,i #aah? ,,congress #b;d ,session ,h4 ,r4 #gfia ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #ae1 #bjbd,mr4 ,donalds introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to require ! ,*airp]son ( ! ,f9ancial ,/ability ,ov]sight ,c\ncil to provide cont+5cy plans = a disruption 9 ! tim+ ( paym5t on ,treasury securities1 & = o!r purposes4 #a4 ,cont+5cy plans = a disruption 9 ! tim+ ( paym5t on ,treasury securities ,n lat] ?an ! end ( ! #ahj-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 ! ,*airp]son ( ! ,f9ancial ,/ability ,ov]sight ,c\ncil %all issue a report to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate conta9+-- 7#a7 cont+5cy plans 9 ! case ( a disruption 9 ! tim+ ( paym5t on ,treasury securities1 includ+ disruptions due to a sy/ems failure1 cyb]attack1 natural disa/]1 t]rori/ attack1 ! ev5t t ! debt ( ! ,unit$ ,/ates ,gov]nm5t 7z def9$ 9 section #caja ( title #ca1 ,unit$ ,/ates ,code7 rea*es ! /atutory limit1 or any o!r cont+5cy t c\ld int]rupt access to fund+ m>kets or c\ld cause significant te*nical problems = ! trad+1 cle>+1 & settlem5t ( affect$ ,treasury securities1 includ+ by caus+ delay$ paym5ts ( int]e/ or pr9cipal due on su* securities2 7#b7 recomm5dations ( ! ,f9ancial ,/ability ,ov]sight ,c\ncil = p>ticipants 9 ! m>ket = ,treasury securities on ov]com+1 9 ! ev5t ( adv]se cont+5cies1 op]ational *all5ges ! p>ticipants might face if paym5ts on ,treasury securities are delay$2 & 7#c7 recomm5dations ( ! ,f9ancial ,/ability ,ov]sight ,c\ncil = mak+ paym5ts on ,treasury securities held by dome/ic or =eign individuals or entities if ! debt ( ! ,unit$ ,/ates ,gov]nm5t 7z def9$ 9 section #caja ( title #ca1 ,unit$ ,/ates ,code7 rea*es ! /atutory limit1 extraord9>y measures are exhau/$1 & incom+ ,f$]al receipts are insuffici5t to make timely paym5ts on all incom+ due debt obligations4