,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #eifh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #ae1         
#bjba,mr4 ,budd introduc$ ! foll[+ bill2
 :i* 0 ref]r$ to ! ,committee on        
,ov]sight & ,re=m  ,a ,,bill  ,to       
require employees ( ! ,executive ,(fice 
( ! ,presid5t to receive tra9+ on       
economic lit]acy1 & = o!r purposes4  #a4
 ,economic lit]acy tra9+ = c]ta9        
employees ( ! executive (fice ( !       
,presid5t  7a7 ,e/abli%m5t ,n lat] ?an  
#abj days aft] ! date ( ! enactm5t ( ?is
 ,act1 ! ,executive ,(fice ( ! ,presid5t
 %all e/abli% a program 79 ?is ,act     
ref]r$ to z ! ,program7 to provide cov]$
 employees tra9+ on economic lit]acy4   
7b7 ,tra9+ c\rse  7#a7 ,9 g5]al ,except 
z provid$ 9 p>agraph 7#b71 ! tra9+      
provid$ "u ! ,program %all include a    
c\rse or program on economic lit]acy t--
 7,a7 prim>ily provides in/ruction on   
inflation2 &  7,b7 is accr$it$ by a     
nationally recogniz$ accr$it+ ag5cy or  
association t provides /&>ds = economic 

or f9ancial education1 z det]m9$ by !   
,director ( ! ,national ,economics      
,c\ncil4  7#b7 ,alt]native c\rse or     
program selection  7,a7 ,9 g5]al ,dur+  
any p]iod 9 :i* no c\rse or program     
describ$ 9 p>agraph 7#a7 is reasonably  
available = cov]$ employees to          
p>ticipate 9 "u ! ,program1 z det]m9$ by
 ! ,director ( ! ,national ,economics   
,c\ncil-- 7i7 p>agraph 7#a7 %all n      
apply2 &  7ii7 ! ,program %all require  
cov]$ employees to p>ticipate 9 a c\rse 
or program on economic lit]acy t is     
select$ by ! ,director & includes       
in/ruction on inflation4  7,b7          
,selection deadl9e ,n lat] ?an #fj days 
aft] ! ,director ( ! ,national          
,economics ,c\ncil makes ! det]m9ation  
describ$ 9 subp>agraph 7,a71 ! ,director
 %all make ! selection describ$ 9       
subp>agraph 7,a77ii74  7c7 ,tim+  7#a7  
,9 g5]al ,ea* cov]$ employee %all       
receive tra9+ on economic lit]acy "u !  
,program-- 7,a7 9 ! case ( an individual
 t is a cov]$ employee z ( ! date on :i*

 ! ,program is e/abli%$1 n lat] ?an #ij 
days aft] su* date2 or  7,b7 9 ! case ( 
an individual t becomes a cov]$ employee
 aft] ! date on :i* ! ,program is       
e/abli%$1 n lat] ?an #ij days aft] !    
date su* individual becomes a cov]$     
employee4  7#b7 ,toll+ ,ea* p]iod ( "t  
specifi$ 9 p>agraph 7#a7 %all be toll$  
dur+ any p]iod ( "t = :i* ! ,director ( 
! ,national ,economics ,c\ncil has made 
a det]m9ation describ$ 9 subsection     
7b77#b77;,a7 & has n made a selection   
describ$ 9 subsection 7b77#b77;,a77ii74 
7d7 ,reports  7#a7 ,annual c]tification 
,n lat] ?an "o ye> aft] ! date ( !      
enactm5t ( ?is ,act1 & annually !reaft]1
 ! ,director ( ! ,(fice ( ,adm9i/ration 
( ! ,executive ,(fice ( ! ,presid5t %all
 submit to ,congress a report c]tify+   
:e!r ! ,executive ,(fice ( ! ,presid5t  
has compli$ ) ! requirem5ts ( ?is       
section dur+ ! "o-ye> p]iod end+ on !   
date on :i* ! report is submitt$4  7#b7 
,noncompliant employee li/ ,on ea*      
,janu>y #a & ,june #a occurr+ aft] !    

date t is #ij days aft] ! date on :i* ! 
,program is e/abli%$1 ! ,director ( !   
,(fice ( ,adm9i/ration ( ! ,executive   
,(fice ( ! ,presid5t %all submit to !   
,committee on ,ov]sight & ,re=m ( !     
,h\se ( ,repres5tatives & ! ,committee  
on ,homel& ,security & ,gov]nm5tal      
,affairs ( ! ,s5ate a li/ ( ea* cov]$   
employee t has n receiv$ tra9+ on       
economic lit]acy 9 accordance ) ?is     
section4  7e7 ,cov]$ employee def9$ ,9  
?is ,act1 ! t]m cov]$ employee means an 
employee 7z def9$ 9 section #baje7;a7 ( 
title #e1 ,unit$ ,/ates ,code7 ( !      
,executive ,(fice ( ! ,presid5t4