#aafth ,,congress  #ast ,session  ,h4   
,r4 #igd  ,,an ,,act  ,to amend the     
,federal ,reserve ,act to require the   
,vice ,chairman for ,supervision of the 
,board of ,governors of the ,federal    
,reserve ,system to provide a written   
report1 and for other purposes4  #a4    
,short title ,this ,act may be cited as 
the ,federal ,reserve ,supervision      
,testimony ,clarification ,act4  #b4    
,vice ,chairman for ,supervision report 
requirement ,paragraph 7#ab7 of section 
#aj of the ,federal ,reserve ,act 7#ab  
,u4,s4,c4 #bdg;b7 is amended--  7#a7 by 
redesignating such paragraph as         
paragraph 7#aa72 and  7#b7 in such      
paragraph--  7,a7 by striking shall     
appear and inserting shall provide      
written testimony and appear2 and  7,b7 
by adding at the end the following3 ,if1
 at the time of any appearance described
 in this paragraph1 the position of     
,vice ,chairman for ,supervision is     
vacant1 the ,chairman or their designee 
shall appear instead and provide the    

required written testimony44  #c4       
,determination of ,budgetary ,effects   
,the budgetary effects of this ,act1 for
 the purpose of complying with the      
,statutory ,pay-,as-,you-,go ,act of    
#bjaj1 shall be determined by reference 
to the latest statement titled          
,budgetary ,effects of ,,paygo          
,legislation for this ,act1 submitted   
for printing in the ,congressional      
,record by the ,chairman of the ,house  
,budget ,committee1 provided that such  
statement has been submitted prior to   
the vote on passage4  ,passed the ,house
 of ,representatives ,march #aa1        
#bjai4;,clerk4