,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #ecjj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #d1 #bjai,mr4
 ,fo/] introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to am5d !         
,f9ancial ,/ability ,act ( #bjaj to     
pres]ve ! indep5d5t fund+ 9 ! ,(fice (  
,f9ancial ,rese>*1 to e/abli% m9imum    
/aff+ levels = ! ,f9ancial ,/ability    
,ov]sight ,c\ncil1 to e/abli% m9imum    
fund+ levels = su* /aff1 & = o!r        
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,enhanc+ ,f9ancial         
,/ability ,rese>* & ,ov]sight ,act4  #b4
 ,pres]v+ indep5d5t fund+ ,! ,f9ancial  
,/ability ,act ( #bjaj 7#ab ,u4,s4,c4   
#ecaa et seq47 is am5d$--  7#a7 9       
section #aeb-- 7,a7 by am5d+ subsection 
7c7 to read z foll[s3  7c7 ,budget  7#a7
 ,9 g5]al ,! ,director %all h sole      
discretion to e/abli% ! annual budget ( 
! ,(fice4  7#b7 ,m9imum fund+ level ( ! 
budget ,! annual budget ( ! ,(fice 9 any
 giv5 fiscal ye> %all n be less ?an     

#ajd1ggj1jjj4  7#c7 ,adju/m5t ( m9imum  
fund+ level ,! doll> am\nt ref]r$ to 9  
p>agraph 7#b7 %all be adju/$ annually by
 ! ,director1 us+ ! p]c5t increase1 if  
any1 9 ! employm5t co/ index = total    
comp5sation = ,/ate & local gov]nm5t    
work]s publi%$ by ! ,f$]al ,gov]nm5t1 or
 ! successor index !reto1 = ! #ab-mon?  
p]iod end+ ,septemb] #cj ( ! ye> prec$+ 
! annual budget4  7#d7 ,m9imum /aff+    
level ,! ,director %all ensure t !      
,(fice has n less ?an #bee full-"t      
equival5t positions4  2 &  7,b7 9       
subsection 7d71 by /rik+ 1 9            
consultation ) ! ,*airp]son1 ea* place  
su* t]m appe>s2  7,c7 9 subsection 7h71 
by /rik+ 1 9 consultation ) !           
,*airp]son12 &  7,d7 9 subsection 7i71  
by /rik+ 1 9 consultation ) !           
,*airp]son12  7#b7 9 section #aee-- 7,a7
 9 subsection 7d71 by ins]t+ be=e !     
p]iod ! foll[+3 1 z det]m9$ 9 ! sole    
discretion ( ! ,director2 &  7,b7 by    
add+ at ! end ! foll[+3  7e7            
,reviewability ,not)/&+ any o!r         

provision ( ?is subtitle1 ! fund+       
pursuant to subsection 7d7 %all n be    
subject to review by ! ,committees on   
,appropriations ( ! ,h\se (             
,repres5tatives & ! ,s5ate4  7f7        
,pres]vation ( ! ,(fice ( ,f9ancial     
,rese>*'s indep5d5ce ,no?+ 9 ?is section
 %all au?orize ! ,secret>y to influ5ce !
 budget or ! numb] or comp5sation (     
employees ( ! ,(fice4  4  #c4 ,m9imum   
,,fsoc /aff+ levels  7a7 ,m9imum /aff+  
level ,section #aaa ( ! ,f9ancial       
,/ability ,act ( #bjaj 7#ab ,u4,s4,c4   
#ecba7 is am5d$ by add+ at ! end !      
foll[+3  7k7 ,m9imum /aff+ level ,!     
,*airp]son ( ! ,c\ncil %all ensure t !  
,c\ncil has n less ?an #cf full-"t      
equival5t positions1 n includ+ any      
employees detail$ pursuant to subsection
 7j74  4  7b7 ,m9imum budget levels     
,section #aah ( ! ,f9ancial ,/ability   
,act ( #bjaj 7#ab ,u4,s4,c4 #ecbh7 is   
am5d$ to read z foll[s3  #aah4 ,c\ncil  
fund+  7a7 ,9 g5]al ,! ,(fice (         
,f9ancial ,rese>* %all transf] to !     

,c\ncil ! am\nt ( funds necess>y to pay 
= ! exp5ses ( ! ,c\ncil1 & ! ,c\ncil may
 imm$iately use su* funds4  7b7 ,m9imum 
budget ,! ,(fice ( ,f9ancial ,rese>*    
%all transf] n less ?an #h1ejj1jjj to ! 
,c\ncil ea* ye> to pay = ! /aff+ & o!r  
exp5ses ( ! ,c\ncil1 includ+ = ! (fice (
 ! indep5d5t memb] ( ! ,c\ncil describ$ 
"u section #aaa7;b77#a77;,j74 ,su* doll>
 am\nt %all be adju/$ annually by !     
,*airp]son ( ! ,c\ncil1 us+ ! p]c5t     
increase1 if any1 9 ! employm5t co/     
index = total comp5sation = ,/ate &     
local gov]nm5t work]s publi%$ by !      
,f$]al ,gov]nm5t1 or ! successor index  
!reto1 = ! #ab-mon? p]iod end+ ,septemb]
 #cj ( ! previ\s ye>4  4