,,ii #aafth ,,congress #b;d ,session ,s4 #dagd ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,july #b1 #bjbj,ms4 ,collins 7for herself1 ,mrs4 ,feinstein1 ,mr4 ,daines1 ,mr4 ,jones1 and ,mr4 ,tester7 introduced the following bill2 which was read twice and referred to the ,committee on ,homeland ,security and ,governmental ,affairs ,a ,,bill ,to provide emergency appropriations to the ,united ,states ,postal ,service to cover losses related to the ,,covid-#ai crisis and to direct the ,board of ,governors of the ,united ,states ,postal ,service to develop a plan for ensuring the long term solvency of the ,postal ,service4 #a4 ,short title ,this ,act may be cited as the ,postal ,service ,emergency ,assistance ,act4 #b4 ,findings ,the ,congress finds the following3 7#a7 ,by law1 the ,postal ,service operates as a basic and fundamental service provided to the people by the ,government of the ,united ,states and must serve rural1 suburban1 and urban areas throughout the ,united ,states4 7#b7 ,the ,postal ,service is a lifeline for businesses and consumers across the ,united ,states1 especially those in remote and rural areas of the country1 delivering business correspondence1 educational1 cultural and scientific information1 critical prescriptions and medications1 household items1 and commercial goods with affordable1 reliable service not fewer than #f days per week4 7#c7 ,the ,postal ,service helps small businesses stay connected with their customers no matter where they are located or where their customers live4 7#d7 ,since #aigj1 the ,postal ,service has been charged with operating as a self-sustaining entity and its operations are funded from postage paid for mail and shipping and not primarily by taxpayer funds4 7#e7 ,the ,government ,accountability ,office reports that the ,postal ,service has lost approximately #gh1jjj1jjj1jjj from fiscal year #bjjg through #bjai due primarily to declining mail volumes and rising costs4 7#f7 ,package delivery volumes have more than doubled since #bjaj1 but the ,postal ,service faces competition in this area4 7#g7 ,the ,postal ,service is not on a sustainable path and needs reform to be viable over the long term4 7#h7 ,reforms must be focused on the long term solvency of the ,postal ,service while ensuring the greatest benefit to the public and #fcj1jjj employees of the ,postal ,service4 7#i7 ,by law1 the authority for operation and strategic direction of the ,postal ,service1 an independent establishment of the executive branch1 is delegated to the ,board of ,governors of the ,postal ,service1 including the ,postmaster ,general4 7#aj7 ,on ,may #f1 #bjbj1 the ,board of ,governors of the ,postal ,service selected ,louis ,de,joy as the #geth ,postmaster ,general of the ,united ,states4 7#aa7 ,the new ,postmaster ,general should be given the opportunity to review the operations and finances of the ,postal ,service and1 in coordination with the rest of the ,board of ,governors of the ,postal ,service1 propose a plan to ensure its long term viability4 7#ab7 ,at the same time1 the ,,covid-#ai pandemic has significantly contributed to the decline in market dominant mail volumes and revenues while increasing costs1 putting additional stress on the financial situation of the ,postal ,service4 7#ac7 ,now more than ever1 affordable mail and package delivery provided by the ,postal ,service is a lifeline for people in the ,united ,states1 especially for seniors and others living in remote and rural areas4 7#ad7 ,the critical services the ,postal ,service provides will play a fundamental part of the economic recovery of the ,united ,states4 7#ae7 ,congress should provide immediate emergency appropriations to cover financial losses to the ,postal ,service caused by the ,,covid-#ai pandemic in order to keep the ,postal ,service operating without interruptions in service and to give the new ,postmaster ,general and the ,board of ,governors of the ,postal ,service time to formulate and propose to ,congress a plan to ensure the long term viability of the ,postal ,service4 7#af7 ,in addition1 although ,congress recognized the critical role the ,postal ,service plays by providing #aj1jjj1jjj1jjj in borrowing authority in the ,,cares ,act 7,public ,law #aaf-acf2 #acd ,stat4 #bha7 to address operating losses caused by the ,,covid-#ai pandemic1 clarification is required with respect to the terms and conditions imposed by the ,secretary of the ,treasury on any such borrowing4 #c4 ,definitions ,in this ,act3 7#a7 ,,covid-#ai ,the term ,,covid-#ai means the coronavirus disease #bjai 7,,covid-#ai74 7#b7 ,postal ,service ,the term ,postal ,service means the ,united ,states ,postal ,service4 #d4 ,emergency appropriations for the ,postal ,service to cover ,,covid-#ai induced losses 7a7 ,in general ,there is established in the ,treasury of the ,united ,states a fund to be known as the ,postal ,service ,,covid-#ai ,emergency ,fund4 7b7 ,appropriations ,there is appropriated1 out of any money in the ,treasury not otherwise appropriated1 to the ,postal ,service ,,covid-#ai ,emergency ,fund1 #be1jjj1jjj1jjj1 to remain available until ,september #cj1 #bjbb1 pursuant to this section3 ,provided1 ,that such amount is designated by ,congress as being for an emergency requirement pursuant to section #bea7;b77#b77;,a77i7 of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7#b ,u4,s4,c4 #ija7;b77#b77;,a77i774 7c7 ,certification ,the ,postal ,service shall certify in its quarterly and audited annual reports to the ,postal ,regulatory ,commission under section #cfed of title #ci1 ,united ,states ,code1 and in conformity with the requirements of section #ac or #ae7;d7 of the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #ghm1 #gho7d771 any expenditures necessary to cover lost revenue or operational expenses resulting from the ,,covid-#ai pandemic4 ,the ,postal ,service shall provide copies of these certified filings to the ,senate ,committee on ,homeland ,security and ,governmental ,affairs1 and the ,house ,committee on ,oversight and ,reform within #ae days of any filing with the ,postal ,regulatory ,commission4 7d7 ,transfer ,within #ae days of any filing with the ,postal ,regulatory ,commission1 as referenced in subsection 7c71 the ,secretary of the ,treasury shall transfer from the ,postal ,service ,,covid-#ai ,emergency ,fund to the ,postal ,service ,fund such amounts1 up to #be1jjj1jjj1jjj certified as expenditures necessary to cover lost revenue or operational expenses resulting from the ,,covid-#ai pandemic1 pursuant to subsection 7c74 ,this transfer authority is in addition to any other transfer authority provided in this ,act4 ,any amounts transferred to the ,postal ,service ,fund under this section may be used for such purposes as the ,postal ,service considers appropriate1 pursuant to this section4 7e7 ,additional requirement ,the ,postal ,service1 during the ,,covid-#ai pandemic1 shall prioritize the purchase of1 and make available to all employees and facilities of the ,postal ,service1 personal protective equipment1 including gloves1 masks1 and sanitizers1 and shall conduct additional cleaning and sanitizing of ,postal ,service facilities and delivery vehicles4 #e4 ,clarification of ,postal ,service borrowing authority ,section #fjja7;b77#b7 of the ,coronavirus ,aid1 ,relief1 and ,economic ,security ,act 7,public ,law #aaf-acf7 is amended to read as follows3 7#b7 the ,secretary of the ,treasury shall lend up to the amount described in paragraph 7#a7 at the request of the ,postal ,service subject to the terms and conditions of the note purchase agreement between the ,postal ,service and the ,federal ,financing ,bank in effect on ,september #bi1 #bjah4 4 #f4 ,postal ,service reform plan 7a7 ,in general ,the ,postmaster ,general shall1 in coordination with the rest of the ,board of ,governors of the ,postal ,service1 develop a plan to ensure the long-term solvency of the ,postal ,service4 7b7 ,submission to ,congress ,no later than #bgj days after the date of enactment of this ,act1 the ,postal ,service shall submit to the ,committee on ,homeland ,security and ,governmental ,affairs of the ,senate1 the ,committee on ,oversight and ,reform of the ,house of ,representatives1 and the ,postal ,regulatory ,commission the plan required under this section1 including recommendations for congressional action4 7c7 ,congressional update ,prior to submission of the plan required under subsection 7b7 and not later than #ahj days after the date of enactment of this ,act1 the ,postal ,service shall provide a briefing on the status of the plan to the ,committee on ,homeland ,security and ,governmental ,affairs of the ,senate and the ,committee on ,oversight and ,reform of the ,house of ,representatives4