,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #chfh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,septemb] #bh1        
#bjag,mr4 ,budd introduc$ ! foll[+ bill2
 :i* 0 ref]r$ to ! ,committee on        
,f9ancial ,s]vices1 & 9 addition to !   
,committee on ,ways & ,means1 = a p]iod 
to be subsequ5tly det]m9$ by ! ,speak]1 
9 ea* case = consid]ation ( su*         
provisions z fall )9 ! jurisdiction ( ! 
committee conc]n$  ,a ,,bill  ,to       
e/abli% a bug b\nty pilot program )9 !  
,dep>tm5t ( ! ,treasury1 & = o!r        
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,treasury ,innovation ,act4
  #b4 ,dep>tm5t ( ! ,treasury bug b\nty 
pilot program  7a7 ,def9itions ,9 ?is   
section3  7#a7 ,bug b\nty pilot program 
,! t]m bug b\nty pilot program means a  
program "u :i* an approv$ comput]       
security speciali/ or security rese>*]  
is tempor>ily au?oriz$ to id5tify &     
report vuln]abilities )9 ! in=mation    
sy/em ( ! ,dep>tm5t 9 ex*ange = ca%     
paym5t4  7#b7 ,dep>tm5t ,! t]m ,dep>tm5t

 means ! ,dep>tm5t ( ! ,treasury4  7#c7 
,in=mation sy/em ,! t]m in=mation sy/em 
has ! mean+ giv5 ! t]m 9 section #cejb (
 title #dd1 ,unit$ ,/ates ,code4  7#d7  
,pilot program ,! t]m pilot program     
means ! bug b\nty pilot program requir$ 
to be e/abli%$ "u subsection 7b77#a74   
7#e7 ,secret>y ,! t]m ,secret>y means ! 
,secret>y ( ! ,treasury4  7b7           
,e/abli%m5t ( pilot program  7#a7 ,9    
g5]al ,n lat] ?an #ahj days aft] ! date 
( ! enactm5t ( ?is ,act1 ! ,secret>y    
%all e/abli% a bug b\nty pilot program  
to m9imize vuln]abilities to ! in=mation
 sy/ems ( ! ,dep>tm5t4  7#b7            
,requirem5ts ,9 e/abli%+ ! pilot        
program1 ! ,secret>y %all-- 7,a7 provide
 monet>y comp5sations = reports (       
previ\sly unid5tifi$ security           
vuln]abilities )9 ! websites1           
applications1 & o!r in=mation sy/ems ( !
 ,dep>tm5t t are accessible to ! public2
  7,b7 develop an exp$iti\s process by  
:i* comput] security rese>*]s c regi/] =
 ! pilot program1 submit to a backgr\nd 

*eck z det]m9$ by ! ,dep>tm5t1 & receive
 a det]m9ation z to approval =          
p>ticipation 9 ! pilot program2  7,c7   
designate mission-critical op]ations )9 
! ,dep>tm5t t %\ld be exclud$ f ! pilot 
program2  7,d7 consult ) ! ,attorney    
,g5]al on h[ to ensure t comput]        
security speciali/s & security rese>*]s 
:o p>ticipate 9 ! pilot program are     
protect$ f prosecution "u section #ajcj 
( title #ah1 ,unit$ ,/ates ,code1 &     
simil> laws = specific activities       
au?oriz$ "u ! pilot program2  7,e7      
consult ) ! relevant (fices at !        
,dep>tm5t ( ,def5se t 7 responsible =   
laun*+ ! #bjaf ,hack ! ,p5tagon pilot   
program & subsequ5t simil> programs at !
 ,dep>tm5t ( ,def5se2  7,f7 aw>d        
competitive contracts z necess>y to     
manage ! pilot program & = execut+ !    
rem$iation ( vuln]abilities id5tifi$ z a
 consequ5ce ( ! pilot program2 &  7,g7  
engage int]e/$ p]sons1 to include       
comm]cial sector repres5tatives1 ab\t ! 
/ructure ( ! pilot program z con/ructive

 & to ! ext5t practicable4  7c7 ,report 
,n lat] ?an #ij days aft] ! date on :i* 
! pilot program is complet$1 ! ,secret>y
 %all submit to ! ,committee on         
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate a report on ! pilot program1 :i* 
%all include--  7#a7 ! numb] ( comput]  
security rese>*]s :o regi/]$1 7 approv$1
 submitt$ security vuln]abilities1 &    
receiv$ monet>y comp5sation2  7#b7 !    
numb] & sev]ity ( previ\sly unid5tifi$  
vuln]abilities report$ z "p ( ! pilot   
program2  7#c7 ! numb] ( previ\sly      
unid5tifi$ security vuln]abilities      
rem$iat$ z a result ( ! pilot program2  
7#d7 ! av]age l5g? ( "t betwe5 ! report+
 ( security vuln]abilities & rem$iation 
( ! vuln]abilities2  7#e7 ! av]age am\nt
 ( money paid p] unique vuln]ability    
submitt$ & ! total am\nt ( money paid to
 security rese>*]s "u ! pilot program2 &
  7#f7 ! lessons le>n$ f ! pilot        
program4  7d7 ,au?orization (           

appropriations ,!re is au?oriz$ to be   
appropriat$ to ! ,secret>y ( ! ,treasury
 #ajj1jjj = fiscal ye> #bjai to c>ry out
 ?is ,act4