,,ii #aafth ,,congress #b;d ,session ,s4 #dgce ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #bd1 #bjbj,ms4 ,hassan 7for herself and ,mr4 ,paul7 introduced the following bill2 which was read twice and referred to the ,committee on ,homeland ,security and ,governmental ,affairs ,a ,,bill ,to address recommendations made to ,congress by the ,government ,accountability ,office as detailed in its annual report on duplication1 fragmentation1 and overlap1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,acting on the ,annual ,duplication ,report ,act of #bjbj4 #b4 ,findings2 sense of ,congress 7a7 ,findings ,congress makes the following findings3 7#a7 ,the annual reports prepared by the ,comptroller ,general of the ,united ,states under section #ba of the ,joint ,resolution entitled ,joint ,resolution increasing the statutory limit on the public debt1 approved ,february #ab1 #bjaj 7#ac ,u4,s4,c4 #gab note71 have produced approximately #dbi1jjj1jjj1jjj in financial benefits for the ,federal ,government4 7#b7 #bjbj marks the tenth year that the ,comptroller ,general has prepared this valuable report1 and during that time1 agencies have made significant progress fully or partially addressing the over #ijj actions identified by the ,comptroller ,general in the past decade4 7#c7 ,the #bjbj report entitled ,additional ,opportunities to ,reduce ,fragmentation1 ,overlap1 and ,duplication and ,achieve ,billions in ,financial ,benefits 7,,gao-#bj-bddj,,sp7 identified #afh new actions that ,congress or the executive branch can take to improve efficiency and effectiveness across the ,federal ,government1 and potentially to save tens of billions of dollars4 7#d7 ,those financial benefits cannot be realized without full implementation of the actions and recommendations set forth by the ,comptroller ,general4 7#e7 ,of the #afh new actions1 several require legislation to be fully implemented1 including-- 7,a7 requiring the ,secretary of the ,treasury to set cybersecurity standards for third-party tax preparation companies to better protect taxpayer information1 as well as requiring the ,commissioner of the ,internal ,revenue ,service to organize and coordinate all aspects of the ,service's efforts to protect taxpayer information received from third-party preparers2 7,b7 requiring the ,secretary of the ,department of ,housing and ,urban ,development to evaluate and report to ,congress on the adequacy of the ,government ,national ,mortgage ,association's guaranty fee for single-family mortgage-backed securities to provide capital reserves to endure losses1 as well as the ,government ,national ,mortgage ,association's reliance on contractors and their associated costs2 and 7,c7 requiring the ,secretary of the ,navy to submit reports to ,congress if a critical cost estimate breach occurs within the major defense ship acquisition program4 7b7 ,sense of congress ,it is the sense of ,congress that-- 7#a7 it is the responsibility of ,congress and the executive branch to take action to implement recommendations made in the annual reports of the ,government ,accountability ,office on reducing duplication1 fragmentation1 and overlap in ,federal programs to be good stewards of taxpayer dollars by achieving significant savings and avoiding wasteful spending2 and 7#b7 legislation and adequate resources are needed to ensure that all potential financial benefits are realized from the implementation of those recommendations4 #c4 ,protecting the security of taxpayer information held by third-party providers by improving coordination and establishing minimum security requirements to reduce fragmentation 7a7 ,regulation of security requirements for tax return preparers and authorized e-,file providers 7#a7 ,in general ,not later than #ahj days after the date of the enactment of this ,act1 the ,secretary of the ,treasury 7or the ,secretary's delegate7 shall prescribe standards for the security of return information and information technology systems that are consistent with security standards issued by the ,national ,institute for ,standards and ,technology4 7#b7 ,penalty for failure to secure information 7,a7 ,in general ,section #ffie of the ,internal ,revenue ,code of #aihf is amended by redesignating subsection 7h7 as subsection 7i7 and by inserting after subsection 7g7 the following new subsection3 7h7 ,failure ,to comply with electronic return security standards ,any person who is authorized by the ,secretary to provide electronic filing services and who fails to secure return information and information technology standards in such manner as prescribed by the ,secretary shall pay a penalty of #ejj for each such failure4 ,the maximum penalty imposed under this subsection on any person with respect to any calendar year shall not exceed #be1jjj4 4 7,b7 ,inflation adjustment ,section #ffie7;i7 of such ,code1 as redesignated by subparagraph 7,a71 is amended-- 7i7 by redesignating paragraph 7#b7 as paragraph 7#c72 7ii7 by inserting after paragraph 7#a7 the following new paragraph3 7#b7 ,failure to comply with security standards ,in the case of any failure described in subsection 7h7 in a calendar year beginning after #bjba1 each of the dollar amounts under subsection 7h7 shall be increased by an amount equal to such dollar amount multiplied by the cost-of-living adjustment determined under section #a7;f77#c7 for the calendar year determined by substituting calendar year #bjbj for calendar year #bjaf in subparagraph 7,a77ii7 thereof4 2 and 7iii7 in paragraph 7#c7 7as redesignated by clause 7i771 by striking paragraph 7#a7 and inserting paragraph 7#a7 or 7#b74 7,c7 ,effective date ,the amendments made by this paragraph shall apply to failures described in section #ffie7;h7 of the ,internal ,revenue ,code of #aihf 7as added by subparagraph 7,a77 after the date that is #fj days after the date the ,secretary prescribes the standards required under paragraph 7#a74 7b7 ,coordination of taxpayer information security ,not later than #ahj days after the date of enactment of this ,act1 the ,commissioner of ,internal ,revenue shall develop an organizational plan to create a centralized body or other governance structure to coordinate all aspects of the ,internal ,revenue ,service's efforts to protect return information while being held or transmitted by those authorized by the ,internal ,revenue ,service to provide electronic filing services4 ,the ,commissioner shall transmit the organizational plan to the ,committee on ,finance of the ,senate1 the ,committee on ,homeland ,security and ,governmental ,affairs of the ,senate1 the ,committee on ,ways and ,means of the ,house of ,representatives1 and the ,committee on ,oversight and ,reform of the ,house of ,representatives4 #d4 ,optimizing revenue intake and saving taxpayer dollars at ginnie mae by assessing current practices and exploring alternative governance structures to provide better oversight 7a7 ,definitions ,in this section-- 7#a7 the term appropriate congressional committees means-- 7,a7 the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate2 7,b7 the ,committee on ,homeland ,security and ,governmental ,affairs of the ,senate2 7,c7 the ,committee on ,financial ,services of the ,house of ,representatives2 and 7,d7 the ,committee on ,oversight and ,reform of the ,house of ,representatives2 7#b7 the term ,association means the ,government ,national ,mortgage ,association2 and 7#c7 the term ,secretary means the ,secretary of ,housing and ,urban ,development4 7b7 ,guaranty fee study and report ,not later than #a year after the date of enactment of this ,act1 the ,secretary shall conduct a study and submit to the appropriate congressional committees and the ,comptroller ,general of the ,united ,states a report on the adequacy of the guaranty fee of the ,association for single-family mortgage-backed securities1 which shall-- 7#a7 evaluate the extent to which the level of the guaranty fee for single-family mortgage-backed securities provides the ,association with sufficient reserves to cover potential losses under different economic scenarios1 including adverse scenarios1 based on an actuarial or similar analysis2 7#b7 identify the types of standards that the ,association could use to set the guaranty fee for single-family mortgage-backed securities and evaluate which standard or standards would enable the ,association to set the guaranty fee at an appropriate level in line with the mission of the ,association2 7#c7 assess the benefits and costs of adopting a risk-based guaranty fee for single-family mortgage-backed securities that imposes a higher fee on higher risk issuers2 7#d7 analyze how and to what extent an increase in the guaranty fee 7for all issuers and a subset of riskier issuers7 would affect borrowers' financing1 closing1 and other related costs for federally insured mortgage loans2 and 7#e7 if warranted1 include recommendations for any necessary amendments to the ,national ,housing ,act 7#ab ,u4,s4,c4 #agja et seq47 to change the guaranty fee for single-family mortgage-backed securities1 including for establishing a standard under which the ,association can determine the level of the guaranty fee for single-family mortgage-backed securities4 7c7 ,reliance on contractors study and report ,not later than #a year after the date of enactment of this ,act1 the ,secretary shall conduct a study and submit to the appropriate congressional committees and the ,comptroller ,general of the ,united ,states a report evaluating the workforce composition of the ,association in consideration of the critical functions of the ,association1 which shall-- 7#a7 analyze-- 7,a7 the number of ,federal employees and contractors by type of role or position that the ,association uses to perform compliance1 risk management1 and other critical functions1 and the cost of a full-time equivalent ,federal employee versus a contractor for comparable roles or positions2 7,b7 the extent to which the ,association could use ,federal employees instead of contractors by role or position to perform critical functions2 7,c7 the types and amounts of costs that the ,association could save by using ,federal employees instead of contractors1 where possible1 to perform critical functions1 such as savings from differences in pay and not having to oversee contractors2 7,d7 whether the ,association would face any legal or other obstacles in using ,federal employees instead of contractors to perform critical functions2 and 7,e7 the potential negative and positive effects of using ,federal employees instead of contractors on the ability of the ,association to achieve the mission of the ,association2 and 7#b7 if warranted1 include recommendations for any necessary amendments to the ,national ,housing ,act 7#ab ,u4,s4,c4 #agja et seq47 to change the funding structure of the ,association4 7d7 ,compensation structure study and report ,not later than #a year after the date of enactment of this ,act1 the ,secretary shall conduct a study and submit to the appropriate congressional committees and the ,comptroller ,general of the ,united ,states a report evaluating the workforce challenges of the ,association1 which shall-- 7#a7 analyze1 quantitatively to the extent possible1 the challenges of the ,association in hiring and retaining staff1 including compensation1 during the #c-year period preceding the report2 7#b7 identify and summarize the options that the ,association has pursued within existing authorities to address the staffing challenges of the ,association1 including which agencies or offices were involved1 and the key decisions and outcomes of those efforts2 7#c7 identify options that the ,association did not pursue within existing authorities to address the staffing challenges of the ,association and the reasons for not pursuing those options2 7#d7 identify and evaluate options outside of existing authorities that the ,association could use to address the staffing challenges of the ,association and the potential benefits and costs of those options2 and 7#e7 if warranted1 include recommendations for any necessary amendments to the ,national ,housing ,act 7#ab ,u4,s4,c4 #agja et seq47 to change how the ,government ,national ,mortgage ,association sets compensation4 7e7 ,review of reforms to ginnie mae's organizational and oversight structure ,the ,comptroller ,general of the ,united ,states shall conduct a study and submit to the appropriate congressional committees a report on alternate ways of overseeing the ,association to address increasing risks1 which shall-- 7#a7 review the reports submitted by the ,secretary under subsections 7b71 7c71 and 7d7 to determine if the reports addressed the required provisions and assess any recommendations made in those reports2 7#b7 identify key challenges or constraints that the ,association has faced under the governance and funding structure of the ,association as a government corporation within the ,department of ,housing and ,urban ,development2 7#c7 identify alternative models under which the governance and funding structure of the ,association could be reorganized to better support housing policy priorities in the ,united ,states and to ensure that the ,association fulfilling the role of increasing liquidity in the housing finance market while also minimizing risk to the taxpayer2 7#d7 evaluate the potential positive and negative impacts of the models described in paragraph 7#c7 on the ,association1 the ,department of ,housing and ,urban ,development1 and other stakeholders2 7#e7 obtain input from relevant stakeholders1 such as ,federal entities1 lenders1 issuers1 investors1 affordable housing advocates1 and researchers1 on reforms to the organizational and oversight structure of the ,association2 7#f7 consider the housing finance system and ways in which alternative oversight structures of the ,association could impact the system2 and 7#g7 review such other information as the ,comptroller ,general determines relevant4 #e4 ,controlling unanticipated sustainment costs associated with ,navy major defense ship acquisition programs through robust oversight 7a7 ,in general ,chapter #add of title #aj1 ,united ,states ,code1 is amended by inserting after section #bdcc;a the following new section3 #bdcc;b4 ,critical operating and support cost estimate growth in ,navy shipbuilding programs 7a7 ,reporting ,not later than #ahj days after identifying a critical operating and support cost estimate breach in a ,department of the ,navy major defense ship acquisition program1 the ,secretary of the ,navy shall submit to the ,committee on ,armed ,services and ,committee on ,homeland ,security and ,governmental ,affairs of the ,senate and the ,committee on ,armed ,services and ,committee on ,oversight and ,reform of the ,house of ,representatives a report that includes the following3 7#a7 ,a determination and documentation of the root cause or causes of the critical operating and support cost estimate growth4 7#b7 ,a reassessment of the program's operating and support cost estimate that includes a new manpower analysis1 incorporates available actual cost data1 and includes a sensitivity analysis of key assumptions4 7#c7 ,a plan to reduce the estimated operating and support costs1 including the amount that could be reduced and the trade-offs or challenges in making these reductions4 7#d7 ,a reassessment of the program's ability to meet any changes to the program's sustainment key performance parameter related to operational availability and materiel availability4 7#e7 ,a determination to terminate or modify the program or a certification that the program continues to be essential to national security and that the program will meet its planned requirements4 7b7 ,definitions ,in this section-- 7#a7 the term average annual operating and support costs per ship means the total operating support costs associated with a program1 divided by the number of hulls1 multiplied by the years of service life described in the original ,baseline ,estimate2 7#b7 the term critical operating and support cost estimate growth means growth that exceeds the operating and support cost estimate thresholds by at least #cj percent1 as stated in terms of constant base years dollars1 over the average annual operating and support costs per ship as derived from the original ,baseline ,estimate for the program1 during the period the ,navy submits ,selected ,acquisition ,reports or alternatives to the ,selected ,acquisition ,reports in accordance with section #bdcb of this title2 and 7#c7 the term major defense ship acquisition program means any ,department of the ,navy shipbuilding program with estimated costs equivalent to the dollar thresholds for a major defense acquisition program under section #bdcj of this title4 4 7b7 ,clerical amendment ,the table of sections at the beginning of chapter #add of such title is amended by inserting after the item relating to section #bdcc;a the following new item3 #bdcc;b4 ,critical operating and support cost estimate growth in ,navy shipbuilding programs4 4