,,ii #aaf? ,,congress #b;d ,session ,s4 #dagd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #b1 #bjbj,ms4 ,coll9s 7= h]self1 ,mrs4 ,fe9/e91 ,mr4 ,da9es1 ,mr4 ,jones1 & ,mr4 ,te/]7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ,a ,,bill ,to provide em]g5cy appropriations to ! ,unit$ ,/ates ,po/al ,s]vice to cov] losses relat$ to ! ,,covid-#ai crisis & to direct ! ,bo>d ( ,gov]nors ( ! ,unit$ ,/ates ,po/al ,s]vice to develop a plan = ensur+ ! long t]m solv5cy ( ! ,po/al ,s]vice4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,po/al ,s]vice ,em]g5cy ,assi/ance ,act4 #b4 ,f9d+s ,! ,congress f9ds ! foll[+3 7#a7 ,by law1 ! ,po/al ,s]vice op]ates z a basic & fundam5tal s]vice provid$ to ! p by ! ,gov]nm5t ( ! ,unit$ ,/ates & mu/ s]ve rural1 suburban1 & urban areas ?r\gh\t ! ,unit$ ,/ates4 7#b7 ,! ,po/al ,s]vice is a lifel9e = bus9esses & consum]s across ! ,unit$ ,/ates1 especially ^? 9 remote & rural areas ( ! c\ntry1 deliv]+ bus9ess correspond5ce1 educational1 cultural & sci5tific in=mation1 critical prescriptions & m$ications1 h\sehold items1 & comm]cial goods ) af=dable1 reliable s]vice n few] ?an #f days p] week4 7#c7 ,! ,po/al ,s]vice helps small bus9esses /ay connect$ ) _! cu/om]s no matt] :]e !y are locat$ or :]e _! cu/om]s live4 7#d7 ,s9ce #aigj1 ! ,po/al ,s]vice has be5 *>g$ ) op]at+ z a self-su/a9+ entity & its op]ations are fund$ f po/age paid = mail & %ipp+ & n prim>ily by taxpay] funds4 7#e7 ,! ,gov]nm5t ,acc\ntability ,(fice reports t ! ,po/al ,s]vice has lo/ approximately #gh1jjj1jjj1jjj f fiscal ye> #bjjg ?r\gh #bjai due prim>ily to decl9+ mail volumes & ris+ co/s4 7#f7 ,package deliv]y volumes h m ?an d\bl$ s9ce #bjaj1 b ! ,po/al ,s]vice faces competition 9 ?is area4 7#g7 ,! ,po/al ,s]vice is n on a su/a9able pa? & ne$s re=m to be viable ov] ! long t]m4 7#h7 ,re=ms mu/ be focus$ on ! long t]m solv5cy ( ! ,po/al ,s]vice :ile ensur+ ! greate/ b5efit to ! public & #fcj1jjj employees ( ! ,po/al ,s]vice4 7#i7 ,by law1 ! au?ority = op]ation & /rategic direction ( ! ,po/al ,s]vice1 an indep5d5t e/abli%m5t ( ! executive bran*1 is delegat$ to ! ,bo>d ( ,gov]nors ( ! ,po/al ,s]vice1 includ+ ! ,po/ma/] ,g5]al4 7#aj7 ,on ,may #f1 #bjbj1 ! ,bo>d ( ,gov]nors ( ! ,po/al ,s]vice select$ ,l\is ,de,joy z ! #ge? ,po/ma/] ,g5]al ( ! ,unit$ ,/ates4 7#aa7 ,! new ,po/ma/] ,g5]al %\ld be giv5 ! opportunity to review ! op]ations & f9ances ( ! ,po/al ,s]vice &1 9 coord9ation ) ! re/ ( ! ,bo>d ( ,gov]nors ( ! ,po/al ,s]vice1 propose a plan to ensure its long t]m viability4 7#ab7 ,at ! same "t1 ! ,,covid-#ai p&emic has significantly contribut$ to ! decl9e 9 m>ket dom9ant mail volumes & rev5ues :ile increas+ co/s1 putt+ additional /ress on ! f9ancial situation ( ! ,po/al ,s]vice4 7#ac7 ,n[ m ?an ev]1 af=dable mail & package deliv]y provid$ by ! ,po/al ,s]vice is a lifel9e = p 9 ! ,unit$ ,/ates1 especially = s5iors & o!rs liv+ 9 remote & rural areas4 7#ad7 ,! critical s]vices ! ,po/al ,s]vice provides w play a fundam5tal "p ( ! economic recov]y ( ! ,unit$ ,/ates4 7#ae7 ,congress %\ld provide imm$iate em]g5cy appropriations to cov] f9ancial losses to ! ,po/al ,s]vice caus$ by ! ,,covid-#ai p&emic 9 ord] to keep ! ,po/al ,s]vice op]at+ )\t int]ruptions 9 s]vice & to give ! new ,po/ma/] ,g5]al & ! ,bo>d ( ,gov]nors ( ! ,po/al ,s]vice "t to =mulate & propose to ,congress a plan to ensure ! long t]m viability ( ! ,po/al ,s]vice4 7#af7 ,9 addition1 al?\gh ,congress recogniz$ ! critical role ! ,po/al ,s]vice plays by provid+ #aj1jjj1jjj1jjj 9 borr[+ au?ority 9 ! ,,c>es ,act 7,public ,law #aaf-acf2 #acd ,/at4 #bha7 to address op]at+ losses caus$ by ! ,,covid-#ai p&emic1 cl>ification is requir$ ) respect to ! t]ms & conditions impos$ by ! ,secret>y ( ! ,treasury on any su* borr[+4 #c4 ,def9itions ,9 ?is ,act3 7#a7 ,,covid-#ai ,! t]m ,,covid-#ai means ! coronavirus disease #bjai 7,,covid-#ai74 7#b7 ,po/al ,s]vice ,! t]m ,po/al ,s]vice means ! ,unit$ ,/ates ,po/al ,s]vice4 #d4 ,em]g5cy appropriations = ! ,po/al ,s]vice to cov] ,,covid-#ai induc$ losses 7a7 ,9 g5]al ,!re is e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates a fund to be kn[n z ! ,po/al ,s]vice ,,covid-#ai ,em]g5cy ,fund4 7b7 ,appropriations ,!re is appropriat$1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to ! ,po/al ,s]vice ,,covid-#ai ,em]g5cy ,fund1 #be1jjj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbb1 pursuant to ?is section3 ,provid$1 ,t su* am\nt is designat$ by ,congress z be+ = an em]g5cy requirem5t pursuant to section #bea7;b77#b77;,a77i7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe 7#b ,u4,s4,c4 #ija7;b77#b77;,a77i774 7c7 ,c]tification ,! ,po/al ,s]vice %all c]tify 9 its qu>t]ly & audit$ annual reports to ! ,po/al ,regulatory ,commission "u section #cfed ( title #ci1 ,unit$ ,/ates ,code1 & 9 con=mity ) ! requirem5ts ( section #ac or #ae7;d7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghm1 #gho7d771 any exp5ditures necess>y to cov] lo/ rev5ue or op]ational exp5ses result+ f ! ,,covid-#ai p&emic4 ,! ,po/al ,s]vice %all provide copies ( ^! c]tifi$ fil+s to ! ,s5ate ,committee on ,homel& ,security & ,gov]nm5tal ,affairs1 & ! ,h\se ,committee on ,ov]sight & ,re=m )9 #ae days ( any fil+ ) ! ,po/al ,regulatory ,commission4 7d7 ,transf] ,)9 #ae days ( any fil+ ) ! ,po/al ,regulatory ,commission1 z ref]5c$ 9 subsection 7c71 ! ,secret>y ( ! ,treasury %all transf] f ! ,po/al ,s]vice ,,covid-#ai ,em]g5cy ,fund to ! ,po/al ,s]vice ,fund su* am\nts1 up to #be1jjj1jjj1jjj c]tifi$ z exp5ditures necess>y to cov] lo/ rev5ue or op]ational exp5ses result+ f ! ,,covid-#ai p&emic1 pursuant to subsection 7c74 ,?is transf] au?ority is 9 addition to any o!r transf] au?ority provid$ 9 ?is ,act4 ,any am\nts transf]r$ to ! ,po/al ,s]vice ,fund "u ?is section may be us$ = su* purposes z ! ,po/al ,s]vice consid]s appropriate1 pursuant to ?is section4 7e7 ,additional requirem5t ,! ,po/al ,s]vice1 dur+ ! ,,covid-#ai p&emic1 %all prioritize ! pur*ase (1 & make available to all employees & facilities ( ! ,po/al ,s]vice1 p]sonal protective equipm5t1 includ+ gloves1 masks1 & sanitiz]s1 & %all conduct additional clean+ & sanitiz+ ( ,po/al ,s]vice facilities & deliv]y vehicles4 #e4 ,cl>ification ( ,po/al ,s]vice borr[+ au?ority ,section #fjja7;b77#b7 ( ! ,coronavirus ,aid1 ,relief1 & ,economic ,security ,act 7,public ,law #aaf-acf7 is am5d$ to read z foll[s3 7#b7 ! ,secret>y ( ! ,treasury %all l5d up to ! am\nt describ$ 9 p>agraph 7#a7 at ! reque/ ( ! ,po/al ,s]vice subject to ! t]ms & conditions ( ! note pur*ase agreem5t betwe5 ! ,po/al ,s]vice & ! ,f$]al ,f9anc+ ,bank 9 effect on ,septemb] #bi1 #bjah4 4 #f4 ,po/al ,s]vice re=m plan 7a7 ,9 g5]al ,! ,po/ma/] ,g5]al %all1 9 coord9ation ) ! re/ ( ! ,bo>d ( ,gov]nors ( ! ,po/al ,s]vice1 develop a plan to ensure ! long-t]m solv5cy ( ! ,po/al ,s]vice4 7b7 ,submission to ,congress ,no lat] ?an #bgj days aft] ! date ( enactm5t ( ?is ,act1 ! ,po/al ,s]vice %all submit to ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ( ! ,s5ate1 ! ,committee on ,ov]sight & ,re=m ( ! ,h\se ( ,repres5tatives1 & ! ,po/al ,regulatory ,commission ! plan requir$ "u ?is section1 includ+ recomm5dations = congressional action4 7c7 ,congressional update ,prior to submission ( ! plan requir$ "u subsection 7b7 & n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,po/al ,s]vice %all provide a brief+ on ! /atus ( ! plan to ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ( ! ,s5ate & ! ,committee on ,ov]sight & ,re=m ( ! ,h\se ( ,repres5tatives4