,,ii #aae? ,,congress #a/ ,session ,s4 #ifc ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #bg1 #bjag ,mr4 ,"y 7= himself1 ,mr4 ,b5net1 ,ms4 ,coll9s1 & ,mr4 ,book]7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to enc\rage & support p>tn]%ips betwe5 ! public & private sectors to improve our ,nation's social programs1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,social ,impact ,p>tn]%ips to ,pay = ,results ,act4 #b4 ,social ,impact ,p>tn]%ips to ,pay = ,results ,title ,,xx ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acig et seq47 is am5d$-- 7#a7 9 ! title head+1 by /rik+ to ,/ates & ins]t+ & ,programs =2 & 7#b7 by add+ at ! end ! foll[+ new subtitle3 ,c ,social ,impact ,p>tn]%ips #bjea4 ,purposes ,! purposes ( ?is subtitle are ! foll[+3 7#a7 ,to improve ! lives ( families & individuals 9 ne$ 9 ! ,unit$ ,/ates by fund+ social programs t a*ieve real results4 7#b7 ,to r$irect funds away f programs t1 bas$ on objective data1 are ineffective1 & into programs t a*ieve demon/rable1 measurable results4 7#c7 ,to ensure ,f$]al funds are us$ effectively on social s]vices to produce positive outcomes = bo? s]vice recipi5ts & taxpay]s4 7#d7 ,to e/abli% ! use ( social impact p>tn]%ips to address "s ( our ,nation's mo/ press+ problems4 7#e7 ,to facilitate ! creation ( public-private p>tn]%ips t bundle philan?ropic or o!r private res\rces ) exi/+ public sp5d+ to scale up effective social int]v5tions already be+ implem5t$ by private organizations1 nonpr(its1 *>itable organizations1 & ,/ate & local gov]nm5ts across ! c\ntry4 7#f7 ,to br+ pay-=-p]=mance to ! social sector1 all[+ ! ,unit$ ,/ates to improve ! impact & effectiv5ess ( vital social s]vices programs :ile r$irect+ ineffici5t or duplicative sp5d+4 7#g7 ,to incorporate outcomes measurem5t & r&omiz$ controll$ trials or o!r rigor\s me?odologies = assess+ program impact4 #bjeb4 ,social impact p>tn]%ip application 7a7 ,notice ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is subtitle1 ! ,secret>y1 9 consultation ) ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips1 %all publi% 9 ! ,f$]al ,regi/] a reque/ = proposals f ,/ates or local gov]nm5ts = social impact p>tn]%ip projects 9 accordance ) ?is section4 7b7 ,requir$ outcomes = social impact p>tn]%ip project ,to qualify z a social impact p>tn]%ip project "u ?is subtitle1 a project mu/ produce "o or m measurable1 cle>ly def9$ outcomes t result 9 social b5efit & ,f$]al sav+s ?r\gh any ( ! foll[+3 7#a7 ,increas+ "w & e>n+s by individuals 9 ! ,unit$ ,/ates :o are unemploy$ = m ?an #f consecutive mon?s4 7#b7 ,increas+ employm5t & e>n+s ( individuals :o h atta9$ #af ye>s ( age b n #be ye>s ( age4 7#c7 ,increas+ employm5t among individuals receiv+ ,f$]al disability b5efits4 7#d7 ,r$uc+ ! dep5d5ce ( l[-income families on ,f$]al means-te/$ b5efits4 7#e7 ,improv+ rates ( high s*ool graduation4 7#f7 ,r$uc+ te5 & unplann$ pregnancies4 7#g7 ,improv+ bir? outcomes & e>ly *ildhood heal? & developm5t among l[-income families & individuals4 7#h7 ,r$uc+ rates ( a/hma1 diabetes1 or o!r prev5table diseases among l[-income families & individuals to r$uce ! utilization ( em]g5cy & o!r high-co/ c>e4 7#i7 ,increas+ ! proportion ( *ildr5 liv+ 9 two-p>5t families4 7#aj7 ,r$uc+ incid5ces & adv]se consequ5ces ( *ild abuse & neglect4 7#aa7 ,r$uc+ ! numb] ( y\? 9 fo/] c>e by increas+ adoptions1 p]man5t gu>dian%ip arrangem5ts1 reunifications1 or placem5ts ) a fit & will+ relative1 or by avoid+ plac+ *ildr5 9 fo/] c>e by ensur+ !y c be c>$ = safely 9 _! own homes4 7#ab7 ,r$uc+ ! numb] ( *ildr5 & y\? 9 fo/] c>e resid+ 9 gr\p homes1 *ild c>e in/itutions1 ag5cy-op]at$ fo/] homes1 or o!r non-family fo/] homes1 unless x is det]m9$ t x is 9 ! int]e/ ( ! *ild's long-t]m heal?1 safety1 or psy*ological well-be+ to n be plac$ 9 a family fo/] home4 7#ac7 ,r$uc+ ! numb] ( *ildr5 return+ to fo/] c>e4 7#ad7 ,r$uc+ recidivism among juv5ile (f5d]s1 individuals releas$ f prison1 or o!r high-risk populations4 7#ae7 ,r$uc+ ! rate ( homelessness among our mo/ vuln]able populations4 7#af7 ,improv+ ! heal? & well-be+ ( ^? ) m5tal1 emotional1 & behavioral heal? ne$s4 7#ag7 ,improv+ ! educational outcomes ( special-ne$s or l[-income *ildr54 7#ah7 ,improv+ ! employm5t & well-be+ ( return+ ,unit$ ,/ates milit>y memb]s4 7#ai7 ,increas+ ! f9ancial /ability ( l[-income families4 7#bj7 ,increas+ ! indep5d5ce & employability ( individuals :o are physically or m5tally disabl$4 7#ba7 ,o!r measurable outcomes def9$ by ! ,/ate or local gov]nm5t t result 9 positive social outcomes & ,f$]al sav+s4 7c7 ,application requir$ ,! notice describ$ 9 subsection 7a7 %all require a ,/ate or local gov]nm5t to submit an application = ! social impact p>tn]%ip project t addresses ! foll[+3 7#a7 ,! outcome goals ( ! project4 7#b7 ,a description ( ea* int]v5tion 9 ! project & anticipat$ outcomes ( ! int]v5tion4 7#c7 ,rigor\s evid5ce demon/rat+ t ! int]v5tion c be expect$ to produce ! desir$ outcomes4 7#d7 ,! t>get population t w be s]v$ by ! project4 7#e7 ,! expect$ social b5efits to p>ticipants :o receive ! int]v5tion & o!rs :o may be impact$4 7#f7 ,project$ ,f$]al1 ,/ate1 & local gov]nm5t co/s & o!r co/s to conduct ! project4 7#g7 ,project$ ,f$]al1 ,/ate1 & local gov]nm5t sav+s & o!r sav+s1 includ+ an e/imate ( ! sav+s to ! ,f$]al ,gov]nm5t1 on a program-by-program basis & 9 ! aggregate1 if ! project is implem5t$ & ! outcomes are a*iev$ z a result ( ! int]v5tion4 7#h7 ,if sav+s result+ f ! successful completion ( ! project are e/imat$ to accrue to ! ,/ate or local gov]nm5t1 ! likelihood ( ! ,/ate or local gov]nm5t to realize ^? sav+s4 7#i7 ,a plan = deliv]+ ! int]v5tion ?r\gh a social impact p>tn]%ip model4 7#aj7 ,a description ( ! exp]tise ( ea* s]vice provid] t w adm9i/] ! int]v5tion1 includ+ a summ>y ( ! exp]i5ce ( ! s]vice provid] 9 deliv]+ ! propos$ int]v5tion or a simil> int]v5tion1 or demon/rat+ t ! s]vice provid] has ! exp]tise necess>y to deliv] ! propos$ int]v5tion4 7#aa7 ,an explanation ( ! exp]i5ce ( ! ,/ate or local gov]nm5t1 ! int]m$i>y1 or ! s]vice provid] 9 rais+ private & philan?ropic capital to fund social s]vice inve/m5ts4 7#ab7 ,! detail$ roles & responsibilities ( ea* entity involv$ 9 ! project1 includ+ any ,/ate or local gov]nm5t entity1 int]m$i>y1 s]vice provid]1 indep5d5t evaluator1 inve/or1 or o!r /akehold]4 7#ac7 ,a summ>y ( ! exp]i5ce ( ! s]vice provid] 9 deliv]+ ! propos$ int]v5tion or a simil> int]v5tion1 or a summ>y demon/rat+ ! s]vice provid] has ! exp]tise necess>y to deliv] ! propos$ int]v5tion4 7#ad7 ,a summ>y ( ! unmet ne$ 9 ! area :]e ! int]v5tion w be deliv]$ or among ! t>get population :o w receive ! int]v5tion4 7#ae7 ,! propos$ paym5t t]ms1 ! me?odology us$ to calculate outcome paym5ts1 ! paym5t s*$ule1 & p]=mance ?re%olds4 7#af7 ,! project budget4 7#ag7 ,! project timel9e4 7#ah7 ,! crit]ia us$ to det]m9e ! eligibility ( an individual = ! project1 includ+ h[ select$ populations w be id5tifi$1 h[ !y w be ref]r$ to ! project1 & h[ !y w be enroll$ 9 ! project4 7#ai7 ,! evaluation design4 7#bj7 ,! metrics t w be us$ 9 ! evaluation to det]m9e :e!r ! outcomes h be5 a*iev$ z a result ( ! int]v5tion & h[ ! metrics w be measur$4 7#ba7 ,an explanation ( h[ ! metrics us$ 9 ! evaluation to det]m9e :e!r ! outcomes a*iev$ z a result ( ! int]v5tion are indep5d5t1 objective indicators ( impact & are n subject to manipulation by ! s]vice provid]1 int]m$i>y1 or inve/or4 7#bb7 ,a summ>y expla9+ ! indep5d5ce ( ! evaluator f ! o!r entities involv$ 9 ! project & ! evaluator's exp]i5ce 9 conduct+ rigor\s evaluations ( program effectiv5ess includ+1 :]e available1 well-implem5t$ r&omiz$ controll$ trials on ! int]v5tion or simil> int]v5tions4 7#bc7 ,any pot5tial paym5t disputes relat$ to ! outcomes ( ! evaluation4 7#bd7 ,! capacity ( ! s]vice provid] to deliv] ! int]v5tion to ! numb] ( p>ticipants ! ,/ate or local gov]nm5t proposes to s]ve 9 ! project4 7#be7 ,a description ( :e!r & h[ ! ,/ate or local gov]nm5t & s]vice provid]s plan to su/a9 ! int]v5tion1 if x is timely & appropriate to d s1 to ensure t successful int]v5tions cont9ue to op]ate aft] ! p]iod ( ! social impact p>tn]%ip4 7d7 ,project int]m$i>y in=mation requir$ ,! application describ$ 9 subsection 7c7 %all also conta9 ! foll[+ in=mation ab\t any int]m$i>y = ! social impact p>tn]%ip project 7:e!r an int]m$i>y is a s]vice provid] or o!r entity73 7#a7 ,exp]i5ce & capacity = provid+ or facilitat+ ! provision ( ! type ( int]v5tion propos$4 7#b7 ,! mission & goals4 7#c7 ,in=mation on :e!r ! int]m$i>y is already work+ ) s]vice provid]s t provide ?is int]v5tion or an explanation ( ! capacity ( ! int]m$i>y to beg9 work+ ) s]vice provid]s to provide ! int]v5tion4 7#d7 ,exp]i5ce work+ 9 a collaborative environm5t across gov]nm5t & nongov]nm5tal entities4 7#e7 ,previ\s exp]i5ce collaborat+ ) public or private entities to implem5t evid5ce-bas$ programs4 7#f7 ,ability to raise or provide fund+ to cov] op]at+ co/s 7if applicable to ! project74 7#g7 ,capacity & infra/ructure to track outcomes & measure results1 includ+-- 7,a7 capacity to track & analyze program p]=mance & assess program impact2 & 7,b7 exp]i5ce ) p]=mance-bas$ aw>ds or p]=mance-bas$ contract+ & a*iev+ project mile/ones & t>gets4 7#h7 ,role 9 deliv]+ ! int]v5tion4 7#i7 ,h[ ! int]m$i>y w\ld monitor program success1 includ+ a description ( ! int]im b5*m>ks & outcome measures4 7e7 ,feasibility /udies fund$ ?r\gh o!r s\rces ,! notice describ$ 9 subsection 7a7 %all p]mit a ,/ate or local gov]nm5t to submit an application = social impact p>tn]%ip fund+ t conta9s in=mation f a feasibility /udy develop$ = purposes o!r ?an apply+ = fund+ "u ?is subtitle4 #bjec4 ,aw>d+ social impact p>tn]%ip agreem5ts 7a7 ,timel9e 9 aw>d+ agreem5t ,n lat] ?an #f mon?s aft] receiv+ an application 9 accordance ) section #bjeb1 ! ,secret>y1 9 consultation ) ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips1 %all det]m9e :e!r to ent] into an agreem5t = a social impact p>tn]%ip project ) a ,/ate or local gov]nm5t4 7b7 ,consid]ations 9 aw>d+ agreem5t ,9 det]m9+ :e!r to ent] into an agreem5t = a social impact p>tn]%ip project 7! application = :i* 0 submitt$ "u section #bjeb7 ! ,secret>y1 9 consultation ) ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips 7e/abli%$ by section #bjef7 & ! head ( any ,f$]al ag5cy adm9i/]+ a simil> int]v5tion or s]v+ a population simil> to t s]v$ by ! project1 %all consid] ea* ( ! foll[+3 7#a7 ,! recomm5dations made by ! ,commission on ,social ,impact ,p>tn]%ips4 7#b7 ,! value to ! ,f$]al ,gov]nm5t ( ! outcomes expect$ to be a*iev$ if ! outcomes specifi$ 9 ! agreem5t are a*iev$ z a result ( ! int]v5tion4 7#c7 ,! likelihood1 bas$ on evid5ce provid$ 9 ! application & o!r evid5ce1 t ! ,/ate or local gov]nm5t 9 collaboration ) ! int]m$i>y & ! s]vice provid]s w a*ieve ! outcomes4 7#d7 ,! sav+s to ! ,f$]al ,gov]nm5t if ! outcomes specifi$ 9 ! agreem5t are a*iev$ z a result ( ! int]v5tion4 7#e7 ,! sav+s to ! ,/ate & local gov]nm5ts if ! outcomes specifi$ 9 ! agreem5t are a*iev$ z a result ( ! int]v5tion4 7#f7 ,! expect$ quality ( ! evaluation t w\ld be conduct$ ) respect to ! agreem5t4 7#g7 ,! capacity & commitm5t ( ! ,/ate or local gov]nm5t to su/a9 ! int]v5tion1 if appropriate & timely & if ! int]v5tion is successful1 beyond ! p]iod ( ! social impact p>tn]%ip4 7c7 ,agreem5t au?ority 7#a7 ,agreem5t requirem5ts ,! ,secret>y1 9 consultation ) ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips & ! head ( any ,f$]al ag5cy adm9i/]+ a simil> int]v5tion or s]v+ a population simil> to t s]v$ by ! project1 may ent] into an agreem5t = a social impact p>tn]%ip project ) a ,/ate or local gov]nm5t if ! ,secret>y1 9 consultation ) ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips1 det]m9es t ea* ( ! foll[+ requirem5ts are met3 7,a7 ,! ,/ate or local gov]nm5t agrees to a*ieve "o or m outcomes z a result ( ! int]v5tion1 z specifi$ 9 ! agreem5t & validat$ by indep5d5t evaluation1 9 ord] to receive paym5t4 7,b7 ,! ,f$]al paym5t to ! ,/ate or local gov]nm5t = ea* specifi$ outcome a*iev$ z a result ( ! int]v5tion is less ?an or equal to ! value ( ! outcome to ! ,f$]al ,gov]nm5t ov] a p]iod n to exce$ #aj ye>s1 z det]m9$ by ! ,secret>y1 9 consultation ) ! ,/ate or local gov]nm5t4 7,c7 ,! duration ( ! project does n exce$ #aj ye>s4 7,d7 ,! ,/ate or local gov]nm5t has demon/rat$1 ?r\gh ! application submitt$ "u section #bjeb1 t1 bas$ on prior rigor\s exp]im5tal evaluations or rigor\s quasi-exp]im5tal /udies1 ! int]v5tion c be expect$ to a*ieve ea* outcome specifi$ 9 ! agreem5t4 7,e7 ,! ,/ate1 local gov]nm5t1 int]m$i>y1 or s]vice provid] has exp]i5ce rais+ private or philan?ropic capital to fund social s]vice inve/m5ts 7if applicable to ! project74 7,f7 ,! ,/ate or local gov]nm5t has %[n t ea* s]vice provid] has exp]i5ce deliv]+ ! int]v5tion1 a simil> int]v5tion1 or has o!rwise demon/rat$ ! exp]tise necess>y to deliv] ! int]v5tion4 7#b7 ,paym5t ,! ,secret>y %all pay ! ,/ate or local gov]nm5t only if ! indep5d5t evaluator describ$ 9 section #bjee det]m9es t ! social impact p>tn]%ip project has met ! requirem5ts specifi$ 9 ! agreem5t & a*iev$ an outcome z a result ( ! int]v5tion1 z specifi$ 9 ! agreem5t & validat$ by indep5d5t evaluation4 7#c7 ,limitation ,! ,secret>y may n ent] into a contract = a social impact p>tn]%ip project "u p>agraph 7#a7 aft] ! date t is #aj ye>s aft] ! date ( enactm5t ( ! ,social ,impact ,p>tn]%ips to ,pay = ,results ,act4 7d7 ,notice ( agreem5t aw>d ,n lat] ?an #cj days aft] ent]+ into an agreem5t "u ?is section1 ! ,secret>y %all publi% a notice 9 ! ,f$]al ,regi/] t includes1 ) reg>d to ! agreem5t1 ! foll[+3 7#a7 ,! outcome goals ( ! social impact p>tn]%ip project4 7#b7 ,a description ( ea* int]v5tion 9 ! project4 7#c7 ,! t>get population t w be s]v$ by ! project4 7#d7 ,! expect$ social b5efits to p>ticipants :o receive ! int]v5tion & o!rs :o may be impact$4 7#e7 ,! detail$ roles1 responsibilities1 & purposes ( ea* ,f$]al1 ,/ate1 or local gov]nm5t entity1 int]m$i>y1 s]vice provid]1 indep5d5t evaluator1 inve/or1 or o!r /akehold]4 7#f7 ,! paym5t t]ms1 ! me?odology us$ to calculate outcome paym5ts1 ! paym5t s*$ule1 & p]=mance ?re%olds4 7#g7 ,! project budget4 7#h7 ,! project timel9e4 7#i7 ,! project eligibility crit]ia4 7#aj7 ,! evaluation design4 7#aa7 ,! metrics t w be us$ 9 ! evaluation to det]m9e :e!r ! outcomes h be5 a*iev$ z a result ( ea* int]v5tion & h[ ^! metrics w be measur$4 7#ab7 ,! e/imate ( ! sav+s to ! ,f$]al1 ,/ate1 & local gov]nm5t1 on a program-by-program basis & 9 ! aggregate1 if ! agreem5t is ent]$ into & implem5t$ & ! outcomes are a*iev$ z a result ( ea* int]v5tion4 7e7 ,au?ority ,to transf] adm9i/ration ( agreem5t ,! ,secret>y may transf] to ! head ( ano!r ,f$]al ag5cy ! au?ority to adm9i/] 7includ+ mak+ paym5ts "u7 an agreem5t ent]$ into "u ?is section1 & any funds necess>y to d s4 7f7 ,requirem5t on fund+ us$ ,to b5efit *ildr5 ,n less ?an #ej p]c5t ( all ,f$]al paym5ts made to c>ry out agreem5ts "u ?is section %all be us$ = initiatives t directly b5efit *ildr54 #bjed4 ,feasibility /udy fund+ 7a7 ,reque/s = fund+ = feasibility /udies ,! ,secret>y %all res]ve a portion ( ! am\nts appropriat$ to c>ry out ?is subtitle to assi/ ,/ates or local gov]nm5ts 9 develop+ feasibility /udies to apply = social impact p>tn]%ip fund+ "u section #bjeb4 ,to be eligible to receive fund+ to assi/ ) complet+ a feasibility /udy1 a ,/ate or local gov]nm5t %all submit an application = feasibility /udy fund+ address+ ! foll[+3 7#a7 ,a description ( ! outcome goals ( ! social impact p>tn]%ip project4 7#b7 ,a description ( ! int]v5tion1 includ+ anticipat$ program design1 t>get population1 an e/imate reg>d+ ! numb] ( individuals to be s]v$1 & sett+ = ! int]v5tion4 7#c7 ,evid5ce to support ! likelihood t ! int]v5tion w produce ! desir$ outcomes4 7#d7 ,a description ( ! pot5tial metrics to be us$4 7#e7 ,! expect$ social b5efits to p>ticipants :o receive ! int]v5tion & o!rs :o may be impact$4 7#f7 ,e/imat$ co/s to conduct ! project4 7#g7 ,e/imates ( ,f$]al1 ,/ate1 & local gov]nm5t sav+s & o!r sav+s if ! project is implem5t$ & ! outcomes are a*iev$ z a result ( ea* int]v5tion4 7#h7 ,an e/imat$ timel9e = implem5tation & completion ( ! project1 :i* %all n exce$ #aj ye>s4 7#i7 ,) respect to a project = :i* ! ,/ate or local gov]nm5t selects an int]m$i>y to op]ate ! project1 any p>tn]%ips ne$$ to successfully execute ! project & ! ability ( ! int]m$i>y to fo/] ! p>tn]%ips4 7#aj7 ,! expect$ res\rces ne$$ to complete ! feasibility /udy = ! ,/ate or local gov]nm5t to apply = social impact p>tn]%ip fund+ "u section #bjeb4 7b7 ,f$]al selection ( applications = feasibility /udy ,n lat] ?an #f mon?s aft] receiv+ an application = feasibility /udy fund+ "u subsection 7a71 ! ,secret>y1 9 consultation ) ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips & ! head ( any ,f$]al ag5cy adm9i/]+ a simil> int]v5tion or s]v+ a population simil> to t s]v$ by ! project1 %all select ,/ate or local gov]nm5t feasibility /udy proposals = fund+ bas$ on ! foll[+3 7#a7 ,! recomm5dations made by ! ,commission on ,social ,impact ,p>tn]%ips4 7#b7 ,! likelihood t ! proposal w a*ieve ! desir$ outcomes4 7#c7 ,! value ( ! outcomes expect$ to be a*iev$ z a result ( ea* int]v5tion4 7#d7 ,! pot5tial sav+s to ! ,f$]al ,gov]nm5t if ! social impact p>tn]%ip project is successful4 7#e7 ,! pot5tial sav+s to ! ,/ate & local gov]nm5ts if ! project is successful4 7c7 ,public disclosure ,n lat] ?an #cj days aft] select+ a ,/ate or local gov]nm5t = feasibility /udy fund+ "u ?is section1 ! ,secret>y %all cause to be publi%$ on ! website ( ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips in=mation expla9+ :y a ,/ate or local gov]nm5t 0 grant$ feasibility /udy fund+4 7d7 ,fund+ re/riction 7#a7 ,feasibility /udy re/riction ,! ,secret>y may n provide feasibility /udy fund+ "u ?is section = m ?an #ej p]c5t ( ! e/imat$ total co/ ( ! feasibility /udy report$ 9 ! ,/ate or local gov]nm5t application submitt$ "u subsection 7a74 7#b7 ,aggregate re/riction ,( ! total am\nts appropriat$ to c>ry out ?is subtitle1 ! ,secret>y may n use m ?an #aj1jjj1jjj to provide feasibility /udy fund+ to ,/ates or local gov]nm5ts "u ?is section4 7#c7 ,no gu>antee ( fund+ ,! ,secret>y %all h ! option to aw>d no fund+ "u ?is section4 7e7 ,submission ( feasibility /udy requir$ ,n lat] ?an #i mon?s aft] ! receipt ( feasibility /udy fund+ "u ?is section1 a ,/ate or local gov]nm5t receiv+ ! fund+ %all complete ! feasibility /udy & submit ! /udy to ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips4 7f7 ,delegation ( au?ority ,! ,secret>y may transf] to ! head ( ano!r ,f$]al ag5cy ! au?orities provid$ 9 ?is section & any funds necess>y to ex]cise ! au?orities4 #bjee4 ,evaluations 7a7 ,au?ority ,to ent] into agreem5ts ,= ea* ,/ate or local gov]nm5t aw>d$ a social impact p>tn]%ip project approv$ by ! ,secret>y "u ?is subtitle1 ! head ( ! relevant ag5cy1 z recomm5d$ by ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips & det]m9$ by ! ,secret>y1 %all ent] into an agreem5t ) ! ,/ate or local gov]nm5t to pay = all or "p ( ! indep5d5t evaluation to det]m9e :e!r ! ,/ate or local gov]nm5t project has a*iev$ a specific outcome z a result ( ! int]v5tion 9 ord] = ! ,/ate or local gov]nm5t to receive outcome paym5ts "u ?is subtitle4 7b7 ,evaluator qualifications ,! head ( ! relevant ag5cy may n ent] into an agreem5t ) a ,/ate or local gov]nm5t unless ! head det]m9es t ! evaluator is indep5d5t ( ! o!r p>ties to ! agreem5t & has demon/rat$ sub/antial exp]i5ce 9 conduct+ rigor\s evaluations ( program effectiv5ess includ+1 :]e available & appropriate1 well-implem5t$ r&omiz$ controll$ trials on ! int]v5tion or simil> int]v5tions4 7c7 ,me?odologies ,to be us$ ,! evaluation us$ to det]m9e :e!r a ,/ate or local gov]nm5t w receive outcome paym5ts "u ?is subtitle %all use exp]im5tal designs us+ r&om assignm5t or o!r reliable1 evid5ce-bas$ rese>* me?odologies1 z c]tifi$ by ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips1 t all[ = ! /ronge/ possible causal inf]5ces :5 r&om assignm5t is n feasible4 7d7 ,progress report 7#a7 ,submission ( report ,! indep5d5t evaluator %all-- 7,a7 n lat] ?an #b ye>s aft] a project has be5 approv$ by ! ,secret>y & biannually !reaft] until ! project is conclud$1 submit to ! head ( ! relevant ag5cy & ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips a writt5 report summ>iz+ ! progress t has be5 made 9 a*iev+ ea* outcome specifi$ 9 ! agreem5t2 & 7,b7 be=e ! s*$ul$ "t ( ! fir/ outcome paym5t & be=e ! s*$ul$ "t ( ea* subsequ5t paym5t1 submit to ! head ( ! relevant ag5cy & ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips a writt5 report t includes ! results ( ! evaluation conduct$ to det]m9e :e!r an outcome paym5t %\ld be made along ) in=mation on ! unique factors t contribut$ to a*iev+ or fail+ to a*ieve ! outcome1 ! *all5ges fac$ 9 attempt+ to a*ieve ! outcome1 & in=mation on ! improv$ future deliv]y ( ?is or simil> int]v5tions4 7#b7 ,submission to ! ,secret>y & ,congress ,n lat] ?an #cj days aft] receipt ( ! writt5 report pursuant to p>agraph 7#a77;,b71 ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips %all submit ! report to ! ,secret>y & ea* committee ( jurisdiction 9 ! ,h\se ( ,repres5tatives & ! ,s5ate4 7e7 ,f9al report 7#a7 ,submission ( report ,)9 #f mon?s aft] ! social impact p>tn]%ip project is complet$1 ! indep5d5t evaluator %all-- 7,a7 evaluate ! effects ( ! activities und]tak5 pursuant to ! agreem5t ) reg>d to ea* outcome specifi$ 9 ! agreem5t2 & 7,b7 submit to ! head ( ! relevant ag5cy & ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips a writt5 report t includes ! results ( ! evaluation & ! conclusion ( ! evaluator z to :e!r ! ,/ate or local gov]nm5t has fulfill$ ea* obligation ( ! agreem5t1 along ) in=mation on ! unique factors t contribut$ to ! success or failure ( ! project1 ! *all5ges fac$ 9 attempt+ to a*ieve ! outcome1 & in=mation on ! improv$ future deliv]y ( ?is or simil> int]v5tions4 7#b7 ,submission to ! ,secret>y & ,congress ,n lat] ?an #cj days aft] receipt ( ! writt5 report pursuant to p>agraph 7#a77;,b71 ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips %all submit ! report to ! ,secret>y & ea* committee ( jurisdiction 9 ! ,h\se ( ,repres5tatives & ! ,s5ate4 7f7 ,limitation on co/ ( evaluations ,( ! am\nts appropriat$ to c>ry out ?is subtitle1 ! ,secret>y may n obligate m ?an #ae p]c5t to evaluate ! implem5tation & outcomes ( ! projects4 7g7 ,delegation ( au?ority ,! ,secret>y may transf] to ! head ( ano!r ,f$]al ag5cy ! au?orities provid$ 9 ?is section & any funds necess>y to ex]cise ! au?orities4 #bjef4 ,f$]al int]ag5cy c\ncil on social impact p>tn]%ips 7a7 ,e/abli%m5t ,!re is e/abli%$ ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips 79 ?is section ref]r$ to z ! ,c\ncil7 to-- 7#a7 coord9ate ) ! ,secret>y on ! ef=ts ( social impact p>tn]%ip projects fund$ "u ?is subtitle2 7#b7 advise & assi/ ! ,secret>y 9 ! developm5t & implem5tation ( ! projects2 7#c7 advise ! ,secret>y on specific programmatic & policy matt] relat$ to ! projects2 7#d7 provide subject-matt] exp]tise to ! ,secret>y ) reg>d to ! projects2 7#e7 c]tify to ! ,secret>y t ea* ,/ate or local gov]nm5t t has ent]$ into an agreem5t ) ! ,secret>y = a social impact p>tn]%ip project "u ?is subtitle & ea* evaluator select$ by ! head ( ! relevant ag5cy "u section #bjee has access to ,f$]al adm9i/rative data to assi/ ! ,/ate or local gov]nm5t & ! evaluator 9 evaluat+ ! p]=mance & outcomes ( ! project2 7#f7 address issues t w influ5ce ! future ( social impact p>tn]%ip projects 9 ! ,unit$ ,/ates2 7#g7 provide guidance to ! executive bran* on ! future ( social impact p>tn]%ip projects 9 ! ,unit$ ,/ates2 7#h7 prior to approval by ! ,secret>y1 c]tify t ea* ,/ate & local gov]nm5t application = a social impact p>tn]%ip conta9s rigor\s1 indep5d5t data & reliable1 evid5ce-bas$ rese>* me?odologies to support ! conclusion t ! project w yield sav+s to ! ,/ate or local gov]nm5t or ! ,f$]al ,gov]nm5t if ! project outcomes are a*iev$2 7#i7 c]tify to ! ,secret>y1 9 ! case ( ea* approv$ social impact p>tn]%ip t is expect$ to yield sav+s to ! ,f$]al ,gov]nm5t1 t ! project w yield a project$ sav+s to ! ,f$]al ,gov]nm5t if ! project outcomes are a*iev$1 & coord9ate ) ! relevant ,f$]al ag5cy to produce an aft]-action acc\nt+ once ! project is complete to det]m9e ! actual ,f$]al sav+s realiz$1 & ! ext5t to :i* actual sav+s align$ ) project$ sav+s2 & 7#aj7 provide p]iodic reports to ! ,secret>y & make available reports p]iodically to ,congress & ! public on ! implem5tation ( ?is subtitle4 7b7 ,composition ( c\ncil ,! ,c\ncil %all h #aa memb]s1 z foll[s3 7#a7 ,*air ,! ,*air ( ! ,c\ncil %all be ! ,director ( ! ,(fice ( ,managem5t & ,budget4 7#b7 ,o!r memb]s ,! head ( ea* ( ! foll[+ entities %all designate "o (fic] or employee ( ! entity to be a ,c\ncil memb]3 7,a7 ,! ,dep>tm5t ( ,labor4 7,b7 ,! ,dep>tm5t ( ,heal? & ,human ,s]vices4 7,c7 ,! ,social ,security ,adm9i/ration4 7,d7 ,! ,dep>tm5t ( ,agriculture4 7,e7 ,! ,dep>tm5t ( ,ju/ice4 7,f7 ,! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t4 7,g7 ,! ,dep>tm5t ( ,education4 7,h7 ,! ,dep>tm5t ( ,vet]ans ,affairs4 7,i7 ,! ,dep>tm5t ( ! ,treasury4 7,j7 ,! ,corporation = ,national & ,community ,s]vice4 #bjeg4 ,commission on social impact p>tn]%ips 7a7 ,e/abli%m5t ,!re is e/abli%$ ! ,commission on ,social ,impact ,p>tn]%ips 79 ?is section ref]r$ to z ! ,commission74 7b7 ,duties ,! duties ( ! ,commission %all be to-- 7#a7 assi/ ! ,secret>y & ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips 9 review+ applications = fund+ "u ?is subtitle2 7#b7 make recomm5dations to ! ,secret>y & ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips reg>d+ ! fund+ ( social impact p>tn]%ip agreem5ts & feasibility /udies2 & 7#c7 provide o!r assi/ance & in=mation z reque/$ by ! ,secret>y or ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips4 7c7 ,composition ,! ,commission %all be compos$ ( n9e memb]s1 ( :om-- 7#a7 "o %all be appo9t$ by ! ,presid5t1 :o w s]ve z ! ,*air ( ! ,commission2 7#b7 "o %all be appo9t$ by ! ,majority ,lead] ( ! ,s5ate2 7#c7 "o %all be appo9t$ by ! ,m9ority ,lead] ( ! ,s5ate2 7#d7 "o %all be appo9t$ by ! ,speak] ( ! ,h\se ( ,repres5tatives2 7#e7 "o %all be appo9t$ by ! ,m9ority ,lead] ( ! ,h\se ( ,repres5tatives2 7#f7 "o %all be appo9t$ by ! ,*airman ( ! ,committee on ,f9ance ( ! ,s5ate2 7#g7 "o %all be appo9t$ by ! rank+ memb] ( ! ,committee on ,f9ance ( ! ,s5ate2 7#h7 "o memb] %all be appo9t$ by ! ,*airman ( ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives2 & 7#i7 "o %all be appo9t$ by ! rank+ memb] ( ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives4 7d7 ,qualifications ( commission memb]s ,! memb]s ( ! ,commission %all-- 7#a7 be exp]i5c$ 9 f9ance1 economics1 pay = p]=mance1 or program evaluation2 7#b7 h relevant pr(essional or p]sonal exp]i5ce 9 a field relat$ to "o or m ( ! outcomes li/$ 9 section #bjeb7;b72 or 7#c7 be qualifi$ to review applications = social impact p>tn]%ip projects to det]m9e :e!r ! propos$ metrics & evaluation me?odologies are appropriately rigor\s & reliant ^u indep5d5t data & evid5ce-bas$ rese>*4 7e7 ,tim+ ( appo9tm5ts ,! appo9tm5ts ( ! memb]s ( ! ,commission %all be made n lat] ?an #abj days aft] ! date ( ! enactm5t ( ?is subtitle1 or1 9 ! ev5t ( a vacancy1 n lat] ?an #ij days aft] ! date ! vacancy arises4 ,if a memb] ( ,congress fails to appo9t a memb] by t date1 ! ,presid5t may select a memb] ( ! ,presid5t's *oice on behalf ( ! memb] ( ,congress4 ,not)/&+ ! prec$+ s5t5ce1 if n all appo9tm5ts h be5 made to ! ,commission z ( t date1 ! ,commission may op]ate ) no few] ?an #e memb]s until all appo9tm5ts h be5 made4 7f7 ,t]m ( appo9tm5ts 7#a7 ,9 g5]al ,! memb]s appo9t$ "u subsection 7c7 %all s]ve z foll[s3 7,a7 ,?ree memb]s %all s]ve = #b ye>s4 7,b7 ,?ree memb]s %all s]ve = #c ye>s4 7,c7 ,?ree memb]s 7"o ( :i* %all be ,*air ( ! ,commission appo9t$ by ! ,presid5t7 %all s]ve = #d ye>s4 7#b7 ,assignm5t ( t]ms ,! ,commission %all designate ! t]m l5g? t ea* memb] appo9t$ "u subsection 7c7 %all s]ve by unanim\s agreem5t4 ,9 ! ev5t t unanim\s agreem5t _c be rea*$1 t]m l5g?s %all be assign$ to ! memb]s by a r&om process4 7g7 ,vacancies ,subject to subsection 7e71 9 ! ev5t ( a vacancy 9 ! ,commission1 :e!r due to ! resignation ( a memb]1 ! expiration ( a memb]'s t]m1 or any o!r reason1 ! vacancy %all be fill$ 9 ! mann] 9 :i* ! orig9al appo9tm5t 0 made & %all n affect ! p[]s ( ! ,commission4 7h7 ,e?ics guidel9es ,at ! fir/ meet+ ( ! ,commission1 ! ,commission %all draft appropriate e?ics guidel9es = memb]s ( ! ,commission & /aff4 ,! guidel9es %all include provisions relat+ to conflicts ( int]e/1 includ+ f9ancial conflicts ( int]e/1 divid$ allegiances1 & f9ancial disclosure requirem5ts4 ,! ,commission %all consult ) ! ,secret>y z a "p ( draft+ ! guidel9es & %all furni% ! ,secret>y ) a copy ( ! complet$ guidel9es4 7i7 ,appo9tm5t p[] ,memb]s ( ! ,commission appo9t$ "u subsection 7c7 %all n be subject to confirmation by ! ,s5ate4 #bjeh4 ,fund+ 7a7 ,9 g5]al ,out ( any money 9 ! ,treasury n o!rwise appropriat$1 !re is h]eby appropriat$ to ! ,secret>y1 #cjj1jjj1jjj to c>ry out ! activities au?oriz$ "u ?is subtitle1 :i* %all rema9 available = exp5diture ?r\gh ! date describ$ 9 section #bjec7;c77#c74 7b7 ,limitation on use ( funds ,( ! am\nts appropriat$ to c>ry out ?is subtitle1 ! ,secret>y may n use m ?an #b1jjj1jjj 9 any fiscal ye> to support ! review1 approval1 & ov]sight ( social impact p>tn]%ip projects1 includ+ activities conduct$ by-- 7#a7 ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips e/abli%$ "u section #bjef2 7#b7 ! ,commission on ,social ,impact ,p>tn]%ips e/abli%$ "u section #bjeg2 & 7#c7 any o!r ag5cy consult$ by ! ,secret>y be=e approv+ a social impact p>tn]%ip project or a feasibility /udy "u section #bjed4 7c7 ,no ,f$]al fund+ = cr$it enhancem5ts ,no am\nt appropriat$ to c>ry out ?is subtitle may be us$ to provide any insurance1 gu>antee1 or o!r cr$it enhancem5t to a ,/ate or local gov]nm5t "u :i* a ,f$]al paym5t w\ld be made to a ,/ate or local gov]nm5t z ! result ( a ,/ate or local gov]nm5t fail+ to a*ieve an outcome specifi$ 9 an agreem5t4 #bjei4 ,website ,! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips %all e/abli% & ma9ta9 a public website t %all display ! foll[+3 7#a7 ,a copy (1 or me?od ( access+1 ea* notice publi%$ reg>d+ a social impact p>tn]%ip project pursuant to ?is subtitle4 7#b7 ,a copy ( ea* feasibility /udy fund$ "u section #bjed4 7#c7 ,= ea* ,/ate or local gov]nm5t t has ent]$ into an agreem5t ) ! ,secret>y = a social impact p>tn]%ip project1 ! website %all conta9 ! foll[+ in=mation3 7,a7 ,! outcome goals ( ! project4 7,b7 ,a description ( ea* int]v5tion 9 ! project4 7,c7 ,! t>get population t w be s]v$ by ! project4 7,d7 ,! expect$ social b5efits to p>ticipants :o receive ! int]v5tion & o!rs :o may be impact$4 7,e7 ,! detail$ roles1 responsibilities1 & purposes ( ea* ,f$]al1 ,/ate1 or local gov]nm5t entity1 int]m$i>y1 s]vice provid]1 indep5d5t evaluator1 inve/or1 or o!r /akehold]4 7,f7 ,! paym5t t]ms1 me?odology us$ to calculate outcome paym5ts1 ! paym5t s*$ule1 & p]=mance ?re%olds4 7,g7 ,! project budget4 7,h7 ,! project timel9e4 7,i7 ,! project eligibility crit]ia4 7,j7 ,! evaluation design4 7,k7 ,! metrics us$ to det]m9e :e!r ! propos$ outcomes h be5 a*iev$ & h[ ^! metrics are measur$4 7#d7 ,a copy ( ! progress reports & ! f9al reports relat+ to ea* social impact p>tn]%ip project4 7#e7 ,an e/imate ( ! sav+s to ! ,f$]al1 ,/ate1 & local gov]nm5t1 on a program-by-program basis & 9 ! aggregate1 result+ f ! successful completion ( ! social impact p>tn]%ip project4 #bjfj4 ,regulations ,! ,secret>y1 9 consultation ) ! ,f$]al ,int]ag5cy ,c\ncil on ,social ,impact ,p>tn]%ips1 may issue regulations z necess>y to c>ry out ?is subtitle4 #bjfa4 ,,gao evaluation 7a7 ,9 g5]al ,five ye>s aft] ! date ( enactm5t ( ! ,social ,impact ,p>tn]%ips to ,pay = ,results ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all-- 7#a7 conduct an evaluation ( ! social impact p>tn]%ip projects fund$ "u ?is subtitle &1 to ! ext5t ! ,comptroll] ,g5]al det]m9es necess>y1 ( any o!r activities c>ri$ out ) funds made available to c>ry out ?is subtitle2 & 7#b7 submit a report to ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives & to ! ,committee on ,f9ance ( ! ,s5ate t conta9s ! results ( su* evaluation4 7b7 ,access to records ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all h access to any books1 acc\nts1 records1 correspond5ce1 & o!r docum5ts t are relat$ to ! exp5diture ( ,f$]al funds "u ?is subtitle & t are 9 ! possession1 cu/ody1 or control ( any entity receiv+ ,f$]al funds "u ?is subtitle or ( any grantee or contractor ( su* an entity4 #bjfb4 ,def9itions ,9 ?is subtitle 7#a7 ,ag5cy ,! t]m ag5cy has ! mean+ giv5 t t]m 9 section #eea ( title #e1 ,unit$ ,/ates ,code4 7#b7 ,int]v5tion ,! t]m int]v5tion means a specific s]vice deliv]$ to a*ieve an impact ?r\gh a social impact p>tn]%ip project4 7#c7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ! ,treasury4 7#d7 ,social impact p>tn]%ip project ,! t]m social impact p>tn]%ip project means a project t f9ances social s]vices us+ a social impact p>tn]%ip model4 7#e7 ,social impact p>tn]%ip model ,! t]m social impact p>tn]%ip model means a me?od ( f9anc+ social s]vices 9 :i*-- 7,a7 ,f$]al funds are aw>d$ to a ,/ate or local gov]nm5t only if a ,/ate or local gov]nm5t a*ieves c]ta9 outcomes agre$ on by ! ,/ate or local gov]nm5t & ! ,secret>y2 & 7,b7 ! ,/ate or local gov]nm5t coord9ates ) s]vice provid]s1 inve/ors 7if applicable to ! project71 & 7if necess>y7 an int]m$i>y to id5tify-- 7i7 an int]v5tion expect$ to produce ! outcome2 7ii7 a s]vice provid] to deliv] ! int]v5tion to ! t>get population2 & 7iii7 inve/ors to fund ! deliv]y ( ! int]v5tion4 7#f7 ,/ate ,! t]m ,/ate means ea* ,/ate ( ! ,unit$ ,/ates1 ! ,di/rict ( ,columbia1 ea* commonweal?1 t]ritory or possession ( ! ,unit$ ,/ates1 & ea* f$]ally recogniz$ ,indian tribe4 4