,services and ,offender ,supervision ,agency for the ,district of ,columbia1 as authorized by the ,national ,capital ,revitalization and ,self-,government ,improvement ,act of #aiig1 #bdb1jjj1jjj1 of which not to exceed #b1jjj is for official reception and representation expenses related to ,community ,supervision and ,pretrial ,services ,agency programs1 of which not to exceed #be1jjj is for dues and assessments relating to the implementation of the ,court ,services and ,offender ,supervision ,agency ,interstate ,supervision ,act of #bjjb2 of which #aha1jjj1jjj shall be for necessary expenses of ,community ,supervision and ,sex ,offender ,registration1 to include expenses relating to the supervision of adults subject to protection orders or the provision of services for or related to such persons1 of which up to #c1aei1jjj shall remain available until ,september #cj1 #bjah1 for the relocation of offender supervision field offices2 and of which #fa1jjj1jjj shall be available to the ,pretrial ,services ,agency3 ,provided1 ,that notwithstanding any other provision of law1 all amounts under this heading shall be apportioned quarterly by the ,office of ,management and ,budget and obligated and expended in the same manner as funds appropriated for salaries and expenses of other ,federal agencies3 ,provided further1 ,that amounts under this heading may be used for programmatic incentives for offenders and defendants successfully meeting terms of supervision3 ,provided further1 ,that the ,director is authorized to accept and use gifts in the form of in-kind contributions of the following3 space and hospitality to support offender and defendant programs2 equipment1 supplies1 clothing1 and professional development and vocational training services and items necessary to sustain1 educate1 and train offenders and defendants1 including their dependent children2 and programmatic incentives for offenders and defendants meeting terms of supervision3 ,provided further1 ,that the ,director shall keep accurate and detailed records of the acceptance and use of any gift under the previous proviso1 and shall make such records available for audit and public inspection3 ,provided further1 ,that the ,court ,services and ,offender ,supervision ,agency ,director is authorized to accept and use reimbursement from the ,district of ,columbia ,government for space and services provided on a cost reimbursable basis4 federal payment to the district of columbia public defender service ,for salaries and expenses1 including the transfer and hire of motor vehicles1 of the ,district of ,columbia ,public ,defender ,service1 as authorized by the ,national ,capital ,revitalization and ,self-,government ,improvement ,act of #aiig1 #dj1hhi1jjj3 ,provided1 ,that notwithstanding any other provision of law1 all amounts under this heading shall be apportioned quarterly by the ,office of ,management and ,budget and obligated and expended in the same manner as funds appropriated for salaries and expenses of ,federal agencies3 ,provided further1 ,that1 notwithstanding section #acdb of title #ca1 ,united ,states ,code1 and in addition to the authority provided by the ,district of ,columbia ,code ,section #b-afjg7;b71 upon approval of the ,board of ,trustees1 the ,district of ,columbia ,public ,defender ,service may accept and use voluntary and uncompensated services for the purpose of aiding or facilitating the work of the ,district of ,columbia ,public ,defender ,service3 ,provided further1 ,that1 notwithstanding ,district of ,columbia ,code section #b-afjc7;d71 for the purpose of any action brought against the ,board of the ,trustees of the ,district of ,columbia ,public ,defender ,service1 the trustees shall be deemed to be employees of the ,public ,defender ,service4 ,federal payment to the district of columbia water and sewer authority ,for a ,federal payment to the ,district of ,columbia ,water and ,sewer ,authority1 #ad1jjj1jjj1 to remain available until expended1 to continue implementation of the ,combined ,sewer ,overflow ,long-,term ,plan3 ,provided1 ,that the ,district of ,columbia ,water and ,sewer ,authority provides a #ajj percent match for this payment4 federal payment to the criminal justice coordinating council ,for a ,federal payment to the ,criminal ,justice ,coordinating ,council1 #a1ijj1jjj1 to remain available until expended1 to support initiatives related to the coordination of ,federal and local criminal justice resources in the ,district of ,columbia4 ,federal ,payment for ,judicial ,commissions ,for a ,federal payment1 to remain available until ,september #cj1 #bjag1 to the ,commission on ,judicial ,disabilities and ,tenure1 #bie1jjj1 and for the ,judicial ,nomination ,commission1 #bgj1jjj4 federal payment for school improvement ,for a ,federal payment for a school improvement program in the ,district of ,columbia1 #de1jjj1jjj1 to remain available until expended1 for payments authorized under the ,scholarship for ,opportunity and ,results ,act 7division ,c of ,public ,law #aab-aj73 ,provided1 ,that within funds provided for opportunity scholarships #c1bjj1jjj shall be for the activities specified in sections #cjjg7;b7 through #cjjg7;d7 and #cjji of the ,act4 ,federal ,payment for the ,district of ,columbia ,national ,guard ,for a ,federal payment to the ,district of ,columbia ,national ,guard1 #dce1jjj1 to remain available until expended for the ,major ,general ,david ,f4 ,wherley1 ,jr4 ,district of ,columbia ,national ,guard ,retention and ,college ,access ,program4 federal payment for testing and treatment of hiv_/aids ,for a ,federal payment to the ,district of ,columbia for the testing of individuals for1 and the treatment of individuals with1 human immunodeficiency virus and acquired immunodeficiency syndrome in the ,district of ,columbia1 #e1jjj1jjj4 ,district of ,columbia ,funds ,local funds are appropriated for the ,district of ,columbia for the current fiscal year out of the ,general ,fund of the ,district of ,columbia 7,general ,fund7 for programs and activities set forth under the heading ,district of ,columbia ,funds ,summary of ,expenses and at the rate set forth under such heading1 as included in the ,fiscal ,year #bjaf ,budget ,request ,act of #bjae submitted to the ,congress by the ,district of ,columbia as amended as of the date of enactment of this ,act3 ,provided1 ,that notwithstanding any other provision of law1 except as provided in section #dej;,a of the ,district of ,columbia ,home ,rule ,act 7section #a-bjd4ej;a1 ,d4,c4 ,official ,code71 sections #haf and #hag of the ,financial ,services and ,general ,government ,appropriations ,act1 #bjji 7secs4 #dg-cfi4ja and #dg-cfi4jb1 ,d4,c4 ,official ,code71 and provisions of this ,act1 the total amount appropriated in this ,act for operating expenses for the ,district of ,columbia for fiscal year #bjaf under this heading shall not exceed the estimates included in the ,fiscal ,year #bjaf ,budget ,request ,act of #bjae submitted to ,congress by the ,district of ,columbia as amended as of the date of enactment of this ,act or the sum of the total revenues of the ,district of ,columbia for such fiscal year3 ,provided further1 ,that the amount appropriated may be increased by proceeds of one-time transactions1 which are expended for emergency or unanticipated operating or capital needs3 ,provided further1 ,that such increases shall be approved by enactment of local ,district law and shall comply with all reserve requirements contained in the ,district of ,columbia ,home ,rule ,act3 ,provided further1 ,that the ,chief ,financial ,officer of the ,district of ,columbia shall take such steps as are necessary to assure that the ,district of ,columbia meets these requirements1 including the apportioning by the ,chief ,financial ,officer of the appropriations and funds made available to the ,district during fiscal year #bjaf1 except that the ,chief ,financial ,officer may not reprogram for operating expenses any funds derived from bonds1 notes1 or other obligations issued for capital projects4 ,this title may be cited as the ,district of ,columbia ,appropriations ,act1 #bjaf4 ,v ,independent agencies ,administrative ,conference of the ,united ,states ,salaries and ,expenses ,for necessary expenses of the ,administrative ,conference of the ,united ,states1 authorized by #e ,u4,s4,c4 #eia et seq41 #c1ajj1jjj1 to remain available until ,september #cj1 #bjag1 of which not to exceed #a1jjj is for official reception and representation expenses4 ,bureau of ,consumer ,financial ,protection ,administrative ,provisions #eja4 ,section #ajag7;a77#b77;,c7 of ,public ,law #aaa-bjc is repealed4 #ejb4 ,effective ,october #a1 #bjaf1 notwithstanding section #ajag of ,public ,law #aaa-bjc-- 7#a7 the ,board of ,governors of the ,federal ,reserve ,system shall not transfer amounts specified under such section to the ,bureau of ,consumer ,financial ,protection2 and 7#b7 there are authorized to be appropriated to the ,bureau of ,consumer ,financial ,protection such sums as may be necessary to carry out the authorities of the ,bureau under ,federal consumer financial law4 #ejc4 7a7 ,during fiscal year #bjaf1 on the date on which a request is made for a transfer of funds in accordance with section #ajag of ,public ,law #aaa-bjc1 the ,bureau of ,consumer ,financial ,protection shall notify the ,committees on ,appropriations of the ,house of ,representatives and the ,senate1 the ,committee on ,financial ,services of the ,house of ,representatives1 and the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate of such request4 7b7 7#a7 ,any such notification shall include the amount of the funds requested1 an explanation of how the funds will be obligated by object class and activity1 and why the funds are necessary to protect consumers4 7#b7 ,any notification required by this section shall be made available on the ,bureau's public ,web site4 #ejd4 7a7 ,not later than #b weeks after the end of each quarter of each fiscal year1 the ,bureau of ,consumer ,financial ,protection shall submit a report on its activities to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate1 the ,committee on ,financial ,services of the ,house of ,representatives1 and the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate4 7b7 ,the reports required under subsection 7a7 shall include-- 7#a7 the obligations made during the previous quarter by object class1 office1 and activity2 7#b7 the estimated obligations for the remainder of the fiscal year by object class1 office1 and activity2 7#c7 the number of full-time equivalents within each office during the previous quarter2 7#d7 the estimated number of full-time equivalents within each office for the remainder of the fiscal year2 and 7#e7 actions taken to achieve the goals1 objectives1 and performance measures of each office4 7c7 ,at the request of any committee specified in subsection 7a71 the ,bureau of ,consumer ,financial ,protection shall make ,bureau officials available to testify on the contents of the reports required under subsection 7a74 #eje4 7a7 ,in general ,section #ajaa of the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #edia7 is amended-- 7#a7 by striking subsections 7b71 7c71 and 7d72 7#b7 by redesignating subsection 7e7 as subsection 7c72 and 7#c7 by inserting after subsection 7a7 the following3 7b7 ,management of the bureau 7#a7 ,in general ,the management of the ,bureau shall be vested in a ,board of ,directors consisting of #e members1 who shall be appointed by the ,president1 by and with the advice and consent of the ,senate1 from among individuals who-- 7,a7 are citizens of the ,united ,states2 and 7,b7 have developed strong competency and understanding of1 and have experience working with1 financial products and services4 7#b7 ,terms 7,a7 ,in general ,except as provided in subparagraph 7,b71 each member of the ,board1 including the ,chairperson1 shall serve for a term of #e years4 7,b7 ,staggered terms ,the members of the ,board shall serve staggered terms1 which shall initially be for terms of #a1 #b1 #c1 #d1 and #e years1 respectively1 and such members shall be appointed such that1 after the appointments of the initial #e members of the ,board1 members of different political parties are appointed alternately4 7,c7 ,removal ,the ,president may remove any member of the ,board for inefficiency1 neglect of duty1 or malfeasance in office4 7,d7 ,vacancies ,any member of the ,board appointed to fill a vacancy occurring before the expiration of the term to which the predecessor of that member was appointed 7including the ,chairperson7 shall be appointed only for the remainder of the term4 7,e7 ,continuation of service ,each member of the ,board may continue to serve after the expiration of the term of office to which that member was appointed until a successor has been appointed by the ,president and confirmed by the ,senate1 except that a member may not continue to serve more than #a year after the date on which the term of that member would otherwise expire4 7,f7 ,successive terms ,a member of the ,board may not be reappointed to a second consecutive term1 except that an initial member of the ,board appointed for less than a #e-year term may be reappointed to a full #e-year term and a future member appointed to fill an unexpired term may be reappointed for a full #e-year term4 7#c7 ,affiliation ,not more than #c members of the ,board shall be members of any #a political party4 7#d7 ,chairperson of the board 7,a7 ,appointment ,the ,president shall appoint #a of the #e members of the ,board to serve as ,chairperson of the ,board4 7,b7 ,authority ,the ,chairperson shall be the principal executive officer of the ,bureau1 and shall exercise all of the executive and administrative functions of the ,bureau1 including with respect to-- 7i7 the supervision of personnel employed by the ,bureau 7other than personnel employed regularly and full time in the immediate offices of members of the ,board other than the ,chairperson72 7ii7 the distribution of business among personnel appointed and supervised by the ,chairperson and among administrative units of the ,bureau2 and 7iii7 the use and expenditure of funds4 7,c7 ,limitation ,in carrying out any of the functions of the ,chairperson under this paragraph1 the ,chairperson shall be governed by general policies of the ,bureau and by such regulatory decisions1 findings1 and determinations as the ,bureau may by law be authorized to make4 7,d7 ,requests or estimates related to appropriations ,any request or estimate for regular1 supplemental1 or deficiency appropriations on behalf of the ,bureau1 including any request for a transfer of funds under section #ajag7;a71 may not be submitted by the ,chairperson without the prior approval of the ,board4 7,e7 ,vacancy ,the ,president may designate a member of the ,board to serve as ,acting ,chairperson in the event of a vacancy in the office of the ,chairperson4 7#e7 ,compensation 7,a7 ,chairperson ,the ,chairperson shall receive compensation at the rate prescribed for level ,i of the ,executive ,schedule under section #ecab of title #e1 ,united ,states ,code4 7,b7 ,other members of the board ,the #d members of the ,board other than the ,chairperson shall each receive compensation at the rate prescribed for level ,,ii of the ,executive ,schedule under section #ecac of title #e1 ,united ,states ,code4 7#f7 ,other employment prohibited ,a member of the ,board may not engage in any other business1 vocation1 or employment4 4 7b7 ,effective date ,the amendments made by this section shall take effect on the later of-- 7#a7 ,october #a1 #bjaf2 or 7#b7 the date on which not less than #c persons have been confirmed by the ,senate to serve as members of the ,board of ,directors of the ,bureau of ,consumer ,financial ,protection4 ,commodity ,futures ,trading ,commission 7including ,transfers of ,funds7 ,for necessary expenses to carry out the provisions of the ,commodity ,exchange ,act 7#g ,u4,s4,c4 #a et seq471 including the purchase and hire of passenger motor vehicles1 and the rental of space 7to include multiple year leases7 in the ,district of ,columbia and elsewhere1 #bej1jjj1jjj1 including not to exceed #c1jjj for official reception and representation expenses1 and not to exceed #be1jjj for the expenses for consultations and meetings hosted by the ,commission with foreign governmental and other regulatory officials1 of which not less than #ea1jjj1jjj1 to remain available until ,september #cj1 #bjag1 shall be for the purchase of information technology and of which not less than #b1fbj1jjj shall be for the ,office of the ,inspector ,general4 ,consumer product safety commission salaries and expenses ,for necessary expenses of the ,consumer ,product ,safety ,commission1 including hire of passenger motor vehicles1 services as authorized by #e ,u4,s4,c4 #caji1 but at rates for individuals not to exceed the per diem rate equivalent to the maximum rate payable under #e ,u4,s4,c4 #ecgf1 purchase of nominal awards to recognize non-,federal officials' contributions to ,commission activities1 and not to exceed #d1jjj for official reception and representation expenses1 #abc1jjj1jjj4 ,election assistance commission salaries and expenses 7including transfer of funds7 ,for necessary expenses to carry out the ,help ,america ,vote ,act of #bjjb 7,public ,law #ajg-beb71 #i1fjj1jjj1 of which #a1ejj1jjj shall be transferred to the ,national ,institute of ,standards and ,technology for election reform activities authorized under the ,help ,america ,vote ,act of #bjjb4 ,federal communications commission ,salaries and expenses ,for necessary expenses of the ,federal ,communications ,commission1 as authorized by law1 including uniforms and allowances therefor1 as authorized by #e ,u4,s4,c4 #eija-eijb2 not to exceed #d1jjj for official reception and representation expenses2 purchase and hire of motor vehicles2 special counsel fees2 and services as authorized by #e ,u4,s4,c4 #caji1 #cbj1jjj1jjj1 to remain available until expended3 ,provided1 ,that in addition1 #dd1afh1dig shall be made available until expended for necessary expenses associated with moving to a new facility or reconfiguring the existing space to significantly reduce space consumption3 ,provided further1 ,that #cfd1afh1dig of offsetting collections shall be assessed and collected pursuant to section #i of title ,i of the ,communications ,act of #aicd1 shall be retained and used for necessary expenses and shall remain available until expended3 ,provided further1 ,that the sum herein appropriated shall be reduced as such offsetting collections are received during fiscal year #bjaf so as to result in a final fiscal year #bjaf appropriation estimated at #j3 ,provided further1 ,that any offsetting collections received in excess of #cfd1afh1dig in fiscal year #bjaf shall not be available for obligation3 ,provided further1 ,that remaining offsetting collections from prior years collected in excess of the amount specified for collection in each such year and otherwise becoming available on ,october #a1 #bjae1 shall not be available for obligation3 ,provided further1 ,that1 notwithstanding #dg ,u4,s4,c4 #cji7;j77#h77;,b71 proceeds from the use of a competitive bidding system that may be retained and made available for obligation shall not exceed #aag1jjj1jjj for fiscal year #bjaf1 including not to exceed #eah1iha for obligation by the ,office of the ,inspector ,general3 ,provided further1 ,that1 of the amount appropriated under this heading1 not less than #aa1jij1jjj shall be for the salaries and expenses of the ,office of ,inspector ,general4 ,administrative provisions--federal communications commission #eaj4 ,section #cjb of the ,universal ,service ,antideficiency ,temporary ,suspension ,act is amended by striking ,december #ca1 #bjaf1 each place it appears and inserting ,december #ca1 #bjag4 #eaa4 ,none of the funds appropriated by this ,act may be used by the ,federal ,communications ,commission to modify1 amend1 or change its rules or regulations for universal service support payments to implement the ,february #bg1 #bjjd recommendations of the ,federal-,state ,joint ,board on ,universal ,service regarding single connection or primary line restrictions on universal service support payments4 ,federal deposit insurance corporation office of the inspector general ,for necessary expenses of the ,office of ,inspector ,general in carrying out the provisions of the ,inspector ,general ,act of #aigh1 #cd1efh1jjj1 to be derived from the ,deposit ,insurance ,fund or1 only when appropriate1 the ,,fslic ,resolution ,fund4 ,federal ,election ,commission ,salaries and expenses ,for necessary expenses to carry out the provisions of the ,federal ,election ,campaign ,act of #aiga1 #gb1ejj1jjj1 of which #e1jjj1jjj shall remain available until ,september #cj1 #bjag1 for lease expiration and replacement lease expenses2 and of which not to exceed #e1jjj shall be available for reception and representation expenses4 ,federal ,labor ,relations ,authority ,salaries and expenses ,for necessary expenses to carry out functions of the ,federal ,labor ,relations ,authority1 pursuant to ,reorganization ,plan ,numbered #b of #aigh1 and the ,civil ,service ,reform ,act of #aigh1 including services authorized by #e ,u4,s4,c4 #caji1 and including hire of experts and consultants1 hire of passenger motor vehicles1 and including official reception and representation expenses 7not to exceed #a1ejj7 and rental of conference rooms in the ,district of ,columbia and elsewhere1 #be1edh1jjj3 ,provided1 ,that public members of the ,federal ,service ,impasses ,panel may be paid travel expenses and per diem in lieu of subsistence as authorized by law 7#e ,u4,s4,c4 #egjc7 for persons employed intermittently in the ,government service1 and compensation as authorized by #e ,u4,s4,c4 #caji3 ,provided further1 ,that1 notwithstanding #ca ,u4,s4,c4 #ccjb1 funds received from fees charged to non-,federal participants at labor-management relations conferences shall be credited to and merged with this account1 to be available without further appropriation for the costs of carrying out these conferences4 ,federal trade commission ,salaries and expenses ,for necessary expenses of the ,federal ,trade ,commission1 including uniforms or allowances therefor1 as authorized by #e ,u4,s4,c4 #eija-eijb2 services as authorized by #e ,u4,s4,c4 #caji2 hire of passenger motor vehicles2 and not to exceed #b1jjj for official reception and representation expenses1 #cjj1jjj1jjj1 to remain available until expended3 ,provided1 ,that not to exceed #cjj1jjj shall be available for use to contract with a person or persons for collection services in accordance with the terms of #ca ,u4,s4,c4 #cgah3 ,provided further1 ,that1 notwithstanding any other provision of law1 not to exceed #abd1jjj1jjj of offsetting collections derived from fees collected for premerger notification filings under the ,hart-,scott-,rodino ,antitrust ,improvements ,act of #aigf 7#ae ,u4,s4,c4 #ah;a71 regardless of the year of collection1 shall be retained and used for necessary expenses in this appropriation3 ,provided further1 ,that1 notwithstanding any other provision of law1 not to exceed #ad1jjj1jjj in offsetting collections derived from fees sufficient to implement and enforce the ,telemarketing ,sales ,rule1 promulgated under the ,telemarketing and ,consumer ,fraud and ,abuse ,prevention ,act 7#ae ,u4,s4,c4 #faja et seq471 shall be credited to this account1 and be retained and used for necessary expenses in this appropriation3 ,provided further1 ,that the sum herein appropriated from the general fund shall be reduced as such offsetting collections are received during fiscal year #bjaf1 so as to result in a final fiscal year #bjaf appropriation from the general fund estimated at not more than #afb1jjj1jjj3 ,provided further1 ,that none of the funds made available to the ,federal ,trade ,commission may be used to implement subsection 7e77#b77;,b7 of section #dc of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahcat74 ,general ,services ,administration real property activities federal buildings fund limitations on availability of revenue 7including transfers of funds7 ,amounts in the ,fund1 including revenues and collections deposited into the ,fund shall be available for necessary expenses of real property management and related activities not otherwise provided for1 including operation1 maintenance1 and protection of federally owned and leased buildings2 rental of buildings in the ,district of ,columbia2 restoration of leased premises2 moving governmental agencies 7including space adjustments and telecommunications relocation expenses7 in connection with the assignment1 allocation and transfer of space2 contractual services incident to cleaning or servicing buildings1 and moving2 repair and alteration of federally owned buildings including grounds1 approaches and appurtenances2 care and safeguarding of sites2 maintenance1 preservation1 demolition1 and equipment2 acquisition of buildings and sites by purchase1 condemnation1 or as otherwise authorized by law2 acquisition of options to purchase buildings and sites2 conversion and extension of federally owned buildings2 preliminary planning and design of projects by contract or otherwise2 construction of new buildings 7including equipment for such buildings72 and payment of principal1 interest1 and any other obligations for public buildings acquired by installment purchase and purchase contract2 in the aggregate amount of #h1cjd1dbb1jjj1 of which-- 7#a7 #aha1ejj1jjj shall remain available until expended for construction and acquisition activities 7including funds for sites and expenses1 and associated design and construction services7 for the ,united ,states ,courthouse in ,nashville1 ,tennessee3 ,provided1 ,that the foregoing limit of costs on new construction and acquisition may be exceeded to the extent that savings are effected in other such projects1 but not to exceed #aj percent of the amounts included in a transmitted prospectus1 if required1 unless advance approval is obtained from the ,committees on ,appropriations of a greater amount2 7#b7 #ceg1ahi1jjj shall remain available until expended for repairs and alterations1 including associated design and construction services1 of which-- 7,a7 #aeg1ahi1jjj is for ,major ,repair and ,alterations activities1 including #if1cdd1jjj for the ,jacob ,k4 ,javits ,federal ,office ,building in ,new ,york ,city1 ,new ,york1 and #fj1hde1jjj for the ,edward ,j4 ,schwartz ,federal ,building and ,u4,s4 ,courthouse in ,san ,diego1 ,california2 7,b7 #bjj1jjj1jjj is for ,basic ,repairs and ,alterations1 ,consolidation ,activities1 the ,judiciary ,capital ,security ,program1 and the ,fire and ,life ,safety ,program3 ,provided1 ,that funds made available in this or any previous ,act in the ,federal ,buildings ,fund for ,repairs and ,alterations shall1 for prospectus projects1 be limited to the amount identified for each project1 except each project in this or any previous ,act may be increased by an amount not to exceed #aj percent unless advance approval is obtained from the ,committees on ,appropriations of a greater amount3 ,provided further1 ,that additional projects for which prospectuses have been fully approved may be funded under this category only if advance approval is obtained from the ,committees on ,appropriations3 ,provided further1 ,that the amounts provided in this or any prior ,act for ,repairs and ,alterations may be used to fund costs associated with implementing security improvements to buildings necessary to meet the minimum standards for security in accordance with current law and in compliance with the reprogramming guidelines of the appropriate ,committees of the ,house and ,senate3 ,provided further1 ,that the difference between the funds appropriated and expended on any projects in this or any prior ,act1 under the heading #8#8,repairs and ,alterations''1 may be transferred to ,basic ,repairs and ,alterations or used to fund authorized increases in prospectus projects3 ,provided further1 ,that the amount provided in this or any prior ,act for ,basic ,repairs and ,alterations may be used to pay claims against the ,government arising from any projects under the heading ,repairs and ,alterations or used to fund authorized increases in prospectus projects2 7#c7 #e1eba1fja1jjj for rental of space to remain available until expended2 and 7#d7 #b1bdd1acb1jjj for building operations to remain available until expended3 ,provided further1 ,that the total amount of funds made available from this ,fund to the ,general ,services ,administration shall not be available for expenses of any construction1 repair1 alteration and acquisition project for which a prospectus1 if required by #dj ,u4,s4,c4 #ccjg7;a71 has not been approved1 except that necessary funds may be expended for each project for required expenses for the development of a proposed prospectus3 ,provided further1 ,that funds available in the ,federal ,buildings ,fund may be expended for emergency repairs when advance approval is obtained from the ,committees on ,appropriations3 ,provided further1 ,that amounts necessary to provide reimbursable special services to other agencies under #dj ,u4,s4,c4 #eib7;b77#b7 and amounts to provide such reimbursable fencing1 lighting1 guard booths1 and other facilities on private or other property not in ,government ownership or control as may be appropriate to enable the ,united ,states ,secret ,service to perform its protective functions pursuant to #ah ,u4,s4,c4 #cjef1 shall be available from such revenues and collections3 ,provided further1 ,that revenues and collections and any other sums accruing to this ,fund during fiscal year #bjaf1 excluding reimbursements under #dj ,u4,s4,c4 #eib7;b77#b71 in excess of the aggregate new obligational authority authorized for ,real ,property ,activities of the ,federal ,buildings ,fund in this ,act shall remain in the ,fund and shall not be available for expenditure except as authorized in appropriations ,acts4 general activities government-wide policy ,for expenses authorized by law1 not otherwise provided for1 for ,government-wide policy and evaluation activities associated with the management of real and personal property assets and certain administrative services2 ,government-wide policy support responsibilities relating to acquisition1 travel1 motor vehicles1 information technology management1 and related technology activities2 and services as authorized by #e ,u4,s4,c4 #caji2 #eh1jjj1jjj4 operating expenses 7including transfer of funds7 ,for expenses authorized by law1 not otherwise provided for1 for ,government-wide activities associated with utilization and donation of surplus personal property2 disposal of real property2 agency-wide policy direction1 management1 and communications2 the ,civilian ,board of ,contract ,appeals2 and services as authorized by #e ,u4,s4,c4 #caji2 #eh1efj1jjj1 of which not to exceed #g1ejj is for official reception and representation expenses4 office of inspector general ,for necessary expenses of the ,office of ,inspector ,general and service authorized by #e ,u4,s4,c4 #caji1 #fe1jjj1jjj1 of which #b1jjj1jjj is available until expended3 ,provided1 ,that not to exceed #ej1jjj shall be available for payment for information and detection of fraud against the ,government1 including payment for recovery of stolen ,government property3 ,provided further1 ,that not to exceed #b1ejj shall be available for awards to employees of other ,federal agencies and private citizens in recognition of efforts and initiatives resulting in enhanced ,office of ,inspector ,general effectiveness4 allowances and office staff for former presidents ,for carrying out the provisions of the ,act of ,august #be1 #aieh 7#c ,u4,s4,c4 #ajb note71 and ,public ,law #ie-ach1 #c1bgg1jjj4 pre-election presidential transition 7including transfer of funds7 ,for activities authorized by the ,pre-,election ,presidential ,transition ,act of #bjaj 7,public ,law #aaa-bhc71 not to exceed #ac1bgh1jjj1 to remain available until ,september #cj1 #bjag3 ,provided1 ,that such amounts may be transferred to ,acquisition ,services ,fund or ,federal ,buildings ,fund to reimburse obligations incurred for the purposes provided herein in fiscal year #bjae3 ,provided further1 ,that amounts made available under this heading shall be in addition to any other amounts available for such purposes4 ,federal ,citizen ,services ,fund 7including transfers of funds7 ,for necessary expenses of the ,office of ,citizen ,services and ,innovative ,technologies1 including services authorized by #dj ,u4,s4,c4 #cbc and #dd ,u4,s4,c4 #cfjd2 and for necessary expenses in support of interagency projects that enable the ,federal ,government to enhance its ability to conduct activities electronically1 through the development and implementation of innovative uses of information technology2 #ee1hid1jjj1 to be deposited into the ,federal ,citizen ,services ,fund3 ,provided1 ,that the previous amount may be transferred to ,federal agencies to carry out the purpose of the ,federal ,citizen ,services ,fund3 ,provided further1 ,that the appropriations1 revenues1 reimbursements1 and collections deposited into the ,fund shall be available until expended for necessary expenses of ,federal ,citizen ,services and other activities that enable the ,federal ,government to enhance its ability to conduct activities electronically in the aggregate amount not to exceed #ij1jjj1jjj3 ,provided further1 ,that appropriations1 revenues1 reimbursements1 and collections accruing to this ,fund during fiscal year #bjaf in excess of such amount shall remain in the ,fund and shall not be available for expenditure except as authorized in appropriations ,acts3 ,provided further1 ,that any appropriations provided to the ,electronic ,government ,fund that remain unobligated may be transferred to the ,federal ,citizen ,services ,fund3 ,provided further1 ,that the transfer authorities provided herein shall be in addition to any other transfer authority provided in this ,act4 ,administrative ,provisions--,general ,services ,administration 7including transfer of funds7 #ebj4 ,funds available to the ,general ,services ,administration shall be available for the hire of passenger motor vehicles4 #eba4 ,funds in the ,federal ,buildings ,fund made available for fiscal year #bjaf for ,federal ,buildings ,fund activities may be transferred between such activities only to the extent necessary to meet program requirements3 ,provided1 ,that any proposed transfers shall be approved in advance by the ,committees on ,appropriations of the ,house of ,representatives and the ,senate4 #ebb4 ,except as otherwise provided in this title1 funds made available by this ,act shall be used to transmit a fiscal year #bjag request for ,united ,states ,courthouse construction only if the request3 7#a7 meets the design guide standards for construction as established and approved by the ,general ,services ,administration1 the ,judicial ,conference of the ,united ,states1 and the ,office of ,management and ,budget2 7#b7 reflects the priorities of the ,judicial ,conference of the ,united ,states as set out in its approved #e-year construction plan2 and 7#c7 includes a standardized courtroom utilization study of each facility to be constructed1 replaced1 or expanded4 #ebc4 ,none of the funds provided in this ,act may be used to increase the amount of occupiable square feet1 provide cleaning services1 security enhancements1 or any other service usually provided through the ,federal ,buildings ,fund1 to any agency that does not pay the rate per square foot assessment for space and services as determined by the ,general ,services ,administration in consideration of the ,public ,buildings ,amendments ,act of #aigb 7,public ,law #ib-cac74 #ebd4 ,from funds made available under the heading ,federal ,buildings ,fund1 ,limitations on ,availability of ,revenue1 claims against the ,government of less than #bej1jjj arising from direct construction projects and acquisition of buildings may be liquidated from savings effected in other construction projects with prior notification to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate4 #ebe4 ,in any case in which the ,committee on ,transportation and ,infrastructure of the ,house of ,representatives and the ,committee on ,environment and ,public ,works of the ,senate adopt a resolution granting lease authority pursuant to a prospectus transmitted to ,congress by the ,administrator of the ,general ,services ,administration under #dj ,u4,s4,c4 #ccjg1 the ,administrator shall ensure that the delineated area of procurement is identical to the delineated area included in the prospectus for all lease agreements1 except that1 if the ,administrator determines that the delineated area of the procurement should not be identical to the delineated area included in the prospectus1 the ,administrator shall provide an explanatory statement to each of such committees and the ,committees on ,appropriations of the ,house of ,representatives and the ,senate prior to exercising any lease authority provided in the resolution4 #ebf4 ,with respect to each project funded under the heading 8,major ,repairs and ,alterations0 or 8,judiciary ,capital ,security ,program01 the ,administrator of ,general ,services shall submit a spending plan and explanation for each project to be undertaken to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate not later than #cj days after the date of enactment of this ,act4 #ebg4 ,any consolidation of the headquarters of the ,federal ,bureau of ,investigation must result in a full consolidation4 ,harry ,s ,truman scholarship foundation ,salaries and expenses ,for payment to the ,harry ,s ,truman ,scholarship ,foundation ,trust ,fund1 established by section #aj of ,public ,law #ic-fdb1 #a1jjj1jjj1 to remain available until expended4 ,merit ,systems ,protection ,board ,salaries and ,expenses 7including transfer of funds7 ,for necessary expenses to carry out functions of the ,merit ,systems ,protection ,board pursuant to ,reorganization ,plan ,numbered #b of #aigh1 the ,civil ,service ,reform ,act of #aigh1 and the ,whistleblower ,protection ,act of #aihi 7#e ,u4,s4,c4 #eeji note71 including services as authorized by #e ,u4,s4,c4 #caji1 rental of conference rooms in the ,district of ,columbia and elsewhere1 hire of passenger motor vehicles1 direct procurement of survey printing1 and not to exceed #b1jjj for official reception and representation expenses1 #db1gdj1jjj1 to remain available until ,september #cj1 #bjag1 together with not to exceed #b1cde1jjj1 to remain available until ,september #cj1 #bjag1 for administrative expenses to adjudicate retirement appeals to be transferred from the ,civil ,service ,retirement and ,disability ,fund in amounts determined by the ,merit ,systems ,protection ,board4 ,morris ,k4 udall and stewart ,l4 udall foundation ,morris k4 udall and stewart ,l4 ,udall trust fund 7including transfer of funds7 ,for payment to the ,morris ,k4 ,udall and ,stewart ,l4 ,udall ,trust ,fund1 pursuant to the ,morris ,k4 ,udall and ,stewart ,l4 ,udall ,foundation ,act 7#bj ,u4,s4,c4 #efja et seq471 #a1iie1jjj1 to remain available until expended1 of which1 notwithstanding sections #h and #i of such ,act3 7#a7 up to #ej1jjj shall be used to conduct financial audits pursuant to the ,accountability of ,tax ,dollars ,act of #bjjb 7,public ,law #ajg-bhi72 and 7#b7 up to #a1jjj1jjj shall be available to carry out the activities authorized by section #f7g7 of ,public ,law #ajb-bei and section #hag7;a7 of ,public ,law #ajf-efh 7#bj ,u4,s4,c4 #efjd7g773 ,provided1 ,that of the total amount made available under this heading #bjj1jjj shall be transferred to the ,office of ,inspector ,general of the ,department of the ,interior1 to remain available until expended1 for audits and investigations of the ,morris ,k4 ,udall and ,stewart ,l4 ,udall ,foundation1 consistent with the ,inspector ,general ,act of #aigh 7#e ,u4,s4,c4 ,app474 ,environmental dispute resolution fund ,for payment to the ,environmental ,dispute ,resolution ,fund to carry out activities authorized in the ,environmental ,policy and ,conflict ,resolution ,act of #aiih1 #c1djj1jjj1 to remain available until expended4 ,national archives and records administration operating expenses ,for necessary expenses in connection with the administration of the ,national ,archives and ,records ,administration and archived ,federal records and related activities1 as provided by law1 and for expenses necessary for the review and declassification of documents1 the activities of the ,public ,interest ,declassification ,board1 the operations and maintenance of the electronic records archives1 the hire of passenger motor vehicles1 and for uniforms or allowances therefor1 as authorized by law 7#e ,u4,s4,c4 #eija71 including maintenance1 repairs1 and cleaning1 #cgb1jjj1jjj4 office of inspector general ,for necessary expenses of the ,office of ,inspector ,general in carrying out the provisions of the ,inspector ,general ,reform ,act of #bjjh1 ,public ,law #aaj-dji1 #abb ,stat4 #dcjb-af 7#bjjh71 and the ,inspector ,general ,act of #aigh 7#e ,u4,s4,c4 ,app471 and for the hire of passenger motor vehicles1 #d1ahj1jjj4 repairs and restoration ,for the repair1 alteration1 and improvement of archives facilities1 and to provide adequate storage for holdings1 #g1ejj1jjj1 to remain available until expended3 ,provided1 ,that from amounts made available under this heading in ,public ,laws #aaa-h and #aaa-aag for necessary expenses related to the repair and renovation of the ,franklin ,d4 ,roosevelt ,presidential ,library and ,museum in ,hyde ,park1 ,new ,york1 the remaining unobligated balances shall be available to implement the ,national ,archives and ,records ,administration ,capital ,improvement ,plan4 national historical publications and records commission grants program ,for necessary expenses for allocations and grants for historical publications and records as authorized by #dd ,u4,s4,c4 #bejd1 #e1jjj1jjj1 to remain available until expended4 ,national ,credit ,union ,administration community development revolving loan fund ,for the ,community ,development ,revolving ,loan ,fund program as authorized by #db ,u4,s4,c4 #ihab1 #ihbb and #iiaj1 #b1jjj1jjj shall be available until ,september #cj1 #bjag1 for technical assistance to low-income designated credit unions4 ,office of ,government ,ethics salaries and expenses ,for necessary expenses to carry out functions of the ,office of ,government ,ethics pursuant to the ,ethics in ,government ,act of #aigh1 the ,ethics ,reform ,act of #aihi1 and the ,stop ,trading on ,congressional ,knowledge ,act of #bjab1 including services as authorized by #e ,u4,s4,c4 #caji1 rental of conference rooms in the ,district of ,columbia and elsewhere1 hire of passenger motor vehicles1 and not to exceed #a1ejj for official reception and representation expenses1 #ae1dbj1jjj4 ,office of personnel management ,salaries and expenses 7including transfer of trust funds7 ,for necessary expenses to carry out functions of the ,office of ,personnel ,management 7,,opm7 pursuant to ,reorganization ,plan ,numbered #b of #aigh and the ,civil ,service ,reform ,act of #aigh1 including services as authorized by #e ,u4,s4,c4 #caji2 medical examinations performed for veterans by private physicians on a fee basis2 rental of conference rooms in the ,district of ,columbia and elsewhere2 hire of passenger motor vehicles2 not to exceed #b1ejj for official reception and representation expenses2 advances for reimbursements to applicable funds of ,,opm and the ,federal ,bureau of ,investigation for expenses incurred under ,executive ,order ,no4 #ajdbb of ,january #i1 #aiec1 as amended2 and payment of per diem and_/or subsistence allowances to employees where ,voting ,rights ,act activities require an employee to remain overnight at his or her post of duty1 #aai1bci1jjj1 of which #faf1jjj may be for strengthening the capacity and capabilities of the acquisition workforce 7as defined by the ,office of ,federal ,procurement ,policy ,act1 as amended 7#da ,u4,s4,c4 #djja et seq4771 including the recruitment1 hiring1 training1 and retention of such workforce and information technology in support of acquisition workforce effectiveness or for management solutions to improve acquisition management2 and in addition #aah1dbe1jjj for administrative expenses1 to be transferred from the appropriate trust funds of ,,opm without regard to other statutes1 including direct procurement of printed materials1 for the retirement and insurance programs3 ,provided1 ,that the provisions of this appropriation shall not affect the authority to use applicable trust funds as provided by sections #hcdh7;a77#a77;,b71 #hieh7;f77#b77;,a71 #hihh7;f77#b77;,a71 and #ijjd7;f77#b77;,a7 of title #e1 ,united ,states ,code3 ,provided further1 ,that no part of this appropriation shall be available for salaries and expenses of the ,legal ,examining ,unit of ,,opm established pursuant to ,executive ,order ,no4 #iceh of ,july #a1 #aidc1 or any successor unit of like purpose3 ,provided further1 ,that the ,president's ,commission on ,white ,house ,fellows1 established by ,executive ,order ,no4 #aaahc of ,october #c1 #aifd1 may1 during fiscal year #bjaf1 accept donations of money1 property1 and personal services3 ,provided further1 ,that such donations1 including those from prior years1 may be used for the development of publicity materials to provide information about the ,white ,house ,fellows1 except that no such donations shall be accepted for travel or reimbursement of travel expenses1 or for the salaries of employees of such ,commission4 ,office of ,inspector ,general salaries and expenses 7including transfer of trust funds7 ,for necessary expenses of the ,office of ,inspector ,general in carrying out the provisions of the ,inspector ,general ,act of #aigh1 including services as authorized by #e ,u4,s4,c4 #caji1 hire of passenger motor vehicles1 #d1chd1jjj1 and in addition1 not to exceed #bb1dgi1jjj for administrative expenses to audit1 investigate1 and provide other oversight of the ,office of ,personnel ,management's retirement and insurance programs1 to be transferred from the appropriate trust funds of the ,office of ,personnel ,management1 as determined by the ,inspector ,general3 ,provided1 ,that the ,inspector ,general is authorized to rent conference rooms in the ,district of ,columbia and elsewhere4 ,office of ,special ,counsel salaries and expenses ,for necessary expenses to carry out functions of the ,office of ,special ,counsel pursuant to ,reorganization ,plan ,numbered #b of #aigh1 the ,civil ,service ,reform ,act of #aigh 7,public ,law #ie-ded71 the ,whistleblower ,protection ,act of #aihi 7,public ,law #aja-ab7 as amended by ,public ,law #ajg-cjd1 the ,whistleblower ,protection ,enhancement ,act of #bjab 7,public ,law #aab-aii71 and the ,uniformed ,services ,employment and ,reemployment ,rights ,act of #aiid 7,public ,law #ajc-cec71 including services as authorized by #e ,u4,s4,c4 #caji1 payment of fees and expenses for witnesses1 rental of conference rooms in the ,district of ,columbia and elsewhere1 and hire of passenger motor vehicles2 #bc1ejj1jjj4 ,postal regulatory commission ,salaries and expenses 7including transfer of funds7 ,for necessary expenses of the ,postal ,regulatory ,commission in carrying out the provisions of the ,postal ,accountability and ,enhancement ,act 7,public ,law #aji-dce71 #ae1jjj1jjj1 to be derived by transfer from the ,postal ,service ,fund and expended as authorized by section #fjc7;a7 of such ,act4 ,privacy and ,civil ,liberties ,oversight ,board ,salaries and ,expenses ,for necessary expenses of the ,privacy and ,civil ,liberties ,oversight ,board1 as authorized by section #ajfa of the ,intelligence ,reform and ,terrorism ,prevention ,act of #bjjd 7#db ,u4,s4,c4 #bjjj;ee71 #bc1big1jjj1 to remain available until ,september #cj1 #bjag4 ,securities and ,exchange ,commission ,salaries and expenses ,for necessary expenses for the ,securities and ,exchange ,commission1 including services as authorized by #e ,u4,s4,c4 #caji1 the rental of space 7to include multiple year leases7 in the ,district of ,columbia and elsewhere1 and not to exceed #c1ejj for official reception and representation expenses1 #a1ejj1jjj1jjj1 to remain available until expended2 of which not less than #aa1cae1iga shall be for the ,office of ,inspector ,general2 of which not to exceed #ge1jjj shall be available for a permanent secretariat for the ,international ,organization of ,securities ,commissions2 of which not to exceed #ajj1jjj shall be available for expenses for consultations and meetings hosted by the ,commission with foreign governmental and other regulatory officials1 members of their delegations and staffs to exchange views concerning securities matters1 such expenses to include necessary logistic and administrative expenses and the expenses of ,commission staff and foreign invitees in attendance including3 7#a7 incidental expenses such as meals2 7#b7 travel and transportation2 and 7#c7 related lodging or subsistence2 and of which not less than #fj1iga1jjj shall be for the ,division of ,economic and ,risk ,analysis3 ,provided1 ,that fees and charges authorized by section #ca of the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #gh;ee7 shall be credited to this account as offsetting collections3 ,provided further1 ,that not to exceed #a1ejj1jjj1jjj of such offsetting collections shall be available until expended for necessary expenses of this account3 ,provided further1 ,that the total amount appropriated under this heading from the general fund for fiscal year #bjaf shall be reduced as such offsetting fees are received so as to result in a final total fiscal year #bjaf appropriation from the general fund estimated at not more than #j4 ,selective ,service ,system salaries and expenses ,for necessary expenses of the ,selective ,service ,system1 including expenses of attendance at meetings and of training for uniformed personnel assigned to the ,selective ,service ,system1 as authorized by #e ,u4,s4,c4 #daja-daah for civilian employees2 hire of passenger motor vehicles2 services as authorized by #e ,u4,s4,c4 #caji2 and not to exceed #gej for official reception and representation expenses2 #bb1gjc1jjj3 ,provided1 ,that during the current fiscal year1 the ,president may exempt this appropriation from the provisions of #ca ,u4,s4,c4 #acda1 whenever the ,president deems such action to be necessary in the interest of national defense3 ,provided further1 ,that none of the funds appropriated by this ,act may be expended for or in connection with the induction of any person into the ,armed ,forces of the ,united ,states4 ,small ,business ,administration ,salaries and expenses ,for necessary expenses1 not otherwise provided for1 of the ,small ,business ,administration1 including hire of passenger motor vehicles as authorized by sections #acdc and #acdd of title #ca1 ,united ,states ,code1 and not to exceed #c1ejj for official reception and representation expenses1 #beg1jjj1jjj1 of which not less than #ab1jjj1jjj shall be available for examinations1 reviews1 and other lender oversight activities3 ,provided1 ,that the ,administrator is authorized to charge fees to cover the cost of publications developed by the ,small ,business ,administration1 and certain loan program activities1 including fees authorized by section #e7;b7 of the ,small ,business ,act3 ,provided further1 ,that1 notwithstanding #ca ,u4,s4,c4 #ccjb1 revenues received from all such activities shall be credited to this account1 to remain available until expended1 for carrying out these purposes without further appropriations3 ,provided further1 ,that the ,small ,business ,administration may accept gifts in an amount not to exceed #d1jjj1jjj and may co-sponsor activities1 each in accordance with section #acb7;a7 of division ,k of ,public ,law #ajh-ddg1 during fiscal year #bjaf3 ,provided further1 ,that #f1ajj1jjj shall be available for the ,loan ,modernization and ,accounting ,system1 to be available until ,september #cj1 #bjag3 ,provided further1 ,that #c1jjj1jjj shall be for the ,federal and ,state ,technology ,partnership ,program under section #cd of the ,small ,business ,act 7#ae ,u4,s4,c4 #feg;d74 ,entrepreneurial ,development ,programs ,for necessary expenses of programs supporting entrepreneurial and small business development1 #bbj1aej1jjj1 to remain available until ,september #cj1 #bjag3 ,provided1 ,that #aae1jjj1jjj shall be available to fund grants for performance in fiscal year #bjaf or fiscal year #bjag as authorized by section #ba of the ,small ,business ,act3 ,provided further1 ,that #be1jjj1jjj shall be for marketing1 management1 and technical assistance under section #g7m7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7m77#d77 by intermediaries that make microloans under the microloan program3,provided further1 ,that #ag1djj1jjj shall be available for grants to ,states to carry out export programs that assist small business concerns authorized under section #abjg of ,public ,law #aaa-bdj4 office of inspector general ,for necessary expenses of the ,office of ,inspector ,general in carrying out the provisions of the ,inspector ,general ,act of #aigh1 #ai1ijj1jjj4 ,office of ,advocacy ,for necessary expenses of the ,office of ,advocacy in carrying out the provisions of title ,,ii of ,public ,law #id-cje 7#ae ,u4,s4,c4 #fcd;a et seq47 and the ,regulatory ,flexibility ,act of #aihj 7#e ,u4,s4,c4 #fja et seq471 #i1abj1jjj1 to remain available until expended4 ,business loans program account 7including transfer of funds7 ,for the cost of direct loans1 #c1cch1agb1 to remain available until expended3 ,provided1 ,that such costs1 including the cost of modifying such loans1 shall be as defined in section #ejb of the ,congressional ,budget ,act of #aigd3 ,provided further1 ,that subject to section #ejb of the ,congressional ,budget ,act of #aigd1 during fiscal year #bjaf commitments to guarantee loans under section #ejc of the ,small ,business ,investment ,act of #aieh shall not exceed #g1ejj1jjj1jjj3 ,provided further1 ,that during fiscal year #bjaf commitments for general business loans authorized under section #g7;a7 of the ,small ,business ,act shall not exceed #bc1ejj1jjj1jjj for a combination of amortizing term loans and the aggregated maximum line of credit provided by revolving loans3 ,provided further1 ,that during fiscal year #bjaf commitments for loans authorized under subparagraph 7,c7 of section #ejb7g7 of ,the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #fif7g77 shall not exceed #g1ejj1jjj3 ,provided further1 ,that during fiscal year #bjaf commitments to guarantee loans for debentures under section #cjc7;b7 of the ,small ,business ,investment ,act of #aieh shall not exceed #d1jjj1jjj1jjj3 ,provided further1 ,that during fiscal year #bjaf1 guarantees of trust certificates authorized by section #e7;g7 of the ,small ,business ,act shall not exceed a principal amount of #ab1jjj1jjj1jjj4 ,in addition1 for administrative expenses to carry out the direct and guaranteed loan programs1 #aeb1gbe1hbh1 which may be transferred to and merged with the appropriations for ,salaries and ,expenses4 ,disaster ,loans ,program ,account 7including transfers of funds7 ,for administrative expenses to carry out the direct loan program authorized by section #g7;b7 of the ,small ,business ,act1 #ahf1heh1jjj1 to be available until expended1 of which #a1jjj1jjj is for the ,office of ,inspector ,general of the ,small ,business ,administration for audits and reviews of disaster loans and the disaster loan programs and shall be transferred to and merged with the appropriations for the ,office of ,inspector ,general2 of which #agf1heh1jjj is for direct administrative expenses of loan making and servicing to carry out the direct loan program1 which may be transferred to and merged with the appropriations for ,salaries and ,expenses2 and of which #i1jjj1jjj is for indirect administrative expenses for the direct loan program1 which may be transferred to and merged with the appropriations for ,salaries and ,expenses3 ,provided1 ,that1 of the funds provided herein1 #aeh1hbi1jjj shall be for major disasters declared pursuant to the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act 7#db ,u4,s4,c4 #eabb7b772 #aea1agi1jad is for direct administrative expenses of loan making and servicing to carry out the direct loan program2 and #g1fdi1ihf is for indirect administrative expenses for the direct loan program3 ,provided further1 ,that the amount for major disasters under this heading is designated by ,congress as being for disaster relief pursuant to section #bea7;b77#b77;,d7 of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7,public ,law #ii-agg71 as amended4 administrative provisions--small business administration 7including transfer of funds7 #ecj4 ,not to exceed #e percent of any appropriation made available for the current fiscal year for the ,small ,business ,administration in this ,act may be transferred between such appropriations1 but no such appropriation shall be increased by more than #aj percent by any such transfers3 ,provided1 ,that any transfer pursuant to this paragraph shall be treated as a reprogramming of funds under section #fjh of this ,act and shall not be available for obligation or expenditure except in compliance with the procedures set forth in that section4 #eca4 7a7 ,none of the funds made available under this ,act may be used to collect a guarantee fee under section #g7;a77#ah7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#ah77 with respect to a loan guaranteed under section #g7;a77#ca7 of such ,act that is made to a small business concern 7as defined under section #c of such ,act 7#ae ,u4,s4,c4 #fcb77 that is #ea percent or more owned and controlled by #a or more individuals who is a veteran 7as defined in section #aja of title #ch1 ,united ,states ,code7 or the spouse of a veteran4 7b7 ,nothing in this section shall be construed to limit the authority of the ,administrator of the ,small ,business ,administration to waive such a guarantee fee or any other loan fee with respect to a loan to a small business concern described in subsection 7a7 or any other borrower4 #ecb4 ,subparagraph 7,c7 of section #ejb7g7 of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c #fif7g771 as in effect on ,september #be1 #bjab1 shall be in effect during fiscal year #bjaf4 ,united states postal service ,payment to the postal service fund ,for payment to the ,postal ,service ,fund for revenue forgone on free and reduced rate mail1 pursuant to subsections 7c7 and 7d7 of section #bdja of title #ci1 ,united ,states ,code1 #di1ibc1jjj1 which shall not be available for obligation until ,october #a1 #bjaf3 ,provided1 ,that mail for overseas voting and mail for the blind shall continue to be free3 ,provided further1 ,that #f-;day delivery and rural delivery of mail shall continue at not less than the #aihc level3 ,provided further1 ,that none of the funds made available to the ,postal ,service by this ,act shall be used to implement any rule1 regulation1 or policy of charging any officer or employee of any ,state or local child support enforcement agency1 or any individual participating in a ,state or local program of child support enforcement1 a fee for information requested or provided concerning an address of a postal customer3 ,provided further1 ,that none of the funds provided in this ,act shall be used to consolidate or close small rural and other small post offices4 ,office of inspector general ,salaries and expenses 7including transfer of funds7 ,for necessary expenses of the ,office of ,inspector ,general in carrying out the provisions of the ,inspector ,general ,act of #aigh1 #bdc1hhc1jjj1 to be derived by transfer from the ,postal ,service ,fund and expended as authorized by section #fjc7;b77#c7 of the ,postal ,accountability and ,enhancement ,act 7,public ,law #aji-dce74 ,united states tax court ,salaries and expenses ,for necessary expenses1 including contract reporting and other services as authorized by #e ,u4,s4,c4 #caji1 #ea1cjj1jjj3 ,provided1 ,that travel expenses of the judges shall be paid upon the written certificate of the judge4 ,,vi ,general provisions--this act 7,including rescission7 #fja4 ,none of the funds in this ,act shall be used for the planning or execution of any program to pay the expenses of1 or otherwise compensate1 non-,federal parties intervening in regulatory or adjudicatory proceedings funded in this ,act4 #fjb4 ,none of the funds appropriated in this ,act shall remain available for obligation beyond the current fiscal year1 nor may any be transferred to other appropriations1 unless expressly so provided herein4 #fjc4 ,the expenditure of any appropriation under this ,act for any consulting service through procurement contract pursuant to #e ,u4,s4,c4 #caji1 shall be limited to those contracts where such expenditures are a matter of public record and available for public inspection1 except where otherwise provided under existing law1 or under existing ,executive order issued pursuant to existing law4 #fjd4 ,none of the funds made available in this ,act may be transferred to any department1 agency1 or instrumentality of the ,united ,states ,government1 except pursuant to a transfer made by1 or transfer authority provided in1 this ,act or any other appropriations ,act4 #fje4 ,none of the funds made available by this ,act shall be available for any activity or for paying the salary of any ,government employee where funding an activity or paying a salary to a ,government employee would result in a decision1 determination1 rule1 regulation1 or policy that would prohibit the enforcement of section #cjg of the ,tariff ,act of #aicj 7#ai ,u4,s4,c4 #acjg74 #fjf4 ,no funds appropriated pursuant to this ,act may be expended by an entity unless the entity agrees that in expending the assistance the entity will comply with chapter #hc of title #da1 ,united ,states ,code4 #fjg4 ,no funds appropriated or otherwise made available under this ,act shall be made available to any person or entity that has been convicted of violating chapter #hc of title #da1 ,united ,states ,code4 #fjh4 ,except as otherwise provided in this ,act1 none of the funds provided in this ,act1 provided by previous appropriations ,acts to the agencies or entities funded in this ,act that remain available for obligation or expenditure in fiscal year #bjaf1 or provided from any accounts in the ,treasury derived by the collection of fees and available to the agencies funded by this ,act1 shall be available for obligation or expenditure through a reprogramming of funds that3 7#a7 creates a new program2 7#b7 eliminates a program1 project1 or activity2 7#c7 increases funds or personnel for any program1 project1 or activity for which funds have been denied or restricted by the ,congress2 7#d7 proposes to use funds directed for a specific activity by the ,committee on ,appropriations of either the ,house of ,representatives or the ,senate for a different purpose2 7#e7 augments existing programs1 projects1 or activities in excess of #e1jjj1jjj or #aj percent1 whichever is less2 7#f7 reduces existing programs1 projects1 or activities by #e1jjj1jjj or #aj percent1 whichever is less2 or 7#g7 creates or reorganizes offices1 programs1 or activities unless prior approval is received from the ,committees on ,appropriations of the ,house of ,representatives and the ,senate3 ,provided1 ,that prior to any significant reorganization or restructuring of offices1 programs1 or activities1 each agency or entity funded in this ,act shall consult with the ,committees on ,appropriations of the ,house of ,representatives and the ,senate3 ,provided further1 ,that not later than #fj days after the date of enactment of this ,act1 each agency funded by this ,act shall submit a report to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate to establish the baseline for application of reprogramming and transfer authorities for the current fiscal year3 ,provided further1 ,that at a minimum the report shall include3 7#a7 a table for each appropriation with a separate column to display the ,president's budget request1 adjustments made by ,congress1 adjustments due to enacted rescissions1 if appropriate1 and the fiscal year enacted level2 7#b7 a delineation in the table for each appropriation both by object class and program1 project1 and activity as detailed in the budget appendix for the respective appropriation2 and 7#c7 an identification of items of special congressional interest3 ,provided further1 ,that the amount appropriated or limited for salaries and expenses for an agency shall be reduced by #ajj1jjj per day for each day after the required date that the report has not been submitted to the ,congress4 #fji4 ,except as otherwise specifically provided by law1 not to exceed #ej percent of unobligated balances remaining available at the end of fiscal year #bjaf from appropriations made available for salaries and expenses for fiscal year #bjaf in this ,act1 shall remain available through ,september #cj1 #bjag1 for each such account for the purposes authorized3 ,provided1 ,that a request shall be submitted to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate for approval prior to the expenditure of such funds3 ,provided further1 ,that these requests shall be made in compliance with reprogramming guidelines4 #faj4 7a7 ,none of the funds made available in this ,act may be used by the ,executive ,office of the ,president to request-- 7#a7 any official background investigation report on any individual from the ,federal ,bureau of ,investigation2 or 7#b7 a determination with respect to the treatment of an organization as described in section #eja7;c7 of the ,internal ,revenue ,code of #aihf and exempt from taxation under section #eja7;a7 of such ,code from the ,department of the ,treasury or the ,internal ,revenue ,service4 7b7 ,subsection 7a7 shall not apply-- 7#a7 in the case of an official background investigation report1 if such individual has given express written consent for such request not more than #f months prior to the date of such request and during the same presidential administration2 or 7#b7 if such request is required due to extraordinary circumstances involving national security4 #faa4 ,the cost accounting standards promulgated under chapter #ae of title #da1 ,united ,states ,code shall not apply with respect to a contract under the ,federal ,employees ,health ,benefits ,program established under chapter #hi of title #e1 ,united ,states ,code4 #fab4 ,for the purpose of resolving litigation and implementing any settlement agreements regarding the nonforeign area cost-of-living allowance program1 the ,office of ,personnel ,management may accept and utilize 7without regard to any restriction on unanticipated travel expenses imposed in an ,appropriations ,act7 funds made available to the ,office of ,personnel ,management pursuant to court approval4 #fac4 ,no funds appropriated by this ,act shall be available to pay for an abortion1 or the administrative expenses in connection with any health plan under the ,federal employees health benefits program which provides any benefits or coverage for abortions4 #fad4 ,the provision of section #fac shall not apply where the life of the mother would be endangered if the fetus were carried to term1 or the pregnancy is the result of an act of rape or incest4 #fae4 ,in order to promote ,government access to commercial information technology1 the restriction on purchasing nondomestic articles1 materials1 and supplies set forth in chapter #hc of title #da1 ,united ,states ,code 7popularly known as the ,buy ,american ,act71 shall not apply to the acquisition by the ,federal ,government of information technology 7as defined in section #aaaja of title #dj1 ,united ,states ,code71 that is a commercial item 7as defined in section #ajc of title #da1 ,united ,states ,code74 #faf4 ,notwithstanding section #acec of title #ca1 ,united ,states ,code1 no officer or employee of any regulatory agency or commission funded by this ,act may accept on behalf of that agency1 nor may such agency or commission accept1 payment or reimbursement from a non-,federal entity for travel1 subsistence1 or related expenses for the purpose of enabling an officer or employee to attend and participate in any meeting or similar function relating to the official duties of the officer or employee when the entity offering payment or reimbursement is a person or entity subject to regulation by such agency or commission1 or represents a person or entity subject to regulation by such agency or commission1 unless the person or entity is an organization described in section #eja7;c77#c7 of the ,internal ,revenue ,code of #aihf and exempt from tax under section #eja7;a7 of such ,code4 #fag4 ,notwithstanding section #gjh of this ,act1 funds made available to the ,commodity ,futures ,trading ,commission and the ,securities and ,exchange ,commission by this or any other ,act may be used for the interagency funding and sponsorship of a joint advisory committee to advise on emerging regulatory issues4 #fah4 7a7 7#a7 ,notwithstanding any other provision of law1 an ,executive agency covered by this ,act otherwise authorized to enter into contracts for either leases or the construction or alteration of real property for office1 meeting1 storage1 or other space must consult with the ,general ,services ,administration before issuing a solicitation for offers of new leases or construction contracts1 and in the case of succeeding leases1 before entering into negotiations with the current lessor4 7#b7 ,any such agency with authority to enter into an emergency lease may do so during any period declared by the ,president to require emergency leasing authority with respect to such agency4 7b7 ,for purposes of this section1 the term ,executive agency covered by this ,act means any ,executive agency provided funds by this ,act1 but does not include the ,general ,services ,administration or the ,united ,states ,postal ,service4 #fai4 7a7 ,there are appropriated for the following activities the amounts required under current law3 7#a7 ,compensation of the ,president 7#c ,u4,s4,c4 #ajb74 7#b7 ,payments to-- 7,a7 the ,judicial ,officers' ,retirement ,fund 7#bh ,u4,s4,c4 #cgg7o772 7,b7 the ,judicial ,survivors' ,annuities ,fund 7#bh ,u4,s4,c4 #cgf7;c772 and 7,c7 the ,united ,states ,court of ,federal ,claims ,judges' ,retirement ,fund 7#bh ,u4,s4,c4 #agh7l774 7#c7 ,payment of ,government contributions-- 7,a7 with respect to the health benefits of retired employees1 as authorized by chapter #hi of title #e1 ,united ,states ,code1 and the ,retired ,federal ,employees ,health ,benefits ,act 7#gd ,stat4 #hdi72 and 7,b7 with respect to the life insurance benefits for employees retiring after ,december #ca1 #aihi 7#e ,u4,s4,c4 ch4 #hg74 7#d7 ,payment to finance the unfunded liability of new and increased annuity benefits under the ,civil ,service ,retirement and ,disability ,fund 7#e ,u4,s4,c4 #hcdh74 7#e7 ,payment of annuities authorized to be paid from the ,civil ,service ,retirement and ,disability ,fund by statutory provisions other than subchapter ,,iii of chapter #hc or chapter #hd of title #e1 ,united ,states ,code4 7b7 ,nothing in this section may be construed to exempt any amount appropriated by this section from any otherwise applicable limitation on the use of funds contained in this ,act4 #fbj4 ,the ,public ,company ,accounting ,oversight ,board 7,board7 shall have authority to obligate funds for the scholarship program established by section #aji7;c77#b7 of the ,sarbanes-,oxley ,act of #bjjb 7,public ,law #ajg-bjd7 in an aggregate amount not exceeding the amount of funds collected by the ,board as of ,december #ca1 #bjae1 including accrued interest1 as a result of the assessment of monetary penalties4 ,funds available for obligation in fiscal year #bjaf shall remain available until expended4 #fba4 ,none of the funds made available in this ,act may be used by the ,federal ,trade ,commission to complete the draft report entitled ,interagency ,working ,group on ,food ,marketed to ,children3 ,preliminary ,proposed ,nutrition ,principles to ,guide ,industry ,self-,regulatory ,efforts unless the ,interagency ,working ,group on ,food ,marketed to ,children complies with ,executive ,order ,no4 #acefc4 #fbb4 ,none of the funds made available by this ,act may be used to pay the salaries and expenses for the following positions3 7#a7 ,director1 ,white ,house ,office of ,health ,reform4 7#b7 ,assistant to the ,president for ,energy and ,climate ,change4 7#c7 ,senior ,advisor to the ,secretary of the ,treasury assigned to the ,presidential ,task ,force on the ,auto ,industry and ,senior ,counselor for ,manufacturing ,policy4 7#d7 ,white ,house ,director of ,urban ,affairs4 #fbc4 ,none of the funds in this ,act may be used for the ,director of the ,office of ,personnel ,management to award a contract1 enter an extension of1 or exercise an option on a contract to a contractor conducting the final quality review processes for background investigation fieldwork services or background investigation support services that1 as of the date of the award of the contract1 are being conducted by that contractor4 #fbd4 ,each executive agency covered by this ,act shall include1 in its fiscal year #bjag budget justification materials submitted to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate1 a separate table briefly describing the top management challenges for fiscal year #bjaf as identified by the agency inspector general1 together with an explanation of how the fiscal year #bjag budget request addresses each such management challenge4 #fbe4 7a7 ,the head of each executive branch agency funded by this ,act shall ensure that the ,chief ,information ,officer of the agency has the authority to participate in decisions regarding the budget planning process related to information technology4 7b7 ,amounts appropriated for any executive branch agency funded by this ,act that are available for information technology shall be allocated within the agency1 consistent with the provisions of appropriations ,acts and budget guidelines and recommendations from the ,director of the ,office of ,management and ,budget1 in such manner as specified by1 or approved by1 the ,chief ,information ,officer of the agency in consultation with the ,chief ,financial ,officer of the agency and budget officials4 #fbf4 ,none of the funds made available in this ,act may be used in contravention of chapter #bi1 #ca1 or #cc of title #dd1 ,united ,states ,code4 #fbg4 ,from the unobligated balances available in the ,securities and ,exchange ,commission ,reserve ,fund established by section #iia of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7,public ,law #aaa-bjc71 #be1jjj1jjj are rescinded4 #fbh4 ,the head of any executive branch department1 agency1 board1 commission1 or office funded by this ,act shall require that all contracts within their purview that provide award fees link such fees to successful acquisition outcomes1 specifying the terms of cost1 schedule1 and performance4 #fbi4 ,notwithstanding any other provision of this ,act1 none of the funds appropriated or otherwise made available by this ,act may be used to pay award or incentive fees for contractor performance that has been judged to be below satisfactory performance or performance that does not meet the basic requirements of a contract4 #fcj4 7a7 ,treatment of payment for public communication as contribution if made under control or direction of candidate ,section #cja7h77;,a7 of the ,federal ,election ,campaign ,act of #aiga 7#eb ,u4,s4,c4 #cjaja7h77;,a77 is amended-- 7#a7 by striking or at the end of clause 7i72 7#b7 by striking the period at the end of clause 7ii7 and inserting 2 or2 and 7#c7 by adding at the end the following new clause3 7iii7 any payment by a political committee of a political party for the direct costs of a public communication 7as defined in paragraph 7#bb77 made on behalf of a candidate for ,federal office who is affiliated with such party1 but only if the communication is controlled by1 or made at the direction of1 the candidate or an authorized committee of the candidate4 4 7b7 ,requiring control or direction by candidate for treatment as coordinated party expenditure 7#a7 ,in general ,paragraph 7#d7 of section #cae7;d7 of such ,act 7#eb ,u4,s4,c4 #cjaaf7;d77 is amended to read as follows3 7#d7 ,special rule for direct costs of communications ,the direct costs incurred by a political committee of a political party for a communication made in connection with the campaign of a candidate for ,federal office shall not be subject to the limitations contained in paragraphs 7#b7 and 7#c7 unless the communication is controlled by1 or made at the direction of1 the candidate or an authorized committee of the candidate4 4 7#b7 ,conforming amendment ,paragraph 7#a7 of section #cae7;d7 of such ,act 7#eb ,u4,s4,c4 #cjaaf7;d77 is amended by striking paragraphs 7#b71 7#c71 and 7#d7 and inserting paragraphs 7#b7 and 7#c74 #fca4 ,section #cjb7;g7 of the ,federal ,election ,campaign ,act of #aiga 7#eb ,u4,s4,c4 #cjajb7;g77 is amended to read as follows3 7g7 ,filing with the commission ,all designations1 statements1 and reports required to be filed under this ,act shall be filed with the ,commission4 4 #fcb4 ,on and after the date of enactment of this ,act1 in the case of a party to a joint sales agreement 7as defined in ,note #b7k7 to section #gc4ceee of title #dg1 ,code of ,federal ,regulations7 that is in effect on the effective date of the amendment to ,note #b7k77#b7 to that section made by the ,further ,notice of ,proposed ,rulemaking and ,report and ,order adopted by the ,federal ,communications ,commission on ,march #ca1 #bjad 7,,fcc #ad-bh71 the party shall not be considered to be in violation of the ownership limitations of that section by reason of the application of the rule in ,note #b7k77#b71 as so amended1 to the joint sales agreement4 #fcc4 ,none of the funds made available by this ,act may be used to regulate1 directly or indirectly1 the prices or related terms 7as such terms are described in paragraph #afd of the ,report and ,order on ,remand1 ,declaratory ,ruling1 and ,order in the matter of protecting and promoting the open ,internet1 adopted by the ,federal ,communications ,commission on ,february #bf1 #bjae 7,,fcc #ae-bd77 charged or imposed by providers of broadband ,internet access service 7as defined in the final rules in ,appendix ,a of such ,report and ,order on ,remand1 ,declaratory ,ruling1 and ,order7 for such service1 regardless of whether such regulation takes the form of requirements for future conduct or enforcement regarding past conduct4 #fcd4 ,none of the amounts made available by this ,act may be used to finalize or implement the ,safety ,standard for ,recreational ,off-,highway ,vehicles published by the ,consumer ,product ,safety ,commission in the ,federal ,register on ,november #ai1 #bjad 7#gi ,fed4 ,reg4 #fhifd7 until after-- 7#a7 the ,national ,academy of ,sciences1 in consultation with the ,national ,highway ,traffic ,safety ,administration and the ,department of ,defense1 completes a study to determine-- 7,a7 the technical validity of the lateral stability and vehicle handling requirements proposed by such standard for purposes of reducing the risk of ,recreational ,off-,highway ,vehicle 7referred to in this section as ,,rov7 rollovers in the off-road environment1 including the repeatability and reproducibility of testing for compliance with such requirements2 7,b7 the number of ,,rov rollovers that would be prevented if the proposed requirements were adopted2 7,c7 whether there is a technical basis for the proposal to provide information on a point-of-sale hangtag about a ,,rov's rollover resistance on a progressive scale2 and 7,d7 the effect on the utility of ,r,o,vs used by the ,united ,states military if the proposed requirements were adopted2 and 7#b7 a report containing the results of the study completed under paragraph 7#a7 is delivered to-- 7,a7 the ,committee on ,commerce1 ,science1 and ,transportation of the ,senate2 7,b7 the ,committee on ,energy and ,commerce of the ,house of ,representatives2 7,c7 the ,committee on ,appropriations of the ,senate2 and 7,d7 the ,committee on ,appropriations of the ,house of ,representatives4 #fce4 ,notwithstanding any other provision of law1 not to exceed #b1bff1jhe of unobligated balances from ,election ,assistance ,commission1 ,election ,reform ,programs shall be available to record a disbursement previously incurred under that heading in fiscal year #bjad against a #bjjh cancelled account4 #fcf4 ,none of the funds appropriated by this ,act may be used by the ,federal ,communications ,commission to modify1 amend1 or change the rules or regulations of the ,commission for universal service high-cost support for competitive eligible telecommunications carriers in a way that is inconsistent with paragraph 7e77#e7 or 7e77#f7 of section #ed4cjg of title #dg1 ,code of ,federal ,regulations1 as in effect on ,july #ae1 #bjae3 ,provided1 ,that this section shall not prohibit the ,commission from considering1 developing1 or adopting other support mechanisms as an alternative to ,mobility ,fund ,phase ,,ii4 #fcg4 7a7 ,consumer ,financial ,protection ,act of #bjaj ,the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #edha et seq47 is amended-- 7#a7 in section #ajjb 7#ab ,u4,s4,c4 #edha7-- 7,a7 by striking paragraph 7#aj7 and inserting3 7#aj7 ,board ,the term ,board means the ,board of ,directors of the ,bureau of ,consumer ,financial ,protection4 2 and 7,b7 by inserting after paragraph 7#bi7 the following3 7#cj7 ,chairperson ,the term ,chairperson means the ,chairperson of the ,board of ,directors of the ,bureau of ,consumer ,financial ,protection4 2 7#b7 in section #ajab 7#ab ,u4,s4,c4 #edib7-- 7,a7 in subsection 7a77#h71 by striking appointed and supervised by the ,director and inserting appointed by the ,board and supervised by the ,chairperson2 7,b7 in subsection 7b71 by striking ,director and inserting ,board2 and 7,c7 in subsection 7c7-- 7i7 in paragraph 7#b77;,a71 by striking ,director and inserting ,board2 and 7ii7 in paragraph 7#d71 by striking the ,director each place that term appears and inserting any member of the ,board2 7#c7 in section #ajac 7#ab ,u4,s4,c4 #edic7-- 7,a7 in subsections 7a71 7b71 7d71 and 7e71 by striking ,director each place that term appears and inserting ,board2 7,b7 in subsection 7c7-- 7i7 in paragraphs 7#a7 and 7#b71 by striking ,director each place that term appears and inserting ,board2 and 7ii7 in paragraph 7#c7-- 7,i7 by striking ,assistant ,director each place that term appears and inserting ,head of ,office2 and 7,,ii7 by striking the ,director each place that term appears and inserting the ,board2 7,c7 in subsection 7g7-- 7i7 in paragraph 7#a71 by striking ,director and inserting ,board2 and 7ii7 in paragraph 7#b7-- 7,i7 in the paragraph heading1 by striking ,assistant director and inserting ,head of the office2 and 7,,ii7 by striking an assistant director and inserting the ,head of the ,office of ,financial ,protection for ,older ,americans2 7#d7 in section #ajad 7#ab ,u4,s4,c4 #edid71 by striking ,director each place that term appears and inserting ,board2 7#e7 in section #ajaf7;a7 7#ab ,u4,s4,c4 #edif7;a771 by striking ,director of the ,bureau and inserting ,chairperson2 7#f7 in section #ajag-- 7,a7 in subsection 7a7-- 7i7 in paragraph 7#a71 by striking ,director and inserting ,board2 7ii7 in paragraph 7#d7-- 7,i7 in subparagraph 7,a7-- 7aa7 by striking ,director shall and inserting ,board shall2 7bb7 by striking ,director1 and inserting ,board12 and 7cc7 by striking ,director in each place that term appears and inserting ,board in2 7,,ii7 in subparagraph 7,d71 by striking ,director and inserting ,board2 and 7,,iii7 in subparagraph 7,e71 by striking ,director to and inserting ,board to2 and 7iii7 in paragraph 7#e77;,c71 by striking ,director of the ,bureau and inserting ,chairperson2 7,b7 in subsection 7c77#a7-- 7i7 by striking ,director1 and inserting ,board12 and 7ii7 by striking ,director and and inserting the members of the ,board and2 and 7,c7 in subsection 7e71 by striking ,director each place that term appears and inserting ,board2 7#g7 in subtitles ,b 7#ab ,u4,s4,c4 #eeaa et seq471 ,c 7#ab ,u4,s4,c4 #eeca et seq471 and ,g 7#ab ,u4,s4,c4 #efja et seq471 by striking ,director each place that term appears and inserting ,board2 7#h7 in section #ajfa7;c77#b77;,c77i7 7#ab ,u4,s4,c4 #eeha7;c77#b77;,c77i771 by striking the ,board and inserting the ,national ,credit ,union ,administration ,board2 and 7#i7 in section #ajff7;a7 7#ab ,u4,s4,c4 #eehf7;a771 by inserting first before ,director4 7b7 ,financial stability act of #bjaj ,section #aaa7;b77#a77;,d7 of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecba7;b77#a77;,d77 is amended by striking ,director of the ,bureau and inserting ,chairperson of the ,board of ,directors of the ,bureau4 7c7 ,mortgage reform and anti-predatory lending act ,section #addg of the ,mortgage ,reform and ,anti-,predatory ,lending ,act 7#ab ,u4,s4,c4 #agjap-#b7 is amended by striking ,director each place the term appears and inserting ,board of ,directors4 7d7 ,electronic fund transfer act ,section #ibj7;a77#d77;,c7 of the ,electronic ,fund ,transfer ,act 7#ae ,u4,s4,c4 #afico-#b7;a77#d77;,c77 is amended by striking ,director of the ,bureau and inserting ,board of ,directors of the ,bureau4 7e7 ,expedited funds availability act ,the ,expedited ,funds ,availability ,act 7#ab ,u4,s4,c4 #djja et seq47 is amended by striking ,director of the ,bureau each place that term appears and inserting ,board of ,directors of the ,bureau4 7f7 ,federal deposit insurance act ,section #b of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahab7 is amended-- 7#a7 by striking ,director of the ,consumer ,financial ,protection ,bureau each place that term appears and inserting ,chairperson of the ,board of ,directors of the ,bureau of ,consumer ,financial ,protection2 and 7#b7 in subsection 7d77#b71 by striking ,comptroller or ,director and inserting ,comptroller or ,chairperson4 7g7 ,federal financial institutions examination council act of #aigh ,section #ajjd7;a77#d7 of the ,federal ,financial ,institutions ,examination ,council ,act of #aigh 7#ab ,u4,s4,c4 #ccjc7;a77#d77 is amended by striking ,director of the ,consumer ,financial ,protection ,bureau and inserting ,chairperson of the ,board of ,directors of the ,bureau of ,consumer ,financial ,protection4 7h7 ,financial literacy and education improvement act ,section #eac of the ,financial ,literacy and ,education ,improvement ,act 7#bj ,u4,s4,c4 #igjb7 is amended by striking ,director each place that term appears and inserting ,chairperson of the ,board of ,directors4 7i7 ,home mortgage disclosure act of #aige ,section #cjg of the ,home ,mortgage ,disclosure ,act of #aige 7#ab ,u4,s4,c4 #bhjf7 is amended by striking ,director of the ,bureau of ,consumer each place that term appears and inserting ,board of ,directors of the ,bureau of ,consumer4 7j7 ,interstate land sales full disclosure act ,the ,interstate ,land ,sales ,full ,disclosure ,act 7#ae ,u4,s4,c4 #agja et seq47 is amended-- 7#a7 in section #adjb7a7 7#ae ,u4,s4,c4 #agja7a771 by striking ,director means the ,director and inserting ,board means the ,board of ,directors2 7#b7 by striking ,director each place that term appears and inserting ,board2 7#c7 in section #adjc7;c7 7#ae ,u4,s4,c4 #agjb7;c77-- 7,a7 by striking by him and inserting by the ,board2 and 7,b7 by striking he and inserting the ,board2 7#d7 in section #adjg 7#ae ,u4,s4,c4 #agjf7-- 7,a7 in subsection 7c71 by striking he and inserting the ,board2 and 7,b7 in subsection 7e71 by striking him and inserting the ,board2 7#e7 in section #adaa 7#ae ,u4,s4,c4 #agaj7-- 7,a7 in subsection 7a7-- 7i7 by striking his findings and inserting its finding2 and 7ii7 by striking his recommendation and inserting a recommendation2 and 7,b7 in subsection 7b71 by striking ,secretary's order and inserting order of the ,board2 7#f7 in section #adae 7#ae ,u4,s4,c4 #agad7-- 7,a7 by striking him each place that term appears and inserting the ,board2 7,b7 in subsection 7a71 by striking he may1 in his discretion and inserting the ,board may1 at the discretion of the ,board2 7,c7 in subsection 7b71 by striking he each time that term appears and inserting the ,board2 and 7,d7 by striking in his discretion each time that term appears and inserting at the discretion of the ,board2 7#g7 in section #adaf7;a7 7#ae ,u4,s4,c4 #agae7;a77-- 7,a7 by striking of the ,bureau of ,consumer ,financial ,protection the first time that term appears2 7,b7 by striking his functions1 duties1 and powers and inserting the functions1 duties1 and powers of the ,board2 7,c7 by striking his administrative law judges and inserting the administrative law judges of the ,bureau of ,consumer ,financial ,protection2 and 7,d7 by striking himself and inserting the ,board2 7#h7 7,a7 in section #adah;a7b77#d7 7#ae ,u4,s4,c4 #agag;a7b77#d771 by striking ,the ,secretary's determination or order and inserting ,a determination or order of the ,board2 and 7,b7 in section #adah;a7d7 7#ae ,u4,s4,c4 #agag;a7d771 by striking the ,secretary's determination or order and inserting a determination or order of the ,board2 7#i7 in section #adai 7#ae ,u4,s4,c4 #agah7-- 7,a7 by striking him and inserting the ,board2 7,b7 by striking his rules and regulations and inserting the rules and regulations of the ,board2 and 7,c7 by striking his jurisdiction and inserting the jurisdiction of the ,bureau of ,consumer ,financial ,protection2 and 7#aj7 in section #adbj 7#ae ,u4,s4,c4 #agai7-- 7,a7 by inserting or any member of the ,board before in any proceeding2 and 7,b7 by striking him and inserting the ,board or any member of the ,board4 7k7 ,real estate settlement procedures act of #aigd ,section #e of the ,real ,estate ,settlement ,procedures ,act of #aigd 7#ab ,u4,s4,c4 #bfjd7 is amended-- 7#a7 by striking ,director of and inserting ,board of ,directors of2 and 7#b7 by striking ,director each place that term appears and inserting ,board4 7l7 ,s4,a4,f4,e4 mortgage licensing act of #bjjh ,the ,s4,a4,f4,e4 ,mortgage ,licensing ,act of #bjjh 7#ab ,u4,s4,c4 #eaja et seq47 is amended-- 7#a7 in section #aejc7aj7 7#ab ,u4,s4,c4 #eajb7aj77-- 7,a7 in the paragraph heading1 by striking ,director and inserting ,board2 and 7,b7 by striking ,director means the ,director and inserting ,board means the ,board of ,directors2 7#b7 by striking ,director each place that term appears and inserting ,board2 7#c7 in section #aead7;b77#e7 7#ab ,u4,s4,c4 #eaac7;b77#e77 and section #aead7;c77#d77;,c7 7#ab ,u4,s4,c4 #eaac7;c77#d77;,c771 by striking ,secretary's expenses and inserting expenses of the ,board2 7#d7 in the headings of section #aead7;c77#a71 7c77#d77;,a71 and 7c77#e71 by striking director and inserting board2 and 7#e7 in the heading of section #aead7;d71 by striking ,director and inserting ,board4 7m7 ,title #dd ,section #ceac7;c7 of title #dd1 ,united ,states ,code1 is amended by striking ,director of the ,bureau and inserting ,board of ,directors of the ,bureau4 7n7 ,deeming of name ,any reference in a law1 regulation1 document1 paper1 or other record of the ,united ,states to the ,director of the ,bureau of ,consumer ,financial ,protection shall be deemed a reference to the ,board of ,directors of the ,bureau of ,consumer ,financial ,protection1 unless otherwise specified in this ,act4 7o7 ,effective date ,this section and the amendments made by this section shall take effect on the later of-- 7#a7 ,october #a1 #bjaf2 or 7#b7 the date on which not less than #c persons have been confirmed by the ,senate to serve as members of the ,board of ,directors of the ,bureau of ,consumer ,financial ,protection4 #fch4 7a7 ,financing of sales of agricultural commodities to ,cuba ,notwithstanding any other provision of law 7other than section #ijh of the ,trade ,sanctions ,reform and ,export ,enhancement ,act of #bjjj 7#bb ,u4,s4,c4 #gbjg71 as amended by subsection 7c771 a person subject to the jurisdiction of the ,united ,states may provide payment or financing terms for sales of agricultural commodities to ,cuba or an individual or entity in ,cuba4 7b7 ,definitions ,in this section3 7#a7 ,agricultural commodity ,the term agricultural commodity has the meaning given the term in section #ajb of the ,agricultural ,trade ,act of #aigh 7#g ,u4,s4,c4 #efjb74 7#b7 ,financing ,the term financing includes any loan or extension of credit4 7c7 ,conforming amendment ,section #ijh of the ,trade ,sanctions ,reform and ,export ,enhancement ,act of #bjjj 7#bb ,u4,s4,c4 #gbjg7 is amended-- 7#a7 in the section heading1 by striking and financing2 7#b7 by striking subsection 7b72 7#c7 in subsection 7a7-- 7,a7 by striking ,prohibition and all that follows through 7#a7 ,in general4--,notwithstanding and inserting ,in general4--,notwithstanding2 and 7,b7 by redesignating paragraphs 7#b7 and 7#c7 as subsections 7b7 and 7c71 respectively1 and by moving those subsections1 as so redesignated1 #b ems to the left2 and 7#d7 by striking paragraph 7#a7 each place it appears and inserting subsection 7a74 #fci4 ,none of the funds made available in this ,act may be used1 with respect to a ,state where marijuana is legal for recreational or medicinal purposes1 to prohibit or penalize a financial institution solely because the institution provides financial services to an entity that is a manufacturer1 producer1 or a person that participates in any business or organized activity that-- 7#a7 involves handling marijuana or marijuana products2 and 7#b7 engages in such activity pursuant to a law established by a ,state or a unit of local government4 #fdj4 7a7 ,the ,office of ,personnel ,management shall provide to each affected individual as defined in subsection 7b7 complimentary identity protection coverage that-- 7#a7 is not less comprehensive than the complimentary identify protection coverage that the ,office provided to affected individuals before the date of enactment of this ,act2 7#b7 is effective for a period of not less than #aj years2 and 7#c7 includes not less than #e1jjj1jjj in identity theft insurance4 7b7 ,definition ,in this section1 the term affected individual means any individual whose personally identifiable information was compromised during-- 7#a7 the data breach of personnel records of current and former ,federal employees1 at a network maintained by the ,department of the ,interior1 that was announced by the ,office of ,personnel ,management on ,june #d1 #bjae2 or 7#b7 the data breach of systems of the ,office of ,personnel ,management containing information related to the background investigations of current1 former1 and prospective ,federal employees1 and of other individuals4 #fda4 7a7 ,notwithstanding any other provision of law1 none of the funds appropriated or otherwise made available by this ,act or any other ,act may be used to implement any law1 regulation1 or policy that prohibits or otherwise restricts travel1 or any transaction incident to travel1 to or from ,cuba by any citizen or legal resident of the ,united ,states4 7b7 ,any law1 regulation1 or policy described in subsection 7a7 shall cease to have any force or effect on and after the date of the enactment of this ,act4 7c7 ,nothing in this section limits the authority of the ,president to restrict travel described in subsection 7a71 or any transaction incident to such travel1 if such restriction is important to the national security of the ,united ,states or to protect human health or welfare4 #fdb4 ,section #agjf7;b7 of the ,cuban ,democracy ,act of #aiib 7#bb ,u4,s4,c4 #fjje7;b77 is amended-- 7#a7 by striking paragraph 7#a72 and 7#b7 by redesignating paragraphs 7#b71 7#c71 and 7#d7 as paragraphs 7#a71 7#b71 and 7#c71 respectively4 ,,vii ,general provisions--government-wide ,departments1 ,agencies1 and ,corporations 7including transfer of funds7 #gja4 ,no department1 agency1 or instrumentality of the ,united ,states receiving appropriated funds under this or any other ,act for fiscal year #bjaf shall obligate or expend any such funds1 unless such department1 agency1 or instrumentality has in place1 and will continue to administer in good faith1 a written policy designed to ensure that all of its workplaces are free from the illegal use1 possession1 or distribution of controlled substances 7as defined in the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hjb77 by the officers and employees of such department1 agency1 or instrumentality4 #gjb4 ,unless otherwise specifically provided1 the maximum amount allowable during the current fiscal year in accordance with subsection #acdc7;c7 of title #ca1 ,united ,states ,code1 for the purchase of any passenger motor vehicle 7exclusive of buses1 ambulances1 law enforcement vehicles1 protective vehicles1 and undercover surveillance vehicles71 is hereby fixed at #ai1idg except station wagons for which the maximum shall be #ai1iig3 ,provided1 ,that these limits may be exceeded by not to exceed #g1bej for police-type vehicles3 ,provided further1 ,that the limits set forth in this section may not be exceeded by more than #e percent for electric or hybrid vehicles purchased for demonstration under the provisions of the ,electric and ,hybrid ,vehicle ,research1 ,development1 and ,demonstration ,act of #aigf3 ,provided further1 ,that the limits set forth in this section may be exceeded by the incremental cost of clean alternative fuels vehicles acquired pursuant to ,public ,law #aja-edi over the cost of comparable conventionally fueled vehicles3 ,provided further1 ,that the limits set forth in this section shall not apply to any vehicle that is a commercial item and which operates on alternative fuel1 including but not limited to electric1 plug-in hybrid electric1 and hydrogen fuel cell vehicles4 #gjc4 ,appropriations of the executive departments and independent establishments for the current fiscal year available for expenses of travel1 or for the expenses of the activity concerned1 are hereby made available for quarters allowances and cost-of-living allowances1 in accordance with #e ,u4,s4,c4 #eibb-eibd4 #gjd4 ,unless otherwise specified in law during the current fiscal year1 no part of any appropriation contained in this or any other ,act shall be used to pay the compensation of any officer or employee of the ,government of the ,united ,states 7including any agency the majority of the stock of which is owned by the ,government of the ,united ,states7 whose post of duty is in the continental ,united ,states unless such person3 7#a7 is a citizen of the ,united ,states2 7#b7 is a person who is lawfully admitted for permanent residence and is seeking citizenship as outlined in #h ,u4,s4,c4 #acbd;b7a77#c77;,b72 7#c7 is a person who is admitted as a refugee under #h ,u4,s4,c4 #aaeg or is granted asylum under #h ,u4,s4,c4 #aaeh and has filed a declaration of intention to become a lawful permanent resident and then a citizen when eligible2 or 7#d7 is a person who owes allegiance to the ,united ,states3 ,provided1 ,that for purposes of this section1 affidavits signed by any such person shall be considered prima facie evidence that the requirements of this section with respect to his or her status are being complied with3 ,provided further1 ,that for purposes of subsections 7#b7 and 7#c7 such affidavits shall be submitted prior to employment and updated thereafter as necessary3 ,provided further1 ,that any person making a false affidavit shall be guilty of a felony1 and upon conviction1 shall be fined no more than #d1jjj or imprisoned for not more than #a year1 or both3 ,provided further1 ,that the above penal clause shall be in addition to1 and not in substitution for1 any other provisions of existing law3 ,provided further1 ,that any payment made to any officer or employee contrary to the provisions of this section shall be recoverable in action by the ,federal ,government3 ,provided further1 ,that this section shall not apply to any person who is an officer or employee of the ,government of the ,united ,states on the date of enactment of this ,act1 or to international broadcasters employed by the ,broadcasting ,board of ,governors1 or to temporary employment of translators1 or to temporary employment in the field service 7not to exceed #fj days7 as a result of emergencies3 ,provided further1 ,that this section does not apply to the employment as ,wildland firefighters for not more than #abj days of nonresident aliens employed by the ,department of the ,interior or the ,,usda ,forest ,service pursuant to an agreement with another country4 #gje4 ,appropriations available to any department or agency during the current fiscal year for necessary expenses1 including maintenance or operating expenses1 shall also be available for payment to the ,general ,services ,administration for charges for space and services and those expenses of renovation and alteration of buildings and facilities which constitute public improvements performed in accordance with the ,public ,buildings ,act of #aiei 7#gc ,stat4 #dgi71 the ,public ,buildings ,amendments of #aigb 7#hf ,stat4 #baf71 or other applicable law4 #gjf4 ,in addition to funds provided in this or any other ,act1 all ,federal agencies are authorized to receive and use funds resulting from the sale of materials1 including ,federal records disposed of pursuant to a records schedule recovered through recycling or waste prevention programs4 ,such funds shall be available until expended for the following purposes3 7#a7 ,acquisition1 waste reduction and prevention1 and recycling programs as described in ,executive ,order ,no4 #acdbc 7,january #bd1 #bjjg71 including any such programs adopted prior to the effective date of the ,executive order4 7#b7 ,other ,federal agency environmental management programs1 including1 but not limited to1 the development and implementation of hazardous waste management and pollution prevention programs4 7#c7 ,other employee programs as authorized by law or as deemed appropriate by the head of the ,federal agency4 #gjg4 ,funds made available by this or any other ,act for administrative expenses in the current fiscal year of the corporations and agencies subject to chapter #ia of title #ca1 ,united ,states ,code1 shall be available1 in addition to objects for which such funds are otherwise available1 for rent in the ,district of ,columbia2 services in accordance with #e ,u4,s4,c4 #caji2 and the objects specified under this head1 all the provisions of which shall be applicable to the expenditure of such funds unless otherwise specified in the ,act by which they are made available3 ,provided1 ,that in the event any functions budgeted as administrative expenses are subsequently transferred to or paid from other funds1 the limitations on administrative expenses shall be correspondingly reduced4 #gjh4 ,no part of any appropriation contained in this or any other ,act shall be available for interagency financing of boards 7except ,federal ,executive ,boards71 commissions1 councils1 committees1 or similar groups 7whether or not they are interagency entities7 which do not have a prior and specific statutory approval to receive financial support from more than one agency or instrumentality4 #gji4 ,none of the funds made available pursuant to the provisions of this or any other ,act shall be used to implement1 administer1 or enforce any regulation which has been disapproved pursuant to a joint resolution duly adopted in accordance with the applicable law of the ,united ,states4 #gaj4 ,during the period in which the head of any department or agency1 or any other officer or civilian employee of the ,federal ,government appointed by the ,president of the ,united ,states1 holds office1 no funds may be obligated or expended in excess of #e1jjj to furnish or redecorate the office of such department head1 agency head1 officer1 or employee1 or to purchase furniture or make improvements for any such office1 unless advance notice of such furnishing or redecoration is transmitted to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate4 ,for the purposes of this section1 the term office shall include the entire suite of offices assigned to the individual1 as well as any other space used primarily by the individual or the use of which is directly controlled by the individual4 #gaa4 ,notwithstanding #ca ,u4,s4,c4 #acdf1 or section #gjh of this ,act1 funds made available for the current fiscal year by this or any other ,act shall be available for the interagency funding of national security and emergency preparedness telecommunications initiatives which benefit multiple ,federal departments1 agencies1 or entities1 as provided by ,executive ,order ,no4 #acfah 7,july #f1 #bjab74 #gab4 7a7 ,none of the funds made available by this or any other ,act may be obligated or expended by any department1 agency1 or other instrumentality of the ,federal ,government to pay the salaries or expenses of any individual appointed to a position of a confidential or policy-determining character that is excepted from the competitive service under section #ccjb of title #e1 ,united ,states ,code1 7pursuant to schedule ,c of subpart ,c of part #bac of title #e of the ,code of ,federal ,regulations7 unless the head of the applicable department1 agency1 or other instrumentality employing such schedule ,c individual certifies to the ,director of the ,office of ,personnel ,management that the schedule ,c position occupied by the individual was not created solely or primarily in order to detail the individual to the ,white ,house4 7b7 ,the provisions of this section shall not apply to ,federal employees or members of the armed forces detailed to or from an element of the intelligence community 7as that term is defined under section #c7d7 of the ,national ,security ,act of #aidg 7#ej ,u4,s4,c4 #cjjc7d7774 #gac4 ,no part of any appropriation contained in this or any other ,act shall be available for the payment of the salary of any officer or employee of the ,federal ,government1 who-- 7#a7 prohibits or prevents1 or attempts or threatens to prohibit or prevent1 any other officer or employee of the ,federal ,government from having any direct oral or written communication or contact with any ,member1 committee1 or subcommittee of the ,congress in connection with any matter pertaining to the employment of such other officer or employee or pertaining to the department or agency of such other officer or employee in any way1 irrespective of whether such communication or contact is at the initiative of such other officer or employee or in response to the request or inquiry of such ,member1 committee1 or subcommittee2 or 7#b7 removes1 suspends from duty without pay1 demotes1 reduces in rank1 seniority1 status1 pay1 or performance or efficiency rating1 denies promotion to1 relocates1 reassigns1 transfers1 disciplines1 or discriminates in regard to any employment right1 entitlement1 or benefit1 or any term or condition of employment of1 any other officer or employee of the ,federal ,government1 or attempts or threatens to commit any of the foregoing actions with respect to such other officer or employee1 by reason of any communication or contact of such other officer or employee with any ,member1 committee1 or subcommittee of the ,congress as described in paragraph 7#a74 #gad4 7a7 ,none of the funds made available in this or any other ,act may be obligated or expended for any employee training that-- 7#a7 does not meet identified needs for knowledge1 skills1 and abilities bearing directly upon the performance of official duties2 7#b7 contains elements likely to induce high levels of emotional response or psychological stress in some participants2 7#c7 does not require prior employee notification of the content and methods to be used in the training and written end of course evaluation2 7#d7 contains any methods or content associated with religious or quasi-religious belief systems or new age belief systems as defined in ,equal ,employment ,opportunity ,commission ,notice ,n-#iae4jbb1 dated ,september #b1 #aihh2 or 7#e7 is offensive to1 or designed to change1 participants' personal values or lifestyle outside the workplace4 7b7 ,nothing in this section shall prohibit1 restrict1 or otherwise preclude an agency from conducting training bearing directly upon the performance of official duties4 #gae4 ,no part of any funds appropriated in this or any other ,act shall be used by an agency of the executive branch1 other than for normal and recognized executive-legislative relationships1 for publicity or propaganda purposes1 and for the preparation1 distribution or use of any kit1 pamphlet1 booklet1 publication1 radio1 television1 or film presentation designed to support or defeat legislation pending before the ,congress1 except in presentation to the ,congress itself4 #gaf4 ,none of the funds appropriated by this or any other ,act may be used by an agency to provide a ,federal employee's home address to any labor organization except when the employee has authorized such disclosure or when such disclosure has been ordered by a court of competent jurisdiction4 #gag4 ,none of the funds made available in this or any other ,act may be used to provide any non-public information such as mailing1 telephone or electronic mailing lists to any person or any organization outside of the ,federal ,government without the approval of the ,committees on ,appropriations of the ,house of ,representatives and the ,senate4 #gah4 ,no part of any appropriation contained in this or any other ,act shall be used directly or indirectly1 including by private contractor1 for publicity or propaganda purposes within the ,united ,states not heretofore authorized by ,congress4 #gai4 7a7 ,in this section1 the term agency-- 7#a7 means an ,executive agency1 as defined under #e ,u4,s4,c4 #aje2 and 7#b7 includes a military department1 as defined under section #ajb of such title1 the ,postal ,service1 and the ,postal ,regulatory ,commission4 7b7 ,unless authorized in accordance with law or regulations to use such time for other purposes1 an employee of an agency shall use official time in an honest effort to perform official duties4 ,an employee not under a leave system1 including a ,presidential appointee exempted under #e ,u4,s4,c4 #fcja7b71 has an obligation to expend an honest effort and a reasonable proportion of such employee's time in the performance of official duties4 #gbj4 ,notwithstanding #ca ,u4,s4,c4 #acdf and section #gjh of this ,act1 funds made available for the current fiscal year by this or any other ,act to any department or agency1 which is a member of the ,federal ,accounting ,standards ,advisory ,board 7,,fasab71 shall be available to finance an appropriate share of ,,fasab administrative costs4 #gba4 ,notwithstanding #ca ,u4,s4,c4 #acdf and section #gjh of this ,act1 the head of each ,executive department and agency is hereby authorized to transfer to or reimburse ,general ,services ,administration1 ,government-wide ,policy with the approval of the ,director of the ,office of ,management and ,budget1 funds made available for the current fiscal year by this or any other ,act1 including rebates from charge card and other contracts3 ,provided1 ,that these funds shall be administered by the ,administrator of ,general ,services to support ,government-wide and other multi-agency financial1 information technology1 procurement1 and other management innovations1 initiatives1 and activities1 including improving coordination and reducing duplication1 as approved by the ,director of the ,office of ,management and ,budget1 in consultation with the appropriate interagency and multi-agency groups designated by the ,director 7including the ,president's ,management ,council for overall management improvement initiatives1 the ,chief ,financial ,officers ,council for financial management initiatives1 the ,chief ,information ,officers ,council for information technology initiatives1 the ,chief ,human ,capital ,officers ,council for human capital initiatives1 the ,chief ,acquisition ,officers ,council for procurement initiatives1 and the ,performance ,improvement ,council for performance improvement initiatives73 ,provided further1 ,that the total funds transferred or reimbursed shall not exceed #ag1jjj1jjj for ,government-,wide innovations1 initiatives1 and activities3 ,provided further1 ,that the funds transferred to or for reimbursement of ,general ,services ,administration1 ,government-wide ,policy during fiscal year #bjaf shall remain available for obligation through ,september #cj1 #bjag3 ,provided further1 ,that such transfers or reimbursements may only be made after #ae days following notification of the ,committees on ,appropriations of the ,house of ,representatives and the ,senate by the ,director of the ,office of ,management and ,budget4 #gbb4 ,notwithstanding any other provision of law1 a woman may breastfeed her child at any location in a ,federal building or on ,federal property1 if the woman and her child are otherwise authorized to be present at the location4 #gbc4 ,notwithstanding #ca ,u4,s4,c4 #acdf1 or section #gjh of this ,act1 funds made available for the current fiscal year by this or any other ,act shall be available for the interagency funding of specific projects1 workshops1 studies1 and similar efforts to carry out the purposes of the ,national ,science and ,technology ,council 7authorized by ,executive ,order ,no4 #abhha71 which benefit multiple ,federal departments1 agencies1 or entities3 ,provided1 ,that the ,office of ,management and ,budget shall provide a report describing the budget of and resources connected with the ,national ,science and ,technology ,council to the ,committees on ,appropriations1 the ,house ,committee on ,science and ,technology1 and the ,senate ,committee on ,commerce1 ,science1 and ,transportation #ij days after enactment of this ,act4 #gbd4 ,any request for proposals1 solicitation1 grant application1 form1 notification1 press release1 or other publications involving the distribution of ,federal funds shall comply with any relevant requirements in part #bjj of title #b1 ,code of ,federal ,regulations3 ,provided1 ,that this section shall apply to direct payments1 formula funds1 and grants received by a ,state receiving ,federal funds4 #gbe4 7a7 ,prohibition of ,federal ,agency ,monitoring of ,individuals' ,internet ,use ,none of the funds made available in this or any other ,act may be used by any ,federal agency-- 7#a7 to collect1 review1 or create any aggregation of data1 derived from any means1 that includes any personally identifiable information relating to an individual's access to or use of any ,federal ,government ,internet site of the agency2 or 7#b7 to enter into any agreement with a third party 7including another government agency7 to collect1 review1 or obtain any aggregation of data1 derived from any means1 that includes any personally identifiable information relating to an individual's access to or use of any nongovernmental ,internet site4 7b7 ,exceptions ,the limitations established in subsection 7a7 shall not apply to-- 7#a7 any record of aggregate data that does not identify particular persons2 7#b7 any voluntary submission of personally identifiable information2 7#c7 any action taken for law enforcement1 regulatory1 or supervisory purposes1 in accordance with applicable law2 or 7#d7 any action described in subsection 7a77#a7 that is a system security action taken by the operator of an ,internet site and is necessarily incident to providing the ,internet site services or to protecting the rights or property of the provider of the ,internet site4 7c7 ,definitions ,for the purposes of this section3 7#a7 ,the term regulatory means agency actions to implement1 interpret or enforce authorities provided in law4 7#b7 ,the term supervisory means examinations of the agency's supervised institutions1 including assessing safety and soundness1 overall financial condition1 management practices and policies and compliance with applicable standards as provided in law4 #gbf4 7a7 ,none of the funds appropriated by this ,act may be used to enter into or renew a contract which includes a provision providing prescription drug coverage1 except where the contract also includes a provision for contraceptive coverage4 7b7 ,nothing in this section shall apply to a contract with-- 7#a7 any of the following religious plans3 7,a7 ,personal ,care's ,,hmo2 and 7,b7 ,,osf ,health,plans1 ,inc42 and 7#b7 any existing or future plan1 if the carrier for the plan objects to such coverage on the basis of religious beliefs4 7c7 ,in implementing this section1 any plan that enters into or renews a contract under this section may not subject any individual to discrimination on the basis that the individual refuses to prescribe or otherwise provide for contraceptives because such activities would be contrary to the individual's religious beliefs or moral convictions4 7d7 ,nothing in this section shall be construed to require coverage of abortion or abortion-related services4 #gbg4 ,the ,united ,states is committed to ensuring the health of its ,olympic1 ,pan ,american1 and ,paralympic athletes1 and supports the strict adherence to anti-doping in sport through testing1 adjudication1 education1 and research as performed by nationally recognized oversight authorities4 #gbh4 ,notwithstanding any other provision of law1 funds appropriated for official travel to ,federal departments and agencies may be used by such departments and agencies1 if consistent with ,office of ,management and ,budget ,circular ,a-#abf regarding official travel for ,government personnel1 to participate in the fractional aircraft ownership pilot program4 #gbi4 ,notwithstanding any other provision of law1 none of the funds appropriated or made available under this or any other appropriations ,act may be used to implement or enforce restrictions or limitations on the ,coast ,guard ,congressional ,fellowship ,program1 or to implement the proposed regulations of the ,office of ,personnel ,management to add sections #cjj4caa through #cjj4caf to part #cjj of title #e of the ,code of ,federal ,regulations1 published in the ,federal ,register1 volume #fh1 number #agd1 on ,september #i1 #bjjc 7relating to the detail of executive branch employees to the legislative branch74 #gcj4 ,notwithstanding any other provision of law1 no executive branch agency shall purchase1 construct1 or lease any additional facilities1 except within or contiguous to existing locations1 to be used for the purpose of conducting ,federal law enforcement training without the advance approval of the ,committees on ,appropriations of the ,house of ,representatives and the ,senate1 except that the ,federal ,law ,enforcement ,training ,center is authorized to obtain the temporary use of additional facilities by lease1 contract1 or other agreement for training which cannot be accommodated in existing ,center facilities4 #gca4 ,unless otherwise authorized by existing law1 none of the funds provided in this or any other ,act may be used by an executive branch agency to produce any prepackaged news story intended for broadcast or distribution in the ,united ,states1 unless the story includes a clear notification within the text or audio of the prepackaged news story that the prepackaged news story was prepared or funded by that executive branch agency4 #gcb4 ,none of the funds made available in this ,act may be used in contravention of section #eeb;a of title #e1 ,united ,states ,code 7popularly known as the ,privacy ,act71 and regulations implementing that section4 #gcc4 7a7 ,in ,general ,none of the funds appropriated or otherwise made available by this or any other ,act may be used for any ,federal ,government contract with any foreign incorporated entity which is treated as an inverted domestic corporation under section #hce7;b7 of the ,homeland ,security ,act of #bjjb 7#f ,u4,s4,c4 #cie7;b77 or any subsidiary of such an entity4 7b7 ,waivers 7#a7 ,in general ,any ,secretary shall waive subsection 7a7 with respect to any ,federal ,government contract under the authority of such ,secretary if the ,secretary determines that the waiver is required in the interest of national security4 7#b7 ,report to congress ,any ,secretary issuing a waiver under paragraph 7#a7 shall report such issuance to ,congress4 7c7 ,exception ,this section shall not apply to any ,federal ,government contract entered into before the date of the enactment of this ,act1 or to any task order issued pursuant to such contract4 #gcd4 ,during fiscal year #bjaf1 for each employee who-- 7#a7 retires under section #hccf7;d77#b7 or #hdad7;b77#a77;,b7 of title #e1 ,united ,states ,code2 or 7#b7 retires under any other provision of subchapter ,,iii of chapter #hc or chapter #hd of such title #e and receives a payment as an incentive to separate1 the separating agency shall remit to the ,civil ,service ,retirement and ,disability ,fund an amount equal to the ,office of ,personnel ,management's average unit cost of processing a retirement claim for the preceding fiscal year4 ,such amounts shall be available until expended to the ,office of ,personnel ,management and shall be deemed to be an administrative expense under section #hcdh7;a77#a77;,b7 of title #e1 ,united ,states ,code4 #gce4 7a7 ,none of the funds made available in this or any other ,act may be used to recommend or require any entity submitting an offer for a ,federal contract to disclose any of the following information as a condition of submitting the offer3 7#a7 ,any payment consisting of a contribution1 expenditure1 independent expenditure1 or disbursement for an electioneering communication that is made by the entity1 its officers or directors1 or any of its affiliates or subsidiaries to a candidate for election for ,federal office or to a political committee1 or that is otherwise made with respect to any election for ,federal office4 7#b7 ,any disbursement of funds 7other than a payment described in paragraph 7#a77 made by the entity1 its officers or directors1 or any of its affiliates or subsidiaries to any person with the intent or the reasonable expectation that the person will use the funds to make a payment described in paragraph 7#a74 7b7 ,in this section1 each of the terms contribution1 expenditure1 independent expenditure1 electioneering communication1 candidate1 election1 and ,federal office has the meaning given such term in the ,federal ,election ,campaign ,act of #aiga 7#b ,u4,s4,c4 #dca et seq474 #gcf4 ,none of the funds made available in this or any other ,act may be used to pay for the painting of a portrait of an officer or employee of the ,federal government1 including the ,president1 the ,vice ,president1 a member of ,congress 7including a ,delegate or a ,resident ,commissioner to ,congress71 the head of an executive branch agency 7as defined in section #acc of title #da1 ,united ,states ,code71 or the head of an office of the legislative branch4 #gcg4 7a7 7#a7 ,notwithstanding any other provision of law1 and except as otherwise provided in this section1 no part of any of the funds appropriated for fiscal year #bjaf1 by this or any other ,act1 may be used to pay any prevailing rate employee described in section #ecdb7;a77#b77;,a7 of title #e1 ,united ,states ,code-- 7,a7 during the period from the date of expiration of the limitation imposed by the comparable section for the previous fiscal years until the normal effective date of the applicable wage survey adjustment that is to take effect in fiscal year #bjaf1 in an amount that exceeds the rate payable for the applicable grade and step of the applicable wage schedule in accordance with such section2 and 7,b7 during the period consisting of the remainder of fiscal year #bjaf1 in an amount that exceeds1 as a result of a wage survey adjustment1 the rate payable under subparagraph 7,a7 by more than the sum of-- 7i7 the percentage adjustment taking effect in fiscal year #bjaf under section #ecjc of title #e1 ,united ,states ,code1 in the rates of pay under the ,general ,schedule2 and 7ii7 the difference between the overall average percentage of the locality-based comparability payments taking effect in fiscal year #bjaf under section #ecjd of such title 7whether by adjustment or otherwise71 and the overall average percentage of such payments which was effective in the previous fiscal year under such section4 7#b7 ,notwithstanding any other provision of law1 no prevailing rate employee described in subparagraph 7,b7 or 7,c7 of section #ecdb7;a77#b7 of title #e1 ,united ,states ,code1 and no employee covered by section #ecdh of such title1 may be paid during the periods for which paragraph 7#a7 is in effect at a rate that exceeds the rates that would be payable under paragraph 7#a7 were paragraph 7#a7 applicable to such employee4 7#c7 ,for the purposes of this subsection1 the rates payable to an employee who is covered by this subsection and who is paid from a schedule not in existence on ,september #cj1 #bjae1 shall be determined under regulations prescribed by the ,office of ,personnel ,management4 7#d7 ,notwithstanding any other provision of law1 rates of premium pay for employees subject to this subsection may not be changed from the rates in effect on ,september #cj1 #bjae1 except to the extent determined by the ,office of ,personnel ,management to be consistent with the purpose of this subsection4 7#e7 ,this subsection shall apply with respect to pay for service performed after ,september #cj1 #bjae4 7#f7 ,for the purpose of administering any provision of law 7including any rule or regulation that provides premium pay1 retirement1 life insurance1 or any other employee benefit7 that requires any deduction or contribution1 or that imposes any requirement or limitation on the basis of a rate of salary or basic pay1 the rate of salary or basic pay payable after the application of this subsection shall be treated as the rate of salary or basic pay4 7#g7 ,nothing in this subsection shall be considered to permit or require the payment to any employee covered by this subsection at a rate in excess of the rate that would be payable were this subsection not in effect4 7#h7 ,the ,office of ,personnel ,management may provide for exceptions to the limitations imposed by this subsection if the ,office determines that such exceptions are necessary to ensure the recruitment or retention of qualified employees4 7b7 ,notwithstanding subsection 7a71 the adjustment in rates of basic pay for the statutory pay systems that take place in fiscal year #bjaf under sections #ecdd and #ecdh of title #e1 ,united ,states ,code1 shall be-- 7#a7 not less than the percentage received by employees in the same location whose rates of basic pay are adjusted pursuant to the statutory pay systems under sections #ecjc and #ecjd of title #e1 ,united ,states ,code3 ,provided1 ,that prevailing rate employees at locations where there are no employees whose pay is increased pursuant to sections #ecjc and #ecjd of title #e1 ,united ,states ,code1 and prevailing rate employees described in section #ecdc7;a77#e7 of title #e1 ,united ,states ,code1 shall be considered to be located in the pay locality designated as ,rest of ,united ,states pursuant to section #ecjd of title #e1 ,united ,states ,code1 for purposes of this subsection2 and 7#b7 effective as of the first day of the first applicable pay period beginning after ,september #cj1 #bjae4 #gch4 7a7 ,the ,vice ,president may not receive a pay raise in calendar year #bjaf1 notwithstanding the rate adjustment made under section #ajd of title #c1 ,united ,states ,code1 or any other provision of law4 7b7 ,an employee serving in an ,executive ,schedule position1 or in a position for which the rate of pay is fixed by statute at an ,executive ,schedule rate1 may not receive a pay rate increase in calendar year #bjaf1 notwithstanding schedule adjustments made under section #ecah of title #e1 ,united ,states ,code1 or any other provision of law1 except as provided in subsection 7g71 7h71 or 7i74 ,this subsection applies only to employees who are holding a position under a political appointment4 7c7 ,a chief of mission or ambassador at large may not receive a pay rate increase in calendar year #bjaf1 notwithstanding section #dja of the ,foreign ,service ,act of #aihj 7,public ,law #if-dfe7 or any other provision of law1 except as provided in subsection 7g71 7h71 or 7i74 7d7 ,notwithstanding sections #echb and #echc of title #e1 ,united ,states ,code1 a pay rate increase may not be received in calendar year #bjaf 7except as provided in subsection 7g71 7h71 or 7i77 by-- 7#a7 a noncareer appointee in the ,senior ,executive ,service paid a rate of basic pay at or above level ,,iv of the ,executive ,schedule2 or 7#b7 a limited term appointee or limited emergency appointee in the ,senior ,executive ,service serving under a political appointment and paid a rate of basic pay at or above level ,,iv of the ,executive ,schedule4 7e7 ,any employee paid a rate of basic pay 7including any locality-based payments under section #ecjd of title #e1 ,united ,states ,code1 or similar authority7 at or above level ,,iv of the ,executive ,schedule who serves under a political appointment may not receive a pay rate increase in calendar year #bjaf1 notwithstanding any other provision of law1 except as provided in subsection 7g71 7h71 or 7i74 ,this subsection does not apply to employees in the ,general ,schedule pay system or the ,foreign ,service pay system1 or to employees appointed under section #cafa of title #e1 ,united ,states ,code1 or to employees in another pay system whose position would be classified at ,,gs-#ae or below if chapter #ea of title #e1 ,united ,states ,code1 applied to them4 7f7 ,nothing in subsections 7b7 through 7e7 shall prevent employees who do not serve under a political appointment from receiving pay increases as otherwise provided under applicable law4 7g7 ,a career appointee in the ,senior ,executive ,service who receives a ,presidential appointment and who makes an election to retain ,senior ,executive ,service basic pay entitlements under section #ccib of title #e1 ,united ,states ,code1 is not subject to this section4 7h7 ,a member of the ,senior ,foreign ,service who receives a ,presidential appointment to any position in the executive branch and who makes an election to retain ,senior ,foreign ,service pay entitlements under section #cjb7;b7 of the ,foreign ,service ,act of #aihj 7,public ,law #if-dfe7 is not subject to this section4 7i7 ,notwithstanding subsections 7b7 through 7e71 an employee in a covered position may receive a pay rate increase upon an authorized movement to a different covered position with higher-level duties and a pre-established higher level or range of pay1 except that any such increase must be based on the rates of pay and applicable pay limitations in effect on ,december #ca1 #bjac4 7j7 ,notwithstanding any other provision of law1 for an individual who is newly appointed to a covered position during the period of time subject to this section1 the initial pay rate shall be based on the rates of pay and applicable pay limitations in effect on ,december #ca1 #bjac4 7k7 ,if an employee affected by subsections 7b7 through 7e7 is subject to a biweekly pay period that begins in calendar year #bjaf but ends in calendar year #bjag1 the bar on the employee's receipt of pay rate increases shall apply through the end of that pay period4 #gci4 7a7 ,the head of any ,executive branch department1 agency1 board1 commission1 or office funded by this or any other appropriations ,act shall submit annual reports to the ,inspector ,general or senior ethics official for any entity without an ,inspector ,general1 regarding the costs and contracting procedures related to each conference held by any such department1 agency1 board1 commission1 or office during fiscal year #bjaf for which the cost to the ,united ,states ,government was more than #ajj1jjj4 7b7 ,each report submitted shall include1 for each conference described in subsection 7a7 held during the applicable period-- 7#a7 a description of its purpose2 7#b7 the number of participants attending2 7#c7 a detailed statement of the costs to the ,united ,states ,government1 including-- 7,a7 the cost of any food or beverages2 7,b7 the cost of any audio-visual services2 7,c7 the cost of employee or contractor travel to and from the conference2 and 7,d7 a discussion of the methodology used to determine which costs relate to the conference2 and 7#d7 a description of the contracting procedures used including-- 7,a7 whether contracts were awarded on a competitive basis2 and 7,b7 a discussion of any cost comparison conducted by the departmental component or office in evaluating potential contractors for the conference4 7c7 ,within #ae days of the date of a conference held by any ,executive branch department1 agency1 board1 commission1 or office funded by this or any other appropriations ,act during fiscal year #bjaf for which the cost to the ,united ,states ,government was more than #bj1jjj1 the head of any such department1 agency1 board1 commission1 or office shall notify the ,inspector ,general or senior ethics official for any entity without an ,inspector ,general1 of the date1 location1 and number of employees attending such conference4 7d7 ,a grant or contract funded by amounts appropriated by this or any other appropriations ,act may not be used for the purpose of defraying the costs of a conference described in subsection 7c7 that is not directly and programmatically related to the purpose for which the grant or contract was awarded1 such as a conference held in connection with planning1 training1 assessment1 review1 or other routine purposes related to a project funded by the grant or contract4 7e7 ,none of the funds made available in this or any other appropriations ,act may be used for travel and conference activities that are not in compliance with ,office of ,management and ,budget ,memorandum ,m-#ab-ab dated ,may #aa1 #bjab4 #gdj4 ,none of the funds made available in this or any other appropriations ,act may be used to increase1 eliminate1 or reduce funding for a program1 project1 or activity as proposed in the ,president's budget request for a fiscal year until such proposed change is subsequently enacted in an appropriation ,act1 or unless such change is made pursuant to the reprogramming or transfer provisions of this or any other appropriations ,act4 #gda4 ,none of the funds made available by this or any other ,act may be used to implement1 administer1 enforce1 or apply the rule entitled ,competitive ,area published by the ,office of ,personnel ,management in the ,federal ,register on ,april #ae1 #bjjh 7#gc ,fed4 ,reg4 #bjahj et seq474 #gdb4 ,none of the funds appropriated or otherwise made available by this or any other ,act may be used to begin or announce a study or public-private competition regarding the conversion to contractor performance of any function performed by ,federal employees pursuant to ,office of ,management and ,budget ,circular ,a-#gf or any other administrative regulation1 directive1 or policy4 #gdc4 7a7 ,none of the funds appropriated or otherwise made available by this or any other ,act may be available for a contract1 grant1 or cooperative agreement with an entity that requires employees or contractors of such entity seeking to report fraud1 waste1 or abuse to sign internal confidentiality agreements or statements prohibiting or otherwise restricting such employees or contractors from lawfully reporting such waste1 fraud1 or abuse to a designated investigative or law enforcement representative of a ,federal department or agency authorized to receive such information4 7b7 ,the limitation in subsection 7a7 shall not contravene requirements applicable to ,standard ,form #cab1 ,form #ddad1 or any other form issued by a ,federal department or agency governing the nondisclosure of classified information4 #gdd4 ,none of the funds made available by this or any other ,act may be used to enter into a contract1 memorandum of understanding1 or cooperative agreement with1 make a grant to1 or provide a loan or loan guarantee to1 any corporation that has any unpaid ,federal tax liability that has been assessed1 for which all judicial and administrative remedies have been exhausted or have lapsed1 and that is not being paid in a timely manner pursuant to an agreement with the authority responsible for collecting the tax liability1 where the awarding agency is aware of the unpaid tax liability1 unless a ,federal agency has considered suspension or debarment of the corporation and has made a determination that this further action is not necessary to protect the interests of the ,government4 #gde4 ,none of the funds made available by this or any other ,act may be used to enter into a contract1 memorandum of understanding1 or cooperative agreement with1 make a grant to1 or provide a loan or loan guarantee to1 any corporation that was convicted of a felony criminal violation under any ,federal law within the preceding #bd months1 where the awarding agency is aware of the conviction1 unless a ,federal agency has considered suspension or debarment of the corporation and has made a determination that this further action is not necessary to protect the interests of the ,government4 #gdf4 7a7 ,no funds appropriated in this or any other ,act may be used to implement or enforce the agreements in ,standard ,forms #cab and #ddad of the ,government or any other nondisclosure policy1 form1 or agreement if such policy1 form1 or agreement does not contain the following provisions3 ,these provisions are consistent with and do not supersede1 conflict with1 or otherwise alter the employee obligations1 rights1 or liabilities created by existing statute or ,executive order relating to 7#a7 classified information1 7#b7 communications to ,congress1 7#c7 the reporting to an ,inspector ,general of a violation of any law1 rule1 or regulation1 or mismanagement1 a gross waste of funds1 an abuse of authority1 or a substantial and specific danger to public health or safety1 or 7#d7 any other whistleblower protection4 ,the definitions1 requirements1 obligations1 rights1 sanctions1 and liabilities created by controlling ,executive orders and statutory provisions are incorporated into this agreement and are controlling43 ,provided1 ,that notwithstanding the preceding provision of this section1 a nondisclosure policy form or agreement that is to be executed by a person connected with the conduct of an intelligence or intelligence-related activity1 other than an employee or officer of the ,united ,states ,government1 may contain provisions appropriate to the particular activity for which such document is to be used4 ,such form or agreement shall1 at a minimum1 require that the person will not disclose any classified information received in the course of such activity unless specifically authorized to do so by the ,united ,states ,government4 ,such nondisclosure forms shall also make it clear that they do not bar disclosures to ,congress1 or to an authorized official of an executive agency or the ,department of ,justice1 that are essential to reporting a substantial violation of law4 7b7 ,a nondisclosure agreement may continue to be implemented and enforced notwithstanding subsection 7a7 if it complies with the requirements for such agreement that were in effect when the agreement was entered into4 7c7 ,no funds appropriated in this or any other ,act may be used to implement or enforce any agreement entered into during fiscal year #bjad which does not contain substantially similar language to that required in subsection 7a74 #gdg4 ,none of the funds made available by this or any other ,act may be used to implement1 administer1 carry out1 modify1 revise1 or enforce ,executive ,order #acfij 7entitled ,establishing a ,federal ,flood ,risk ,management ,standard and a ,process for ,further ,soliciting and ,considering ,stakeholder ,input74 #gdh4 ,if1 for fiscal year #bjaf1 new budget authority provided in appropriations ,acts exceeds the discretionary spending limit for any category set forth in section #bea7;c7 of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe due to estimating differences with the ,congressional ,budget ,office1 an adjustment to the discretionary spending limit in such category for fiscal year #bjaf shall be made by the ,director of the ,office of ,management and ,budget in the amount of the excess but the total of all such adjustments shall not exceed #j4b percent of the sum of the adjusted discretionary spending limits for all categories for that fiscal year4 #gdi4 ,except as expressly provided otherwise1 any reference to this ,act contained in any title other than title ,,iv or ,,viii shall not apply to such title ,,iv or ,,viii4 ,,viii ,general provisions--district of columbia 7including transfers of funds7 #hja4 ,there are appropriated from the applicable funds of the ,district of ,columbia such sums as may be necessary for making refunds and for the payment of legal settlements or judgments that have been entered against the ,district of ,columbia government4 #hjb4 ,none of the ,federal funds provided in this ,act shall be used for publicity or propaganda purposes or implementation of any policy including boycott designed to support or defeat legislation pending before ,congress or any ,state legislature4 #hjc4 7a7 ,none of the ,federal funds provided under this ,act to the agencies funded by this ,act1 both ,federal and ,district government agencies1 that remain available for obligation or expenditure in fiscal year #bjaf1 or provided from any accounts in the ,treasury of the ,united ,states derived by the collection of fees available to the agencies funded by this ,act1 shall be available for obligation or expenditures for an agency through a reprogramming of funds which-- 7#a7 creates new programs2 7#b7 eliminates a program1 project1 or responsibility center2 7#c7 establishes or changes allocations specifically denied1 limited or increased under this ,act2 7#d7 increases funds or personnel by any means for any program1 project1 or responsibility center for which funds have been denied or restricted2 7#e7 re-establishes any program or project previously deferred through reprogramming2 7#f7 augments any existing program1 project1 or responsibility center through a reprogramming of funds in excess of #c1jjj1jjj or #aj percent1 whichever is less2 or 7#g7 increases by #bj percent or more personnel assigned to a specific program1 project or responsibility center1 unless prior approval is received from the ,committees on ,appropriations of the ,house of ,representatives and the ,senate4 7b7 ,the ,district of ,columbia government is authorized to approve and execute reprogramming and transfer requests of local funds under this title through ,november #g1 #bjaf4 #hjd4 ,none of the ,federal funds provided in this ,act may be used by the ,district of ,columbia to provide for salaries1 expenses1 or other costs associated with the offices of ,united ,states ,senator or ,united ,states ,representative under section #d7;d7 of the ,district of ,columbia ,statehood ,constitutional ,convention ,initiatives of #aigi 7,d4,c4 ,law #c-aga2 ,d4,c4 ,official ,code1 sec4 #a-abc74 #hje4 ,except as otherwise provided in this section1 none of the funds made available by this ,act or by any other ,act may be used to provide any officer or employee of the ,district of ,columbia with an official vehicle unless the officer or employee uses the vehicle only in the performance of the officer's or employee's official duties4 ,for purposes of this section1 the term official duties does not include travel between the officer's or employee's residence and workplace1 except in the case of-- 7#a7 an officer or employee of the ,metropolitan ,police ,department who resides in the ,district of ,columbia or is otherwise designated by the ,chief of the ,department2 7#b7 at the discretion of the ,fire ,chief1 an officer or employee of the ,district of ,columbia ,fire and ,emergency ,medical ,services ,department who resides in the ,district of ,columbia and is on call #bd hours a day2 7#c7 at the discretion of the ,director of the ,department of ,corrections1 an officer or employee of the ,district of ,columbia ,department of ,corrections who resides in the ,district of ,columbia and is on call #bd hours a day2 7#d7 at the discretion of the ,chief ,medical ,examiner1 an officer or employee of the ,office of the ,chief ,medical ,examiner who resides in the ,district of ,columbia and is on call #bd hours a day2 7#e7 at the discretion of the ,director of the ,homeland ,security and ,emergency ,management ,agency1 an officer or employee of the ,homeland ,security and ,emergency ,management ,agency who resides in the ,district of ,columbia and is on call #bd hours a day2 7#f7 the ,mayor of the ,district of ,columbia2 and 7#g7 the ,chairman of the ,council of the ,district of ,columbia4 #hjf4 7a7 ,none of the ,federal funds contained in this ,act may be used by the ,district of ,columbia ,attorney ,general or any other officer or entity of the ,district government to provide assistance for any petition drive or civil action which seeks to require ,congress to provide for voting representation in ,congress for the ,district of ,columbia4 7b7 ,nothing in this section bars the ,district of ,columbia ,attorney ,general from reviewing or commenting on briefs in private lawsuits1 or from consulting with officials of the ,district government regarding such lawsuits4 #hjg4 ,none of the ,federal funds contained in this ,act may be used to distribute any needle or syringe for the purpose of preventing the spread of blood borne pathogens in any location that has been determined by the local public health or local law enforcement authorities to be inappropriate for such distribution4 #hjh4 ,nothing in this ,act may be construed to prevent the ,council or ,mayor of the ,district of ,columbia from addressing the issue of the provision of contraceptive coverage by health insurance plans1 but it is the intent of ,congress that any legislation enacted on such issue should include a conscience clause which provides exceptions for religious beliefs and moral convictions4 #hji4 ,none of the ,federal funds appropriated under this ,act shall be expended for any abortion except where the life of the mother would be endangered if the fetus were carried to term or where the pregnancy is the result of an act of rape or incest4 #haj4 7a7 ,no later than #cj calendar days after the date of the enactment of this ,act1 the ,chief ,financial ,officer for the ,district of ,columbia shall submit to the appropriate committees of ,congress1 the ,mayor1 and the ,council of the ,district of ,columbia1 a revised appropriated funds operating budget in the format of the budget that the ,district of ,columbia government submitted pursuant to section #ddb of the ,district of ,columbia ,home ,rule ,act 7,d4,c4 ,official ,code1 sec4 #a-bjd4db71 for all agencies of the ,district of ,columbia government for fiscal year #bjaf that is in the total amount of the approved appropriation and that realigns all budgeted data for personal services and other-than-personal services1 respectively1 with anticipated actual expenditures4 7b7 ,this section shall apply only to an agency for which the ,chief ,financial ,officer for the ,district of ,columbia certifies that a reallocation is required to address unanticipated changes in program requirements4 #haa4 ,no later than #cj calendar days after the date of the enactment of this ,act1 the ,chief ,financial ,officer for the ,district of ,columbia shall submit to the appropriate committees of ,congress1 the ,mayor1 and the ,council for the ,district of ,columbia1 a revised appropriated funds operating budget for the ,district of ,columbia ,public ,schools that aligns schools budgets to actual enrollment4 ,the revised appropriated funds budget shall be in the format of the budget that the ,district of ,columbia government submitted pursuant to section #ddb of the ,district of ,columbia ,home ,rule ,act 7,d4,c4 ,official ,code1 sec4 #a-bjd4db74 #hab4 7a7 ,amounts appropriated in this ,act as operating funds may be transferred to the ,district of ,columbia's enterprise and capital funds and such amounts1 once transferred1 shall retain appropriation authority consistent with the provisions of this ,act4 7b7 ,the ,district of ,columbia government is authorized to reprogram or transfer for operating expenses any local funds transferred or reprogrammed in this or the four prior fiscal years from operating funds to capital funds1 and such amounts1 once transferred or reprogrammed1 shall retain appropriation authority consistent with the provisions of this ,act4 7c7 ,the ,district of ,columbia government may not transfer or reprogram for operating expenses any funds derived from bonds1 notes1 or other obligations issued for capital projects4 #hac4 ,none of the ,federal funds appropriated in this ,act shall remain available for obligation beyond the current fiscal year1 nor may any be transferred to other appropriations1 unless expressly so provided herein4 #had4 ,except as otherwise specifically provided by law or under this ,act1 not to exceed #ej percent of unobligated balances remaining available at the end of fiscal year #bjaf from appropriations of ,federal funds made available for salaries and expenses for fiscal year #bjaf in this ,act1 shall remain available through ,september #cj1 #bjag1 for each such account for the purposes authorized3 ,provided1 ,that a request shall be submitted to the ,committees on ,appropriations of the ,house of ,representatives and the ,senate for approval prior to the expenditure of such funds3 ,provided further1 ,that these requests shall be made in compliance with reprogramming guidelines outlined in section #hjc of this ,act4 #hae4 7a7 ,during fiscal year #bjag1 during a period in which neither a ,district of ,columbia continuing resolution or a regular ,district of ,columbia appropriation bill is in effect1 local funds are appropriated in the amount provided for any project or activity for which local funds are provided in the ,fiscal ,year #bjag ,budget ,request ,act of #bjaf as submitted to ,congress 7subject to any modifications enacted by the ,district of ,columbia as of the beginning of the period during which this subsection is in effect7 at the rate set forth by such ,act4 7b7 ,appropriations made by subsection 7a7 shall cease to be available-- 7#a7 during any period in which a ,district of ,columbia continuing resolution for fiscal year #bjag is in effect2 or 7#b7 upon the enactment into law of the regular ,district of ,columbia appropriation bill for fiscal year #bjag4 7c7 ,an appropriation made by subsection 7a7 is provided under the authority and conditions as provided under this ,act and shall be available to the extent and in the manner that would be provided by this ,act4 7d7 ,an appropriation made by subsection 7a7 shall cover all obligations or expenditures incurred for such project or activity during the portion of fiscal year #bjag for which this section applies to such project or activity4 7e7 ,this section shall not apply to a project or activity during any period of fiscal year #bjag if any other provision of law 7other than an authorization of appropriations7-- 7#a7 makes an appropriation1 makes funds available1 or grants authority for such project or activity to continue for such period2 or 7#b7 specifically provides that no appropriation shall be made1 no funds shall be made available1 or no authority shall be granted for such project or activity to continue for such period4 7f7 ,nothing in this section shall be construed to affect obligations of the government of the ,district of ,columbia mandated by other law4 #haf4 7a7 ,this section may be cited as the ,d4,c4 ,opportunity ,scholarship ,program ,school ,certification ,requirements ,act4 7b7 ,section #cjjg7;a7 of the ,scholarships for ,opportunity and ,results ,act 7,public ,law #aab-aj2 #abe ,stat4 #bjc7 is amended-- 7#a7 in paragraph 7#d7-- 7,a7 in subparagraph 7,e71 by striking and after the semicolon2 7,b7 in subparagraph 7,f71 by striking the period at the end and inserting a semicolon2 and 7,c7 by adding at the end the following3 7,g7 7i7 is provisionally or fully accredited by a national or regional accrediting agency that is recognized in the ,district of ,columbia ,school ,reform ,act of #aiie 7sec4 #ch-ahjb4jb7af77;,a7-7,g71 ,d4,c4 ,official ,code7 or any other accrediting body deemed appropriate by the ,office of the ,state ,superintendent for ,schools for the purposes of accrediting an elementary or secondary school2 or 7ii7 in the case of a school that is a participating school as of the day before the date of enactment of the ,d4,c4 ,opportunity ,scholarship ,program ,school ,certification ,requirements ,act and1 as of such day1 does not meet the requirements of clause 7i7-- 7,i7 by not later than #a year after such date of enactment1 is pursuing accreditation by a national or regional accrediting agency recognized in the ,district of ,columbia ,school ,reform ,act of #aiie 7sec4 #ch-ahjb4jb7af77;,a7-7,g71 ,d4,c4 ,official ,code7 or any other accrediting body deemed appropriate by the ,office of the ,state ,superintendent for ,schools for the purposes of accrediting an elementary or secondary school2 and 7,,ii7 by not later than #e years after such date of enactment1 is provisionally or fully accredited by such accrediting agency1 except that an eligible entity may grant not more than one #a-year extension to meet this requirement for each participating school that provides evidence to the eligible entity from such accrediting agency that the school's application for accreditation is in process and the school will be awarded accreditation before the end of the #a-year extension period2 7,h7 conducts criminal background checks on school employees who have direct and unsupervised interaction with students2 and 7,i7 complies with all requests for data and information regarding the reporting requirements described in section #cjaj4 2 and 7#b7 by adding at the end the following3 7#e7 ,new participating schools ,if a school is not a participating school as of the date of enactment of the ,d4,c4 ,opportunity ,scholarship ,program ,school ,certification ,requirements ,act1 the school shall not become a participating school and none of the funds provided under this division for opportunity scholarships may be used by an eligible student to enroll in that school unless the school-- 7,a7 is actively pursuing provisional or full accreditation by a national or regional accrediting agency that is recognized in the ,district of ,columbia ,school ,reform ,act of #aiie 7sec4 #ch-ahjb4jb7af77;,a7-7,g71 ,d4,c4 ,official ,code7 or any other accrediting body deemed appropriate by the ,office of the ,state ,superintendent for ,schools for the purposes of accrediting an elementary or secondary school2 and 7,b7 meets all of the other requirements for participating schools under this ,act4 7#f7 ,enrolling in another school ,an eligible entity shall assist the parents of a participating eligible student in identifying1 applying to1 and enrolling in an another participating school for which opportunity scholarship funds may be used1 if-- 7,a7 such student is enrolled in a participating private school and may no longer use opportunity scholarship funds for enrollment in that participating private school because such school fails to meet a requirement under paragraph #d1 or any other requirement of this ,act2 or 7,b7 a participating eligible student is enrolled in a school that ceases to be a participating school4 4 7c7 ,report to eligible entities ,section #cjaj of the ,scholarships for ,opportunity and ,results ,act 7,public ,law #aab-aj2 #abe ,stat4 #bjc7 is further amended-- 7#a7 by redesignating subsection 7d7 as subsection 7e72 and 7#b7 by inserting after subsection 7c7 the following3 7d7 ,reports to eligible entities ,the eligible entity receiving funds under section #cjjd7;a7 shall ensure that each participating school under this division submits to the eligible entity beginning not later than #e years after the date of the enactment of the ,d4,c4 ,opportunity ,scholarship ,program ,school ,certification ,requirements ,act1 a certification that the school has been awarded provisional or full accreditation1 or has been granted an extension by the eligible entity in accordance with section #cjjg7;a77#d77;,g74 4 7d7 ,unless specifically provided otherwise1 this section1 and the amendments made by this section1 shall take effect #a year after the date of enactment of this ,act4 #hag4 ,subparagraph 7,g7 of section #c7;c77#b7 of the ,district of ,columbia ,college ,access ,act of #aiii 7,public ,law #ajf-ih71 as amended1 is further amended3 7#a7 by inserting after 7,g71 7i7 for individuals who began an undergraduate course of study prior to school year #bjae-bjaf12 and 7#b7 by inserting the following before the period at the end3 and 7ii7 for individuals who begin an undergraduate course of study in or after school year #bjaf-bjag1 is from a family with a taxable annual income of less than #dej1jjj4 ,beginning with school year #bjag-bjah1 the ,mayor shall adjust the amounts in clauses 7i7 and 7ii7 for inflation1 as measured by the percentage increase1 if any1 from the preceding fiscal year in the ,consumer ,price ,index for ,all ,urban ,consumers1 published by the ,bureau of ,labor ,statistics of the ,department of ,labor4 #hah4 ,except as expressly provided otherwise1 any reference to this ,act contained in this title or in title ,,iv shall be treated as referring only to the provisions of this title or of title ,,iv4 ,,ix ,financial ,regulatory ,improvements #ija4 ,short title ,this title may be cited as the ,financial ,regulatory ,improvement ,act of #bjae4 ,a ,regulatory relief and protection of consumer access to credit #ijb4 ,exception to annual written privacy notice requirement under the ,gramm-,leach-,bliley ,act ,section #ejc of the ,gramm-,leach-,bliley ,act 7#ae ,u4,s4,c4 #fhjc7 is amended by adding at the end the following3 7f7 ,exception to annual written notice requirement 7#a7 ,in general ,a financial institution described in paragraph 7#b7 shall not be required to provide an annual written disclosure under this section until such time as the financial institution fails to comply with subparagraph 7,a71 7,b71 or 7,c7 of paragraph 7#b74 7#b7 ,covered institutions ,a financial institution described in this paragraph is a financial institution that-- 7,a7 provides nonpublic personal information only in accordance with the provisions of subsection 7b77#b7 or 7e7 of section #ejb or regulations prescribed under section #ejd7;b72 7,b7 has not changed its policies and practices with respect to disclosing nonpublic personal information from the policies and practices that were disclosed in the most recent disclosure sent to consumers in accordance with this section2 and 7,c7 otherwise provides customers access to such most recent disclosure in electronic or other form permitted by regulations prescribed under section #ejd4 4 #ijc4 ,privately insured credit unions authorized to become members of a ,federal ,home ,loan ,bank 7a7 ,in general ,section #d7;a7 of the ,federal ,home ,loan ,bank ,act 7#ab ,u4,s4,c4 #adbd7;a77 is amended by adding at the end the following3 7#e7 ,certain privately insured credit unions 7,a7 ,in general ,subject to the requirements of subparagraph 7,b71 a credit union that lacks insurance of its member accounts under ,federal law shall be treated as an insured depository institution for purposes of this ,act4 7,b7 ,certification by appropriate ,state supervisor ,for purposes of this paragraph1 a credit union that lacks insurance of its member accounts under ,federal law and that has applied for membership in a ,federal ,home ,loan ,bank shall be treated as an insured depository institution if the following has occurred3 7i7 ,determination by ,state supervisor of the credit union 7,i7 ,in general ,subject to subclause 7,,ii71 the appropriate supervisor of the ,state in which the credit union is chartered has determined that the credit union meets all the eligibility requirements under section #bja7;a7 of the ,federal ,credit ,union ,act 7#ab ,u4,s4,c4 #agha7;a77 to apply for insurance of its member accounts as of the date of the application for membership4 7,,ii7 ,certification deemed valid ,in the case of any credit union to which subclause 7,i7 applies1 if the appropriate supervisor of the ,state in which such credit union is chartered fails to make the determination required pursuant to such subclause by the end of the #ab-month period beginning on the date on which the application is submitted to the supervisor1 the credit union shall be deemed to have met the requirements of subclause 7,i74 7ii7 ,determination by ,state supervisor of the private deposit insurer ,the licensing entity of the private deposit insurer that is insuring the member accounts of the credit union-- 7,i7 receives1 on an annual basis1 an independent actuarial opinion that the private insurer has set aside sufficient reserves for losses2 and 7,,ii7 obtains1 as frequently as appropriate1 but not less frequently than once every #cf months1 a study by an independent actuary on the capital adequacy of the private insurer4 7iii7 ,submission of financial information ,the credit union or the appropriate supervisor of the ,state in which the credit union is chartered makes available1 and continues to make available for such time as the credit union is a member of a ,federal ,home ,loan ,bank1 to the ,federal ,housing ,finance ,agency or to the ,federal ,home ,loan ,bank all reports1 records1 and other information related to any examination or inquiry performed by the supervisor concerning the financial condition of the credit union1 as soon as is practicable4 7,c7 ,security interests of ,federal ,home ,loan ,bank not avoidable ,notwithstanding any provision of ,state law authorizing a conservator or liquidating agent of a credit union to repudiate contracts1 no such provision shall apply with respect to-- 7i7 any extension of credit from any ,federal ,home ,loan ,bank to any credit union that is a member of any such bank pursuant to this paragraph2 or 7ii7 any security interest in the assets of such a credit union securing any such extension of credit4 7,d7 ,protection for certain ,federal ,home ,loan ,bank advances ,notwithstanding any ,state law to the contrary1 if a ,bank makes an advance under section #aj to a ,state-chartered credit union that is not federally insured-- 7i7 the interest of the ,bank in any collateral securing the advance has the same priority and is afforded the same standing and rights that the security interest would have had if the advance had been made to a federally insured credit union2 and 7ii7 the ,bank has the same right to access such collateral that the ,bank would have had if the advance had been made to a federally insured credit union4 4 7b7 ,copies of audits of private insurers of certain depository institutions required to be provided to supervisory agencies ,section #dc7;a77#b77;,a7 of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahcat7a77#b77;,a77 is amended-- 7#a7 in clause 7i71 by striking 2 and and inserting a semicolon2 7#b7 in clause 7ii71 by striking the period at the end and inserting 2 and2 and 7#c7 by adding at the end the following3 7iii7 in the case of depository institutions described in subsection 7e77#b77;,a71 the member accounts of which are insured by the private deposit insurer1 which are members of a ,federal home loan bank1 to the ,federal ,housing ,finance ,agency1 not later than #g days after the audit is completed4 4 7c7 ,,gao ,report ,not later than #ah months after the date of enactment of this title1 the ,comptroller ,general of the ,united ,states shall conduct a study and submit to ,congress a report on-- 7#a7 the adequacy of insurance reserves held by any private deposit insurer that insures the member accounts of any entity described in section #dc7;e77#b77;,a7 of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahcat7e77#b77;,a772 and 7#b7 for any entity described in paragraph 7#a71 the member accounts of which are insured by a private deposit insurer1 the level of compliance with ,federal regulations relating to the disclosure of a lack of ,federal deposit insurance4 #ijd4 ,designation of rural area 7a7 ,application ,not later than #ij days after the date of enactment of this title1 the ,bureau of ,consumer ,financial ,protection shall establish an application process under which a person who lives or does business in a ,state may1 with respect to an area identified by the person in the ,state that has not been designated by the ,bureau of ,consumer ,financial ,protection as a rural area for purposes of a ,federal consumer financial law 7as defined in section #ajjb of the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #edha771 apply for such area to be so designated4 7b7 ,evaluation criteria ,in evaluating an application submitted under subsection 7a71 the ,bureau of ,consumer ,financial ,protection shall take into consideration the following factors3 7#a7 ,criteria used by the ,director of the ,bureau of the ,census for classifying geographical areas as rural or urban4 7#b7 ,criteria used by the ,director of the ,office of ,management and ,budget to designate counties as metropolitan1 micropolitan1 or neither4 7#c7 ,criteria used by the ,secretary of ,agriculture to determine property eligibility for rural development programs4 7#d7 ,the ,department of ,agriculture rural-urban commuting area codes4 7#e7 ,a written opinion provided by the ,state bank supervisor 7as defined in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7#f7 ,population density4 7c7 ,rule of construction ,if1 at any time before the date on which an application is submitted under subsection 7a71 the area subject to review has been designated as nonrural by any ,federal agency described in subsection 7b7 using any of the criteria described in that subsection1 the ,bureau of ,consumer ,financial ,protection shall not be required to consider such designation in its evaluation4 7d7 ,public comment period 7#a7 ,in general ,not later than #fj days after the date on which an application submitted under subsection 7a7 is received1 the ,bureau of ,consumer ,financial ,protection shall-- 7,a7 publish the application on the website of the ,bureau of ,consumer ,financial ,protection2 and 7,b7 make the application available for public comment for not fewer than #ij days4 7#b7 ,limitation on additional applications ,nothing in this section shall be construed to require the ,bureau of ,consumer ,financial ,protection1 during the public comment period described in paragraph 7#a7 with respect to an application submitted under subsection 7a71 to accept an additional application with respect to the area that is the subject of the initial application4 7e7 ,decision on designation ,not later than #ij days after the end of the public comment period described in subsection 7d77#a71 the ,bureau of ,consumer ,financial ,protection shall-- 7#a7 grant or deny such application1 in whole or in part2 and 7#b7 publish such grant or denial in the ,federal ,register1 along with an explanation of the factors on which the ,bureau of ,consumer ,financial ,protection relied in making such decision4 7f7 ,subsequent applications ,a decision by the ,bureau under subsection 7e7 to deny an application for an area to be designated as a rural area shall not preclude the ,bureau of ,consumer ,financial ,protection from accepting a subsequent application submitted under subsection 7a7 for the area to be so designated if the subsequent application is submitted after the date on which the #ij-;day period beginning on the date on which the ,bureau of ,consumer ,financial ,protection denies the application under subsection 7e7 expires4 7g7 ,operations in rural areas ,the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afja et seq47 is amended-- 7#a7 in section #abi;,c7b77#b77;,e77iv77,i7 7#ae ,u4,s4,c4 #afci;c7b77#b77;,e77iv77,i771 by striking predominantly2 and 7#b7 in section #abi;,d7c77#a7 7#ae ,u4,s4,c4 #afci;d7c77#a771 by striking predominantly4 #ije4 ,independent ,examination ,review 7a7 ,in general ,the ,federal ,financial ,institutions ,examination ,council ,act of #aigh 7#ab ,u4,s4,c4 #ccja et seq47 is amended by adding at the end the following3 #ajab4 ,office of ,independent ,examination ,review 7a7 ,establishment ,there is established in the ,council an ,office of ,independent ,examination ,review4 7b7 ,head of office 7#a7 ,establishment ,there is established the position of the ,director as the head of the ,office of ,independent ,examination ,review1 who shall be appointed by the ,council for a term of #e years4 7#b7 ,removal 7,a7 ,in general ,the ,president may remove the ,director from office4 7,b7 ,congressional notification ,not later than #cj days after the date on which the ,director is removed from office under subparagraph 7,a71 the ,president shall submit to ,congress a written notification describing the reasons for the removal4 7c7 ,staffing ,the ,director may hire staff to support the activities of the ,office of ,independent ,examination ,review4 7d7 ,duties ,the ,director shall-- 7#a7 receive and1 at the discretion of the ,director1 investigate complaints from financial institutions1 representatives of financial institutions1 or any other entity acting on behalf of financial institutions1 concerning examinations1 examination practices1 or examination reports2 7#b7 hold meetings1 not less than once every #ij days and in locations designed to encourage participation from all regions of the ,united ,states1 with financial institutions1 representatives of financial institutions1 or any other entity acting on behalf of financial institutions1 to discuss examination procedures1 examination practices1 or examination policies2 7#c7 review examination procedures of the ,federal financial institutions regulatory agencies to ensure that the written examination policies of the agencies are being followed in practice and adhere to the standards for consistency established by the ,council2 7#d7 conduct a continuing and regular program of examination quality assurance for all types of examinations conducted by the ,federal financial institutions regulatory agencies2 and 7#e7 submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate1 the ,committee on ,financial ,services of the ,house of ,representatives1 and the ,council an annual report on the reviews carried out pursuant to paragraphs 7#c7 and 7#d71 including recommendations for improvements in examination procedures1 practices1 and policies4 7e7 ,confidentiality ,the ,director shall keep confidential-- 7#a7 all meetings1 discussions1 and information provided by financial institutions2 and 7#b7 any confidential or privileged information provided by a ,federal financial institutions regulatory agency4 7f7 ,funding2 budget 7#a7 ,in general ,one-fifth of the costs and expenses of the ,office of ,independent ,examination ,review1 including the salaries of its employees1 shall be paid by each of the ,federal financial institutions regulatory agencies1 which shall be based on the budget submitted under paragraph 7#b74 7#b7 ,budget ,not later than ,april #ae of each fiscal year1 the ,director shall submit to the ,council a projected budget for the ,office of ,independent ,examination ,review for the following fiscal year4 4 7b7 ,definitions ,section #ajjc of the ,federal ,financial ,institutions ,examination ,council ,act of #aigh 7#ab ,u4,s4,c4 #ccjb7 is amended-- 7#a7 by striking paragraph 7#a7 and inserting the following3 7#a7 the term ,federal financial institutions regulatory agencies means the ,office of the ,comptroller of the ,currency1 the ,board of ,governors of the ,federal ,reserve ,system1 the ,federal ,deposit ,insurance ,corporation1 the ,national ,credit ,union ,administration1 and the ,bureau of ,consumer ,financial ,protection2 2 7#b7 in paragraph 7#b71 by striking 2 and and inserting a semicolon2 7#c7 in paragraph 7#c71 by striking the semicolon and inserting 2 and2 and 7#d7 by adding at the end the following3 7#d7 the term ,director means the ,director established under section #ajab4 4 7c7 ,federal banking agency ombudsman 7#a7 ,in general ,section #cji of the ,riegle ,community ,development and ,regulatory ,improvement ,act of #aiid 7#ab ,u4,s4,c4 #dhjf7 is amended-- 7,a7 in the first sentence of subsection 7a71 by inserting 1 the ,bureau of ,consumer ,financial ,protection1 after ,federal banking agency2 7,b7 in subsection 7b7-- 7i7 by redesignating paragraphs 7#a7 and 7#b7 as subparagraphs 7,a7 and 7,b71 respectively1 and adjusting the margins accordingly2 7ii7 in the matter preceding subparagraph 7,a71 as so redesignated1 by striking ,in establishing and inserting the following3 7#a7 ,in general ,in establishing 2 7iii7 in paragraph 7#a77;,b71 as so redesignated1 by striking the appellant from retaliation by agency examiners and inserting the insured depository institution or insured credit union from retaliation by an agency referred to in subsection 7a72 and 7iv7 by adding at the end the following3 7#b7 ,retaliation ,for purposes of this subsection and subsection 7e71 retaliation includes delaying consideration of1 or withholding approval of1 any request1 notice1 or application that otherwise would have been approved1 but for the exercise of the rights of the insured depository institution or insured credit union under this section4 2 and 7,c7 in subsection 7e77#b7-- 7i7 in subparagraph 7,b71 by striking 2 and and inserting a semicolon2 7ii7 in subparagraph 7,c71 by striking the period at the end and inserting 2 and2 and 7iii7 by adding at the end the following3 7,d7 ensure that appropriate safeguards exist for protecting the insured depository institution or insured credit union from retaliation by any appropriate ,federal banking agency for exercising the rights of the insured depository institution or insured credit union under this subsection4 4 7#b7 ,effect ,nothing in this subsection shall be construed to affect the authority of an appropriate ,federal banking agency 7as defined in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac77 or the ,national ,credit ,union ,administration ,board to take enforcement or other supervisory action4 7d7 ,federal ,credit ,union ,act ,section #bje7;j7 of the ,federal ,credit ,union ,act 7#ab ,u4,s4,c4 #aghe7;j77 is amended by inserting the ,bureau of ,consumer ,financial ,protection1 before the ,administration each place that term appears4 7e7 ,federal ,financial ,institutions ,examination ,council ,act ,section #ajje of the ,federal ,financial ,institutions ,examination ,council ,act of #aigh 7#ab ,u4,s4,c4 #ccjd7 is amended by striking ,one-fifth and inserting ,one-fourth4 #ijf4 ,confidentiality of information shared between ,state and ,federal financial services regulators ,section #aeab7;a7 of the ,s4,a4,f4,e4 ,mortgage ,licensing ,act of #bjjh 7#ab ,u4,s4,c4 #eaaa7;a77 is amended by inserting or financial services before industry4 #ijg4 ,safe harbor for certain loans held in portfolio 7a7 ,in general ,section #abi;,c of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afci;c7 is amended by adding at the end the following3 7j7 ,safe harbor for certain loans held in portfolio 7#a7 ,definitions ,in this section-- 7,a7 the term appropriate ,federal banking agency has the meaning given that term in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac72 7,b7 the term depository institution has the meaning given that term in section #ai7;b77#a7 of the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #dfa7;b77#a772 and 7,c7 the term financial institution regulator means an appropriate ,federal banking agency1 the ,bureau1 and the ,national ,credit ,union ,administration4 7#b7 ,safe harbor for creditors 7,a7 ,in general ,a creditor shall not be subject to suit for failure to comply with subsection 7a71 7c77#a71 or 7f77#b7 of this section or section #abi;,h with respect to a residential mortgage loan1 and the financial institution regulators shall treat such loan as a qualified mortgage1 if-- 7i7 7,i7 the creditor has1 since the origination of the loan1 held the loan on the balance sheet of the creditor2 or 7,,ii7 any person acquiring the loan has continued to hold the loan on the balance sheet of the person2 7ii7 the loan has not been acquired through a securitization2 7iii7 all prepayment penalties with respect to the loan comply with the limitations described in subsection 7c77#c72 7iv7 the loan does not have-- 7,i7 negative amortization2 7,,ii7 interest-only features2 or 7,,iii7 a loan term of more than #cj years2 and 7v7 the creditor has documented the consumer's-- 7,i7 income2 7,,ii7 employment2 7,,iii7 assets2 and 7,,iv7 credit history4 7,b7 ,exception for certain transfers ,in the case of a depository institution that transfers a loan originated by that institution to another depository institution by reason of the bankruptcy or failure of the originating depository institution or the purchase of the originating depository institution1 the depository institution acquiring the loan shall be deemed to have complied with the requirement under subparagraph 7,a77i74 4 7b7 ,reviewing the portfolio of systemically important banks ,section #ah7o7 of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahbh7o77 is amended by adding at the end the following3 7#e7 ,systemically important bank review ,the appropriate ,federal banking agency shall periodically review the mortgage portfolio or targeted segments of the portfolios of a bank subject to a determination under section #aac;,a7a7 of the ,financial ,stability ,act of #bjaj if-- 7,a7 there is elevated risk2 7,b7 there is an increase in delinquency and loss rates2 7,c7 there are new lines of business2 7,d7 there are new acquisition channels2 7,e7 there is rapid growth2 or 7,f7 an internal audit is inadequate4 4 7c7 ,rule of construction ,nothing in the amendment made by subsection 7a7 shall be construed to prevent a balloon loan from qualifying for the safe harbor provided under section #abi;,c7j7 of the ,truth in ,lending ,act1 as added by subsection 7a71 if the balloon loan otherwise meets all of the requirements under subsection 7j7 of that section1 regardless of whether the balloon loan meets the requirements described under clauses 7i7 through 7iv7 of section #abi;,c7b77#b77;,e7 of that ,act 7#ab ,u4,s4,c4 #abi;,c7b77#b77;,e774 #ijh4 ,protecting consumer access to mortgage credit 7a7 ,definition of high-cost mortgage ,section #ajc of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afjb7 is amended-- 7#a7 by redesignating subsections 7aa7 and 7bb7 as subsections 7bb7 and 7aa71 respectively1 and moving subsection 7bb71 as so redesignated1 after subsection 7aa71 as so redesignated2 and 7#b7 in subsection 7aa77#d71 as so redesignated-- 7,a7 in the matter preceding subparagraph 7,a71 by striking paragraph 7#a77;,b7 and inserting paragraph 7#a77;,a7 and section #abi;,c2 7,b7 in subparagraph 7,c7-- 7i7 in the matter preceding clause 7i71 by inserting and insurance after taxes2 and 7ii7 in clause 7iii71 by striking 2 and and inserting a semicolon2 and 7,c7 in subparagraph 7,d7-- 7i7 by striking accident12 and 7ii7 by striking or any payments and inserting and any payments4 7b7 ,rulemaking ,not later than #ij days after the date of enactment of this title1 the ,bureau of ,consumer ,financial ,protection shall promulgate regulations to carry out the amendments made by subsection 7a77#b74 7c7 ,study and report on consumer access to mortgage credit 7#a7 ,study required ,the ,comptroller ,general of the ,united ,states shall conduct a study to determine the effects that the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #ecja et seq47 has had on the availability and affordability of credit for consumers1 small businesses1 first-time homebuyers1 and mortgage lending1 including the effects-- 7,a7 on the mortgage market for mortgages that are not qualified mortgages2 7,b7 on the ability of prospective homebuyers to obtain financing1 including first-time homebuyers2 7,c7 on the ability of homeowners facing resets or adjustments to refinance1 including whether homeowners have fewer refinancing options due to the unavailability of certain loan products that were available before the date of enactment of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #ecja et seq472 7,d7 on the ability of minorities to access affordable credit compared with other prospective borrowers2 7,e7 on home sales and construction2 7,f7 of extending any right of rescission on adjustable rate loans and the impact of the right of rescission on litigation2 7,g7 of any ,state foreclosure law and the ability of investors to transfer a property after foreclosure2 7,h7 of expanding the existing provisions of the ,home ,ownership and ,equity ,protection ,act of #aiid 7#ae ,u4,s4,c4 #afja note and #afjb note72 7,i7 of prohibiting prepayment penalties on high-cost mortgages2 7,j7 of establishing counseling services under the ,department of ,housing and ,urban ,development and offered through the ,office of ,housing ,counseling2 and 7,k7 on the differences in title insurance premiums and ancillary charges paid by low- and moderate-income consumers to affiliates of mortgage lenders to purchase title insurance versus title insurance premiums and ancillary charges paid by low- and moderate-income consumers to unaffiliated title agencies or attorneys to purchase title insurance in those markets in which both affiliated and unaffiliated mortgage lenders compete4 7#b7 ,report ,not later than #a year after the date of enactment of this title1 the ,comptroller ,general of the ,united ,states shall submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives a report that includes-- 7,a7 the findings and conclusions of the ,comptroller ,general with respect to the study conducted under paragraph 7#a72 and 7,b7 any recommendations for legislative or regulatory actions that-- 7i7 would enhance the access of a consumer to mortgage credit2 7ii7 is consistent with consumer protections and safe and sound banking operations2 and 7iii7 would address any negative effects on mortgage credit and mortgage availability identified in the study4 #iji4 ,protecting access to manufactured homes 7a7 ,mortgage originator definition ,section #ajc of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afjb7 is amended-- 7#a7 by redesignating the second subsection designated as subsection 7cc7 and subsection 7dd7 as subsections 7dd7 and 7ee71 respectively2 and 7#b7 in subsection 7dd77#b77;,c71 as so redesignated1 by striking an employee of a retailer of manufactured homes who is not described in clause 7i7 or 7iii7 of subparagraph 7,a7 and who does not advise a consumer on loan terms 7including rates1 fees1 and other costs7 and inserting a retailer of manufactured or modular homes or its employees1 unless such retailer or its employees receive compensation or gain for engaging in activities described in subparagraph 7,a7 that is in excess of any compensation or gain received in a comparable cash transaction4 7b7 ,high-,cost mortgage definition ,section #ajc7;aa77#a77;,a7 of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afjb7;aa77#a77;,a771 as redesignated by section #ijh7;a77#a7 of this title1 is amended-- 7#a7 in clause 7i77,i71 by striking 7#h4e percentage points1 if the dwelling is personal property and the transaction is for less than #ej1jjj7 and inserting 7#aj percentage points1 if the dwelling is personal property or is a transaction that does not include the purchase of real property on which a dwelling is to be placed1 and the transaction is for less than #ge1jjj 7as such amount is adjusted by the ,bureau to reflect the change in the ,consumer ,price ,index772 and 7#b7 in clause 7ii7-- 7,a7 in subclause 7,i71 by striking 2 or and inserting a semicolon2 and 7,b7 by adding at the end the following3 7,,iii7 in the case of a transaction for less than #ge1jjj 7as such amount is adjusted by the ,bureau to reflect the change in the ,consumer ,price ,index7 in which the dwelling is personal property 7or is a consumer credit transaction that does not include the purchase of real property on which a dwelling is to be placed71 the greater of #e percent of the total transaction amount or #c1jjj 7as such amount is adjusted by the ,bureau to reflect the change in the ,consumer ,price ,index72 or 4 #iaj4 ,streamlining bank exams ,section #aj7;d7 of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahbj7;d77 is amended-- 7#a7 in paragraph 7#d77;,a71 by striking #ejj1jjj1jjj and inserting #a1jjj1jjj1jjj2 and 7#b7 in paragraph 7#aj71 by striking #ejj1jjj1jjj and inserting #a1jjj1jjj1jjj4 #iaa4 ,adjustments for changes in gross domestic product 7a7 ,commodity ,exchange ,act ,section #b7;h77#g77;,c77ii7 of the ,commodity ,exchange ,act 7#g ,u4,s4,c4 #b7;h77#g77;,c77ii77 is amended by inserting 7as such amount is adjusted annually by the ,commission to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce7 after #aj1jjj1jjj1jjj each place that term appears4 7b7 ,consumer ,financial ,protection ,bureau examination and reporting threshold 7#a7 ,increase in the examination threshold ,section #ajbe7;a7 of the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #eeae7;a77 is amended by striking #aj1jjj1jjj1jjj each place that term appears and inserting #ej1jjj1jjj1jjj 7as such amount is adjusted annually by the ,commission to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce74 7#b7 ,increase in the reporting threshold ,section #ajbf7;a7 of the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #eeaf7;a77 is amended by striking #aj1jjj1jjj1jjj each place that term appears and inserting #ej1jjj1jjj1jjj 7as such amount is adjusted annually by the ,commission to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce74 7#c7 ,effective date ,this subsection and the amendments made by this subsection shall take effect on the date that is #de days after the date of enactment of this title4 7c7 ,securities ,exchange ,act of #aicd ,section #c;,c7g77#c77;,b7 of the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #gh;c-#c7;g77#c77;,b77 is amended by inserting 7as such amount is adjusted annually by the ,commission to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce7 after #aj1jjj1jjj1jjj each place that term appears4 7d7 ,electronic ,fund ,transfer ,act ,section #ibj7;a77#f77;,a7 of the ,electronic ,fund ,transfer ,act 7#ae ,u4,s4,c4 #afico-#b7;a77#f77;,a77 is amended by inserting 7as such amount is adjusted annually by the ,board to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce7 after #aj1jjj1jjj1jjj4 7e7 ,enhancing ,financial ,institution ,safety and ,soundness ,act of #bjaj ,section #ccd7;e7 of the ,enhancing ,financial ,institution ,safety and ,soundness ,act of #bjaj 7title ,,iii of ,public ,law #aaa-bjc2 #abd ,stat4 #aeci7 is amended by inserting 7as such amount is adjusted annually by the ,corporation to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce7 after #aj1jjj1jjj1jjj4 7f7 ,investor ,protection and ,securities ,reform ,act of #bjaj ,section #ief7;f7 of the ,investor ,protection and ,securities ,reform ,act of #bjaj 7#ae ,u4,s4,c4 #efda7;f77 is amended by inserting 7as such amount is adjusted annually by the appropriate ,federal regulator to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce7 after #a1jjj1jjj1jjj4 #iab4 ,study on the privacy risks of government publication of personal financial data ,section #cjd of the ,home ,mortgage ,disclosure ,act of #aige 7#ab ,u4,s4,c4 #bhjc7 is amended-- 7#a7 in subsection 7n71 by inserting ,such data shall not be publicly disclosed by the ,bureau or a depository institution before the date on which the report is submitted under subsection 7o77#b74 after the period at the end2 and 7#b7 by adding at the end the following3 7o7 ,study and report to ,congress 7#a7 ,study required ,the ,comptroller ,general of the ,united ,states shall conduct a study to determine whether the data published under this ,act1 in connection with other publicly available data sources1 could allow for or increase the probability of-- 7,a7 exposure of the identity of mortgage applicants or mortgagors through reverse engineering2 7,b7 exposure of mortgage applicants or mortgagors to identity theft or the loss of sensitive personal financial information2 7,c7 the marketing or sale of unfair1 deceptive1 or abusive financial products to mortgage applicants or mortgagors based on the data published under this ,act2 7,d7 personal financial loss or emotional distress resulting from the exposure of mortgage applicants or mortgagors to identify theft or the loss of sensitive personal financial information2 and 7,e7 the potential legal liability facing the ,bureau and market participants in the event the published data leads or contributes to identity theft or the capture of sensitive personal financial information4 7#b7 ,report ,not later than #a year after the date of enactment of this subsection1 the ,comptroller ,general of the ,united ,states shall submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives a report that includes-- 7,a7 the findings and conclusions of the ,comptroller ,general with respect to the study conducted under paragraph 7#a72 and 7,b7 any recommendations for legislative or regulatory actions that-- 7i7 would enhance the privacy of a consumer when accessing mortgage credit2 and 7ii7 are consistent with consumer protections and safe and sound banking operations4 4 #iac4 ,ensuring the reporting of appraisal misconduct ,section #abi;,e of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afci;e7 is amended-- 7#a7 in subsection 7e7-- 7,a7 by striking ,any mortgage lender and inserting the following3 7#a7 ,in general ,any mortgage lender 2 and 7,b7 by adding at the end the following3 7#b7 ,limitation on civil liability ,no person may be held civilly liable under any provision of ,federal1 ,state1 or other law for a disclosure made in good faith pursuant to this section4 2 and 7#b7 in subsection 7k71 by adding at the end the following3 7#d7 ,applicability ,this subsection shall not apply to subsection 7e74 4 #iad4 ,mutual holding company dividend waivers ,notwithstanding the rule of the ,board of ,governors of the ,federal ,reserve ,system regarding ,mutual ,holding ,company ,dividend ,waivers in section #bci4fc of title #ab1 ,code of ,federal ,regulations 7or any successor thereto71 grandfathered mutual holding companies and all other mutual holding companies shall be permitted to waive the receipt of dividends declared on the common stock of their bank or mid-size holding companies4 #iae4 ,safeguarding access to habitat for humanity homes ,section #abi;,e7i77#b7 of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afci;e7i77#b77 is amended-- 7#a7 by redesignating subparagraphs 7,a7 and 7,b7 as clauses 7i7 and 7ii71 respectively1 and adjusting the margins accordingly2 7#b7 in the matter preceding clause 7i71 as so redesignated1 by striking ,for purposes of and inserting the following3 7,a7 ,in general ,for purposes of 2 and 7#c7 by adding at the end the following3 7,b7 ,rule of construction related to appraisal donations ,in the case of an appraisal for which the appraiser voluntarily does not receive a fee1 the appraiser is not1 and shall not be construed to be1 with respect to the donated appraisal1 a fee appraiser for purposes of this section4 4 #iaf4 ,clarifying the applicability of section #ac7;h77#a7 of the ,bank ,holding ,company ,act of #aief 7a7 ,in general ,section #ac7;h77#a7 of the ,bank ,holding ,company ,act of #aief 7#ab ,u4,s4,c4 #ahea7;h77#a77 is amended-- 7#a7 in subparagraph 7,d71 by redesignating clauses 7i7 and 7ii7 as subclauses 7,i7 and 7,,ii71 respectively1 and adjusting the margins accordingly2 7#b7 by redesignating subparagraphs 7,a71 7,b71 7,c71 and 7,d7 as clauses 7i71 7ii71 7iii71 and 7iv71 respectively1 and adjusting the margins accordingly2 7#c7 by striking institution that functions solely in a trust or fiduciary capacity1 if--and inserting the following3 8institution-- 7,a7 that functions solely in a trust or fiduciary capacity1 if-- 2 and 7#d7 by striking the period at the end and inserting the following3 82 or 7,b7 with total consolidated assets of #aj1jjj1jjj1jjj or less if such institution is not controlled by a company with total consolidated assets of more than #aj1jjj1jjj1jjj 7as such amounts are adjusted annually by the ,board to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce74 4 7b7 ,reservation of authority ,section #ac of the ,bank ,holding ,company ,act of #aief 7#ab ,u4,s4,c4 #ahea7 is amended by adding at the end the following3 7i7 ,reservation of authority for certain insured depository institutions 7#a7 ,in general ,notwithstanding subsection 7h77#a77;,b71 the appropriate ,federal banking agency for an insured depository institution with total consolidated assets of #aj1jjj1jjj1jjj or less may apply the prohibitions and restrictions of this section to the activities of the insured depository institution that1 but for subsection 7h77#a77;,b71 would be subject to the prohibitions and restrictions of this section if the appropriate ,federal banking agency determines that those activities-- 7,a7 are inconsistent with traditional banking activities2 or 7,b7 due to their nature or volume1 pose a risk to the safety and soundness of the insured depository institution4 7#b7 ,notice and response ,each of the appropriate ,federal banking agencies shall establish a procedure for providing notice to an insured depository institution of a determination under paragraph 7#a7 and an opportunity for response4 4 #iag4 ,study of mortgage servicing assets 7a7 ,definitions ,in this section3 7#a7 ,banking institution ,the term banking institution means an insured depository institution1 ,federal credit union1 ,state credit union1 bank holding company1 or savings and loan holding company4 7#b7 ,basel ,,iii capital requirements ,the term ,basel ,,iii capital requirements means the ,global ,regulatory ,framework for ,more ,resilient ,banks and ,banking ,systems issued by the ,basel ,committee on ,banking ,supervision on ,december #af1 #bjaj1 as revised on ,june #a1 #bjaa4 7#c7 ,federal banking agencies ,the term ,federal banking agencies means the ,board of ,governors of the ,federal ,reserve ,system1 the ,office of the ,comptroller of the ,currency1 the ,federal ,deposit ,insurance ,corporation1 and the ,national ,credit ,union ,administration4 7#d7 ,mortgage servicing assets ,the term mortgage servicing assets means those assets that result from contracts to service loans secured by real estate1 where such loans are owned by third parties4 7#e7 ,,ncua capital requirements ,the term ,,ncua capital requirements means the proposed rule of the ,national ,credit ,union ,administration entitled ,risk-,based ,capital 7#hj ,fed4 ,reg4 #dcdj 7,january #bg1 #bjae774 7#f7 ,other definitions 7,a7 ,banking definitions ,the terms bank holding company1 insured depository institution1 and savings and loan holding company have the meanings given those terms in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7,b7 ,credit union definitions ,the terms ,federal credit union and ,state credit union have the meanings given those terms in section #aja of the ,federal ,credit ,union ,act 7#ab ,u4,s4,c4 #ageb74 7b7 ,study of the appropriate capital for mortgage servicing assets 7#a7 ,in general ,the ,federal banking agencies shall jointly conduct a study of the appropriate capital requirements for mortgage servicing assets for banking institutions4 7#b7 ,issues to be studied ,the study required under paragraph 7#a7 shall include1 with a specific focus on banking institutions-- 7,a7 the risk to banking institutions of holding mortgage servicing assets2 7,b7 the history of the market for mortgage servicing assets1 including in particular the market for those assets in the period of the financial crisis2 7,c7 the ability of banking institutions to establish a value for mortgage servicing assets of the institution through periodic sales or other means2 7,d7 regulatory approaches to mortgage servicing assets and capital requirements that may be used to address concerns about the value of and ability to sell mortgage servicing assets2 7,e7 the impact of imposing the ,basel ,,iii capital requirements and the ,,ncua capital requirements on banking institutions on the ability of those institutions-- 7i7 to compete in the mortgage servicing business1 including the need for economies of scale to compete in that business2 and 7ii7 to provide service to consumers to whom the institutions have made mortgage loans2 7,f7 an analysis of what the mortgage servicing marketplace would look like if the ,basel ,,iii capital requirements and the ,,ncua capital requirements on mortgage servicing assets-- 7i7 were fully implemented2 and 7ii7 applied to both banking institutions and nondepository residential mortgage loan servicers2 7,g7 the significance of problems with mortgage servicing assets1 if any1 in banking institution failures and problem banking institutions1 including specifically identifying failed banking institutions where mortgage servicing assets contributed to the failure2 and 7,h7 an analysis of the relevance of the ,basel ,,iii capital requirements and the ,,ncua capital requirements on mortgage servicing assets to the banking systems of other significantly developed countries4 7#c7 ,report to congress ,not later than #ahj days after the date of enactment of this title1 the ,federal banking agencies shall submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives a report containing-- 7,a7 the results of the study required under paragraph 7#a72 7,b7 any analysis on the specific issue of mortgage servicing assets undertaken by the ,federal banking agencies before finalizing regulations implementing the ,basel ,,iii capital requirements and the ,,ncua capital requirements2 and 7,c7 any recommendations for legislative or regulatory actions that would address concerns about the value of and ability to sell and the ability of banking institutions to hold mortgage servicing assets4 #iah4 ,no wait for lower mortgage rates 7a7 ,in general ,section #abi7;b7 of the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afci7;b77 is amended-- 7#a7 by redesignating paragraph 7#c7 as paragraph 7#d72 and 7#b7 by inserting after paragraph 7#b7 the following3 7#c7 ,no wait for lower rate ,if a creditor extends to a consumer a second offer of credit with a lower annual percentage rate1 the transaction may be consummated without regard to the period specified in paragraph 7#a74 4 7b7 ,safe harbor for good faith compliance with ,,tila-,,respa integrated disclosure rule ,section #ajcb7;f7 of the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #eecb7;f77 is amended-- 7#a7 by striking ,not later than and inserting the following3 7#a7 ,in general ,not later than 2 and 7#b7 by adding at the end the following3 7#b7 ,safe harbor for good faith compliance 7,a7 ,safe harbor ,notwithstanding any other provision of law1 during the period described in subparagraph 7,b71 an entity that provides the disclosures required under the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afja et seq47 and sections #d and #e of the ,real ,estate ,settlement ,procedures ,act of #aigd 7#ab ,u4,s4,c4 #bfjc and #bfjd71 as in effect on ,july #ca1 #bjae1 shall not be subject to any civil1 criminal1 or administrative action or penalty for failure to fully comply with any requirement under this subsection4 7,b7 ,applicable period ,subparagraph 7,a7 shall apply to an entity during the period beginning on the date of enactment of this paragraph and ending on the date that is #cj days after the date on which a certification by the ,director that the model disclosures required under paragraph 7#a7 are accurate and in compliance with all ,state laws is published in the ,federal ,register4 4 #iai4 ,eliminating barriers to jobs for loan originators 7a7 ,in general ,the ,s4,a4,f4,e4 ,mortgage ,licensing ,act of #bjjh 7#ab ,u4,s4,c4 #eaja et seq47 is amended by adding at the end the following3 #aeah4 ,employment transition 7a7 ,temporary license for persons moving from a financial institution to a non-bank originator ,a registered loan originator shall be deemed to be a ,state-licensed loan originator for the #abj-;day period beginning on the date on which a ,state-licensed mortgage lender1 mortgage banker1 or mortgage servicer that is not a depository institution registers with the ,nationwide ,mortgage ,licensing ,system and ,registry that the registered loan originator is employed by the ,state-licensed mortgage lender1 mortgage banker1 or mortgage servicer1 as applicable4 7b7 ,temporary license for persons moving interstate ,a registered loan originator or ,state-licensed loan originator in #a ,state shall be deemed to be a ,state-licensed loan originator in another ,state for the #abj-;day period beginning on the date on which a ,state-licensed mortgage lender1 mortgage banker1 or mortgage servicer in that ,state registers with the ,nationwide ,mortgage ,licensing ,system and ,registry that the registered loan originator or ,state-licensed loan originator is employed by the ,state-licensed mortgage lender1 mortgage banker1 or mortgage servicer1 as applicable4 7c7 ,federal and ,state recognition ,the registration provided under subsections 7a7 and 7b7 shall fulfill any licensing or registration requirement for a loan originator under section #aejd and any ,state law or regulation4 4 7b7 ,technical and conforming amendment ,the table of contents for the ,housing and ,economic ,recovery ,act of #bjjh 7,public ,law #aaj-bhi2 #abb ,stat4 #bfed7 is amended by inserting after the item relating to section #aeag the following3 ,sec4 #aeah4 ,employment transition4 4 #ibj4 ,short form call reports ,section #g7;a7 of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahag7;a77 is amended by adding at the end the following3 7#ab7 ,short form reporting 7,a7 ,review of reports of condition ,the appropriate ,federal banking agencies shall jointly review the information and schedules that are required to be filed by an insured depository institution in a report of condition required under paragraph 7#c74 ,as part of this review1 the appropriate ,federal banking agencies shall jointly-- 7i7 establish guiding principles for determining the appropriateness of information and schedules collected in a report of condition2 and 7ii7 consistent with the principles established under clause 7i71 consider and document the need for each data item collected1 the frequency with which each data item will be collected1 and the population of insured depository institutions from which each data item is required4 7,b7 ,development of short form reports of condition ,after completing the review required under subparagraph 7,a71 the appropriate ,federal banking agencies shall jointly develop1 to the extent appropriate1 #a or more report of condition forms that reduce or eliminate information or schedules required to be filed by an insured depository institution in a report of condition required under paragraph 7#c74 ,such form or forms shall1 as determined by the appropriate ,federal banking agencies1 be appropriate for the size and complexity of the insured depository institution4 7,c7 ,reports to ,congress ,not later than #ahj days after the date of enactment of this paragraph1 and every #ahj days thereafter until the appropriate ,federal banking agencies have jointly completed the requirements under subparagraphs 7,a7 and 7,b71 the appropriate ,federal banking agencies shall submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives a report describing the progress made concerning the completion of such responsibilities4 4 #iba4 ,application of the ,expedited ,funds ,availability ,act 7a7 ,in general ,the ,expedited ,funds ,availability ,act 7#ab ,u4,s4,c4 #djja et seq47 is amended-- 7#a7 in section #fjb 7#ab ,u4,s4,c4 #djja7-- 7,a7 in paragraph 7#bj71 by inserting 1 located in the ,united ,states1 after ,,atm2 7,b7 in paragraph 7#ba71 by inserting ,american ,samoa1 the ,commonwealth of the ,northern ,mariana ,islands1 after ,puerto ,rico12 and 7,c7 in paragraph 7#bc71 by inserting ,american ,samoa1 the ,commonwealth of the ,northern ,mariana ,islands1 after ,puerto ,rico12 and 7#b7 in section #fjc7;d77#b77;,a7 7#ab ,u4,s4,c4 #djjb7;d77#b77;,a771 by inserting ,american ,samoa1 the ,commonwealth of the ,northern ,mariana ,islands1 after ,puerto ,rico14 7b7 ,effective date ,the amendments made by subsection 7a7 shall take effect on ,january #a1 #bjaf4 #ibb4 ,application of the ,federal ,advisory ,committee ,act ,section #ajac of the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #edic7 is amended by adding at the end the following3 7h7 ,application of ,,faca ,notwithstanding any provision of the ,federal ,advisory ,committee ,act 7#e ,u4,s4,c4 ,app471 such ,act shall apply to each advisory committee of the ,bureau and each subcommittee of such an advisory committee4 4 #ibc4 ,budget transparency for the ,,ncua ,section #bji7;b7 of the ,federal ,credit ,union ,act 7#ab ,u4,s4,c4 #aghi7 is amended-- 7#a7 by redesignating paragraphs 7#a7 and 7#b7 as paragraphs 7#b7 and 7#c71 respectively2 7#b7 by inserting before paragraph 7#b71 as so redesignated1 the following3 7#a7 on an annual basis and prior to the submission of the detailed business-type budget required under paragraph 7#b7-- 7,a7 make publicly available and cause to be printed in the ,federal ,register a draft of the detailed business-type budget2 and 7,b7 hold a public hearing1 with public notice provided of the hearing1 wherein the public may submit comments on the draft of the detailed business-type budget2 2 and 7#c7 in paragraph 7#b71 as so redesignated-- 7,a7 by inserting detailed after submit a2 and 7,b7 by inserting 1 which shall address any comment submitted by the public under paragraph 7#a77;,b7 after ,control ,act4 #ibd4 ,date for determining consolidated assets ,section #aga7;b77#d77;,c7 of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecga7;b77#d77;,c77 is amended by inserting or ,march #ca1 #bjaj1 after ,december #ca1 #bjji14 #ibe4 ,,fhlb membership 7a7 ,,fhlb membership proposed rule 7#a7 ,definitions ,in this subsection3 7,a7 ,community development financial institution ,the term community development financial institution has the meaning given that term in section #ajc of the ,community ,development ,banking and ,financial ,institutions ,act of #aiid 7#ab ,u4,s4,c4 #dgjb74 7,b7 ,covered proposed rule ,the term covered proposed rule means the proposed rule of the ,federal ,housing ,finance ,agency entitled ,members of ,federal ,home ,loan ,banks 7#gi ,fed4 ,reg4 #edhdh 7,september #ab1 #bjad774 7,c7 ,other terms from the ,federal ,home ,loan ,bank ,act ,the terms community financial institution1 ,federal ,home ,loan ,bank1 and ,federal ,home ,loan ,bank ,system have the meanings given those terms in section #b of the ,federal ,home ,loan ,bank ,act 7#ab ,u4,s4,c4 #adbb74 7#b7 ,withdrawal of proposed rule ,not later than #cj days after the date of enactment of this title1 the ,federal ,housing ,finance ,agency shall withdraw the covered proposed rule4 7#c7 ,,gao study and report on proposed rule 7,a7 ,study 7i7 ,in general ,the ,comptroller ,general of the ,united ,states shall conduct a study on the impact that the covered proposed rule would have1 if adopted as proposed1 on-- 7,i7 the ability of the ,federal ,home ,loan ,banks to fulfill the mandate to provide liquidity to support housing finance and economic and community development2 7,,ii7 the safety and soundness of the ,federal ,home ,loan ,bank ,system2 7,,iii7 the liquidity needs of financial intermediaries2 7,,iv7 the stability of the ,federal ,home ,loan ,bank ,system2 7,v7 the benefits of a diverse membership base for ,federal ,home ,loan ,banks2 and 7,,vi7 the ability of member institutions to rely on access to ,federal ,home ,loan ,bank advances4 7ii7 ,considerations ,in conducting the study under clause 7i71 the ,comptroller ,general of the ,united ,states shall consider-- 7,i7 the comment letters submitted in response to the notice of proposed rulemaking for the covered proposed rule2 7,,ii7 the legislative and administrative history of the ,federal ,home ,loan ,bank membership rules2 7,,iii7 the burden placed on community financial institutions and community development financial institutions2 and 7,,iv7 the legal authority of the ,federal ,housing ,finance ,agency to exclude from membership any class or category of insurance companies4 7,b7 ,report ,not later than #a year after the date of enactment of this title1 the ,comptroller ,general of the ,united ,states shall submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives a report on the findings of the study conducted under subparagraph 7,a77i74 7b7 ,credit union parity for ,,fhlb membership eligibility ,section #b7aj77;,a77i7 of the ,federal ,home ,loan ,bank ,act 7#ab ,u4,s4,c4 #adbb7aj77;,a77i77 is amended to read as follows3 7i7 the deposits of which-- 7,i7 are insured under the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahaa et seq472 or 7,,ii7 are insured under or eligible to be insured under the ,federal ,credit ,union ,act 7#ab ,u4,s4,c4 #agea et seq472 and 4 #ibf4 ,ensuring a comprehensive regulatory review ,section #bbbb of the ,economic ,growth and ,regulatory ,paperwork ,reduction ,act of #aiif 7#ab ,u4,s4,c4 #ccaa7 is amended-- 7#a7 in subsection 7a7-- 7,a7 by striking each appropriate ,federal banking agency represented on the ,council and inserting each of the ,office of the ,comptroller of the ,currency1 the ,federal ,deposit ,insurance ,corporation1 the ,board of ,governors of the ,federal ,reserve ,system1 the ,bureau of ,consumer ,financial ,protection1 and the ,national ,credit ,union ,administration ,board as the ,federal agency representatives on the ,council2 7,b7 by inserting 1 joint or otherwise1 and including all regulations issued pursuant to any authority provided under the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7,public ,law #aaa-bjc2 #abd ,stat4 #acgf71 after prescribed by the ,council2 7,c7 by striking any such appropriate ,federal banking agency and inserting any such ,federal agency2 and 7,d7 by striking insured depository institutions and inserting financial institutions2 7#b7 in subsections 7b71 7c71 and 7d71 by striking the appropriate ,federal banking agency each place that term appears and inserting the appropriate ,federal agency2 and 7#c7 in subsection 7e7-- 7,a7 in paragraph 7#a71 by striking the appropriate ,federal banking agencies and inserting the appropriate ,federal agencies2 and 7,b7 in paragraph 7#b71 by striking the appropriate ,federal banking agency and inserting the appropriate ,federal agency4 #ibg4 ,prohibition on implementation or participation in ,operation ,choke ,point ,the ,federal ,deposit ,insurance ,corporation1 the ,office of the ,comptroller of the ,currency1 the ,board of ,governors of the ,federal ,reserve ,system1 the ,bureau of ,consumer ,financial ,protection1 or the ,national ,credit ,union ,administration may not implement or participate in the ,operation ,choke ,point initiative of the ,department of ,justice4 #ibh4 ,exemptive authority 7a7 ,exemptive authority for the ,federal ,deposit ,insurance ,corporation ,section #aj of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahbj7 is amended by adding at the end the following3 7l7 ,exemptive authority 7#a7 ,in general ,notwithstanding any other provision of law1 the ,corporation1 after considering the factors in paragraph 7#c71 may exempt by rule any depository institution having less than #aj1jjj1jjj1jjj in total assets from-- 7,a7 any provision of this ,act2 7,b7 any rule promulgated under this ,act2 or 7,c7 any rule promulgated under any other ,act conferring authority to the ,corporation4 7#b7 ,conditions ,the ,corporation may impose conditions on an exemption granted under paragraph 7#a74 7#c7 ,factors to consider ,in issuing an exemption under paragraph 7#a71 the ,corporation shall consider1 as appropriate1 the extent to which-- 7,a7 the provision or rule would impose an unnecessary or undue burden or cost on the depository institution2 7,b7 the provision or rule is unnecessary or unwarranted in order to promote the safety and soundness of the depository institution2 and 7,c7 the exemption is necessary1 appropriate1 or consistent with the public interest4 7#d7 ,adjustment for changes in gross domestic product ,the asset threshold identified in paragraph 7#a7 shall be adjusted annually by the ,corporation to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce4 4 7b7 ,exemptive authority for the ,office of the ,comptroller of the ,currency 7#a7 ,exemptive authority for national banks ,section #ebci;,a of the ,revised ,statutes is amended-- 7,a7 by striking ,except and inserting the following3 7a7 ,in general ,except 42 and 7,b7 by adding at the end the following3 7b7 ,exemptive authority 7#a7 ,definition ,in this subsection1 the term insured depository institution has the meaning given the term in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7#b7 ,exemption ,notwithstanding any other provision of law1 the ,comptroller of the ,currency1 after considering the factors in paragraph 7#d71 may exempt by rule any national bank having less than #aj1jjj1jjj1jjj in total assets from-- 7,a7 any provision of this title2 7,b7 any rule promulgated under this title2 or 7,c7 any rule promulgated under any other title or ,act that confers authority to the ,comptroller4 7#c7 ,conditions ,the ,comptroller may impose conditions on an exemption granted under paragraph 7#b74 7#d7 ,factors to consider ,in issuing an exemption under paragraph 7#b71 the ,comptroller shall consider1 as appropriate1 the extent to which-- 7,a7 the provision or rule would impose an unnecessary or undue burden or cost on the national bank2 7,b7 the provision or rule is unnecessary or unwarranted to promote the safety and soundness of the national bank2 and 7,c7 the exemption is necessary1 appropriate1 or consistent with the public interest4 7#e7 ,adjustment for changes in gross domestic product ,the asset threshold identified in paragraph 7#b7 shall be adjusted annually by the ,comptroller to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce4 4 7#b7 ,exemptive authority for savings associations ,section #d7;a7 of the ,home ,owners' ,loan ,act 7#ab ,u4,s4,c4 #adfc7 is amended by adding at the end the following3 7#d7 ,exemptive ,authority 7,a7 ,definition ,in this paragraph1 the term insured depository institution has the meaning given the term in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7,b7 ,exemption ,notwithstanding any other provision of law1 the ,comptroller of the ,currency1 after considering the factors in subparagraph 7,d71 may exempt by rule any savings association having less than #aj1jjj1jjj1jjj in total assets from-- 7i7 any provision of this title2 7ii7 any rule promulgated under this title2 or 7iii7 any rule promulgated under any other title or act conferring authority on the ,comptroller4 7,c7 ,conditions ,the ,comptroller may impose conditions on an exemption granted under subparagraph 7,b74 7,d7 ,factors to consider ,in issuing an exemption under subparagraph 7,b71 the ,comptroller shall consider1 as appropriate1 the extent to which-- 7i7 the provision or rule would impose an unnecessary or undue burden or cost on the savings association2 7ii7 the provision or rule is unnecessary or unwarranted to promote the safety and soundness of the savings association2 and 7iii7 the exemption is necessary1 appropriate1 or consistent with the public interest4 7,e7 ,adjustment for changes in gross domestic product ,the asset threshold identified in subparagraph 7,b7 shall be adjusted annually by the ,comptroller to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce4 4 7c7 ,exemptive authority for the ,board of ,governors of the ,federal ,reserve ,system 7#a7 ,exemptive authority for state member banks ,section #aa of the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #bdh7 is amended by adding at the end the following3 7t7 ,exemptive authority 7#a7 ,definition ,in this section1 the term insured depository institution has the meaning given the term in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7#b7 ,exemption ,notwithstanding any other provision of law1 the ,board1 after considering the factors in paragraph 7#d71 may exempt by rule any state member bank having less than #aj1jjj1jjj1jjj in total assets from-- 7,a7 any provision of this ,act2 7,b7 any rule promulgated under this ,act2 or 7,c7 any rule promulgated under any other act conferring authority on the ,board4 7#c7 ,conditions ,the ,board may impose conditions on an exemption granted under paragraph 7#b74 7#d7 ,factors to consider ,in issuing an exemption under paragraph 7#b71 the ,board shall consider1 as appropriate1 the extent to which-- 7,a7 the provision or rule would impose an unnecessary or undue burden or cost on the state member bank2 7,b7 the provision or rule is unnecessary or unwarranted to promote the safety and soundness of the state member bank2 and 7,c7 the exemption is necessary1 appropriate1 or consistent with the public interest4 7#e7 ,adjustment for changes in gross domestic product ,the asset threshold identified in paragraph 7#b7 shall be adjusted annually by the ,board to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce4 4 7#b7 ,exemptive authority for bank holding companies ,the ,bank ,holding ,company ,act of #aief 7#ab ,u4,s4,c4 #ahda et seq47 is amended by adding at the end the following3 #ae4 ,exemptive ,authority 7a7 ,definition ,in this section1 the term insured depository institution has the meaning given the term in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7b7 ,exemption ,notwithstanding any other provision of law1 the ,board1 after considering the factors in subsection 7d71 may exempt by rule any bank holding company having less than #aj1jjj1jjj1jjj in total assets from-- 7#a7 any provision of this ,act2 7#b7 any rule promulgated under this ,act2 or 7#c7 any rule promulgated under any other act conferring authority on the ,board4 7c7 ,conditions ,the ,board may impose conditions on an exemption granted under subsection 7b74 7d7 ,factors to consider ,in issuing an exemption under subsection 7b71 the ,board shall consider1 as appropriate1 the extent to which-- 7#a7 the provision or rule would impose an unnecessary or undue burden or cost on the bank holding company2 7#b7 the provision or rule is unnecessary or unwarranted to promote the safety and soundness of the bank holding company2 and 7#c7 the exemption is necessary1 appropriate1 or consistent with the public interest4 7e7 ,adjustment for changes in gross domestic product ,the asset threshold identified in subsection 7b7 shall be adjusted annually by the ,board to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce4 4 7#c7 ,exemptive authority for savings and loan holding companies and mutual holding companies ,section #aj of the ,home ,owners' ,loan ,act 7#ab ,u4,s4,c4 #adfg;a7 is amended by adding at the end the following3 7u7 ,exemptive authority 7#a7 ,definitions ,in this subsection-- 7,a7 the term insured depository institution has the meaning given the term in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac72 and 7,b7 the term mutual holding company has the meaning given the term in subsection 7o77#aj77;,a74 7#b7 ,exemption ,notwithstanding any other provision of law1 the ,board1 after considering the factors in paragraph 7#d71 may exempt by rule any savings and loan holding company or any mutual holding company having less than #aj1jjj1jjj1jjj in total assets from-- 7,a7 any provision of this ,act2 7,b7 any rule promulgated under this ,act2 or 7,c7 any rule promulgated under any other ,act conferring authority on the ,board4 7#c7 ,conditions ,the ,board may impose conditions on an exemption granted under paragraph 7#b74 7#d7 ,factors to consider ,in issuing an exemption under paragraph 7#b71 the ,board shall consider the extent to which-- 7,a7 the provision or rule would impose an unnecessary or undue burden or cost on the savings and loan holding company or the mutual holding company2 7,b7 the provision or rule is unnecessary or unwarranted to promote the safety and soundness of the savings and loan holding company or the mutual holding company2 and 7,c7 the exemption is necessary1 appropriate1 or consistent with the public interest4 7#e7 ,limitation ,the authority granted under paragraph 7#b7 shall not apply with respect to a savings and loan holding company described in subsection 7c77#i77;,c74 7#f7 ,adjustment for changes in gross domestic product ,the asset threshold identified in paragraph 7#b7 shall be adjusted annually by the ,board to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce4 4 ,b ,systemically important bank holding companies #ica4 ,revisions to ,council authority 7a7 ,purposes and duties ,section #aab7;a77#b77;,i7 of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecbb7;a77#b77;,i77 is amended-- 7#a7 by striking and large1 interconnected bank holding companies2 and 7#b7 by inserting and bank holding companies subject to a determination under section #aac;,a7a7 before the semicolon at the end4 7b7 ,authority to require supervision and regulation of certain bank holding companies ,the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecaa et seq47 is amended by adding after section #aac 7#ab ,u4,s4,c4 #ecbc7 the following3 #aac;,a4 ,authority to require supervision and regulation of systemically important bank holding companies 7a7 ,in general ,the ,council may1 in accordance with the procedures described in subsections 7c7 and 7d71 determine that a bank holding company shall be deemed systemically important4 7b7 ,considerations 7#a7 ,the ,council shall1 not later than #ij days after the date of enactment of this section1 issue regulations describing with specificity the factors that the ,council will use to make a determination under subsection 7a74 ,such factors shall initially include the following3 7,a7 ,the size of the bank holding company4 7,b7 ,the interconnectedness of the bank holding company4 7,c7 ,the extent of readily available substitutes or financial institution infrastructure for the services provided by the bank holding company4 7,d7 ,the global cross-jurisdictional activity of the bank holding company4 7,e7 ,the complexity of the bank holding company4 7#b7 ,the ,council may1 by regulation1 add to1 subtract1 or modify the factors used by the ,council pursuant to paragraph 7#a7 if the ,council-- 7,a7 provides notice to the public and opportunity for comment on any proposed changes2 7,b7 explains1 as part of the notice required in subparagraph 7,a71 with specificity how any proposed changes would result in factors that more accurately measure the threat that the material financial distress of a bank holding company could pose to the financial stability of the ,united ,states1 in comparison with the existing factors2 and 7,c7 finds1 on a nondelegable basis and by a vote of not fewer than #b_/c of the voting members then serving1 including an affirmative vote by the ,chairperson1 that such a change would result in factors that more accurately measure the threat that the material financial distress of a bank holding company could pose to the financial stability of the ,united ,states1 in comparison with the existing factors4 7c7 ,bank holding companies deemed systemically important 7#a7 ,in general ,with respect to a bank holding company with total consolidated assets of not less than #ej1jjj1jjj1jjj and not more than #ejj1jjj1jjj1jjj 7as such amounts are adjusted annually by the ,council to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce71 the ,council may1 on a nondelegable basis and by a vote of not fewer than #b_/c of the voting members then serving1 including an affirmative vote by the ,chairperson1 make a determination under subsection 7a7 if the ,council determines1 based on the factors considered pursuant to subsection 7b71 that the material financial distress of a bank holding company could pose a threat to the financial stability of the ,united ,states4 7#b7 ,requirements for proposed determination1 notice and opportunity for hearing1 and final determination 7,a7 ,initial evaluation by the ,board of ,governors ,the ,board of ,governors may identify a bank holding company for an evaluation of whether1 based on the factors considered pursuant to subsection 7b71 the material financial distress of the bank holding company could pose a threat to the financial stability of the ,united ,states4 ,upon identifying such bank holding company1 the ,board of ,governors-- 7i7 shall provide the bank holding company with-- 7,i7 a written notice that shall include any quantitative analysis used in identifying the bank holding company and shall explain with specificity the basis for identifying the bank holding company2 7,,ii7 an opportunity to submit written materials for consideration by the ,board of ,governors as part of an evaluation by the ,board of ,governors under clause 7ii72 and 7,,iii7 an opportunity to meet with representatives of the ,board of ,governors to discuss the analysis conducted by the ,board of ,governors to identify the bank holding company2 7ii7 may1 after fulfilling the requirements of clause 7i71 evaluate whether1 based on the factors considered pursuant to subsection 7b71 the material financial distress of the bank holding company could pose a threat to the financial stability of the ,united ,states2 7iii7 may1 at the conclusion of an evaluation under clause 7ii71 make a recommendation to the ,council that the ,council perform an evaluation under subparagraph 7,b77ii77,i72 and 7iv7 shall1 if a recommendation is made under clause 7iii71 provide written notice to the bank holding company that a recommendation was made1 which notice shall include a detailed explanation of the basis for the recommendation1 including how each factor considered pursuant to subsection 7b7 relates to the potential threat posed by the bank holding company to the financial stability of the ,united ,states4 7,b7 ,evaluation by the ,council 7i7 ,in general ,the ,council may only make a proposed determination with respect to a bank holding company under subparagraph 7,c77i7 if the ,council-- 7,i7 has received a recommendation under subparagraph 7,a77iii7 with respect to the bank holding company2 or 7,,ii7 not earlier than the effective date of this section1 and after consultation and coordination with the ,board of ,governors1 on a nondelegable basis and by a vote of not fewer than #b_/c of the voting members then serving1 including an affirmative vote by the ,chairperson1 decides to evaluate the bank holding company for a proposed determination under subparagraph 7,c77i74 7ii7 ,requirements before making a proposed determination ,before making a proposed determination with respect to a bank holding company under subparagraph 7,c77i71 and after receiving a recommendation under clause 7i77,i7 or making a decision under clause 7i77,,ii71 the ,council shall-- 7,i7 perform an evaluation of the bank holding company1 including an evaluation of-- 7aa7 whether the material financial distress of the bank holding company could pose a threat to the financial stability of the ,united ,states2 and 7bb7 how each of the factors considered pursuant to subsection 7b7 relates to the potential threat posed by the bank holding company to the financial stability of the ,united ,states2 and 7,,ii7 provide the bank holding company with-- 7aa7 a written notice that the bank holding company is being evaluated2 7bb7 an opportunity to meet with representatives of the ,council to discuss the evaluation by the ,council2 and 7cc7 an opportunity to submit written materials to the ,council1 within such time as the ,council deems appropriate 7but not earlier than #cj days after the date of receipt of the notice under item 7aa774 7,c7 ,proposed determination 7i7 ,voting ,after fulfilling the requirements of subparagraph 7,b71 the ,council may1 on a nondelegable basis and by a vote of not fewer than #b_/c of the voting members then serving1 including an affirmative vote by the ,chairperson1 propose to make a determination under paragraph 7#a7 with respect to a bank holding company4 7ii7 ,notice of proposed determination ,if the ,council makes a proposed determination under clause 7i71 the ,council shall provide a notice to the bank holding company1 which notice shall contain the basis for the proposed determination1 including a detailed explanation of the evaluation performed under subparagraph 7,b77ii77,i74 7,d7 ,requirements before final determination ,after making a proposed determination under subparagraph 7,c77i7 and prior to making a final determination under paragraph 7#a71 the ,council shall-- 7i7 not later than #cj days after the date of receipt of any notice under subparagraph 7,c77ii71 provide the bank holding company with an opportunity to request1 in writing1 a hearing before the ,council to contest the proposed determination2 7ii7 if the ,council receives a timely request under clause 7i71 fix a time 7not earlier than #cj days after the date of receipt of the request7 and place at which the bank holding company may appear1 personally or through counsel1 to1 at the discretion of the bank holding company-- 7,i7 submit a plan to modify the business1 structure1 or operations of the bank holding company in order to address the factors and the potential threat posed by the bank holding company to the financial stability of the ,united ,states identified pursuant to subparagraph 7,c77ii72 7,,ii7 submit written materials in addition to or separate from the plan described in subclause 7,i72 and 7,,iii7 provide oral testimony and oral argument to the members of the ,council1 with not fewer than #b_/c of the voting members of the ,council1 including the ,chairperson1 in attendance2 and 7iii7 in the event a plan is submitted to the ,council under clause 7ii77,i7-- 7,i7 consider whether the plan1 if implemented1 would address the factors and the potential threat posed by the bank holding company to the financial stability of the ,united ,states identified pursuant to subparagraph 7,c77ii72 and 7,,ii7 provide the bank holding company with-- 7aa7 analysis of whether and to what extent the plan addresses the factors and the potential threat posed by the bank holding company to the financial stability of the ,united ,states identified pursuant to subparagraph 7,c77ii72 7bb7 an opportunity to meet with representatives of the ,council to discuss the analysis provided under item 7aa72 and 7cc7 an opportunity to revise the plan after discussions with representatives of the ,council4 7,e7 ,final determination 7i7 ,in general ,after fulfilling the requirements of subparagraph 7,d71 and not later than #ij days after the date on which a hearing is held under subparagraph 7,d77ii71 the ,council may vote to make a final determination under paragraph 7#a74 ,the ,council may delay the vote up to #a additional year after the conclusion of the #ij-;day period if considering a plan under subparagraph 7,d77iii74 7ii7 ,outcome of the vote ,if the ,council votes on a final determination under paragraph 7#a71 the ,council shall promptly inform the bank holding company of the outcome of the vote in writing4 7iii7 ,notice of final determination ,if the ,council votes to make a final determination under paragraph 7#a71 the ,council shall1 not later than #cj days after the date of the vote1 provide a notice to the bank holding company1 which notice shall contain-- 7,i7 the basis for the determination1 including-- 7aa7 a detailed analysis of any plan submitted by the bank holding company and considered by the ,council under subparagraph 7,d71 if applicable1 which analysis shall1 at a minimum1 include-- 7,,aa7 whether and to what extent successful implementation of the plan could address the factors and the potential threat posed by the bank holding company to the financial stability of the ,united ,states identified pursuant to subparagraph 7,c77ii72 and 7,,bb7 a detailed explanation of why the plan would not address the factors and the potential threat posed by the bank holding company to the financial stability of the ,united ,states identified pursuant to subparagraph 7,c77ii71 if the ,council1 during its consideration of the plan under subparagraph 7,d77iii77,i71 concluded that the plan would not address such factors or potential threat2 7bb7 the reasons why the materials and other information submitted or provided by the bank holding company under subclauses 7,,ii7 and 7,,iii7 of subparagraph 7,d77ii7 did not address the potential threat posed by the bank holding company to the financial stability of the ,united ,states2 7cc7 a detailed analysis of how the factors1 including an explanation of how each factor relates to the potential threat posed by the bank holding company to the financial stability of the ,united ,states1 that the ,council considered pursuant to subsection 7b7 resulted in the final determination under paragraph 7#a72 and 7dd7 specific aspects of the business1 operations1 or structure of the bank holding company that the ,council believes could pose a threat to the financial stability of the ,united ,states1 including an assessment by the ,council of the probability and magnitude of the threat2 and 7,,ii7 an explanation of actions the bank holding company could take in order for the ,council to rescind the determination4 7#c7 ,reevaluation and rescission 7,a7 ,reevaluation requirement ,the ,council shall1 in accordance with this paragraph1 reevaluate a final determination made under paragraph 7#a7 with respect to a bank holding company-- 7i7 if1 at any time1 the ,board of ,governors recommends that the ,council do so2 and 7ii7 not less frequently than once every #e years4 7,b7 ,reevaluation procedure ,the ,council1 in conducting any reevaluation of a bank holding company required under subparagraph 7,a71 shall-- 7i7 provide a written notice to the bank holding company being reevaluated2 7ii7 afford the bank holding company an opportunity to submit a plan1 within such time as the ,council determines to be appropriate 7but which shall be not earlier than #cj days after the date of receipt by the bank holding company of the notice provided under clause 7i771 to modify the business1 structure1 or operations of the bank holding company2 7iii7 afford the bank holding company an opportunity to submit written materials in addition to1 or separate from1 the plan described in clause 7ii71 within such time as the ,council determines to be appropriate 7but which shall be not earlier than #cj days after the date of receipt by the bank holding company of the notice provided under clause 7i771 to contest the determination1 including materials concerning whether1 in the view of the bank holding company1 the material financial distress at the bank holding company could pose a threat to the financial stability of the ,united ,states2 7iv7 provide an opportunity for the bank holding company to meet with representatives of the ,council to present the information described in clauses 7ii7 and 7iii72 7v7 not earlier than #cj days after the date of receipt of any notice under clause 7i71 provide the bank holding company with an opportunity to request1 in writing1 a hearing before the ,council to contest its final determination under paragraph 7#a72 and 7vi7 if the ,council receives a timely request under clause 7v71 fix a time 7not earlier than #cj days after the date of receipt of the request7 and place at which the bank holding company may appear1 personally or through counsel1 to1 at the discretion of the bank holding company1 provide oral testimony and oral argument to the members of the ,council1 with not fewer than #b_/c of the voting members of the ,council1 including the ,chairperson1 in attendance4 7,c7 ,company plan ,if a bank holding company submits a plan in accordance with subparagraph 7,b77ii71 the ,council shall-- 7i7 consider whether the plan1 if implemented1 would result in the bank holding company no longer meeting the criteria for a final determination under paragraph 7#a72 and 7ii7 provide the bank holding company with-- 7,i7 analysis of whether and to what extent the plan addresses the potential threat posed by the bank holding company to the financial stability of the ,united ,states2 7,,ii7 an opportunity to meet with representatives of the ,council to discuss the analysis provided under subclause 7,i72 and 7,,iii7 an opportunity to revise the plan after discussions with representatives of the ,council4 7,d7 ,voting and explanation 7i7 ,in general ,after evaluating the materials and information provided by a bank holding company under subparagraph 7,b7 and fulfilling the requirements of subparagraph 7,c71 and not later than #ahj days after the date of receipt by the bank holding company of the notice provided under subparagraph 7,b77i71 the ,council shall1 on a nondelegable basis and by a vote of not fewer than #b_/c of the voting members then serving1 including an affirmative vote by the ,chairperson1 determine whether to renew a final determination under paragraph 7#a74 7ii7 ,notice of final determination ,if the ,council votes to renew a final determination under clause 7i71 the ,council shall provide a notice to the bank holding company with the reasons for the decision by the ,council1 which notice shall address with specificity-- 7,i7 any changes to the basis for the final determination decision made under paragraph 7#a7 since the date on which the final determination under paragraph 7#a7 was made1 including any changes to the information provided to the bank holding company under-- 7aa7 paragraph 7#b77;,e77iii77,i77cc72 or 7bb7 this clause1 in prior years2 7,,ii7 any plan submitted by the bank holding company and considered by the ,council under subparagraph 7,c71 and shall1 at a minimum1 include-- 7aa7 a detailed analysis of whether and to what extent successful implementation of the plan could result in the bank holding company no longer meeting the criteria for a final determination under paragraph 7#a72 and 7bb7 a detailed explanation of why1 if the plan were implemented1 the bank holding company would still meet the criteria for a final determination under paragraph 7#a71 if the ,council1 during its consideration of the plan under subparagraph 7,c71 concluded that the bank holding company would still meet those criteria if the plan were implemented2 7,,iii7 aspects of the business1 operations1 or structure of the bank holding company that the ,council believes could pose a threat to the financial stability of the ,united ,states1 including the probability and magnitude of that threat2 and 7,,iv7 an explanation of actions the bank holding company could take in order for the ,council to rescind the determination4 7iii7 ,no final determination ,if the ,council does not vote to renew a final determination under clause 7i71 then the existing final determination under paragraph 7#a7 shall be rescinded and the ,council shall inform the bank holding company in writing4 7iv7 ,voting threshold for rescission of determination ,notwithstanding clause 7iii71 the ,council may1 at any time1 on a nondelegable basis and by a vote of not fewer than #b_/c of the voting members then serving1 including an affirmative vote by the ,chairperson1 determine that a bank holding company no longer meets the criteria for a final determination under paragraph 7#a71 in which case the ,council shall rescind the final determination4 7#d7 ,emergency exception 7,a7 ,in general ,the ,council may waive or modify the requirements of paragraph 7#b7 with respect to a bank holding company with total consolidated assets of not less than #ej1jjj1jjj1jjj and not more than #ejj1jjj1jjj1jjj 7as such amounts are adjusted annually by the ,council to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce7 if the ,council determines1 on a nondelegable basis and by a vote of not fewer than #bc of the voting members then serving1 including an affirmative vote by the ,chairperson1 that such waiver or modification is necessary or appropriate to prevent or mitigate threats posed by the bank holding company to the financial stability of the ,united ,states4 7,b7 ,notice ,the ,council shall provide notice of a waiver or modification under this paragraph to the bank holding company concerned as soon as practicable1 but not later than #bd hours after the waiver or modification is granted4 7,c7 ,international coordination ,in making a determination under subparagraph 7,a71 the ,council shall consult with the appropriate home country supervisor1 if any1 of a foreign bank holding company that is being considered for such a determination4 7,d7 ,opportunity for hearing ,the ,council shall allow a bank holding company to request1 in writing1 an opportunity for a hearing before the ,council to contest a waiver or modification under this paragraph1 not later than #aj days after the date of receipt of the notice of waiver or modification4 ,upon receipt of a timely request1 the ,council shall fix a time 7not later than #ae days after the date of receipt of the request7 and place at which the bank holding company may appear1 personally or through counsel1 to submit written materials 7or1 at the sole discretion of the ,council1 oral testimony and oral argument74 7,e7 ,notice of final determination ,not later than #cj days after the date of any hearing under subparagraph 7,d71 the ,council shall notify the subject bank holding company of the final determination of the ,council under this paragraph1 which shall contain a statement of the basis for the decision of the ,council4 7#e7 ,consultation ,the ,council shall consult with the primary financial regulatory agency for each bank holding company that is being considered by the ,council under this section from the outset of the consideration of the bank holding company by the ,council1 including before the ,council makes any proposed determination under paragraph 7#b77;,c77i7 or final determination under paragraph 7#a74 7#f7 ,judicial review ,if the ,council makes or renews a final determination under this subsection with respect to a bank holding company1 such bank holding company may1 not later than #cj days after the date of receipt of the notice of final determination under paragraph 7#b77;,e77iii7 or of renewal of a final determination under paragraph 7#c77;,d77ii71 bring an action in the ,united ,states district court for the judicial district in which the home office of such bank holding company is located1 or in the ,united ,states ,district ,court for the ,district of ,columbia1 for an order requiring that the final determination be rescinded1 and the court shall1 upon review1 dismiss such action or direct the final determination to be rescinded4 ,review of such an action shall be limited to whether the final determination made under this subsection was arbitrary and capricious4 7#g7 ,public disclosure requirement ,the ,council shall-- 7,a7 in each case that a bank holding company has received a notice under paragraph 7#b77;,b77ii77,,ii77aa71 and the bank holding company has publicly disclosed that the bank holding company is being evaluated by the ,council1 confirm that the bank holding company is being evaluated by the ,council1 in response to a request from a third party2 7,b7 upon making a final determination under paragraph 7#a7 or renewing a final determination under paragraph 7#c77;,d77i71 publicly provide a detailed written explanation of the basis for the final determination with sufficient detail to provide the public with an understanding of the specific bases of the determination by the ,council1 including any assumptions related thereof1 subject to the requirements of section #aab7;d77#e72 and 7,c7 include1 in the annual report required under section #aab-- 7i7 the number of bank holding companies from the previous year that received a notice under paragraph 7#b77;,b77ii77,,ii77aa72 7ii7 the number of bank holding companies from the previous year that were subject to a proposed determination under paragraph 7#b77;,c77i72 and 7iii7 the number of bank holding companies from the previous year that were subject to a final determination under paragraph 7#a74 7d7 ,bank holding companies automatically deemed systemically important 7#a7 ,automatic determination ,a bank holding company with total consolidated assets of more than #ejj1jjj1jjj1jjj 7as such amount is adjusted annually by the ,council to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce7 shall automatically be subject to a determination under subsection 7a74 7#b7 ,rule of construction 7,a7 ,bank holding company increasing in size ,if1 subsequent to the effective date1 a bank holding company that was previously subject to a final determination under subsection 7c77#a7 grows to have total consolidated assets of more than #ejj1jjj1jjj1jjj 7as such amount is adjusted annually by the ,council to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce7 for a period of #ahj consecutive days1 the bank holding company shall be subject to an automatic determination under paragraph 7#a7 and not subject to a determination under subsection 7c77#a7 for the purposes of this section4 7,b7 ,bank holding company decreasing in size ,if a bank holding company subject to an automatic determination under paragraph 7#a7 decreases in size1 such that the bank holding company no longer is a bank holding company with total consolidated assets of more than #ejj1jjj1jjj1jjj 7as such amount is adjusted annually by the ,council to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce7 for a period of #ahj consecutive days1 the bank holding company shall be considered subject to a final determination under subsection 7c77#a7 and not subject to an automatic determination under paragraph 7#a7 for the purposes of this section4 7e7 ,international coordination ,in exercising its duties under this title with respect to foreign bank holding companies1 foreign-based bank holding companies1 and cross-border activities and markets1 the ,council shall consult with appropriate foreign regulatory authorities1 to the extent appropriate4 4 7c7 ,enhanced supervision ,section #aae of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecbe7 is amended-- 7#a7 in subsection 7a7-- 7,a7 in the matter preceding subparagraph 7,a7 of paragraph 7#a71 by striking large1 interconnected bank holding companies and inserting bank holding companies subject to a determination under section #aac;,a7a72 and 7,b7 in paragraph 7#b7-- 7i7 in subparagraph 7,a71 by striking 2 or and inserting a period2 7ii7 by striking the ,council may and all that follows through differentiate and inserting the ,council may differentiate2 and 7iii7 by striking subparagraph 7,b72 and 7#b7 in subsection 7b77#c71 by inserting and the factors used by the ,council pursuant to section #aac;,a7b7 after subsections 7a7 and 7b7 of section #aac each place that term appears4 7d7 ,reports ,the matter preceding paragraph 7#a7 of section #aaf7;a7 of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecbf7;a77 is amended by striking with total consolidated assets of #ej1jjj1jjj1jjj or greater and inserting subject to a determination under section #aac;,a7a74 7e7 ,mitigation ,section #aba of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecca7 is amended-- 7#a7 in the matter preceding paragraph 7#a7 of subsection 7a71 by striking with total consolidated assets of #ej1jjj1jjj1jjj or more and inserting subject to a determination under section #aac;,a7a72 and 7#b7 in subsection 7c71 by inserting in the case of a nonbank financial company1 and the factors used by the ,council pursuant to section #aac;,a7b7 in the case of a bank holding company after as applicable14 7f7 ,office of ,financial ,research ,section #aee7;d7 of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecde7;d77 is amended by striking with total consolidated assets of #ej1jjj1jjj1jjj or greater and inserting subject to a determination under section #aac;,a7a74 #icb4 ,revisions to ,board authority 7a7 ,acquisitions ,section #afc of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecfc7 is amended by striking with total consolidated assets equal to or greater than #ej1jjj1jjj1jjj each place that term appears and inserting subject to a determination under section #aac;,a7a74 7b7 ,management ,interlocks ,section #afd of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecfd7 is amended by striking with total consolidated assets equal to or greater than #ej1jjj1jjj1jjj and inserting subject to a determination under section #aac;,a7a74 7c7 ,enhanced supervision and prudential standards ,section #afe of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecfe7 is amended-- 7#a7 in subsection 7a7-- 7,a7 in paragraph 7#a71 by striking with total consolidated assets equal to or greater than #ej1jjj1jjj1jjj and inserting subject to a determination under section #aac;,a7a72 and 7,b7 in paragraph 7#b7-- 7i7 by striking application and all that follows through ,in prescribing and inserting application4--,in prescribing2 and 7ii7 by striking subparagraph 7,b72 7#b7 in subsection 7b77#c71 by inserting and the factors used by the ,council pursuant to section #aac;,a7b7 after subsections 7a7 and 7b7 of section #aac each place that term appears2 7#c7 in subsection 7h71 by striking #aj1jjj1jjj1jjj each place that term appears and inserting #ej1jjj1jjj1jjj 7as such amount is adjusted annually by the ,council to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce72 7#d7 in subsection 7i77#b77;,a71 by striking #aj1jjj1jjj1jjj and inserting #ej1jjj1jjj1jjj 7as such amount is adjusted annually by the ,council to reflect the percentage change for the previous calendar year in the gross domestic product of the ,united ,states1 as calculated by the ,bureau of ,economic ,analysis of the ,department of ,commerce72 and 7#e7 in subsection 7j7-- 7,a7 in paragraph 7#a71 by striking with total consolidated assets equal to or greater than #ej1jjj1jjj1jjj and inserting described in subsection 7a72 and 7,b7 by striking paragraph 7#b7 and inserting the following3 7#b7 ,considerations ,in making a determination under this subsection1 the ,council shall-- 7,a7 in the case of a nonbank financial company supervised by the ,board of ,governors1 consider the factors described in subsections 7a7 and 7b7 of section #aac and any other risk-related factors that the ,council deems appropriate2 and 7,b7 in the case of a bank holding company described in subsection 7a71 consider the factors used by the ,council pursuant to section #aac;,a7b74 4 7d7 ,conforming amendment ,the second subsection designated as subsection 7s77#b7 of the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #bdh7s77#b77 7relating to assessments1 fees1 and other charges for certain companies7 is amended-- 7#a7 in subparagraph 7,a71 by striking having total consolidated assets of #ej1jjj1jjj1jjj or more2 and inserting subject to a determination under section #aac;,a7a7 of the ,financial ,stability ,act of #bjaj2 and2 7#b7 by striking subparagraph 7,b72 and 7#c7 by redesignating subparagraph 7,c7 as subparagraph 7,b74 #icc4 ,effective date 7a7 ,in general ,the amendments made by this subtitle shall1 except as otherwise provided1 take effect on the date that is #ahj days after the date on which the regulations required under section #aac;,a7b7 of the ,financial ,stability ,act of #bjaj1 as added by section #ica7;b7 of this title1 are issued4 7b7 ,rule of construction ,nothing in this subtitle shall be construed to prohibit the ,financial ,stability ,oversight ,council established under section #aaa of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecba7 or the ,board of ,governors of the ,federal ,reserve ,system from complying with any of the requirements of section #aac;,a of that ,act1 as added by section #ica7;b7 of this title1 with respect to a bank holding company 7as defined in section #b of the ,bank ,holding ,company ,act of #aief 7#ab ,u4,s4,c4 #ahda77 prior to the effective date described in subsection 7a74 #icd4 ,sense of ,congress 7a7 ,definitions ,in this section3 7#a7 ,appropriate ,federal banking agencies2 bank holding company ,the terms appropriate ,federal banking agencies and bank holding company have the meanings given those terms in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7#b7 ,nonbank financial company ,the term nonbank financial company has the meaning given that term in section #ajb7;a7 of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecaa74 7b7 ,sense of ,congress ,it is the sense of ,congress that the appropriate ,federal banking agencies should seek to properly tailor prudential regulations and1 in doing so1 differentiate among bank holding companies and among nonbank financial companies supervised by the ,board of ,governors of the ,federal ,reserve ,system based on their capital structure1 riskiness1 complexity1 financial activities 7including the financial activities of their subsidiaries71 size1 and other risk-related factors1 using existing authorities1 including waiver authorities provided in statute or regulation4 #ice4 ,preservation of authority ,nothing in this title shall be construed to limit the supervisory1 regulatory1 or enforcement authority of a ,federal banking agency 7as defined in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac77 to further the safe and sound operation of an institution that the ,federal banking agency supervises1 except as specifically provided in this title4 ,c ,greater transparency for the ,financial ,stability ,oversight ,council process for nonbank financial companies #ida4 ,access to ,council meetings by agency members ,section #aaa7;e7 of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecba7;e77 is amended by adding at the end the following3 7#c7 ,access ,any member of the governing body of a member agency headed by a member of the ,council described in subparagraph 7,b71 7,e71 7,f71 7,g71 or 7,i7 of paragraph 7#a7 of subsection 7b7-- 7,a7 may attend a meeting of the ,council1 including any meeting of representatives of the members of the ,council2 and 7,b7 shall have access to the same information and materials that a member of the ,council described in subparagraph 7,b71 7,e71 7,f71 7,g71 or 7,i7 of paragraph 7#a7 of subsection 7b7 is provided or entitled to4 4 #idb4 ,nonbank determination process ,section #aac of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecbc7 is amended-- 7#a7 in subsection 7a77#b7-- 7,a7 in the matter preceding subparagraph 7,a71 by inserting factors1 including after consider2 7,b7 in subparagraph 7,h71 by striking #a or more primary financial regulatory agencies and inserting its primary financial regulatory agency1 including the appropriateness of the imposition of prudential standards in addition to or as opposed to other forms of regulation2 7,c7 in subparagraph 7,j71 by striking and at the end2 7,d7 by redesignating subparagraph 7,k7 as subparagraph 7,l72 and 7,e7 by inserting after subparagraph 7,j7 the following3 7,k7 actions taken by the primary financial regulatory agency pursuant to subsection 7e77#a77;,c72 and 2 7#b7 in subsection 7b77#b7-- 7,a7 in the matter preceding subparagraph 7,a71 by inserting factors1 including after consider2 7,b7 in subparagraph 7,h71 by inserting 1 including the appropriateness of the imposition of prudential standards in addition to or as opposed to other forms of regulation before the semicolon at the end2 7,c7 in subparagraph 7,j71 by striking and at the end2 7,d7 by redesignating subparagraph 7,k7 as subparagraph 7,l72 and 7,e7 by inserting after subparagraph 7,j7 the following3 7,k7 actions taken by the primary financial regulatory agency pursuant to subsection 7e77#a77;,c72 and 2 7#c7 by striking subsections 7d7 and 7e7 and inserting the following3 7d7 ,annual reevaluation and rescission 7#a7 ,annual reevaluation ,not less frequently than annually1 except with respect to subparagraph 7,e71 the ,council shall reevaluate each final determination made under subsection 7a7 or 7b7 with respect to a nonbank financial company supervised by the ,board of ,governors and shall-- 7,a7 provide a written notice to the nonbank financial company being reevaluated2 7,b7 afford the nonbank financial company an opportunity to submit a plan1 within such time as the ,council determines to be appropriate 7but which shall be not earlier than #cj days after the date of receipt by the nonbank financial company of the notice provided under subparagraph 7,a771 to modify the business1 structure1 or operations of the nonbank financial company2 7,c7 afford the nonbank financial company an opportunity to submit written materials in addition to1 or separate from1 the plan described in subparagraph 7,b71 within such time as the ,council determines to be appropriate 7but which shall be not earlier than #cj days after the date of receipt by the nonbank financial company of the notice provided under subparagraph 7,a771 to contest the determination1 including materials concerning whether1 in the view of the nonbank financial company1 the material financial distress at the nonbank financial company1 or the nature1 scope1 size1 scale1 concentration1 interconnectedness1 or mix of the activities of the nonbank financial company1 could pose a threat to the financial stability of the ,united ,states2 7,d7 provide an opportunity for the nonbank financial company to meet with representatives of the ,council to present the information described in subparagraphs 7,b7 and 7,c72 and 7,e7 not less than once every #e years and prior to a vote under paragraph 7#c77;,a77ii7-- 7i7 not earlier than #cj days after the date of receipt of any notice under subparagraph 7,a71 provide the nonbank financial company with an opportunity to request1 in writing1 a hearing before the ,council to contest its final determination under subsection 7a7 or 7b72 and 7ii7 if the ,council receives a timely request under clause 7i71 fix a time 7not earlier than #cj days after the date of receipt of the request7 and place at which the nonbank financial company may appear1 personally or through counsel1 to1 at the discretion of the nonbank financial company1 provide oral testimony and oral argument to the members of the ,council1 with not fewer than #b_/c of the voting members of the ,council1 including the ,chairperson1 in attendance4 7#b7 ,company plan ,if a nonbank financial company submits a plan in accordance with paragraph 7#a77;,b71 the ,council shall-- 7,a7 consider whether the plan1 if implemented1 would result in the nonbank financial company no longer meeting the criteria for a final determination under subsection 7a7 or 7b72 and 7,b7 provide the nonbank financial company with-- 7i7 analysis of whether and to what extent the plan addresses the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states2 7ii7 an opportunity to meet with representatives of the ,council to discuss the analysis provided under clause 7i72 and 7iii7 an opportunity to revise the plan1 after discussions with representatives of the ,council4 7#c7 ,voting and explanation 7,a7 ,in general ,after evaluating the materials and information provided by a nonbank financial company under paragraph 7#a7 and fulfilling the requirements of paragraph 7#b71 and not later than #ahj days after the date of receipt by the nonbank financial company of the notice provided under paragraph 7#a77;,a71 the ,council shall1 on a nondelegable basis and by a vote of not fewer than #b_/c of the voting members then serving1 including an affirmative vote by the ,chairperson-- 7i7 except as otherwise provided in clause 7ii71 determine whether the nonbank financial company no longer meets the criteria for a final determination under subsection 7a7 or 7b71 in which case the ,council shall rescind such determination2 and 7ii7 not less than once every #e years1 and following a hearing held under paragraph 7#a77;,e77ii71 determine whether to renew a final determination under subsection 7a7 or 7b74 7,b7 ,notice of final determination ,if the ,council does not vote to rescind a final determination under subparagraph 7,a77i7 or votes to renew a final determination under subparagraph 7,a77ii71 the ,council shall provide a notice to the nonbank financial company and the primary financial regulatory agency of the nonbank financial company with the reasons for the decision by the ,council1 which notice shall address with specificity-- 7i7 any changes to the basis for the final determination decision made under subsection 7a7 or 7b7 since the date on which the final determination under subsection 7a7 or 7b7 was made1 including any changes to the information provided to the nonbank financial company under-- 7,i7 subsection 7e77#b77;,c77i77,,iv72 7,,ii7 this clause1 in prior years2 or 7,,iii7 subparagraph 7,d72 7ii7 any plan submitted by the nonbank financial company and considered by the ,council under paragraph 7#b71 and shall1 at a minimum1 include-- 7,i7 a detailed analysis of whether and to what extent successful implementation of the plan could result in the nonbank financial company no longer meeting the criteria for a final determination under subsection 7a7 or 7b72 and 7,,ii7 a detailed explanation of why1 if the plan were implemented1 the nonbank financial company would still meet the criteria for a final determination under subsection 7a7 or 7b71 if the ,council1 during its consideration of the plan under paragraph 7#b71 concluded that the nonbank financial company would still meet those criteria if the plan were implemented2 7iii7 aspects of the business1 operations1 or structure1 including the nature1 scope1 size1 scale1 concentration1 interconnectedness1 or mix of the activities1 of the nonbank financial company that the ,council believes could pose a threat to the financial stability of the ,united ,states1 including an assessment by the ,council of the probability and magnitude of the threat2 and 7iv7 an explanation of actions the nonbank financial company could take in order for the ,council to rescind the determination4 7,c7 ,no final determination ,if the ,council votes to rescind a final determination under subparagraph 7,a77i7 or does not vote to renew a final determination under subparagraph 7,a77ii71 the existing final determination under subsection 7a7 or 7b7 shall be rescinded and the ,council shall inform the nonbank financial company in writing4 7,d7 ,explanation for certain companies ,with respect to a reevaluation under this subsection in which the final determination under subsection 7a7 or 7b7 being reevaluated was made before the date of enactment of this subparagraph1 the ,council1 as part of such reevaluation1 shall provide a statement that-- 7i7 explains with specificity the basis for such determination2 and 7ii7 includes the analysis required under subsection 7e77#b77;,c77i77,,iv74 7,e7 ,voting threshold for rescission of determination ,notwithstanding subparagraph 7,a71 the ,council may1 at any time1 on a nondelegable basis and by a vote of not fewer than #b_/c of the voting members then serving1 including an affirmative vote by the ,chairperson1 determine that a nonbank financial company no longer meets the criteria for a final determination under subsection 7a7 or 7b71 in which case the ,council shall rescind the final determination4 7e7 ,requirements for proposed determination1 notice and opportunity for hearing1 and final determination 7#a7 ,in general ,prior to making a final determination under subsection 7a7 or 7b7 with respect to a nonbank financial company1 the ,council must-- 7,a7 provide the nonbank financial company and its primary financial regulatory agency with a notice that the nonbank financial company is being evaluated1 which notice shall1 at minimum-- 7i7 include any quantitative analysis used by the ,council as part of its evaluation2 7ii7 identify with specificity any factors that the ,council has considered pursuant to subsection 7a77#b7 or 7b77#b7 relating to the nonbank financial company that could cause the nonbank financial company to be subject to a final determination under subsection 7a7 or 7b72 and 7iii7 include an explanation of how each factor identified in clause 7ii7 relates to the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states2 7,b7 provide the nonbank financial company an opportunity1 not earlier than #cj days after the date of receipt by the nonbank financial company of the notice under subparagraph 7,a71 to meet with representatives of the ,council1 including to discuss the notice and any analysis and factors considered by the ,council2 7,c7 provide the primary financial regulatory agency of the nonbank financial company with not less than #ahj days from the date of receipt of the notice in subparagraph 7,a7 to-- 7i7 provide a written response to the ,council that includes an assessment of-- 7,i7 the factors identified pursuant to subparagraph 7,a77ii72 7,,ii7 the explanation provided pursuant to subparagraph 7,a77iii72 and 7,,iii7 the degree to which the potential threat to the financial stability of the ,united ,states is currently addressed or could be addressed by existing or pending regulation or other regulatory action2 and 7ii7 issue proposed regulations or undertake other regulatory action to address-- 7,i7 the factors identified pursuant to subparagraph 7,a77ii71 as applicable2 and 7,,ii7 the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states2 7,d7 in the event that the primary financial regulatory agency has provided a written response under subparagraph 7,c77i7 or issued proposed regulations or taken other regulatory actions under subparagraph 7,c77ii71 find that-- 7i7 taking into account the written response by the primary financial regulatory agency under subparagraph 7,c77i71 the nonbank financial company merits a proposed determination under subparagraph 7,e72 and 7ii7 the primary financial regulatory agency has not proposed regulations or taken other regulatory actions after receipt of the notice under subparagraph 7,a7 that sufficiently address the factors identified pursuant to subparagraph 7,a77ii71 as applicable1 and the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states2 7,e7 after fulfilling the requirements of subparagraphs 7,a71 7,b71 7,c71 and 7,d71 on a nondelegable basis and by a vote of not fewer than #b_/c of the voting members then serving1 including an affirmative vote by the ,chairperson1 propose to make a determination under subsection 7a7 or 7b7 with respect to the nonbank financial company2 and 7,f7 subsequent to making a proposed determination under subparagraph 7,e7-- 7i7 provide a notice to the nonbank financial company and its primary financial regulatory agency1 which notice shall contain the basis for the proposed determination under subparagraph 7,e71 including-- 7,i7 the information and explanation required under subparagraph 7,a71 along with any updates to such information or explanation related to the proposed determination under subparagraph 7,e72 and 7,,ii7 an explanation and justification for any finding under subparagraph 7,d72 7ii7 not later than #cj days after the date of receipt of any notice under clause 7i71 provide the nonbank financial company with an opportunity to request1 in writing1 a hearing before the ,council to contest the proposed determination under subparagraph 7,e72 7iii7 if the ,council receives a timely request under clause 7ii71 fix a time 7not earlier than #cj days after the date of receipt of the request7 and place at which the nonbank financial company may appear1 personally or through counsel1 to1 at the discretion of the nonbank financial company-- 7,i7 submit a plan to modify the business1 structure1 or operations of the nonbank financial company in order to address the factors and the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states identified pursuant to clause 7i77,i71 as applicable2 7,,ii7 submit written materials in addition to or separate from the plan described in subclause 7,i72 and 7,,iii7 provide oral testimony and oral argument to the members of the ,council1 with not fewer than #b_/c of the voting members of the ,council1 including the ,chairperson1 in attendance2 and 7iv7 in the event a plan is submitted to the ,council under clause 7iii77,i7-- 7,i7 consider whether the plan1 if implemented1 would address the factors and the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states identified pursuant to clause 7i77,i71 as applicable2 and 7,,ii7 provide the nonbank financial company with-- 7aa7 analysis of whether and to what extent the plan addresses the factors and the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states identified pursuant to clause 7i77,i71 as applicable2 7bb7 an opportunity to meet with representatives of the ,council to discuss the analysis provided under item 7aa72 and 7cc7 an opportunity to revise the plan1 after discussions with representatives of the ,council4 7#b7 ,final determination 7,a7 ,in general ,after fulfilling the requirements of paragraph 7#a71 and not later than #ij days after the date on which a hearing is held under paragraph 7#a77;,f77iii71 the ,council may vote to make a final determination under subsection 7a7 or 7b74 ,the ,council may delay the vote up to #a additional year after the conclusion of the #ij-;day period if considering a plan under paragraph 7#a77;,f77iv77,i74 7,b7 ,outcome of the vote ,if the ,council votes on a final determination under subsection 7a7 or 7b71 the ,council shall promptly inform the nonbank financial company of the outcome of the vote in writing4 7,c7 ,notice of final determination ,if the ,council votes to make a final determination under subsection 7a7 or 7b71 the ,council shall1 not later than #cj days after the date of the vote1 provide a notice to the nonbank financial company and its primary financial regulatory agency1 which notice shall contain-- 7i7 the basis for the determination1 including-- 7,i7 a detailed analysis of any plan submitted by the nonbank financial company and considered by the ,council under paragraph 7#a77;,f71 if applicable1 which analysis shall1 at a minimum1 include-- 7aa7 whether and to what extent successful implementation of the plan could address the factors1 as applicable1 and the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states identified pursuant to paragraph 7#a77;,f77i77,i72 and 7bb7 a detailed explanation of why the plan would not address the factors and the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states identified pursuant to paragraph 7#a77;,f77i77,i71 if the ,council1 during its consideration of the plan under subparagraph 7#a77;,f77iv77,i71 concluded that the plan would not address such factors or potential threat2 7,,ii7 the reasons why the materials and other information submitted or provided by the nonbank financial company under subclauses 7,,ii7 and 7,,iii7 of paragraph 7#a77;,f77iii7 did not address the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states2 7,,iii7 a justification for any finding under paragraph 7#a77;,d72 7,,iv7 a detailed analysis of how any factors1 including an explanation of how each factor relates to the potential threat posed by the nonbank financial company to the financial stability of the ,united ,states1 that the ,council considered pursuant to subsection 7a77#b7 or 7b77#b7 resulted in the final determination under subsection 7a7 or 7b72 and 7,v7 specific aspects of the business1 operations1 or structure of the nonbank financial company1 including the nature1 scope1 size1 scale1 concentration1 interconnectedness1 or mix of the activities of the nonbank financial company1 that the ,council believes could pose a threat to the financial stability of the ,united ,states1 including an assessment by the ,council of the probability and magnitude of the threat2 and 7ii7 an explanation of actions the nonbank financial company could take in order for the ,council to rescind the determination4 2 7#d7 in subsection 7g71 by striking before the ,council makes any and inserting from the outset of the consideration of the nonbank financial company by the ,council1 including before the ,council makes any proposed determination under subsection 7e77#a77;,e7 or2 7#e7 in subsection 7h7-- 7,a7 by inserting or renews after makes2 and 7,b7 by striking 7d77#b71 7e77#c71 or 7f77#e7 and inserting 7d77#c77;,b7 or 7f77#e7 or of renewal of a final determination under subsection 7e77#b77;,c72 and 7#f7 by adding at the end the following3 7j7 ,public disclosure requirement ,the ,council shall-- 7#a7 in each case that a nonbank financial company has received a notice under subsection 7e77#a77;,a71 and the nonbank financial company has publicly disclosed that the nonbank financial company is being reviewed by the ,council1 confirm that the nonbank financial company is being reviewed1 in response to a request from a third party2 7#b7 upon making a final determination under subsection 7a7 or 7b7 or renewing a final determination under paragraph 7#c77;,a7 of subsection 7d71 publicly provide a detailed written explanation of the basis for the final determination with sufficient detail to provide the public with an understanding of the specific bases of the determination by the ,council1 including any assumptions related thereof1 subject to the requirements of section #aab7;d77#e72 7#c7 include1 in the annual report required by section #aab-- 7,a7 the number of nonbank financial companies from the previous year that received a notice under subsection 7e77#a77;,a72 7,b7 the number of nonbank financial companies from the previous year that were subject to a proposed determination under subsection 7e77#a77;,e72 and 7,c7 the number of nonbank financial companies from the previous year that were subject to a final determination under subsection 7a7 or 7b72 and 7#d7 not earlier than #ahj days after the date of enactment of this subsection1 publish in the ,federal ,register information regarding the methodology the ,council uses for calculating any quantitative thresholds or other metrics used to consider the factors listed in subsection 7a77#b7 or 7b77#b74 4 #idc4 ,rule of construction ,none of the amendments made by this subtitle shall be construed as limiting the emergency powers of the ,financial ,stability ,oversight ,council under section #aac7;f7 of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecbc7;f774 ,d ,improved accountability and transparency in the regulation of insurance #iea4 ,sense of ,congress ,it is the sense of ,congress that the ,act of ,march #i1 #aide 7commonly known as the ,mc,carran-,ferguson ,act2 #ei ,stat4 #cc1 chapter #bj2 #ae ,u4,s4,c4 #ajaa et seq47 remains the preferred approach with respect to regulating the business of insurance4 #ieb4 ,ensuring the protection of insurance policyholders 7a7 ,source of strength ,section #ch;,a of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahcao-#a7 is amended-- 7#a7 by redesignating subsections 7c71 7d71 and 7e7 as subsections 7d71 7e71 and 7f71 respectively2 and 7#b7 by inserting after subsection 7b7 the following3 7c7 ,authority of ,state insurance regulator 7#a7 ,in general ,the provisions of section #e7;g7 of the ,bank ,holding ,company ,act of #aief 7#ab ,u4,s4,c4 #ahdd7;g77 shall apply to a savings and loan holding company that is an insurance company1 an affiliate of an insured depository institution that is an insurance company1 and to any other company that is an insurance company and that directly or indirectly controls an insured depository institution1 to the same extent as the provisions of that section apply to a bank holding company that is an insurance company4 7#b7 ,rule of construction ,requiring a bank holding company that is an insurance company1 a savings and loan holding company that is an insurance company1 an affiliate of an insured depository institution that is an insurance company1 or any other company that is an insurance company and that directly or indirectly controls an insured depository institution to serve as a source of financial strength under this section shall be deemed an action of the ,board that requires a bank holding company to provide funds or other assets to a subsidiary depository institution for purposes of section #e7;g7 of the ,bank ,holding ,company ,act of #aief 7#ab ,u4,s4,c4 #ahdd7;g774 4 7b7 ,liquidation authority ,the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #ecja et seq47 is amended-- 7#a7 in section #bjc7;e77#c7 7#ab ,u4,s4,c4 #echc7;e77#c771 by inserting or rehabilitation after orderly liquidation each place that term appears2 and 7#b7 in section #bjd7;d77#d7 7#ab ,u4,s4,c4 #echd7;d77#d771 by inserting before the semicolon at the end the following3 81 except that1 if the covered financial company or covered subsidiary is an insurance company or a subsidiary of an insurance company1 the ,corporation-- 7,a7 shall promptly notify the ,state insurance authority for the insurance company of the intention to take such lien2 and 7,b7 may only take such lien-- 7i7 to secure repayment of funds made available to such covered financial company or covered subsidiary2 and 7ii7 if the ,corporation determines1 after consultation with the ,state insurance authority1 that such lien will not unduly impede or delay the liquidation or rehabilitation of the insurance company1 or the recovery by its policyholders 4 #iec4 ,international insurance capital standards accountability 7a7 ,sense of ,congress ,it is the sense of ,congress that-- 7#a7 the ,secretary of the ,treasury1 the ,board of ,governors of the ,federal ,reserve ,system1 and the ,director of the ,federal ,insurance ,office should support increasing transparency at any global insurance or international standard-setting regulatory or supervisory forum in which they participate1 including supporting and advocating for greater public observer access at any such forum2 and 7#b7 to the extent that the ,secretary of the ,treasury1 the ,board of ,governors of the ,federal ,reserve ,system1 and the ,director of the ,federal ,insurance ,office take a position on an insurance proposal by a global insurance or international standard-setting regulatory or supervisory forum1 the ,board of ,governors of the ,federal ,reserve ,system and the ,director of the ,federal ,insurance ,office should achieve consensus positions with ,state insurance regulators when they are participants representing the ,united ,states in negotiations on insurance issues before any international forum of financial regulators or supervisors that considers insurance regulatory issues4 7b7 ,insurance policy advisory committee 7#a7 ,establishment ,there is established the ,insurance ,policy ,advisory ,committee on ,international ,capital ,standards and ,other ,insurance ,issues at the ,board of ,governors of the ,federal ,reserve ,system4 7#b7 ,membership ,the ,committee established under paragraph 7#a7 shall be composed of not more than #ba members1 all of whom represent a diverse set of expert perspectives from the various sectors of the ,united ,states insurance industry1 including life insurance1 property and casualty insurance and reinsurance1 agents and brokers1 academics1 consumer advocates1 or experts on issues facing underserved insurance communities and consumers4 7c7 ,reports 7#a7 ,reports and testimony by secretary of the treasury and chairman of the board of governors of the federal reserve system 7,a7 ,in general ,the ,secretary of the ,treasury and the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system1 or their designees1 shall submit an annual report and provide annual testimony to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives on the efforts of the ,secretary of the ,treasury1 the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system1 and ,state insurance regulators with respect to global insurance or international standard-setting regulatory or supervisory forums1 including-- 7i7 a description of the insurance regulatory or supervisory standard-setting issues under discussion at any international insurance standard-setting bodies2 7ii7 a description of the effects that proposals discussed at international insurance regulatory or supervisory forums of insurance could have on consumer and insurance markets in the ,united ,states2 7iii7 a description of any position taken by the ,secretary of the ,treasury1 the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system1 and the ,director of the ,federal ,insurance ,office in international insurance discussions2 and 7iv7 a description of the efforts by the ,secretary of the ,treasury1 the ,director of the ,federal ,insurance ,office1 and the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system to increase transparency at any international standard-setting bodies with whom they participate1 including efforts to provide additional public access to working groups and committees of such international insurance standard-setting bodies4 7,b7 ,termination ,this paragraph shall cease to be effective on ,december #ca1 #bjah4 7#b7 ,reports and testimony by state insurance regulators ,a ,state insurance regulator may provide testimony to ,congress on the issues described in paragraph 7#a77;,a74 7#c7 ,joint report by the chairman of the federal reserve and the director of the federal insurance office 7,a7 ,in general ,the ,secretary of the ,treasury1 the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system1 and the ,director of the ,federal ,insurance ,office1 in consultation with ,state insurance regulators1 shall complete a study on1 and submit to ,congress a report on the results of the study1 the impact on consumers and markets in the ,united ,states before supporting or consenting to the adoption of any key elements in any international insurance proposal or international insurance capital standard4 7,b7 ,notice and comment 7i7 ,notice ,the ,secretary of the ,treasury1 the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system1 and the ,director of the ,federal ,insurance ,office shall provide notice before the date on which drafting the report described in subparagraph 7,a7 is commenced and after the date on which the draft of the report is completed4 7ii7 ,opportunity for comment ,there shall be an opportunity for public comment for a period beginning on the date on which the report is submitted under subparagraph 7,a7 and ending on the date that is #fj days after the date on which the report is submitted4 7,c7 ,review by comptroller general ,the ,secretary of the ,treasury1 the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system1 and the ,director of the ,federal ,insurance ,office shall submit to the ,comptroller ,general of the ,united ,states the report described in subparagraph 7,a7 for review4 7#d7 ,report on promoting transparency ,not later than #ahj days after the date of enactment of this title1 the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system and the ,secretary of the ,treasury1 or their designees1 shall submit a report and provide testimony to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives on the efforts of the ,secretary of the ,treasury and the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system to improve transparency at any international insurance standard-setting bodies in which they participate4 ,e ,improving the ,federal ,reserve ,system #ifa4 ,reports to ,congress ,section #b;,b of the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #bbe;b7 is amended by striking subsection 7b7 and inserting the following3 7b7 ,quarterly reports to ,congress 7#a7 ,in general ,the ,federal ,open ,market ,committee shall1 on a quarterly basis1 and in such a manner that #a report is submitted concurrently with each semi-annual hearing required by subsection 7a71 submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives a report explaining the policy decisions of the ,committee over the prior quarter and the basis for those decisions4 7#b7 ,contents ,the report described in paragraph 7#a7 shall include-- 7,a7 a detailed analysis of the conduct of monetary policy and economic developments and prospects for the future1 taking into account past and prospective developments in-- 7i7 employment2 7ii7 unemployment2 7iii7 production2 7iv7 investment2 7v7 real income2 7vi7 productivity2 7vii7 exchange rates2 7viii7 international trade and payments2 7ix7 prices2 7x7 inflation expectations2 7xi7 credit conditions2 and 7xii7 interest rates2 7,b7 a description of any monetary policy rule or rules used or considered by the ,committee that provides or provide the basis for monetary policy decisions1 including short-term interest rate targets set by the ,committee1 open market operations authorized under section #ad1 and interest rates established by the ,committee pursuant to section #ai7;b77#ab71 and such description shall include1 at a minimum1 for each rule1 a mathematical formula that models how monetary policy instruments will be adjusted based on changes in quantitative inputs2 7,c7 a description of any additional strategy or strategies1 if any such exist1 used by the ,committee1 separate from or supplementary to any rule or rules described in subparagraph 7,b71 to affect monetary policy2 7,d7 a detailed explanation of-- 7i7 any deviation in the rule or rules described in subparagraph 7,b7 in the current report from any rule or rules described in subparagraph 7,b7 in the most recent quarterly report2 and 7ii7 any deviation in the strategy or strategies described in subparagraph 7,c7 in the current report from any strategy or strategies described in subparagraph 7,c7 in the most recent quarterly report2 7,e7 a description of any instruments used to execute monetary policy by employees of the ,federal ,reserve ,system at the direction of the ,committee1 and how such instruments have been used2 7,f7 a description of the outlook for monetary policy over the short term1 medium term1 and long term2 and 7,g7 projections of inflation and economic growth over the short term1 medium term1 and long term4 7#c7 ,dissent ,a member of the ,committee described in section #ab;,a7a7 may-- 7,a7 dissent from the report submitted under paragraph 7#a7 in whole or in part2 7,b7 write a dissent expressing the views of the member1 which shall be included as part of the report submitted to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives2 and 7,c7 sign a dissent written by another member of the ,committee to express support for views contained in such dissent4 4 #ifb4 ,testimony2 votes2 staff 7a7 ,testimony2 votes ,section #aj of the ,federal ,reserve ,act is amended-- 7#a7 in paragraph 7#aa71 as redesignated by section #iii;,f7v7 of this title1 by inserting at the end the following3 ,in the event that no member of the ,board is serving as ,vice ,chairman for ,supervision at the time such appearance is required1 the ,chairman of the ,board of ,governors shall appear before each ,committee in the place of the ,vice ,chairman for ,supervision42 and 7#b7 by adding at the end the following3 7#ab7 7,a7 ,the ,board of ,governors of the ,federal ,reserve ,system shall1 on a nondelegable basis1 vote on whether to issue any civil money penalty assessment order or settle any other enforcement action if the issuance of such order or settlement of such action involves the payment of not less than #a1jjj1jjj in compensation1 penalties1 fines1 or other payments4 7,b7 ,the results of the vote of each member of the ,board under subparagraph 7,a7 shall promptly be made publicly available on the website of the ,board4 4 7b7 ,delegation of authorities2 staff ,section #aa of the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #bdh7 is amended-- 7#a7 in subsection 7k71 by inserting and except as otherwise provided in section #aj7ab77;,a71 after credit policies12 and 7#b7 in subsection 7l71 by inserting 8,of amounts made available for employees of the ,board of ,governors under this subsection1 each member of the ,board of ,governors may employ not more than #d individuals1 with such individuals selected by such member and the salaries of such individuals set by such member4'' after the period at the end4 #ifc4 ,transparency at the ,federal ,open ,market ,committee ,section #ab;,a of the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #bfc7 is amended by adding at the end the following3 7d7 ,not later than #c years after the date on which a meeting of the ,committee is held1 the ,committee shall publish the transcript of the meeting4 4 #ifd4 ,interest rates on balances maintained at a ,federal ,reserve bank by depository institutions ,section #ai7;b77#ab77;,a7 of the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #dfa7;b77#ab77;,a77 is amended by inserting established by the ,federal ,open ,market ,committee after rate or rates4 #ife4 ,commission for restructuring the ,federal ,reserve ,system 7a7 ,establishment ,there is established an independent commission to be known as the ,federal ,reserve ,system ,restructuring ,commission 7referred to in this section as the ,commission74 7b7 ,membership 7#a7 ,in general ,the ,commission shall be composed of #g members as follows3 7,a7 #b members appointed by the ,speaker of the ,house of ,representatives4 7,b7 #b members appointed by the majority leader of the ,senate4 7,c7 #a member appointed by the minority leader of the ,house of ,representatives4 7,d7 #a member appointed by the minority leader of the ,senate4 7,e7 #a member appointed by the ,president4 7#b7 ,chairman ,once the members of the ,commission have been appointed1 the members shall designate #a of the members to be ,chairman of the ,commission4 7#c7 ,vacancies ,any vacancy in the ,commission shall be filled in the same manner as the original appointment4 7c7 ,duties 7#a7 ,study 7,a7 ,in general ,the ,commission shall conduct a study on whether it is appropriate to restructure the ,federal ,reserve districts1 including an analysis on potential benefits and costs of restructuring4 7,b7 ,considerations ,in determining whether such restructuring is appropriate1 the ,commission shall specifically consider the impact of restructuring with respect to-- 7i7 maximizing operational effectiveness within the ,federal ,reserve ,system while minimizing operational costs2 7ii7 maximizing the effectiveness of supervisory and regulatory functions while minimizing potential for regulatory capture2 and 7iii7 monetary policy decision-making4 7,c7 ,proposals ,the ,commission shall-- 7i7 consider various proposals to restructure the existing ,federal ,reserve districts1 including proposals to-- 7,i7 increase the number of existing ,federal ,reserve districts1 including a proposal to divide the ,federal ,reserve district in which the ,federal ,reserve ,bank of ,san ,francisco is contained into #b or more separate districts while retaining the existing structure for the remaining ,federal ,reserve districts2 7,,ii7 decrease the number of existing ,federal ,reserve districts2 7,,iii7 restructure the existing ,federal ,reserve districts without increasing or decreasing the number of existing ,federal ,reserve districts2 and 7,,iv7 reassign specific functions and duties1 including supervisory and regulatory functions1 to different ,federal ,reserve banks within the ,federal ,reserve ,system1 including functions and duties performed by the ,board2 and 7ii7 determine which of the proposals considered under clause 7i7 are the optimal approaches to restructuring the existing ,federal ,reserve districts pursuant to subclauses 7,i71 7,,ii71 7,,iii71 and 7,,iv7 of clause 7i74 7#b7 ,recommendation ,the ,commission shall1 based on the proposals considered under paragraph 7#a77;,c71 develop a recommendation on the optimal organization of the ,federal ,reserve ,system that-- 7,a7 maximizes-- 7i7 the operational effectiveness within the ,federal ,reserve ,system while minimizing operational costs2 and 7ii7 the effectiveness of supervisory and regulatory functions while minimizing potential for regulatory capture2 and 7,b7 takes into account the impact of restructuring on monetary policy decision-making4 7#c7 ,report ,not later than #ah months after the date of enactment of this title1 the ,commission shall submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives1 and also furnish copies to the ,president and the ,board of ,governors of the ,federal ,reserve ,system1 a report that includes-- 7,a7 the recommendation described in paragraph 7#b72 7,b7 a description of the proposals considered under paragraph 7#a77;,c77i72 7,c7 a description of the proposals determined to be optimal under paragraph 7#a77;,c77ii72 7,d7 an analysis of the benefits and costs of each of the proposals described in subparagraph 7,b71 including1 with respect to each proposal1 an analysis of-- 7i7 the operational benefits and costs to the ,federal ,reserve ,system2 7ii7 the impact on supervision of financial institutions and nonbank financial institutions supervised by the ,federal ,reserve banks2 and 7iii7 the impact on monetary policy decision-making2 7,e7 an analysis of-- 7i7 any specific benefits and costs resulting from the increase in total number of ,federal ,reserve districts2 and 7ii7 any specific benefits and costs resulting from the decrease in total number of ,federal ,reserve districts1 including an evaluation of savings to the ,federal ,reserve ,system through streamlining and elimination of duplicated functions2 7,f7 a determination of-- 7i7 whether the benefits of restructuring the existing ,federal ,reserve districts without increasing or decreasing the number of existing ,federal ,reserve districts outweigh the costs2 7ii7 whether the benefits of increasing or decreasing the number of existing ,federal ,reserve districts outweigh the costs2 7iii7 whether the benefits of reassigning functions and duties to different ,federal ,reserve banks within the ,federal ,reserve ,system outweigh the costs2 and 7iv7 the optimal number of ,federal ,reserve districts in order for the ,federal ,reserve ,system to fulfill its statutory role in the most efficient and cost-effective manner2 and 7,g7 a description of the methodology used by the ,commission to reach the conclusions for the report4 7d7 ,powers of the commission ,the ,commission may lease space and acquire personal property to the extent funds are available4 7e7 ,commission personnel matters 7#a7 ,compensation of members 7,a7 ,in general ,except as provided in subparagraph 7,b71 each member of the ,commission who is not an officer or employee of the ,federal ,government shall be compensated at a rate equal to the daily equivalent of the annual rate of basic pay prescribed for level ,,iv of the ,executive ,schedule under section #ecae of title #e1 ,united ,states ,code1 for each day 7including travel time7 during which such member is engaged in the performance of the duties of the ,commission4 ,all members of the ,commission who are officers or employees of the ,united ,states shall serve without compensation in addition to that received for their services as officers or employees of the ,united ,states4 7,b7 ,compensation of chairman ,the ,chairman of the ,commission shall be compensated at a rate equal to the daily equivalent of the minimum annual rate of basic pay payable for level ,,iii of the ,executive ,schedule under section #ecad1 of title #e1 ,united ,states ,code4 7#b7 ,travel expenses ,the members of the ,commission shall be allowed travel expenses1 including per diem in lieu of subsistence1 at rates authorized for employees of agencies under subchapter ,i of chapter #eg of title #e1 ,united ,states ,code1 while away from their homes or regular places of business in the performance of services for the ,commission4 7#c7 ,director and staff 7,a7 ,director of staff ,the ,commission shall appoint a ,director1 who shall be paid at the rate of basic pay payable for level ,,iv of the ,executive ,schedule under section #ecae of title #e1 ,united ,states ,code4 7,b7 ,staff 7i7 ,in general ,subject to clauses 7ii7 and 7iii71 the ,director1 with the approval of the ,commission1 may appoint and fix the pay of additional personnel4 7ii7 ,applicability ,the ,director may make such appointments without regard to the provisions of title #e1 ,united ,states ,code1 governing appointments in the competitive service1 and any personnel so appointed may be paid without regard to the provisions of chapter #ea and subchapter ,,iii of chapter #ec of that title relating to classification and ,general ,schedule pay rates1 except that an individual so appointed may not receive pay in excess of the annual rate of basic pay prescribed for level ,v of the ,executive ,schedule under section #ecaf of that title4 7iii7 ,detail of government employees 7,i7 ,in general ,upon request of the ,director1 the head of any ,federal department or agency1 including the ,comptroller ,general of the ,united ,states1 may detail any of the personnel of that department or agency to the ,commission to assist the ,commission in carrying out its duties under this section4 7,,ii7 ,limitations 7aa7 ,detail of employees from federal reserve system ,not more than #a_/e of the personnel employed by or detailed to the ,commission may be on detail from the ,federal ,reserve ,system4 7bb7 ,detail of employees from other federal agencies ,not more than #a_/e of the personnel employed by or detailed to the ,commission may be on detail from any ,federal department or agency other than the ,federal ,reserve ,system4 7iv7 ,experts and consultants ,the ,commission may procure by contract the temporary or intermittent services of experts or consultants pursuant to section #caji7;b7 of title #e1 ,united ,states ,code1 at rates for individuals which do not to exceed the daily equivalent of the annual rate of basic pay for a comparable position paid under the ,general ,schedule4 7,c7 ,rule of construction ,any individual employed by the ,commission under this paragraph1 including any expert or consultant under contract pursuant to subparagraph 7,b77iv71 shall be considered staff for the duration of such employment of such individual for the purposes of this section4 7f7 ,prohibition against restricting communications ,no person may restrict an employee of the ,federal ,reserve ,system from communicating with a member or staff of the ,commission1 and no person may take 7or threaten to take7 an unfavorable personnel action1 or withhold 7or threaten to withhold7 a favorable personnel action1 as a reprisal for such communication4 7g7 ,confidential information ,no member or staff of the ,commission shall request1 either in writing or verbally1 that any employee of the ,federal ,reserve ,system provide-- 7#a7 nonpublic information or documents concerning or related to monetary policy deliberations2 or 7#b7 confidential supervisory information4 7h7 ,disclosure of nonpublic information ,any member or staff of the ,commission that obtains nonpublic information from the ,federal ,reserve ,system or any employee of the ,federal ,reserve ,system shall maintain the confidentiality of such information4 7i7 ,audit 7#a7 ,in general ,the ,comptroller ,general of the ,united ,states shall annually audit the financial transactions of the ,commission in accordance with the ,united ,states generally accepted government auditing standards1 as may be prescribed by the ,comptroller ,general of the ,united ,states4 7#b7 ,location of audit ,an audit under paragraph 7#a7 shall be conducted at any place where accounts of the ,commission are normally kept4 7#c7 ,access 7,a7 ,in general ,the representatives of the ,government ,accountability ,office shall have access1 in accordance with section #gaf7;c7 of title #ca1 ,united ,states ,code1 to-- 7i7 the ,chairman of the ,commission1 members of the ,commission1 and staff of the ,commission2 and 7ii7 all books1 accounts1 documents1 papers1 records 7including electronic records71 reports1 files1 property1 or other information belonging to or under the control of or used or employed by the ,commission pertaining to its financial transactions and necessary to facilitate the audit4 7,b7 ,verification of transactions ,representatives of the ,government ,accountability ,office shall be afforded full facilities for verifying transactions with the balances or securities held by depositories1 fiscal agents1 and custodians4 7#d7 ,custody of documents and property ,all books1 accounts1 documents1 papers1 records1 reports1 files1 property1 or other information described in paragraph 7#c77;,a77ii7 shall remain in possession and custody of the ,commission4 7#e7 ,copies ,the ,comptroller ,general of the ,united ,states may make copies of any books1 accounts1 documents1 papers1 records1 reports1 files1 property1 or other information described in paragraph 7#c77;,a77ii7 without cost to the ,comptroller ,general4 7#f7 ,services ,in conducting an audit under this subsection1 the ,comptroller ,general of the ,united ,states may employ by contract1 without regard to section #cgji of the ,revised ,statutes 7#da ,u4,s4,c4 #faja71 professional services of firms and organizations of certified public accountants for temporary periods or for special purposes4 7#g7 ,reimbursement 7,a7 ,in general ,upon the request of the ,comptroller ,general of the ,united ,states1 the ,chairman of the ,commission shall transfer to the ,government ,accountability ,office from funds made available to the ,commission the amount requested by the ,comptroller ,general to cover the full costs of any audit and report conducted by the ,comptroller ,general4 7,b7 ,credit ,the ,comptroller ,general of the ,united ,states shall credit funds transferred under subparagraph 7,a7 to the account established for salaries and expenses of the ,government ,accountability ,office1 and such amount shall be available upon receipt and without fiscal year limitation to cover the full costs of the audit and report4 7#h7 ,report ,the ,comptroller ,general of the ,united ,states shall submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives1 and also furnish copies to the ,president and the ,commission1 a report of each annual audit conducted under this subsection1 including-- 7,a7 the scope of the audit2 7,b7 the statement of assets and liabilities and surplus or deficit2 7,c7 the statement of income and expenses2 7,d7 the statement of sources and application of funds2 7,e7 such comments and information as the ,comptroller ,general determines is necessary to inform the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives of the financial operations and condition of the ,commission2 and 7,f7 such recommendations that the ,comptroller ,general may deem advisable4 7j7 ,termination ,the ,commission shall terminate not later than on ,december #ca1 #bjbj4 7k7 ,funding 7#a7 ,in general ,beginning on the first quarter of the fiscal year after the date on which the ,commission is established1 and in each quarter of a fiscal year thereafter1 the ,board of ,governors of the ,federal ,reserve ,system shall transfer to the ,commission1 from the combined earnings of the ,federal ,reserve ,system1 the amount determined by the ,chairman of the ,commission to be reasonably necessary to carry out the authorities of the ,commission pursuant to this section1 taking into account such other sums made available to the ,commission in preceding quarters1 to be available without fiscal year limitation and not subject to appropriation4 7#b7 ,reviewability ,notwithstanding any other provision in this section1 the funds derived from the ,federal ,reserve ,system pursuant to this subsection shall not be subject to review by the ,committee on ,appropriations of the ,senate or the ,committee on ,appropriations of the ,house of ,representatives4 7l7 ,federal reserve districts ,the first undesignated paragraph of section #b of the ,federal ,reserve ,act 7#ch ,stat4 #bea1 chapter #f7 is amended by inserting 1 except as otherwise provided under section #ife of the ,financial ,regulatory ,improvement ,act of #bjae after organized4 #iff4 ,,gao study on supervision 7a7 ,in general ,the ,comptroller ,general of the ,united ,states shall conduct a study on the effectiveness of supervision by the ,board of ,governors of the ,federal ,reserve ,system and each ,federal ,reserve bank of-- 7#a7 bank holding companies subject to the requirements of section #afe of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecfe7 on the date of enactment of this title2 and 7#b7 nonbank financial companies subject to a determination under subsection 7a7 or 7b7 of section #aac of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecbc74 7b7 ,report ,not later than #ah months after the date of enactment of this title1 the ,comptroller ,general of the ,united ,states shall submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives a report based on the study required under subsection 7a7 that includes-- 7#a7 an analysis of-- 7,a7 the effectiveness of the delegation of functions by the ,board of ,governors of the ,federal ,reserve ,system in accordance with section #aa7k7 of the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #bdh7k772 7,b7 the effectiveness of supervision delegated to each ,federal ,reserve bank by the ,board of ,governors of the ,federal ,reserve ,system1 including whether and how the relationships between each ,federal ,reserve bank and the institutions that each ,federal ,reserve bank supervises impact the effectiveness of supervision2 7,c7 the propriety of the relationship between each ,federal ,reserve bank and the institutions that each ,federal ,reserve bank supervises1 including any potential conflicts of interest1 and whether and how such relationships impact the effectiveness of supervision2 7,d7 the role played by the ,large ,institution ,supervision ,coordinating ,committee of the ,board of ,governors of the ,federal ,reserve ,system1 the interactions between the ,committee and the ,federal ,reserve banks1 and the effectiveness of the ,committee2 and 7,e7 any other factors that could negatively influence the effectiveness of supervision by any ,federal ,reserve bank or the ,board of ,governors of the ,federal ,reserve ,system2 7#b7 an evaluation of whether additional steps should be taken by the ,board of ,governors of the ,federal ,reserve ,system1 each ,federal ,reserve bank1 or ,congress to improve the effectiveness of supervision at each ,federal ,reserve bank and the ,board of ,governors of the ,federal ,reserve ,system2 and 7#c7 recommendations to improve the effectiveness of supervision at each ,federal ,reserve bank and the ,board of ,governors of the ,federal ,reserve ,system4 7c7 ,evaluation ,as part of the study required under subsection 7a71 the ,comptroller ,general of the ,united ,states shall separately evaluate the effectiveness of supervision at the ,board of ,governors of the ,federal ,reserve ,system and at each ,federal ,reserve bank4 #ifg4 ,federal ,reserve study on nonbank supervision 7a7 ,in general ,not later than #ahj days after the date of enactment of this title1 and not less than once every #b years thereafter1 the ,board of ,governors of the ,federal ,reserve ,system shall submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives a report regarding how the ,board plans to supervise and regulate nonbank financial companies subject to a determination under subsection 7a7 or 7b7 of section #aac of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecbc7 that includes1 with respect to nonbank financial companies-- 7#a7 a specific supervisory and regulatory framework1 differentiating among nonbank financial companies on an individual basis or by category1 taking into consideration the capital structure1 riskiness1 complexity 7including the financial activities of any subsidiaries71 size1 and any other risk-related factors that the ,board of ,governors of the ,federal ,reserve ,system determines is appropriate2 7#b7 an assessment of the relevant experience and expertise of staff of the ,federal ,reserve ,system assigned to such supervision and regulation2 7#c7 a description of-- 7,a7 the method for evaluating safety and soundness2 7,b7 the frequency of examinations2 7,c7 the criteria that will be examined2 and 7,d7 coordination with ,federal and ,state regulators1 including efforts to minimize duplicative supervision and regulation1 if appropriate2 and 7#d7 an explanation of how the approach to supervision and regulation of nonbank financial companies differs from supervision and regulation of bank holding companies and member banks4 7b7 ,sunset ,this section shall terminate on the date that is #aj years after the date of enactment of this title4 #ifh4 ,federal ,reserve bank governance 7a7 ,in general ,section #d of the ,federal ,reserve ,act is amended-- 7#a7 in paragraph 7#d7 7#ab ,u4,s4,c4 #cda7-- 7,a7 by striking power-- and inserting power1 except as provided in paragraph 7#be7--2 and 7,b7 by inserting except that the first vice president of the ,federal ,reserve ,bank of ,new ,york shall be appointed by the ,class ,b and ,class ,c directors of the bank1 with the approval of the ,board of ,governors of the ,federal ,reserve ,system1 for a term of #e years1 after as the president12 and 7#b7 by adding at the end the following3 7#be7 ,selection of the ,president of the ,federal ,reserve ,bank of ,new ,york ,notwithstanding any other provision of this section1 the president of the ,federal ,reserve ,bank of ,new ,york shall be appointed by the ,president1 by and with the advice and consent of the ,senate1 for terms of #e years4 7#bf7 ,testimony ,the president of the ,federal ,reserve ,bank of ,new ,york1 on an annual basis1 shall provide testimony to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives4 4 7b7 ,effective date ,the amendments made by subsection 7a7 shall take effect on the date of enactment of this title and apply to appointments for the president of the ,federal ,reserve ,bank of ,new ,york made on and after that effective date4 ,f ,improved access to capital and tailored regulation in the financial markets #iga4 ,holding company registration threshold equalization ,the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #gh;a et seq47 is amended-- 7#a7 in section #ab7;g7 7#ae ,u4,s4,c4 #ghl7g77-- 7,a7 in paragraph 7#a77;,b71 by inserting 1 a savings and loan holding company 7as defined in section #aj7;a7 of the ,home ,owners' ,loan ,act 7#ab ,u4,s4,c4 #adfg;a7a7771 after is a bank2 and 7,b7 in paragraph 7#d71 by inserting 1 a savings and loan holding company 7as defined in section #aj7;a7 of the ,home ,owners' ,loan ,act 7#ab ,u4,s4,c4 #adfg;a7a7771 after case of a bank2 and 7#b7 in section #ae7;d77#a7 7#ae ,u4,s4,c4 #gho7d77#a771 by striking case of bank and inserting case of a bank1 a savings and loan holding company 7as defined in section #aj7;a7 of the ,home ,owners' ,loan ,act 7#ab ,u4,s4,c4 #adfg;a7a77714 #igb4 ,increased threshold for disclosures relating to compensatory benefit plans ,not later than #fj days after the date of enactment of this title1 the ,securities and ,exchange ,commission shall revise section #bcj4gja7;e7 of title #ag1 ,code of ,federal ,regulations1 to increase from #e1jjj1jjj to #aj1jjj1jjj the aggregate sales price or amount of securities sold during any consecutive #ab-month period in excess of which the issuer is required under such section to deliver an additional disclosure to investors4 ,the ,securities and ,exchange ,commission shall index for inflation such aggregate sales price or amount every #e years to reflect the change in the ,consumer ,price ,index for ,all ,urban ,consumers published by the ,bureau of ,labor ,statistics1 rounding to the nearest #a1jjj1jjj4 #igc4 ,repeal of indemnification requirements 7a7 ,derivatives clearing organizations ,section #e;b7k77#e7 of the ,commodity ,exchange ,act 7#g ,u4,s4,c4 #g;a-#a7k77#e77 is amended to read as follows3 7#e7 ,confidentiality agreement ,before the ,commission may share information with any entity described in paragraph 7#d71 the ,commission shall receive a written agreement from each entity stating that the entity shall abide by the confidentiality requirements described in section #h relating to the information on swap transactions that is provided4 4 7b7 ,swap data repositories ,section #ba7;d7 of the ,commodity ,exchange ,act 7#g ,u4,s4,c4 #bd;a7d77 is amended to read as follows3 7d7 ,confidentiality agreement ,before the swap data repository may share information with any entity described in subsection 7c77#g71 the swap data repository shall receive a written agreement from each entity stating that the entity shall abide by the confidentiality requirements described in section #h relating to the information on swap transactions that is provided4 4 7c7 ,security-based swap data repositories ,section #ac7n77#e7 of the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #ghm7n77#e77 is amended-- 7#a7 in subparagraph 7,g7-- 7,a7 in the matter preceding clause 7i71 by striking all and inserting security-based swap2 and 7,b7 in clause 7v7-- 7i7 in subclause 7,,ii71 by striking 2 and and inserting a semicolon2 7ii7 in subclause 7,,iii71 by striking the period at the end and inserting 2 and2 and 7iii7 by adding at the end the following3 7,,iv7 other foreign authorities4 2 and 7#b7 by striking subparagraph 7,h7 and inserting the following3 7,h7 ,confidentiality agreement ,before the security-based swap data repository may share information with any entity described in subparagraph 7,g71 the security-based swap data repository shall receive a written agreement from each entity stating that the entity shall abide by the confidentiality requirements described in section #bd relating to the information on security-based swap transactions that is provided4 4 7d7 ,effective date ,the amendments made by this section shall take effect as if enacted as part of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7,public ,law #aaa-bjc74 #igd4 ,improving access to capital for emerging growth companies ,section #f7;e77#a7 of the ,securities ,act of #aicc 7#ae ,u4,s4,c4 #gg;f7e77#a77 is amended by adding at the end the following3 ,an issuer that was an emerging growth company at the time it submitted a confidential registration statement or1 in lieu thereof1 a publicly filed registration statement for review under this subsection but ceases to be an emerging growth company thereafter shall continue to be treated as an emerging growth company for the purposes of this subsection through the earlier of the date on which the issuer consummates its initial public offering pursuant to such registration statement or the end of the #a-year period beginning on the date on which the company ceases to be an emerging growth company44 ,g ,taxpayer protections and market access for mortgage finance #iha4 ,definitions ,in this title3 7#a7 ,agency ,the term ,agency means the ,federal ,housing ,finance ,agency4 7#b7 ,back-end risk sharing ,the term back-end risk sharing means any risk-sharing transaction that allows an enterprise to share single-family mortgage credit risk that is on the balance sheet of the enterprise with the private sector4 7#c7 ,board of ,directors ,the term ,board of ,directors means the ,board of ,directors established under section #ihe7;c77#a74 7#d7 ,common securitization solutions ,the term ,common ,securitization ,solutions or ,,css means ,common ,securitization ,solutions1 ,,llc1 the joint venture formed by the enterprises in ,october #bjac1 or any successor to ,common ,securitization ,solutions1 ,,llc1 that is a joint venture of the enterprises4 7#e7 ,contractual and disclosure framework ,the term contractual and disclosure framework means a contractual and disclosure framework for securitization of mortgage loans by an entity other than an enterprise4 7#f7 ,enterprise ,the term enterprise has the meaning given that term in section #acjc of the ,federal ,housing ,enterprises ,financial ,safety and ,soundness ,act of #aiib 7#ab ,u4,s4,c4 #dejb74 7#g7 ,first loss position2 front-end risk sharing2 risk-sharing transaction ,the terms first loss position1 front-end risk sharing1 and risk-sharing transaction have the meanings given those terms in section #acbh7;a7 of the ,federal ,housing ,enterprises ,financial ,safety and ,soundness ,act of #aiib1 as added by section #ihf7;b77#a74 7#h7 ,guarantee fee ,the term guarantee fee-- 7,a7 means a fee in connection with any guarantee of the timely payment of principal and interest on securities1 notes1 and other obligations based on or backed by mortgages on residential real properties designed principally for occupancy of from #a to #d families2 and 7,b7 includes-- 7i7 the guaranty fee charged by the ,federal ,national ,mortgage ,association with respect to mortgage-backed securities2 and 7ii7 the management and guarantee fee charged by the ,federal ,home ,loan ,mortgage ,corporation with respect to participation certificates4 7#i7 ,platform ,the term ,platform means the securitization platform first described by the paper issued by the ,agency on ,october #d1 #bjab entitled ,building a ,new ,infrastructure for the ,secondary ,mortgage ,market1 and updated in subsequent documents released by the ,agency1 including annual strategic plans for the conservatorship of the enterprises and annual conservatorship scorecards4 7#aj7 ,private successor ,the term private successor means the private1 nonprofit entity referred to in section #ihe7;g7 to which ,,css transitions the ,platform and the contractual and disclosure framework1 including any associated intellectual property1 technology1 systems1 and infrastructure1 in accordance with this title4 7#aa7 ,second loss position ,the term second loss position means1 with respect to a risk-sharing transaction1 the position to which any credit losses on a security resulting from the nonperformance of underlying mortgage loans will accrue and be absorbed after a first loss position1 to the full extent of a holder's interest in such position4 7#ab7 ,secretary ,the term ,secretary means the ,secretary of the ,treasury4 7#ac7 ,senior preferred stock purchase agreement ,the term ,senior ,preferred ,stock ,purchase ,agreement means-- 7,a7 the ,amended and ,restated ,senior ,preferred ,stock ,purchase ,agreement1 dated ,september #bf1 #bjjh1 as such ,agreement has been amended on ,may #f1 #bjji1 ,december #bd1 #bjji1 and ,august #ag1 #bjab1 respectively1 and as such ,agreement may be further amended and restated1 entered into between the ,department of the ,treasury and each enterprise1 as applicable2 and 7,b7 any provision of any certificate in connection with such ,agreement creating or designating the terms1 powers1 preferences1 privileges1 limitations1 or any other conditions of the ,variable ,liquidation ,preference ,senior ,preferred ,stock of an enterprise issued or sold pursuant to such ,agreement4 #ihb4 ,prohibiting the use of guarantee fees as an offset 7a7 ,in general ,in the ,senate and the ,house of ,representatives1 for purposes of determining budgetary impacts to evaluate points of order under the ,congressional ,budget ,act of #aigd1 any previous budget resolution1 and any subsequent budget resolution1 provisions contained in any bill1 resolution1 amendment1 motion1 or conference report that increase1 or extend the increase of1 any guarantee fee of an enterprise shall not be scored with respect to the level of budget authority1 outlays1 or revenues contained in such legislation4 7b7 ,exception ,the prohibition in subsection 7a7 shall not apply to any legislation that-- 7#a7 includes a specific instruction to the ,secretary on the sale1 transfer1 relinquishment1 liquidation1 divestiture1 or other disposition of senior preferred stock acquired pursuant to the ,senior ,preferred ,stock ,purchase ,agreement2 and 7#b7 provides for an increase1 or extension of an increase1 of any guarantee fee of an enterprise to be used for the purpose of financing reforms to the secondary mortgage market4 #ihc4 ,limitations on sale of preferred stock ,notwithstanding any other provision of law or any provision of the ,senior ,preferred ,stock ,purchase ,agreement1 the ,secretary may not sell1 transfer1 relinquish1 liquidate1 divest1 or otherwise dispose of any outstanding shares of senior preferred stock acquired pursuant to the ,senior ,preferred ,stock ,purchase ,agreement1 until such time as ,congress has passed and the ,president has signed into law legislation that includes a specific instruction to the ,secretary regarding the sale1 transfer1 relinquishment1 liquidation1 divestiture1 or other disposition of the senior preferred stock so acquired4 #ihd4 ,secondary market advisory committee ,not later than #ij days after the date of enactment of this title1 the ,agency shall direct the enterprises and ,,css to establish the ,secondary ,market ,advisory ,committee1 which shall-- 7#a7 provide advice to the enterprises and ,,css on decisions relating to the development of secondary mortgage market infrastructure2 and 7#b7 include private market participants representing multiple aspects of the mortgage market1 including mortgage lenders1 poolers of mortgage-backed securities1 and investors of mortgage-backed securities4 #ihe4 ,securitization platform 7a7 ,sense of ,congress ,it is the sense of ,congress that-- 7#a7 at the direction of the ,agency1 the enterprises have established a joint venture called ,common ,securitization ,solutions intended to facilitate the issuance of mortgage-backed securities through the ,platform2 7#b7 at the direction of the ,agency1 the development of the ,platform is currently geared toward the issuance of mortgage-backed securities by the enterprises2 7#c7 as soon as practicable1 the capacity and functionality of the ,platform should be expanded to facilitate the issuance of mortgage-backed securities by issuers other than the enterprises1 and ,,css should undertake to develop the contractual and disclosure framework for issuers other than the enterprises2 7#d7 the property of the enterprises1 including intellectual property1 technology1 systems1 and infrastructure 7including technology1 systems1 and infrastructure developed by the enterprises for the ,platform71 as well as any other legacy systems1 infrastructure1 processes1 and the ,platform itself are valuable assets of the enterprises2 and 7#e7 the enterprises should receive appropriate compensation for the transfer of any such assets4 7b7 ,reports to congress 7#a7 ,annual report on development ,not later than #a year after the date of enactment of this title1 and every year thereafter1 the ,agency shall submit to ,congress a report on the status of the development of the ,platform and the contractual and disclosure framework1 which shall include-- 7,a7 the projected timelines for-- 7i7 completing development of the ,platform to support the securitization needs of the enterprises2 and 7ii7 completing development of the ,platform and the contractual and disclosure framework to support the securitization needs of issuers other than the enterprises2 and 7,b7 the projected budget for the development of the ,platform and the contractual and disclosure framework4 7#b7 ,report on transition ,not later than #c years after the date of enactment of this title1 the ,agency shall develop a plan1 and submit to the ,committee on ,banking1 ,housing and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives a report on such plan1 to transition the ,platform and the contractual and disclosure framework from a joint venture owned by the enterprises into a private1 nonprofit entity that best facilitates a deep1 liquid1 and resilient secondary mortgage market for mortgage-backed securities4 7c7 ,board of directors 7#a7 ,establishment ,not later than #f months after the date of enactment of this title1 the ,agency shall direct the enterprises and ,,css to re-constitute a ,,css ,board of ,directors that meets the composition requirements set forth in paragraphs 7#b7 and 7#c74 7#b7 ,composition after #a year ,not later than #a year after the date of enactment of this title1 as determined by the ,agency1 the ,board of ,directors shall be comprised of #g directors1 #c of whom-- 7,a7 shall have demonstrated knowledge of1 or experience in1 financial management1 financial services1 risk management1 information technology1 or housing finance2 and 7,b7 are not simultaneously employed by an enterprise or serving as a director of an enterprise4 7#c7 ,composition after #ah months ,not later than #ah months after the date of enactment of this title1 as determined by the ,agency1 the ,board of ,directors shall be comprised of #i directors1 #e of whom-- 7,a7 shall have demonstrated knowledge of1 or experience in1 financial management1 financial services1 risk management1 information technology1 or housing finance2 and 7,b7 are not simultaneously employed by an enterprise or serving as a director of an enterprise4 7d7 ,authorized and prohibited activities 7#a7 ,authorized activities 7,a7 ,in general ,not later than #b years after the date of enactment of this title1 ,,css shall-- 7i7 for an entity other than an enterprise1 develop standards for-- 7,i7 becoming an approved issuer of securities issued through the ,platform2 7,,ii7 loans that may serve as collateral for securities issued through the ,platform2 and 7,,iii7 originating1 servicing1 pooling1 dispute resolution1 disclosure1 and securitizing residential mortgage loans that collateralize securities issued through the ,platform2 and 7ii7 operate and maintain the ,platform and establish fees for use of the ,platform4 7,b7 ,issuing securities by approved issuers ,not later than #c years after the date of enactment of this title-- 7i7 ,,css shall facilitate the issuance of securities by any approved issuer other than an enterprise through the ,platform2 and 7ii7 issuances of securities facilitated through the ,platform shall not be limited to those made by the enterprises4 7,c7 ,exception ,the ,director may delay the requirement under subparagraph 7,b7 for #b #a-year periods if the ,director and the ,secretary of the ,treasury-- 7i7 determine that facilitation of such securities is not feasible within that period of time and could adversely impact the housing market2 and 7ii7 submit to ,congress a report describing the justification for the determination made in clause 7i74 7#b7 ,prohibited activities ,,css may not1 through the ,platform or otherwise-- 7,a7 guarantee any mortgage loans or mortgage-backed securities2 7,b7 assume or hold mortgage loan credit risk2 7,c7 purchase any mortgage loans for cash on a single loan basis for the purpose of securitization2 7,d7 own or hold any mortgage loans or mortgage-backed securities for investment purposes2 7,e7 make or be a party to any representation and warranty agreement on any mortgage loans2 or 7,f7 take lender representation and warranty risk4 7#c7 ,authorized and prohibited activities of the private successor ,all authorized and prohibited activities of ,,css under this subsection shall transfer to the private successor at the time of transition under subsection 7g71 and shall transfer to any future successor to the private successor at the time of any such transition4 7e7 ,regulation of ,,css and the private successor ,the ,agency shall have general regulatory authority over ,,css1 the private successor1 and any successor to the private successor to ensure the safety and soundness of ,,css and such successors 7f7 ,funding by the ,,fhfa and transfer of property 7#a7 ,transfer of funds from the enterprises ,at a time established by the ,agency1 the ,agency shall transfer to ,,css such funds from the enterprises as the ,agency1 after consultation with the ,board of ,directors1 determines may be reasonably necessary for ,,css to begin carrying out the activities and operations of the ,platform4 7#b7 ,transfer of property 7,a7 ,in general ,the ,agency shall direct the enterprises to transfer or sell to the ,platform any property1 including intellectual property1 technology1 systems1 and infrastructure 7including technology1 systems1 and infrastructure developed by the enterprises for the ,platform71 as well as any other legacy systems1 infrastructure1 and processes that may be necessary for the ,platform to carry out the functions and operations of the ,platform4 7,b7 ,contractual and other legal obligations ,as may be necessary for the ,agency and the enterprises to comply with legal1 contractual1 or other obligations1 the ,agency shall have the authority to require that any transfer authorized under subparagraph 7,a7 occurs as an exchange for value1 including through the provision of appropriate compensation to the enterprises or other entities responsible for creating1 or contracting with1 the ,platform4 7g7 ,transition from ,,css 7#a7 ,in general ,not later than #e years after the date of enactment of this title1 the ,agency shall oversee the transition of ownership of the ,platform and the contractual and disclosure framework from the enterprises and ,,css to a private1 nonprofit entity in accordance with the plan developed under subsection 7b77#b74 7#b7 ,board of ,directors ,the private successor shall determine the structure of the ,board of ,directors following the transition under paragraph 7#a74 7#c7 ,repayment of cost ,not later than #aj years after the date of the transition described in paragraph 7#a71 the total cost of the property transferred in accordance with subsection 7f77#b7 at the time of the transition1 as determined jointly by the ,agency and the ,secretary1 shall be repaid to the enterprises4 7h7 ,rule of construction ,nothing in this section shall be construed to prohibit the ,agency or ,,css from first developing a common securitization platform for use only by the enterprises1 if all of the provisions in this ,act relating to the development of the ,platform and the contractual and disclosure framework are complied with in a timely manner4 #ihf4 ,mandatory risk sharing 7a7 ,sense of congress ,it is the sense of ,congress that-- 7#a7 at the direction of the ,agency1 the enterprises have executed a series of transactions in which the enterprises share credit risk with the private sector2 7#b7 in the risk-sharing transactions to date1 the enterprises have shared credit risk on pools of residential mortgage loans that back securities on which an enterprise either already guarantees or does not yet guarantee the timely payment of principal and interest2 7#c7 the risk that the enterprises have shared has been either any loss suffered on the loans in the pool or any loss in excess of some minimal level on loans in the pool2 7#d7 to date1 the vast majority of risk-sharing transactions have involved either back-end risk sharing or the transfer of the second loss position2 and 7#e7 the ,agency should direct the enterprises to-- 7,a7 engage in more front-end risk sharing in which the first loss position is transferred2 and 7,b7 retain data that can help inform policymakers and the public about the impact to consumers1 the market1 and the enterprises from such transactions4 7b7 ,mandatory risk sharing 7#a7 ,in general ,subpart ,a of part #b of subtitle ,a of the ,federal ,housing ,enterprises ,financial ,safety and ,soundness ,act of #aiib 7#ab ,u4,s4,c4 #deda et seq47 is amended by adding at the end the following3 #acbh4 ,mandatory risk-sharing transactions 7a7 ,definitions ,in this section3 7#a7 ,first loss position ,the term first loss position means1 with respect to a risk-sharing transaction1 the position to which any credit loss on a security resulting from the nonperformance of underlying mortgage loans will accrue and be absorbed1 to the full extent of the holder's interest in such position4 7#b7 ,front-end risk sharing ,the term front-end risk sharing means any risk-sharing transaction that provides for an enterprise to share credit risk on a pool of single-family residential mortgage loans that back securities on which the enterprise guarantees the timely payment of principal and interest with the private sector before the enterprise provides any such guarantee4 7#c7 ,risk-sharing transaction ,the term risk-sharing transaction means any transaction that provides for an enterprise to share credit risk on a pool of single-family residential mortgage loans that back securities on which the enterprise guarantees the timely payment of principal and interest with the private sector4 7b7 ,risk-sharing transactions ,the ,director shall require each enterprise to develop and undertake risk-sharing transactions in which the first loss position is transferred1 as provided in subsection 7c74 7c7 ,required percentage of business 7#a7 ,requirement ,the ,director shall require that each enterprise engage in significant and increasing risk-sharing transactions1 including front-end risk sharing and risk-sharing transactions in which the first loss position is transferred1 considering market conditions and the safety and soundness of the enterprise4 7#b7 ,annual reporting requirement ,not later than #a year after the date of enactment of this section1 and every year thereafter1 the ,agency shall submit to ,congress a report1 which shall include-- 7,a7 for the #ab-month period preceding the date on which the report is submitted1 an assessment of the market responses to the risk-sharing transactions of each of the enterprises1 in aggregate1 and by credit risk-sharing mechanism1 including-- 7i7 impacts on borrower costs1 yield spreads1 and the economics of the operations of the enterprises2 and 7ii7 the type and characteristics of the underlying collateral and borrowers whose loans are involved in risk-sharing transactions2 and 7,b7 a #e-year plan1 which shall include1 for each of the #e years following the year in which the report is issued-- 7i7 the projected percentage of the unpaid principal balance of each enterprise covered under the credit risk-sharing program2 7ii7 the projected percentage of new business for each enterprise subject to transactions in which the first loss position is transferred1 including the types of deal structures2 7iii7 the projected depth of front-end risk sharing per type of transaction for each enterprise2 and 7iv7 a description of the steps that the ,agency intends to take to broaden the eligible investor base for credit risk-sharing programs4 4 ,h ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act technical corrections #iia4 ,table of contents2 definitional corrections 7a7 ,table of contents ,the table of contents for the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7,public ,law #aaa-bjc2 #abd ,stat4 #acgf7 is amended by striking the items relating to sections #djg through #daf and inserting the following3 ,sec4 #djg4 ,exemption of and reporting by venture capital fund advisers4,sec4 #djh4 ,exemption of and reporting by certain private fund advisers4,sec4 #dji4 ,family offices4,sec4 #daj4 ,state and ,federal responsibilities2 asset threshold for ,federal registration of investment advisers4,sec4 #daa4 ,custody of client assets4,sec4 #dab4 ,comptroller ,general study on custody rule costs4,sec4 #dac4 ,adjusting the accredited investor standard4,sec4 #dad4 ,rule of construction relating to the ,commodity ,exchange ,act4,sec4 #dae4 ,,gao study and report on accredited investors4,sec4 #daf4 ,,gao study on self-regulatory organization for private funds4,sec4 #dag4 ,commission study and report on short selling4,sec4 #dah4 ,qualified client standard4,sec4 #dai4 ,transition period4 4 7b7 ,definitions ,section #b of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #ecja7 is amended-- 7#a7 in paragraph 7#a7-- 7,a7 by striking section #c and inserting section #c7w72 and 7,b7 by striking 7#ab ,u4,s4,c4 #ahac7 and inserting 7#ab ,u4,s4,c4 #ahac7w772 7#b7 in paragraph 7#f71 by striking #a et seq4 and inserting #a;a2 and 7#c7 in paragraph 7#ah77;,a7-- 7,a7 by striking bank holding company12 and 7,b7 by inserting includes1 before including14 #iib4 ,antitrust savings clause corrections ,section #f of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #ecjc7 is amended1 in the second sentence-- 7#a7 by inserting 7#ae ,u4,s4,c4 #ab7;a77 after ,clayton ,act2 and 7#b7 by striking ,act1 to and inserting ,act 7#ae ,u4,s4,c4 #de7 to4 #iic4 ,title ,i corrections ,the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecaa et seq47 is amended-- 7#a7 in section #ajb7;a77#f7 7#ab ,u4,s4,c4 #ecaa7;a77#f771 by inserting 7#ab ,u4,s4,c4 #ahdc7k77 after of #aief each place that term appears2 7#b7 in section #aaa 7#ab ,u4,s4,c4 #ecba7-- 7,a7 in subsection 7b7-- 7i7 in paragraph 7#a77;,g71 by striking ,chairperson and inserting ,chairman2 and 7ii7 in paragraph 7#b77;,e71 by striking such and inserting the2 and 7,b7 in subsection 7c77#c71 by striking that agency or department head and inserting the head of that member agency or department2 7#c7 in section #aab 7#ab ,u4,s4,c4 #ecbb7-- 7,a7 in subsection 7a77#b7-- 7i7 in subparagraph 7,d7-- 7,i7 by striking to monitor and inserting monitor2 and 7,,ii7 by striking to advise and inserting advise2 7ii7 in subparagraph 7,j7-- 7,i7 by striking that term is and inserting those terms are2 and 7,,ii7 by striking and settlement and inserting or settlement2 and 7iii7 in subparagraph 7,l71 by striking may2 and 7,b7 in subsection 7d77#e7-- 7i7 in subparagraph 7,b71 by striking subsection and and inserting subtitle or2 and 7ii7 in subparagraph 7,c71 by striking subsection and and inserting subtitle or2 7#d7 in section #aed7;c7 7#ab ,u4,s4,c4 #ecdd7;c77-- 7,a7 by striking ,center4-- and all that follows through ,the ,research and inserting ,center4--,the ,research2 and 7,b7 by redesignating subparagraphs 7,a7 through 7,h7 as paragraphs 7#a7 through 7#h71 respectively1 and adjusting the margins accordingly2 7#e7 in section #aee7;a77#b7 7#ab ,u4,s4,c4 #ecde7;a77#b771 by striking 7c71 and inserting 7c72 7#f7 in section #afd 7#ab ,u4,s4,c4 #ecfd71 by striking ,institutions and inserting ,institution2 7#g7 in section #afg7;b77#a77;,b77ii7 7#ab ,u4,s4,c4 #ecfg7;b77#a77;,b77ii771 by striking to ensure and inserting ensure2 and 7#h7 in section #aga7;b77#d77;,d7 7#ab ,u4,s4,c4 #ecga7;b77#d77;,d771 by adding a period at the end4 #iid4 ,title ,,ii corrections ,title ,,ii of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #echa et seq47 is amended-- 7#a7 in section #baj 7#ab ,u4,s4,c4 #ecij7-- 7,a7 in subsection 7a7-- 7i7 in paragraph 7#a77;,d71 by striking wind-up and inserting wind up2 and 7ii7 in paragraph 7#e77;,c71 by striking receiver seeking and inserting receiver7 seeking2 7,b7 in subsection 7b77#a71 by striking #aa1gbe each place that term appears and inserting #aa1gbe2 7,c7 in subsection 7m77#a77;,b71 by inserting of before the ,bankruptcy ,code2 and 7,d7 in subsection 7o77#a77;,d77i77,i71 by striking and 7h77#e77;,e7 and inserting or 7h77#e77;,e72 7#b7 in section #baa7;d77#a77;,c7 7#ab ,u4,s4,c4 #ecia7;d77#a77;,c771 by striking orderly liquidation plan under section #baj7n77#ad7 and inserting an orderly liquidation plan under section #baj7n77#i72 and 7#c7 in section #bae7;a77#e7 7#abd ,stat4 #aeah71 by striking amd and inserting and4 #iie4 ,title ,,iii corrections 7a7 ,in general ,the ,enhancing ,financial ,institution ,safety and ,soundness ,act of #bjaj 7#ab ,u4,s4,c4 #edja et seq47 is amended-- 7#a7 in section #cbg7;b77#e7 7#ab ,u4,s4,c4 #edcg7;b77#e771 by striking in and inserting into2 7#b7 in section #ccc7;b77#b7 7#abd ,stat4 #aeci71 by inserting the second place that term appears before and inserting2 and 7#c7 in section #cfi7e7 7#abd ,stat4 #aeei7-- 7,a7 in subparagraph 7,d77i7-- 7i7 in subclause 7,,iii71 by redesignating items 7aa71 7bb71 and 7cc7 as subitems 7,,aa71 7,,bb71 and 7,,cc71 respectively1 and adjusting the margins accordingly2 7ii7 in subclause 7,,iv71 by redesignating items 7aa7 and 7bb7 as subitems 7,,aa7 and 7,,bb71 respectively1 and adjusting the margins accordingly2 7iii7 in subclause 7,v71 by redesignating items 7aa71 7bb71 and 7cc7 as subitems 7,,aa71 7,,bb71 and 7,,cc71 respectively1 and adjusting the margins accordingly2 and 7iv7 by redesignating subclauses 7,,iii71 7,,iv71 and 7,v7 as items 7bb71 7cc71 and 7dd71 respectively1 and adjusting the margins accordingly2 7,b7 in subparagraph 7,f7-- 7i7 in clause 7ii71 by adding and at the end2 7ii7 in clause 7iii71 by striking 2 and and inserting a semicolon2 and 7iii7 by striking clause 7iv72 and 7,c7 in subparagraph 7,g77i71 by inserting each place such term appears before and inserting4 7b7 ,effective dates 7#a7 ,section #ccc ,the amendment made by subsection 7a77#b7 of this section shall take effect as if enacted as part of subtitle ,c of the ,enhancing ,financial ,institution ,safety and ,soundness ,act of #bjaj 7title ,,iii of ,public ,law #aaa-bjc2 #abd ,stat4 #aech74 7#b7 ,section #cfi ,the amendments made by subsection 7a77#c7 of this section shall take effect as if enacted as part of subtitle ,e of the ,enhancing ,financial ,institution ,safety and ,soundness ,act of #bjaj 7title ,,iii of ,public ,law #aaa-bjc2 #abd ,stat4 #aedf74 #iif4 ,title ,,iv correction ,section #dad of the ,private ,fund ,investment ,advisers ,registration ,act of #bjaj 7title ,,iv of ,public ,law #aaa-bjc2 #abd ,stat4 #aegh7 is amended in the section heading by striking ,commodities and inserting ,commodity4 #iig4 ,title ,,vi corrections 7a7 ,in general ,the ,bank and ,savings ,association ,holding ,company and ,depository ,institution ,regulatory ,improvements ,act of #bjaj 7title ,,vi of ,public ,law #aaa-bjc2 #abd ,stat4 #aeif7 is amended-- 7#a7 in section #faj 7#abd ,stat4 #afaa7-- 7,a7 by striking subsection 7b72 and 7,b7 by redesignating subsection 7c7 as subsection 7b72 and 7#b7 in section #fah7;a7 7#ab ,u4,s4,c4 #ahej;a7a77-- 7,a7 in paragraph 7#d77;,b77i71 by inserting of ,governors after ,board2 and 7,b7 in paragraph 7#f71 by inserting 7#ab ,u4,s4,c4 #ahda7 after ,act of #aief4 7b7 ,effective date ,the amendments made by subsection 7a77#a7 of this section shall take effect as if enacted as part of section #faj of the ,bank and ,savings ,association ,holding ,company and ,depository ,institution ,regulatory ,improvements ,act of #bjaj 7title ,,vi of ,public ,law #aaa-bjc2 #abd ,stat4 #afaa74 #iih4 ,title ,,vii corrections 7a7 ,in general ,the ,wall ,street ,transparency and ,accountability ,act of #bjaj 7#ae ,u4,s4,c4 #hcja et seq47 is amended-- 7#a7 in section #gai7;c77#a77;,b7 7#ae ,u4,s4,c4 #hcjg7;c77#a77;,b771 by adding a period at the end2 7#b7 in section #gbc7;a77#a77;,b7 7#abd ,stat4 #afge71 by inserting 1 as added by section #ajg of the ,commodity ,futures ,modernization ,act of #bjjj 7,appendix ,e of ,public ,law #ajf-eed2 #aad ,stat4 #bgfc;,a-#chb71 after subsection 7i72 7#c7 in section #gbd7;a7 7#abd ,stat4 #afhb71 by striking adding at the end and inserting inserting after subsection 7e72 7#d7 in section #gcd7;b77#a7 7#abd ,stat4 #agah71 by striking is amended and all that follows through 7,b7 in and inserting is amended in2 7#e7 in section #gda7;b77#aj7 7#abd ,stat4 #agcb71 by striking #a;a7#ai77;,a77iv77,,ii7 each place that term appears and inserting #a;a7#ah77;,a77iv77,,ii72 and 7#f7 in section #gdi 7#abd ,stat4 #agdf7-- 7,a7 in subsection 7a77#b71 by striking adding at the end and inserting inserting after subsection 7f72 and 7,b7 in subsection 7h77#a77;,b71 by inserting the second place that term appears before the semicolon4 7b7 ,effective date ,the amendments made by paragraphs 7#c71 7#d71 7#e71 and 7#f7 of subsection 7a7 shall take effect as if enacted as part of part ,,ii of subtitle ,a of the ,wall ,street ,transparency and ,accountability ,act of #bjaj 7title ,,vii of ,public ,law #aaa-bjc2 #abd ,stat4 #afeh74 #iii4 ,title ,,viii corrections ,the ,payment1 ,clearing1 and ,settlement ,supervision ,act of #bjaj 7#ab ,u4,s4,c4 #edfa et seq47 is amended-- 7#a7 in section #hje7;a77#b77;,e7 7#ab ,u4,s4,c4 #edfd7;a77#b77;,e771 by striking the quotation marks at the end2 7#b7 in section #hjf 7#ab ,u4,s4,c4 #edfe7-- 7,a7 in subsection 7b71 in the first sentence1 by striking 7#b77 after and inserting 7#b777 after2 and 7,b7 in subsection 7e77#a77;,a7-- 7i7 by striking advance notice and inserting advance2 and 7ii7 by striking each ,supervisory ,agency and inserting its ,supervisory ,agency2 7#c7 in section #hjg 7#ab ,u4,s4,c4 #edff7-- 7,a7 in subsection 7d77#a71 by adding a period at the end2 and 7,b7 in subsection 7f77#b71 by inserting a comma after under the second place that term appears2 7#d7 in section #hjh7;b7 7#ab ,u4,s4,c4 #edfg7;b771 by inserting a comma after under the third place that term appears2 and 7#e7 in section #hac 7#ab ,u4,s4,c4 #edgb71 in the matter preceding paragraph 7#a71 by inserting that includes after ,representatives4 #iii;,a4 ,title ,,ix corrections ,section #ici7;h77#a7 of the ,investor ,protection and ,securities ,reform ,act of #bjaj 7title ,,ix of ,public ,law #aaa-bjc2 #abd ,stat4 #ahhg7 is amended1 in the matter preceding subparagraph 7,a7-- 7#a7 by inserting ,the before ,commission2 and 7#b7 by striking feasability and inserting feasibility4 #iii;,b4 ,title ,x corrections 7a7 ,in general ,the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #edha et seq47 is amended-- 7#a7 in section #ajjb7ab77;,g7 7#ab ,u4,s4,c4 #edha7ab77;,g771 by striking ,home ,owners and inserting ,homeowners2 7#b7 in section #ajac7;a77#a77;,c7 7#ab ,u4,s4,c4 #edic7;a77#a77;,c771 by striking section #aa7a7 of the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #bdh7a77 and inserting subsection 7l7 of section #aa of the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #bdh7l72 7#c7 in section #ajag7;a77#e7 7#ab ,u4,s4,c4 #edig7;a77#e77-- 7,a7 in subparagraph 7,a71 in the last sentence by striking #gaf7;c7 of title #ca1 ,united ,states ,code and inserting #gaf of title #ca1 ,united ,states ,code2 and 7,b7 in subparagraph 7,c71 by striking section #cgji of the ,revised ,statutes of the ,united ,states 7#da ,u4,s4,c4 #e7 and inserting section #faja of title #da1 ,united ,states ,code2 7#d7 in section #ajbb7;c77#i77;,b7 7#ab ,u4,s4,c4 #eeab7;c77#i77;,b771 by striking #aigh1 and inserting #aigh2 7#e7 in section #ajbe 7#ab ,u4,s4,c4 #eeae7-- 7,a7 in subsections 7b71 7c71 and 7d7-- 7i7 by inserting covered before persons each place that term appears2 and 7ii7 by inserting covered before person described in subsection 7a7 each place that term appears2 7,b7 in subsection 7d71 by striking #ab ,u4,s4,c4 #ahfg7;c7 and inserting 7#ab ,u4,s4,c4 #ahfg7;c772 and 7,c7 in subsection 7e77#d77;,f71 by striking #bab of the ,federal ,credit ,union ,act 7#aab ,u4,s4,c4 #agij;a7 and inserting #baf of the ,federal ,credit ,union ,act 7#ab ,u4,s4,c4 #agij;d72 7#f7 in section #ajbg7;d77#a77;,b7 7#ab ,u4,s4,c4 #eeag7;d77#a77;,b771 by inserting a comma after 7,a72 7#g7 in section #ajbi7;d7 7#ab ,u4,s4,c4 #eeai7;d771 by striking the period after ,commission ,act2 7#h7 in section #ajfa 7#ab ,u4,s4,c4 #eeha7-- 7,a7 in subsection 7b77#g7-- 7i7 by striking ,secretary of the ,department of ,housing and ,urban ,development each place that term appears and inserting ,department of ,housing and ,urban ,development2 and 7ii7 in subparagraph 7,a71 by striking 7#ab ,u4,s4,c4 #eajb et seq47 and inserting 7#ab ,u4,s4,c4 #eaja et seq472 and 7,b7 in subsection 7c77#b77;,a71 by striking procedures in and inserting procedures2 7#i7 in section #ajfc 7#ab ,u4,s4,c4 #eehc7-- 7,a7 in subsection 7f77#a77;,b71 by striking that2 and 7,b7 in subsection 7g77#a77;,a7-- 7i7 by striking 7#ab ,u4,s4,c4 #eajb et seq47 and inserting 7#ab ,u4,s4,c4 #eaja et seq472 and 7ii7 by striking seq7 and inserting seq472 7#aj7 in section #ajfd7;i77#a77;,a77iii7 7#ab ,u4,s4,c4 #eehd7;i77#a77;,a77iii771 by inserting a period before ,if an2 7#aa7 in section #ajgc7;c77#b7 7#ab ,u4,s4,c4 #efja7;c77#b77-- 7,a7 in the paragraph heading1 by inserting and education after financial literacy2 and 7,b7 by striking its duties and inserting their duties2 7#ab7 in section #ajgf7;b77#a7 7#ab ,u4,s4,c4 #efjb7;b77#a771 by inserting before the period at the end the following3 1 the ,bureau may1 after notice and opportunity for comment1 prescribe regulations2 7#ac7 in section #ajgg7;b77#d77;,f7 7#abd ,stat4 #bjgf71 by striking associates and inserting associate's2 7#ad7 in section #ajhd7a7 7#abd ,stat4 #bjha7-- 7,a7 by inserting paragraph 7#c7 of section #ijc 7#ae ,u4,s4,c4 #afic;a71 before subsections 7a7 and 7e7 of section #ijd2 7,b7 by striking and in #iah and inserting 1 section #iaf7;d7 7#ae ,u4,s4,c4 #aficm7d771 section #iah2 and 7,c7 by inserting a comma after #bjji72 7#ae7 in section #ajhi 7#abd ,stat4 #bjib7-- 7,a7 in paragraph 7#c7-- 7i7 in subparagraph 7,a71 by striking and at the end2 and 7ii7 in subparagraph 7,b77vi71 by striking the period at the end and inserting 2 and2 and 7,b7 by redesignating paragraph 7#d7 as subparagraph 7,c7 and adjusting the margins accordingly2 and 7#af7 in section #ajih7f7 7#abd ,stat4 #bajd71 by inserting the first place that term appears before and4 7b7 ,effective date ,the amendments made by paragraphs 7#ad71 7#ae71 and 7#af7 of subsection 7a7 of this section shall take effect as if enacted as part of subtitle ,h of the ,consumer ,financial ,protection ,act of #bjaj 7title ,x of ,public ,law #aaa-bjc2 #abd ,stat4 #bjhj74 #iii;,c4 ,title ,,xi correction ,section #aaje7;d77#a7 of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #efab7;d77#a77 is amended by striking authority4-- and all that follows through by the ,president and inserting authority4--,a request by the ,president4 #iii;,d4 ,title ,,xii correction ,section #abjh7;b7 of the ,improving ,access to ,mainstream ,financial ,institutions ,act of #bjaj 7#ab ,u4,s4,c4 #efbf7;b77 is amended by striking ,fund for each and inserting ,fund 7as defined in section #ajc7aj7 of the ,riegle ,community ,development and ,regulatory ,improvement ,act of #aiid 7#ab ,u4,s4,c4 #dgjb7aj777 for each4 #iii;,e4 ,title ,,xiv correction ,section #adea7;c7 of the ,mortgage ,reform and ,anti-,predatory ,lending ,act 7#ab ,u4,s4,c4 #agjax-#a7;c77 is amended by striking pursuant4 #iii;,f4 ,conforming corrections to other statutes 7a7 ,alternative mortgage transaction parity act of #aihb ,the ,alternative ,mortgage ,transaction ,parity ,act of #aihb 7#ab ,u4,s4,c4 #chja et seq47 is amended-- 7#a7 in section #hjb7;a77#c7 7#ab ,u4,s4,c4 #chja7;a77#c771 by striking the ,director of the ,office of ,thrift ,supervision and inserting the ,bureau of ,consumer ,financial ,protection2 and 7#b7 in section #hjd7;d77#a7 7#ab ,u4,s4,c4 #chjc7;d77#a77-- 7,a7 by striking identified and inserting issued2 and 7,b7 by striking the comma after ,administration4 7b7 ,bank ,holding ,company ,acts 7#a7 ,bank ,holding ,company ,act ,amendments of #aigj ,section #ajf7;b77#a7 of the ,bank ,holding ,company ,act ,amendments of #aigj 7#ab ,u4,s4,c4 #aigb7a77 is amended1 in the undesignated matter following subparagraph 7,e7-- 7,a7 by inserting ,office of the before ,comptroller of the2 and 7,b7 by striking 8,federal ,deposit ,insurance ,company0 and inserting 8,federal ,deposit ,insurance ,corporation04 7#b7 ,bank ,holding ,company ,act of #aief ,section #ac of the ,bank ,holding ,company ,act of #aief 7#ab ,u4,s4,c4 #ahea7 is amended-- 7,a7 in subsection 7d77#a77;,e71 by striking #ajb of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #ffb7 and inserting #ajc7c7 of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #ffb7c772 7,b7 in subsection 7f77#c77;,a77ii71 by striking 7d77#a77;g77v7 and inserting 7d77#a77;,g77v72 and 7,c7 in the matter preceding subparagraph 7,a7 of subsection 7h77#a71 by striking section #h of the ,international ,banking ,act of #aigh and inserting section #h7;a7 of the ,international ,banking ,act of #aigh 7#ab ,u4,s4,c4 #cajf7;a774 7c7 ,balanced ,budget and ,emergency ,deficit ,control ,act ,section #bee7;g77#a77;,a7 of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7#b ,u4,s4,c4 #ije7;g77#a77;,a77 is amended by striking ,office of ,thrift ,supervision 7#bj-dajh-j-c-cgc744 7d7 ,bretton ,woods ,agreements ,act ,section #fh7;a77#a7 of the ,bretton ,woods ,agreements ,act 7#bb ,u4,s4,c4 #bhftt7a77#a77 is amended by striking ,fund 1 and inserting ,fund14 7e7 ,,can-,,spam ,act of #bjjc ,section #g7;b77#a77;,d7 of the ,,can-,,spam ,act of #bjjc 7#ae ,u4,s4,c4 #ggjf7;b77#a77;,d77 is amended by striking ,director of the ,office of ,thrift ,supervision and inserting ,comptroller of the ,currency or the ,board of ,directors of the ,federal ,deposit ,insurance ,corporation1 as applicable4 7f7 ,children's ,online ,privacy ,protection ,act of #aiih ,section #acjf7;b77#b7 of the ,children's ,online ,privacy ,protection ,act of #aiih 7#ae ,u4,s4,c4 #feje7;b77#b77 is amended by striking ,director of the ,office of ,thrift ,supervision and inserting ,comptroller of the ,currency or the ,board of ,directors of the ,federal ,deposit ,insurance ,corporation1 as applicable4 7g7 ,commodity ,exchange ,act ,the ,commodity ,exchange ,act 7#g ,u4,s4,c4 #a et seq47 is amended-- 7#a7 in section #a;a 7#g ,u4,s4,c4 #a;a7-- 7,a7 in paragraph 7#ab77;,a77i77,,ii71 by adding a semicolon at the end2 7,b7 in paragraph 7#ci77;,a77iv71 by striking #bbe and inserting #be2 and 7,c7 in paragraph 7#dg77;,b77viii77,,ii71 by striking 7#ae ,u4,s4,c4 #gg;b7a77#aa77 and inserting 7#ae ,u4,s4,c4 #gg;b7a77#aa7772 7#b7 in section #b 7#g ,u4,s4,c4 #b7-- 7,a7 in subsection 7c77#b77;,d77ii77,i71 by striking subparagraphs and inserting subparagraph2 and 7,b7 in subsection 7h7-- 7i7 in paragraph 7#e7-- 7,i7 in subparagraph 7,a7-- 7aa7 by striking ,swaps and inserting ,each swap2 and 7bb7 by striking no later than #ahj days after the effective date of this subsection4 and inserting no later than-- 7i7 #cj days after the issuance of the interim final rule2 or 7ii7 such other date as the ,commission determines appropriate4 2 and 7,,ii7 in subparagraph 7,b71 by striking ,swaps and inserting ,each swap2 7ii7 in paragraph 7#g7-- 7,i7 in subparagraph 7,c77i77,,vii71 by inserting or a governmental plan after employee benefit plan2 and 7,,ii7 in subparagraph 7,d77ii77,v71 by striking of that ,act and inserting of that section2 and 7iii7 in paragraph 7#h77;,a77ii71 by inserting section before #e;h or2 7#c7 in section #d 7#g ,u4,s4,c4 #f7-- 7,a7 in subsection 7b77#a77;,a71 by striking commission each place that term appears and inserting ,commission2 and 7,b7 in subsection 7c77#a7-- 7i7 in subparagraph 7,a7-- 7,i7 by inserting the ,commission shall not grant exemptions1 after grant exemptions12 and 7,,ii7 in clause 7i7-- 7aa7 in subclause 7,i7-- 7,,aa7 by striking #e7;g71 #e7;h712 and 7,,bb7 by striking #h;e12 and 7bb7 in subclause 7,,ii71 by striking #bjf7;e7 and inserting #bjf2 and 7ii7 in subparagraph 7,b71 by striking 7,d77 and inserting 7,d72 7#d7 in section #d;d7f77#b77;,a7 7#g ,u4,s4,c4 #f;d7f77#b77;,a771 by striking though and inserting through2 7#e7 in section #ds 7#g ,u4,s4,c4 #fs7-- 7,a7 in subsection 7e77#c7-- 7i7 in subparagraph 7,b77i77,,ii71 by striking 7#aa77 and inserting 7#aa7772 and 7ii7 in subparagraph 7,d77ii71 in the matter preceding subclause 7,i71 by striking non cash collateral and inserting noncash collateral2 7,b7 in subsection 7f77#a77;,b77i71 by striking ,commission and inserting prudential regulator2 7,c7 in subsection 7h7-- 7i7 in paragraph 7#b77;,b71 by inserting a before swap with2 and 7ii7 in paragraph 7#e77;,a7-- 7,i7 in clause 7i7-- 7aa7 by striking section #a;a7#ah7 and inserting section #a;a7#ah77;,a72 and 7bb7 in subclause 7,,vii71 by striking act of and inserting ,act of2 and 7,,ii7 in clause 7ii71 by inserting in connection with the transaction after acting2 and 7,d7 in subsection 7k77#c77;,a77ii71 by striking the code and inserting any code2 7#f7 in section #e7;d77#ai77;,a7 7#g ,u4,s4,c4 #g7;d77#ai77;,a771 by striking taking and inserting take2 7#g7 in section #e;b 7#g ,u4,s4,c4 #g;a-#a71 by redesignating subsection 7k7 as subsection 7j72 7#h7 in section #e;c7c7 7#g ,u4,s4,c4 #g;a-#b7;c77-- 7,a7 in paragraph 7#d77;,b71 by striking #a;a7#aj7 and inserting #a;a7#i72 and 7,b7 in paragraph 7#e7-- 7i7 in subparagraph 7,a71 by striking this subtitle and inserting this ,act2 and 7ii7 in subparagraph 7,c77i71 by striking #a;a7#b77;i7 and inserting #a;a7#i72 7#i7 in section #e;h 7#g ,u4,s4,c4 #g;b-#c7-- 7,a7 in subsection 7a77#a7 1 by striking a facility and inserting a swap execution facility2 and 7,b7 in subsection 7f77#aa77;,a71 by striking taking and inserting take2 7#aj7 in section #bb7;a77#a77;,c77ii7 7#g ,u4,s4,c4 #be7;a77#a77;,c77ii771 by striking or at the end2 and 7#aa7 in section #bc 7#g ,u4,s4,c4 #bf7-- 7,a7 in subsection 7c7-- 7i7 in paragraph 7#a77;,b77i77,,iii71 by striking the ,act each place that term appears and inserting this ,act2 and 7ii7 in paragraph 7#b77;,a77i71 by striking a appropriate and inserting an appropriate2 and 7,b7 in subsection 7f77#c71 by striking #gjfd and inserting #gjf4 7h7 ,community ,reinvestment ,act of #aigg ,the ,community ,reinvestment ,act of #aigg 7#ab ,u4,s4,c4 #bija et seq47 is amended-- 7#a7 in section #hjc7a77;,c7 7#ab ,u4,s4,c4 #bijb7a77;,c771 by striking the period at the end and inserting a semicolon2 and 7#b7 in section #hjf 7#ab ,u4,s4,c4 #bije71 by striking companies11 and inserting companies14 7i7 ,credit ,repair ,organizations ,act ,section #djc7d7 of the ,credit ,repair ,organizations ,act 7#ae ,u4,s4,c4 #afgi;a7#d77 is amended by striking #ajc7;e7 and inserting #ajc7;f74 7j7 ,depository ,institution ,management ,interlocks ,act ,section #bje7i7 of the ,depository ,institution ,management ,interlocks ,act 7#ab ,u4,s4,c4 #cbjd7i77 is amended by striking ,director of the ,office of ,thrift ,supervision and inserting appropriate ,federal banking agency4 7k7 ,economic ,growth and ,regulatory ,paperwork ,reduction ,act of #aiif ,section #bbbg7;a77#a7 of the ,economic ,growth and ,regulatory ,paperwork ,reduction ,act of #aiif 7#ab ,u4,s4,c4 #beb7;a77#a77 is amended by striking the ,director of the ,office of ,thrift ,supervision14 7l7 ,electronic ,fund ,transfer ,act ,the ,electronic ,fund ,transfer ,act 7#ae ,u4,s4,c4 #afic et seq47 is amended-- 7#a7 in section #ijc 7#ae ,u4,s4,c4 #afic;a7-- 7,a7 in paragraph 7#b71 by striking #ajc7;i7 and inserting #ajc7;j72 and 7,b7 by redesignating the first paragraph designated as paragraph 7#d7 7defining the term ,board7 as paragraph 7#c72 7#b7 in section #ijd7;a7 7#ae ,u4,s4,c4 #afic;b7a77-- 7,a7 by redesignating the second paragraph designated as paragraph 7#a7 7relating to consultation with other agencies71 the second paragraph designated as paragraph 7#b7 7relating to the preparation of an analysis of economic impact71 paragraph 7#c71 and paragraph 7#d7 as subparagraphs 7,a71 7,b71 7,c71 and 7,d71 respectively1 and adjusting the margins accordingly2 7,b7 by striking ,in prescribing such regulations1 the ,board shall3 and inserting the following3 7#c7 ,regulations ,in prescribing regulations under this subsection1 the ,bureau and the ,board shall-- 2 7,c7 in paragraph 7#c77;,c71 as so redesignated1 by striking the ,board shall2 7,d7 in paragraph 7#c77;,d71 as so redesignated-- 7i7 by inserting send promptly before any2 and 7ii7 by striking shall be sent promptly to ,congress by the ,board and inserting to ,congress2 7#c7 in section #iji7;c7 7#ae ,u4,s4,c4 #afic;g7c771 by striking #ajc7;e7 and inserting #ajc7;f72 7#d7 in section #iah7;a77#d7 7#ae ,u4,s4,c4 #afico7a77#d71 by striking ,act and and inserting ,act2 and2 and 7#e7 in section #ibj7;a77#d77;,c7 7#ae ,u4,s4,c4 #afico-#b7;a77#d77;,c771 by striking the ,director of the ,office of ,thrift ,supervision14 7m7 ,emergency ,economic ,stabilization ,act of #bjjh ,section #aja7;b7 of the ,emergency ,economic ,stabilization ,act of #bjjh 7#ab ,u4,s4,c4 #ebaa7;b77 is amended by striking the ,director of the ,office of ,thrift ,supervision14 7n7 ,equal credit opportunity act ,the ,equal ,credit ,opportunity ,act 7#ae ,u4,s4,c4 #afia et seq47 is amended-- 7#a7 in section #gjc 7#ae ,u4,s4,c4 #afia;b7-- 7,a7 in each of subsections 7c7 and 7d71 by striking paragraph each place that term appears and inserting subsection2 and 7,b7 in subsection 7g71 by adding a period at the end2 7#b7 in section #gjd 7#ae ,u4,s4,c4 #afia;c7-- 7,a7 in subsection 7a71 by striking ,consumer ,protection ,financial ,protection ,act of #bjaj with and inserting ,consumer ,financial ,protection ,act of #bjaj1 compliance with2 and 7,b7 in subsection 7c71 in the second sentence1 by striking subchapter and inserting title2 7#c7 in section #gjd;,b7e77#c7 7#ae ,u4,s4,c4 #afia;c-#b7;e77#c771 by striking 7#a77;,e7 and inserting 7#b77;,e72 and 7#d7 in section #gjf7k7 7#ae ,u4,s4,c4 #afia;e7k771 by striking 81 7#b71 or 7#c70 and inserting 8or 7#b704 7o7 ,expedited funds availability act ,the ,expedited ,funds ,availability ,act 7#ab ,u4,s4,c4 #djja et seq47 is amended-- 7#a7 in section #fje7;f77#b77;,a7 7#ab ,u4,s4,c4 #djjd7;f77#b77;,a771 by striking 11 and inserting a semicolon2 and 7#b7 in section #faj7;a77#b7 7#ab ,u4,s4,c4 #djji7;a77#b771 by striking ,director of the ,office of ,thrift ,supervision and inserting ,comptroller of the ,currency and the ,board of ,directors of the ,federal ,deposit ,insurance ,corporation1 as appropriate14 7p7 ,fair credit reporting act ,the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha et seq47 is amended-- 7#a7 in section #fjc 7#ae ,u4,s4,c4 #afha;a7-- 7,a7 in subsection 7d77#b77;,d71 by striking 7x7 and inserting 7y72 7,b7 in subsection 7q77#e71 by striking #ajc7;i7 and inserting #ajc7;j72 and 7,c7 in subsection 7v71 by striking ,bureau and inserting ,federal ,trade ,commission2 7#b7 in section #fjd 7#ae ,u4,s4,c4 #afha;b7-- 7,a7 in subsection 7b77#b77;,b77i71 by striking section #fae7;a77#c7 and inserting section #fae7;a77#d72 and 7,b7 in subsection 7g77#e71 by striking paragraph 7#b74-- and all that follows through ,the ,bureau and inserting paragraph 7#b74--,the ,bureau2 7#c7 in section #fje7;h77#b77;,a7 7#ae ,u4,s4,c4 #afha;c7h77#b77;,a77-- 7,a7 by striking shall11 and inserting shall12 and 7,b7 by striking ,commission11 and inserting ,commission12 7#d7 in paragraphs 7#a77;,a71 7#a77;,b77i71 7#b77;,a77i71 and 7#b77;,b7 of section #fje;,a7h7 7#ae ,u4,s4,c4 #afha;c-#a7;h77-- 7,a7 by striking #ajc7;i7 and inserting #ajc7;j7 each place that term appears2 and 7,b7 by striking open-end and inserting open end each place that term appears2 7#e7 in section #fji 7#ae ,u4,s4,c4 #afha;g7-- 7,a7 in subsection 7c77#a7-- 7i7 in the paragraph heading1 by striking commission and inserting bureau2 and 7ii7 in subparagraph 7,b77vi71 by striking #fjc7w7 and inserting #fjc7x72 and 7,b7 by striking ,the ,commission each place that term appears and inserting ,the ,bureau2 7#f7 in section #faa 7#ae ,u4,s4,c4 #afha;i71 by striking ,the ,commission each place that term appears and inserting ,the ,bureau2 7#g7 in section #fab 7#ae ,u4,s4,c4 #afha;j7-- 7,a7 in subsection 7a77#a71 by striking 7w7 and inserting 7x72 and 7,b7 by striking ,the ,commission each place that term appears and inserting ,the ,bureau2 and 7#h7 in section #fba 7#ae ,u4,s4,c4 #afhas7-- 7,a7 in subsection 7a77#a71 in the first sentence1 by striking 1 subsection 7b72 7,b7 in subsection 7e77#b71 by inserting a period after provisions of this title2 and 7,c7 in subsection 7f77#b71 by striking ,the ,commission and inserting ,the ,bureau4 7q7 ,federal ,credit ,union ,act ,section #bjf7;g77#g77;,d77iv7 of the ,federal ,credit ,union ,act 7#ab ,u4,s4,c4 #aghf7;g77#g77;,d77iv77 is amended by striking the semicolon at the end and inserting a period4 7r7 ,federal ,deposit ,insurance ,act ,the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahaa et seq47 is amended-- 7#a7 in section #c7q77#b77;,c7 7#ab ,u4,s4,c4 #ahac7q77#b77;,c771 by adding and at the end2 7#b7 in section #g 7#ab ,u4,s4,c4 #ahag7-- 7,a7 in subsection 7b77#b7-- 7i7 in subparagraph 7,a71 by striking 7,d7 and inserting 7,c72 and 7ii7 by redesignating subparagraphs 7,d7 and 7,e7 as subparagraphs 7,c7 and 7,d71 respectively2 and 7,b7 in subsection 7e77#b77;,c71 by adding a period at the end2 7#c7 in section #h 7#ab ,u4,s4,c4 #ahah7-- 7,a7 in subsection 7b77#c71 by striking ,act77 and inserting ,act72 and 7,b7 in subsection 7t7-- 7i7 in paragraph 7#b7-- 7,i7 in subparagraph 7,c71 by striking depositors or and inserting depositors2 or2 and 7,,ii7 in subparagraph 7,d71 by striking the semicolon at the end and inserting a period2 and 7ii7 by redesignating the second paragraph designated as paragraph 7#f71 as added by section #ajij7a7 of the ,consumer ,financial ,protection ,act of #bjaj 7title ,x of ,public ,law #aaa-bjc2 #abd ,stat4 #bjic7 7relating to referral to the ,bureau of ,consumer ,financial ,protection71 as paragraph 7#g72 7#d7 in section #aj7;b77#c77;,a7 7#ab ,u4,s4,c4 #ahbj7;b77#c77;,a771 by striking that ,act and inserting the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #ecja et seq472 7#e7 in section #aa 7#ab ,u4,s4,c4 #ahba7-- 7,a7 in subsection 7d77#b77;,i77ii71 by striking and section #ba;,a7b77#d72 and 7,b7 in subsection 7m71 in each of paragraphs 7#af7 and 7#ah71 by striking the comma after ,comptroller of the ,currency each place it appears2 and 7#f7 in section #bf7;a7 7#ab ,u4,s4,c4 #ahca;c7a771 by striking ,holding ,company ,act each place that term appears and inserting ,holding ,company ,act of #aief4 7s7 ,federal ,financial ,institutions ,examination ,council ,act of #aigh ,section #ajjc7a7 of the ,federal ,financial ,institutions ,examination ,council ,act of #aigh 7#ab ,u4,s4,c4 #ccjb7a77 is amended by striking the ,office of ,thrift ,supervision14 7t7 ,federal ,fire ,prevention and ,control ,act of #aigd ,section #ca7;a77#e77;,b7 of the ,federal ,fire ,prevention and ,control ,act of #aigd 7#ae ,u4,s4,c4 #bbbg7;a77#e77;,b77 is amended by striking the ,federal ,deposit ,insurance ,corporation and all that follows through the period and inserting 8or the ,federal ,deposit ,insurance ,corporation under the affordable housing program under section #dj of the ,federal ,deposit ,insurance ,act404 7u7 ,federal ,home ,loan ,bank ,act ,the ,federal ,home ,loan ,bank ,act 7#ab ,u4,s4,c4 #adba et seq47 is amended-- 7#a7 in section #aj7;h77#a7 7#ab ,u4,s4,c4 #adcj7;h77#a771 by striking ,director of the ,office of ,thrift ,supervision and inserting ,comptroller of the ,currency or the ,board of ,directors of the ,federal ,deposit ,insurance ,corporation1 as applicable2 and 7#b7 in section #bb7;a7 7#ab ,u4,s4,c4 #addb7;a77-- 7,a7 in the matter preceding paragraph 7#a71 by striking ,currency and all that follows through ,supervision and inserting ,currency1 the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system1 the ,chairperson of the ,federal ,deposit ,insurance ,corporation1 and the ,chairman of the ,national ,credit ,union ,administration2 and 7,b7 in the undesignated matter following paragraph 7#b71 by striking ,currency and all that follows through ,supervision and inserting ,currency1 the ,chairman of the ,board of ,governors of the ,federal ,reserve ,system1 and the ,chairman of the ,national ,credit ,union ,administration4 7v7 ,federal ,reserve ,act ,the ,federal ,reserve ,act 7#ab ,u4,s4,c4 #bba et seq47 is amended-- 7#a7 in section #aj 7#ab ,u4,s4,c4 #bdg;b71 by redesignating paragraph 7#ab7 as paragraph 7#aa72 and 7#b7 in section #aa 7#ab ,u4,s4,c4 #bdh7-- 7,a7 by redesignating subsection 7s71 as added by section #aajc7;b7 of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#abd ,stat4 #baah7 7relating to ,federal ,reserve transparency and release of information71 as subsection 7t71 and moving subsection 7t71 as so redesignated1 so it appears after subsection 7s72 7,b7 in subsection 7s77#b77;,c71 by striking supervised by the ,board and inserting subject to a final determination2 and 7,c7 in subsection 7t71 as so redesignated1 in paragraph 7#h77;,b71 by striking this section and inserting this subsection4 7w7 ,financial ,institutions ,reform1 ,recovery1 and ,enforcement ,act of #aihi ,the ,financial ,institutions ,reform1 ,recovery1 and ,enforcement ,act of #aihi 7,public ,law #aja-gc2 #ajc ,stat4 #ahc7 is amended-- 7#a7 in section #aaba7f7 7#ab ,u4,s4,c4 #ccej7f771 by striking the ,office of ,thrift ,supervision12 and 7#b7 in section #abjf7;a7 7#ab ,u4,s4,c4 #ahcc;b7a771 by striking and the ,bureau of ,consumer ,financial ,protection1 and inserting the ,bureau of ,consumer ,financial ,protection1 and4 7x7 ,gramm-,leach-,bliley ,act ,the ,gramm-,leach-,bliley ,act 7,public ,law #ajf-ajb2 #aac ,stat4 #acch7 is amended-- 7#a7 in section #acb7;a7 7#ab ,u4,s4,c4 #ahbh;b7a771 by striking the ,director of the ,office of ,thrift ,supervision12 7#b7 in section #bjf7;a7 7#ae ,u4,s4,c4 #gh;c note71 by striking ,except as provided in subsection 7e71 for and inserting ,for2 7#c7 in section #ejb7;e77#e7 7#ae ,u4,s4,c4 #fhjb7;e77#e771 by inserting a comma after ,protection2 7#d7 in section #ejd7;a77#b7 7#ae ,u4,s4,c4 #fhjd7;a77#b771 by striking and1 as appropriate1 and with and inserting and1 as appropriate1 with2 7#e7 in section #eji7b7 7#ae ,u4,s4,c4 #fhji7b77-- 7,a7 by striking subparagraph 7,d72 and 7,b7 by redesignating subparagraphs 7,e7 and 7,f7 as subparagraphs 7,d7 and 7,e71 respectively2 and 7#f7 in section #ebb7;b77#a77;,a77iv7 7#ae ,u4,s4,c4 #fhbb7;b77#a77;,a77iv771 by striking ,director of the ,office of ,thrift ,supervision and inserting ,comptroller of the ,currency and the ,board of ,directors of the ,federal ,deposit ,insurance ,corporation1 as appropriate4 7y7 ,helping families save their homes act of #bjji ,section #ajd of the ,helping ,families ,save ,their ,homes ,act of #bjji 7#ab ,u4,s4,c4 #agaez-#be7 is amended-- 7#a7 in subsection 7a7-- 7,a7 in the matter preceding paragraph 7#a7-- 7i7 by striking and the ,director of the ,office of ,thrift ,supervision1 shall jointly and inserting shall2 7ii7 by striking ,senate1 and inserting ,senate and2 7iii7 by striking and the ,office of ,thrift ,supervision2 and 7iv7 by striking each such and inserting such2 and 7,b7 in paragraph 7#a71 by striking and the ,office of ,thrift ,supervision2 and 7#b7 in subsection 7b77#a7-- 7,a7 in subparagraph 7,a7-- 7i7 in the first sentence-- 7,i7 by striking and the ,director of the ,office of ,thrift ,supervision12 and 7,,ii7 by striking or the ,director2 and 7ii7 in the second sentence1 by striking and the ,director of the ,office of ,thrift ,supervision2 and 7,b7 in subparagraph 7,b71 by striking and the ,director of the ,office of ,thrift ,supervision4 7z7 ,home mortgage disclosure act of #aige ,the ,home ,mortgage ,disclosure ,act of #aige 7#ab ,u4,s4,c4 #bhja et seq47 is amended-- 7#a7 in section #cjd7;j77#c7 7#ab ,u4,s4,c4 #bhjc7;j77#c771 by adding a period at the end2 and 7#b7 in section #cje7;b77#a77;,a7 7#ab ,u4,s4,c4 #bhjd7;b77#a77;,a77-- 7,a7 in the matter preceding clause 7i71 by inserting by before the appropriate ,federal banking agency2 and 7,b7 in clause 7iii71 by striking bank as1 and inserting bank1 as4 7aa7 ,home ,owners' ,loan ,act ,the ,home ,owners' ,loan ,act 7#ab ,u4,s4,c4 #adfa et seq47 is amended-- 7#a7 in section #e 7#ab ,u4,s4,c4 #adfd7-- 7,a7 in subsection 7d77#b77;,e77ii7-- 7i7 in the first sentence1 by striking ,except as provided in section #ba;,a of the ,federal ,home ,loan ,bank ,act1 the and inserting ,the2 and 7ii7 by striking 1 at the ,director's discretion12 7,b7 in subsection 7i77#f71 by striking the ,office of ,thrift ,supervision or2 7,c7 in subsection 7m71 by striking ,director's each place that term appears and inserting appropriate ,federal banking agency's2 7,d7 in subsection 7n77#i77;,b71 by striking ,director's and inserting ,comptroller's2 and 7,e7 in subsection 7s7-- 7i7 in paragraph 7#a7-- 7,i7 in the matter preceding subparagraph 7,a71 by striking of such ,act7 and all that follows through shall require and inserting of such ,act71 the appropriate ,federal banking agency shall require2 and 7,,ii7 in subparagraph 7,b71 by striking other methods and all that follows through determines and inserting other methods as the appropriate ,federal banking agency determines2 7ii7 in paragraph 7#b7-- 7,i7 by striking determined and all that follows through may1 consistent and inserting determined by appropriate federal banking agency case-by-case4--,the appropriate ,federal banking agency may1 consistent2 and 7,,ii7 by striking capital-to-assets and all that follows through determines to be necessary and inserting capital-to-assets as the appropriate ,federal banking agency determines to be necessary2 and 7iii7 in paragraph 7#c7-- 7,i7 by striking agency1 may and inserting agency may2 and 7,,ii7 by striking the ,comptroller and inserting the appropriate ,federal banking agency2 7#b7 in section #f7;c7 7#ab ,u4,s4,c4 #adfe7;c771 by striking sections and inserting section2 7#c7 in section #aj 7#ab ,u4,s4,c4 #adfg;a7-- 7,a7 in subsection 7b77#f71 by striking time and all that follows through release and inserting time1 upon the motion or application of the ,board1 release2 7,b7 in subsection 7c77#b77;,h7-- 7i7 in the matter preceding clause 7i7-- 7,i7 by striking #ahda7p77 and inserting #ahda7p7772 and 7,,ii7 by inserting 7#ab ,u4,s4,c4 #ahdc7k77 before if--2 and 7ii7 in clause 7i71 by inserting of #aief 7#ab ,u4,s4,c4 #ahdc7l7 and 7m77 after ,company ,act2 and 7,c7 in subsection 7e77#g77;,b77iii7-- 7i7 by striking ,board of the ,office of ,thrift ,supervision and inserting ,director of the ,office of ,thrift ,supervision2 and 7ii7 by inserting 7as defined in section #b of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #ecja77 after transfer date2 and 7#d7 in section #ac 7#ab ,u4,s4,c4 #adfh;b71 by striking the a and inserting a4 7bb7 ,home ,ownership and ,equity ,protection ,act of #aiid ,section #aeh of the ,home ,ownership and ,equity ,protection ,act of #aiid 7#ae ,u4,s4,c4 #afja note7 is amended by striking ,bureau each place that term appears and inserting ,bureau of ,consumer ,financial ,protection4 7cc7 ,housing act of #aidh ,section #ejb7;c77#c7 of the ,housing ,act of #aidh 7#ab ,u4,s4,c4 #agja;c7c77#c77 is amended by striking ,federal ,home ,loan ,bank ,agency and inserting ,federal ,housing ,finance ,agency4 7dd7 ,housing and ,urban ,development ,act of #aifh ,section #ajf7;h77#e7 of the ,housing and ,urban ,development ,act of #aifh 7#ab ,u4,s4,c4 #agjax7h77#e77 is amended by striking authorised and inserting authorized4 7ee7 ,international ,banking ,act of #aigh ,section #ae of the ,international ,banking ,act of #aigh 7#ab ,u4,s4,c4 #caji7 is amended-- 7#a7 in each of subsections 7a7 and 7b7-- 7,a7 by striking 1 and ,director of the ,office of ,thrift ,supervision each place that term appears2 and 7,b7 by inserting and before ,federal ,deposit each place that term appears2 7#b7 in subsection 7a71 by striking ,comptroller1 ,corporation1 or ,director and inserting ,comptroller1 or ,corporation2 and 7#c7 in subsection 7c77#d7-- 7,a7 by inserting and before the ,federal ,deposit2 and 7,b7 by striking 1 and the ,director of the ,office of ,thrift ,supervision4 7ff7 ,international ,lending ,supervision ,act of #aihc ,section #iab of the ,international ,lending ,supervision ,act of #aihc 7#ab ,u4,s4,c4 #ciaa7 is amended-- 7#a7 in the section heading1 by striking and the ,office of ,thrift ,supervision2 7#b7 by striking subsection 7b72 7#c7 by striking 7a7 ,in general4--2 and 7#d7 by striking #d and inserting #c4 7gg7 ,interstate land sales full disclosure act ,the ,interstate ,land ,sales ,full ,disclosure ,act 7#ae ,u4,s4,c4 #agja et seq47 is amended-- 7#a7 in section #adjb7a7 7#ae ,u4,s4,c4 #agja7a77 by striking ,bureau of and all that follows through the semicolon at the end and inserting ,bureau of ,consumer ,financial ,protection22 and 7#b7 in each of section #adaa7;b7 7#ae ,u4,s4,c4 #agaj7;b77 and subsections 7b77#d7 and 7d7 of section #adah;a 7#ae ,u4,s4,c4 #agag;a71 by striking 8,secretary's0 each place that term appears and inserting 8,director's04 7hh7 ,investment ,advisers ,act of #aidj ,section #bbd of the ,investment ,advisers ,act of #aidj 7#ae ,u4,s4,c4 #hj;b-#ah;c7 is amended in the section heading1 by striking ,commodities and inserting ,commodity4 7ii7 ,legal ,certainty for ,bank ,products ,act of #bjjj ,section #djc7;b77#a7 of the ,legal ,certainty for ,bank ,products ,act of #bjjj 7#g ,u4,s4,c4 #bg;a7b77#a77 is amended by striking that section and inserting section4 7jj7 ,omnibus ,appropriations ,act1 #bjji ,section #fbf7;b7 of the ,omnibus ,appropriations ,act1 #bjji 7#ab ,u4,s4,c4 #eech7;b77 is amended1 in each of paragraphs 7#b7 and 7#c71 by inserting a comma after as appropriate each place that term appears4 7kk7 ,public law #ic-die ,section #aaa of ,public ,law #ic-die 7#ab ,u4,s4,c4 #bej7 is amended by striking the ,director of the ,office of ,thrift ,supervision14 7ll7 ,revised ,statutes of the ,united ,states ,section #eacf;,c7i7 of the ,revised ,statutes of the ,united ,states 7#ab ,u4,s4,c4 #be;b7i77 is amended by striking powers4-- and all that follows through ,in accordance and inserting powers4--,in accordance4 7mm7 ,riegle ,community ,development and ,regulatory ,improvement ,act of #aiid ,section #aag7;e7 of the ,riegle ,community ,development and ,regulatory ,improvement ,act of #aiid 7#ab ,u4,s4,c4 #dgaf7;e77 is amended by striking the ,director of the ,office of ,thrift ,supervision14 7nn7 ,s4,a4,f4,e4 ,mortgage ,licensing ,act of #bjjh ,section #aead of the ,s4,a4,f4,e4 ,mortgage ,licensing ,act of #bjjh 7#ab ,u4,s4,c4 #eaac7 is amended in each of subsections 7b77#e7 and 7c77#d77;,c71 by striking ,secretary's each place that term appears and inserting ,director's4 7oo7 ,securities ,exchange ,act of #aicd ,the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #gh;a et seq47 is amended-- 7#a7 in section #c;,c7g77#d77;,b77v7 7#ae ,u4,s4,c4 #gh;c-#c7;g77#d77;,b77v771 by striking of that ,act and inserting of that section2 7#b7 in section #c;,d7d77#aj77;,a7 7#ae ,u4,s4,c4 #gh;c-#d7;d77#aj77;,a771 by striking taking and inserting take2 7#c7 in section #c;,e7b77#a7 7#ae ,u4,s4,c4 #gh;c-#e7;b77#a771 by striking though and inserting through2 7#d7 in section #d7;g77#h77;,a7 7#ae ,u4,s4,c4 #gh;d7g77#h77;,a771 by striking 7#b77;,a77i7 and inserting 7#b77;,a77ii72 7#e7 in section #ae 7#ae ,u4,s4,c4 #gho7-- 7,a7 in each of subparagraphs 7,b77ii7 and 7,c7 of subsection 7b77#d71 by striking dealer municipal advisor11 and inserting dealer1 municipal advisor12 7,b7 by redesignating subsection 7j7 7relating to the authority of the ,commission7 as subsection 7p71 and moving that subsection so it follows subsection 7o72 7,c7 by redesignating subsections 7k7 and 7l7 7relating to standard of conduct and other matters1 respectively71 as added by section #iac7;g77#a7 of the ,investor ,protection and ,securities ,reform ,act of #bjaj 7title ,,ix of ,public ,law #aaa-bjc2 #abd ,stat4 #ahbh71 as subsections 7q7 and 7r71 respectively and moving those subsections to the end2 and 7,d7 in subsection 7m71 in the undesignated matter following paragraph 7#b71 by inserting the before same extent2 7#f7 in section #ae;,f7h7 7#ae ,u4,s4,c4 #gho-#aj7;h77-- 7,a7 in paragraph 7#b7-- 7i7 in subparagraph 7,a71 by inserting 8a0 after 8that acts as an advisor to02 and 7ii7 in subparagraph 7,b71 by inserting a after offers to enter into2 and 7,b7 in paragraph 7#e77;,a77i7-- 7i7 by inserting 7,a7 after 7#ah72 and 7ii7 in subclause 7,,vii71 by striking act of and inserting ,act of2 7#g7 in section #ae;,g 7#ae ,u4,s4,c4 #gho-#aa7-- 7,a7 in subsection 7b77#b71 by inserting ,director of the before ,federal ,housing2 and 7,b7 in subsection 7e7-- 7i7 in paragraph 7#d7-- 7,i7 in subparagraph 7,a71 by striking subsection and inserting section2 and 7,,ii7 in subparagraph 7,c7-- 7aa7 by striking #abi;,c7c77#b7 and inserting #abi;,c7b77#b77;,a72 and 7bb7 by inserting 7#ae ,u4,s4,c4 #afci;c7b77#b77;,a77 after ,lending ,act2 and 7ii7 in paragraph 7#e71 by striking subsection and inserting section2 and 7#h7 in section #ag;,a 7#ae ,u4,s4,c4 #ghq-#a71 by redesignating the second subsection designated as subsection 7g71 as added by section #ibi,w of the ,investor ,protection and ,securities ,reform ,act of #bjaj 7title ,,ix of ,public ,law #aaa-bjc2 #abd ,stat4 #ahfi7 7relating to due diligence for the delivery of dividends1 interest1 and other valuable property rights71 as subsection 7n7 and moving that subsection to the end4 7pp7 ,telemarketing and consumer fraud and abuse prevention act ,section #c7;b7 of the ,telemarketing and ,consumer ,fraud and ,abuse ,prevention ,act 7#ae ,u4,s4,c4 #fajb7;b77 is amended by inserting before the period at the end the following3 1 provided1 however1 that nothing in this section shall conflict with or supersede section #f of the ,federal ,trade ,commission ,act 7#ae ,u4,s4,c4 #df74 7qq7 ,title #e ,title #e1 ,united ,states ,code1 is amended-- 7#a7 in section #cacb7;a77#a77;,d71 by striking the ,office of ,thrift ,supervision11 the ,resolution ,trust ,corporation12 and 7#b7 in section #ecad1 by striking ,director of the ,office of ,thrift ,supervision44 7rr7 ,title #ca 7#a7 ,amendments ,title #ca1 ,united ,states ,code1 is amended-- 7,a7 by striking section #cji2 7,b7 in section #cac-- 7i7 in subsection 7j77#b71 by striking ,agency2 and 7ii7 in subsection 7r77#d71 by striking the ,office of ,thrift ,supervision12 and 7,c7 in section #gad7;d77#c77;,b7 by striking a audit and inserting an audit4 7#b7 ,analysis ,the analysis for subchapter ,i of chapter #c of title #ca1 ,united ,states ,code1 is amended by striking the item relating to section #cji4 7ss7 ,truth in ,lending ,act ,the ,truth in ,lending ,act 7#ae ,u4,s4,c4 #afja et seq47 is amended-- 7#a7 in section #ajc7;dd77#b77;,e77v7 7#ae ,u4,s4,c4 #afjb7;dd77#b77;,e77v771 as redesignated by section #iji7;a77#a7 of this ,act1 by striking ,board and inserting ,bureau2 7#b7 in section #aje 7#ae ,u4,s4,c4 #afjd71 by inserting subsection 7h71 as added by section #adgb7;c7 of the ,mortgage ,reform and ,anti-,predatory ,lending ,act 7title ,,xiv of ,public ,law #aaa-bjc2 #abd ,stat4 #baij71 before subsection 7i71 as added by section #aajj;,a7#g7 of the ,consumer ,financial ,protection ,act of #bjaj 7title ,x of ,public ,law #aaa-bjc2 #abd ,stat4 #bajh72 7#c7 in section #ajf7;f77#b77;,b77i7 7#ae ,u4,s4,c4 #afje7;f77#b77;,b77i771 by striking #ajc7w7 and inserting #ajc7x72 7#d7 in section #aba7;b7 7#ae ,u4,s4,c4 #afca7;b771 by striking #ajc7;f7 and inserting #ajc7;g72 7#e7 in section #abb7;d77#e7 7#ae ,u4,s4,c4 #afcb7;d77#e771 by striking and the ,bureau2 7#f7 in section #abe7;e77#a7 7#ae ,u4,s4,c4 #afce7;e77#a771 by striking #ajc7w7 and inserting #ajc7x72 7#g7 in section #abi 7#ae ,u4,s4,c4 #afci7-- 7,a7 in subsection 7q71 by striking 7l77#b7 and inserting 7p77#b72 and 7,b7 in subsection 7u77#c71 by striking ,board each place that term appears and inserting ,bureau2 7#h7 in section #abi;,c 7#ae ,u4,s4,c4 #afci;c7-- 7,a7 in subsection 7b77#b77;,b71 by striking the second period at the end2 and 7,b7 in subsection 7c77#a77;,b77ii77,i71 by striking a original and inserting an original2 7#i7 in section #adj;,a 7#ae ,u4,s4,c4 #afea71 by striking the ,bureau and2 7#aj7 in section #adh7;d7 7#ae ,u4,s4,c4 #affe;c7d771 by striking ,bureau and inserting ,board2 7#aa7 in section #adi 7#ae ,u4,s4,c4 #affe;d7-- 7,a7 by striking the ,director of the ,office of ,thrift ,supervision1 each place that term appears2 7,b7 by striking ,national ,credit ,union ,administration ,bureau each place that term appears and inserting ,national ,credit ,union ,administration ,board2 and 7,c7 by striking ,bureau of ,directors of the ,federal ,deposit ,insurance ,corporation each place that term appears and inserting ,board of ,directors of the ,federal ,deposit ,insurance ,corporation2 and 7#ab7 in section #aha7a7 7#ae ,u4,s4,c4 #affg7a771 by striking #ajc7;g7 and inserting #ajc7;h74 7tt7 ,truth in ,savings ,act ,the ,truth in ,savings ,act 7#ab ,u4,s4,c4 #dcja et seq47 is amended in each of sections #bfi7;a77#d7 7#ab ,u4,s4,c4 #dcjh7;a77#d771 #bgj7;a77#b7 7#ab ,u4,s4,c4 #dcji7;a77#b771 and #bgd7f7 7#ab ,u4,s4,c4 #dcac7f771 by striking ,administration ,bureau each place that term appears and inserting ,administration ,board4 #iii;,g4 ,rulemaking deadlines 7a7 ,one-,year extension ,the deadline for issuance of any rule or regulation1 conduct of any study1 or submission of any report required by the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7,public ,law #aaa-bjc7 or amendments made by that ,act that has not been met or is not met in final form by the date specified in that ,act or those amendments1 shall be extended for #a year4 7b7 ,no effect on finalized rules ,the extension provided under subsection 7a7 shall have no effect on any rule required by the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7,public ,law #aaa-bjc7 or amendments made by that ,act that have been issued in final form before the date of enactment of this title4 #iii;,h4 ,effective dates ,except as otherwise specifically provided in this title-- 7#a7 the amendments made by this title to a provision of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7,public ,law #aaa-bjc7 shall take effect as if enacted on the effective date of the provision1 immediately after the provision takes effect2 and 7#b7 the amendments made by this title to a provision of law amended by the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act shall take effect as if enacted on the effective date of the amendment to that provision of law made by the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act1 immediately after the amendment made by the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act takes effect4 ,this ,act may be cited as the ,financial ,services and ,general ,government ,appropriations ,act1 #bjaf4 ,july #cj1 #bjae,read twice and placed on the calendar