,i #aag? ,,congress #a/ ,session ,h4 ,r4 #ebh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #bh1 #bjba,mr4 ,emm] introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to place ! ,f9ancial ,/ability ,ov]sight ,c\ncil & ! ,(fice ( ,f9ancial ,rese>* "u ! regul> appropriations process1 to provide = c]ta9 qu>t]ly report+ & public notice & comm5t requirem5ts = ! ,(fice ( ,f9ancial ,rese>*1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,f9ancial ,/ability ,ov]sight ,c\ncil ,re=m ,act4 #b4 ,fund+ 7a7 ,9 g5]al ,section #aee ( ! ,f9ancial ,/ability ,act ( #bjaj 7#ab ,u4,s4,c4 #ecde7 is am5d$-- 7#a7 9 subsection 7b7-- 7,a7 9 p>agraph 7#a71 by /rik+ be imm$iately available to ! ,(fice & ins]t+ be available to ! ,(fice1 z provid$ = 9 appropriation ,acts2 7,b7 by /rik+ p>agraph 7#b72 & 7,c7 by r$esignat+ p>agraph 7#c7 z p>agraph 7#b72 & 7#b7 9 subsection 7d71 by am5d+ ! head+ to read z foll[s3 ,assessm5t s*$ule4--4 7b7 ,effective date ,! am5dm5ts made by ?is section %all take effect on ,octob] #a1 #bjba4 #c4 ,qu>t]ly report+ ,section #aec ( ! ,f9ancial ,/ability ,act ( #bjaj 7#ab ,u4,s4,c4 #ecdc7 is am5d$ by add+ at ! end ! foll[+3 7g7 ,qu>t]ly report+ 7#a7 ,9 g5]al ,n lat] ?an #fj days aft] ! end ( ea* qu>t]1 ! ,(fice %all submit reports on ! ,(fice's activities to ! ,committees on ,appropriations ( ! ,h\se ( ,repres5tatives & ! ,s5ate1 ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives1 & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate4 7#b7 ,cont5ts ,! reports requir$ "u p>agraph 7#a7 %all include-- 7,a7 ! obligations made dur+ ! previ\s qu>t] by object class1 (fice1 & activity2 7,b7 ! e/imat$ obligations = ! rema9d] ( ! fiscal ye> by object class1 (fice1 & activity2 7,c7 ! numb] ( full-"t equival5ts )9 ! ,(fice dur+ ! previ\s qu>t]2 7,d7 ! e/imat$ numb] ( full-"t equival5ts )9 ea* (fice = ! rema9d] ( ! fiscal ye>2 & 7,e7 actions tak5 to a*ieve ! goals1 objectives1 & p]=mance measures ( ! ,(fice4 7#c7 ,te/imony ,at ! reque/ ( any committee specifi$ "u p>agraph 7#a71 ! ,(fice %all make (ficials available to te/ify on ! cont5ts ( ! reports requir$ "u p>agraph 7#a74 4 #d4 ,public notice & comm5t p]iod ,section #aec7;c7 ( ! ,f9ancial ,/ability ,act ( #bjaj 7#ab ,u4,s4,c4 #ecdc7;c77 is am5d$ by add+ at ! end ! foll[+3 7#c7 ,public notice & comm5t p]iod ,! ,(fice %all provide = a public notice & comm5t p]iod ( n less ?an #ij days be=e issu+ any propos$ report1 rule1 or regulation4 7#d7 ,additional report requirem5ts 7,a7 ,9 g5]al ,except z provid$ "u p>agraph 7#c71 ! requirem5ts "u section #eec ( title #e1 ,unit$ ,/ates ,code1 %all apply to a propos$ report ( ! ,(fice to ! same ext5t z su* requirem5ts apply to a propos$ rule ( ! ,(fice4 7,b7 ,exception = c]ta9 reports ,?is p>agraph & p>agraph 7#c7 %all n apply to a report requir$ "u subsection 7g77#a7 or section #aed7;d77#a74 4 #e4 ,additional duties ( ! ,(fice ( ,f9ancial ,rese>* ,section #aec ( ! ,f9ancial ,/ability ,act ( #bjaj 7#ab ,u4,s4,c4 #ecdc71 z am5d$ by section #c1 is fur!r am5d$ by add+ at ! end ! foll[+ new subsection3 7h7 ,additional duties 7#a7 ,annual "w plan 7,a7 ,9 g5]al ,! ,director %all1 aft] a p]iod ( #fj days = public notice & comm5t1 annually publi% a detail$ "w plan conc]n+ ! priorities ( ! ,(fice = ! upcom+ fiscal ye>4 7,b7 ,requirem5ts ,! "w plan %all include ! foll[+3 7i7 ,a unique alphanum]ic id5tifi] & detail$ description ( any report1 /udy1 work+ pap]1 grant1 guidance1 data collection1 or reque/ = in=mation t is expect$ to be 9 progress dur+1 or s*$ul$ to beg9 91 ! upcom+ fiscal ye>4 7ii7 ,= ea* item li/$ "u clause 7i71 a t>get date = any significant actions relat$ to su* item1 includ+ ! t>get date-- 7,i7 = ! release ( a report1 /udy1 or work+ pap]2 7,,ii7 =1 & topics (1 a meet+ ( a work+ pap] gr\p & ea* solicitation ( applications = grants2 & 7,,iii7 = ! issuance ( guidance1 data collections1 or reque/s = in=mation4 7iii7 ,a li/ ( all te*nical & pr(essional advisory committees t is expect$ to be conv5$ 9 ! upcom+ fiscal ye> pursuant to section #aeb7;h74 7iv7 ,! "n & pr(essional affiliations ( ea* individual :o s]v$ dur+ ! previ\s fiscal ye> z an academic or pr(essional fell[ pursuant to section #aeb7;i74 7v7 ,a detail$ description ( ! progress made by prim>y f9ancial regulatory ag5cies 9 adopt+ a unique alphanum]ic sy/em to id5tify legally di/9ct entities t engage 9 f9ancial transactions 7commonly kn[n z a ,legal ,entity ,id5tifi]71 includ+ a li/ ( regulations requir+ ! use ( su* a sy/em & actions tak5 to ensure ! adoption ( su* a sy/em by prim>y f9ancial regulatory ag5cies4 7#b7 ,public reports 7,a7 ,consultation ,9 prep>+ any public report ) respect to a specifi$ entity1 class ( entities1 or f9ancial product or s]vice1 ! ,director %all consult ) any ,f$]al dep>tm5t or ag5cy ) exp]tise 9 regulat+ ! entity1 class ( entities1 or f9ancial product or s]vice4 7,b7 ,report requirem5ts ,a public report describ$ 9 subp>agraph 7,a7 %all include-- 7i7 an explanation ( any *anges made z a result ( a consultation "u ?is subp>agraph &1 ) respect to any *anges sugge/$ 9 su* consultation t 7 n made1 ! reasons t ! ,director did n incorporate su* *anges2 & 7ii7 in=mation on ! date1 "t1 & nature ( su* consultation4 7,c7 ,notice & comm5t ,be=e issu+ any public report describ$ 9 subp>agraph 7,a71 ! ,director %all provide a p]iod ( #ij days = public notice & comm5t on ! report4 7#c7 ,cyb]security plan 7,a7 ,9 g5]al ,! ,(fice %all develop & implem5t a cyb]security plan t uses appropriate safegu>ds t are adequate to protect ! integrity & confid5tiality ( ! data 9 ! possession ( ! ,(fice4 7,b7 ,,gao review ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all annually audit ! cyb]security plan & its implem5tation describ$ 9 subp>agraph 7,a74 4