,,ii ,cal5d> ,no4 #fee #aah? ,,congress #b;d ,session ,s4 #dfcj ,report ,no4 #aah-bed ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #h1 #bjbd,mr4 ,pet]s 7= himself1 ,mr4 ,lank=d1 ,ms4 ,ros51 & ,mr4 ,k+7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ,decemb] #b1 #bjbd,report$ by ,mr4 ,pet]s1 ) an amendment,strike out all aft] ! enact+ clause & ins]t ! "p pr9t$ 9 italic ,a ,,bill ,to e/abli% an int]ag5cy committee to h>monize regulatory regimes 9 ! ,unit$ ,/ates relat+ to cyb]security1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,/reaml9+ ,f$]al ,cyb]security ,regulations ,act4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,ag5cy ,! t]m ag5cy has ! mean+ giv5 t t]m 9 section #eea ( title #e1 ,unit$ ,/ates ,code4 7#b7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ( ! ,s5ate2 7,b7 ! ,committee on ,ov]sight & ,acc\ntability ( ! ,h\se ( ,repres5tatives2 7,c7 ea* committee ( ,congress ) jurisdiction ov] ! activities ( a regulatory ag5cy2 & 7,d7 ea* committee ( ,congress ) jurisdiction ov] ! activities ( a ,sector ,risk ,managem5t ,ag5cy ) respect to a sector regulat$ by a regulatory ag5cy4 7#c7 ,committee ,! t]m ,committee means ! ,h>monization ,committee e/abli%$ "u section #c7;a74 7#d7 ,cyb]security requirem5t ,! t]m cyb]security requirem5t means an adm9i/rative1 te*nical1 or physical safegu>d1 requirem5t1 or sup]visory activity1 includ+ regulations1 guidance1 bullet9s or exam9ations1 relat+ to in=mation security1 in=mation te*nology1 cyb]security1 or cyb] risk or resili5ce4 7#e7 ,h>monization 7,a7 ,def9ition ,! t]m h>monization means ! process ( align+ cyb]security requirem5ts issu$ by regulatory ag5cies su* t ! requirem5ts consi/ (-- 7i7 a common set ( m9imum requirem5ts t apply across sectors & t c be updat$ p]iodically to address new or evolv+ risks relat+ to in=mation security or cyb]security2 & 7ii7 sector-specific requirem5ts t-- 7,i7 are necess>y to address sector-specific risks t are n adequately address$ by ! m9imum requirem5ts 9 clause 7i72 & 7,,ii7 are sub/antially simil>1 :]e appropriate1 to o!r requirem5ts 9 t sector or a simil> sector4 7,b7 ,rule ( con/ruction ,no?+ 9 ?is def9ition %all be con/ru$ to exempt regulatory ag5cies f any o!rwise applicable processes or laws relat+ to updat+ regulations1 includ+ sub*apt] ,,ii ( *apt] #e1 & *apt] #g1 ( title #e1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,adm9i/rative ,proc$ure ,act74 7#f7 ,indep5d5t regulatory ag5cy ,! t]m indep5d5t regulatory ag5cy has ! mean+ giv5 t t]m 9 section #cejb ( title #dd1 ,unit$ ,/ates ,code4 7#g7 ,reciprocity ,! t]m reciprocity means ! recognition or acceptance by #a regulatory ag5cy ( an assessm5t1 det]m9ation1 exam9ation1 f9d+1 or conclusion ( ano!r regulatory ag5cy = det]m9+ t a regulat$ entity has compli$ ) a cyb]security requirem5t4 7#h7 ,regulatory ag5cy ,! t]m regulatory ag5cy means-- 7,a7 any indep5d5t regulatory ag5cy t has ! /atutory au?ority to issue or en=ce any m&atory cyb]security requirem5t2 or 7,b7 any o!r ag5cy t has ! /atutory au?ority to issue or en=ce any cyb]security requirem5t4 7#i7 ,regulatory ,framework ,! t]m regulatory framework means ! framework develop$ "u section #c7;e77#a74 7#aj7 ,sector risk managem5t ag5cy ,! t]m ,sector ,risk ,managem5t ,ag5cy has ! mean+ giv5 t t]m 9 section #bbjj ( ! ,homel& ,security ,act ( #bjjb 7#f ,u4,s4,c4 #fej74 #c4 ,e/abli%m5t ( int]ag5cy committee to h>monize regulatory regimes 9 ! ,unit$ ,/ates relat+ to cyb]security 7a7 ,h>monization ,committee 7#a7 ,9 g5]al ,! ,national ,cyb] ,director %all e/abli% an int]ag5cy committee to be kn[n z ! ,h>monization ,committee to enhance ! h>monization ( cyb]security requirem5ts t are applicable )9 ! ,unit$ ,/ates4 7#b7 ,support ,! ,national ,cyb] ,director %all provide ! ,committee ) adm9i/rative & managem5t support z appropriate4 7b7 ,memb]s 7#a7 ,9 g5]al ,! ,committee %all be compos$ (-- 7,a7 ! ,national ,cyb] ,director2 7,b7 ! head ( ea* regulatory ag5cy2 7,c7 ! head ( ! ,(fice ( ,in=mation & ,regulatory ,affairs ( ! ,(fice ( ,managem5t & ,budget2 & 7,d7 ! head ( o!r appropriate ag5cies1 z det]m9$ by ! *air ( ! ,committee4 7#b7 ,publication ( li/ ( memb]s ,! ,committee %all ma9ta9 a li/ ( ! ag5cies t are repres5t$ on ! ,committee on a publicly available website4 7c7 ,*air ,! ,national ,cyb] ,director %all be ! *air ( ! ,committee4 7d7 ,*>t] ,! ,committee %all develop1 deliv] to ,congress1 & make publicly available a *>t]1 :i* %all-- 7#a7 include ! processes & rules ( ! ,committee2 & 7#b7 detail-- 7,a7 ! objective & scope ( ! ,committee2 & 7,b7 o!r items z necess>y4 7e7 ,regulatory framework = h>monization 7#a7 ,9 g5]al 7,a7 ,framework ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,committee %all develop a regulatory framework = a*iev+ h>monization ( ! cyb]security requirem5ts ( ea* regulatory ag5cy4 7,b7 ,factors ,9 develop+ ! framework "u subp>agraph 7,a71 ! ,committee %all acc\nt = exi/+ sector-specific cyb]security requirem5ts t are id5tifi$ z unique or critical to a sector4 7#b7 ,m9imum requirem5ts ,! framework %all conta91 at a m9imum1 processes =-- 7,a7 e/abli%+ a reciprocal compliance me*anism = m9imum requirem5ts relat+ to in=mation security or cyb]security = entities regulat$ by m ?an #a regulatory ag5cy2 7,b7 id5tify+ cyb]security requirem5ts t are ov]ly burd5some1 inconsi/5t1 or contradictory1 z det]m9$ by ! ,committee2 & 7,c7 develop+ recomm5dations = updat+ regulations1 guidance1 & exam9ations to address ov]ly burd5some1 inconsi/5t1 or contradictory cyb]security requirem5ts id5tifi$ "u subp>agraph 7,b7 to a*ieve h>monization4 7#c7 ,publication ,^u completion ( ! regulatory framework1 ! ,committee %all publi% ! regulatory framework 9 ! ,f$]al ,regi/]4 7f7 ,pilot program on implem5tation ( regulatory framework 7#a7 ,9 g5]al ,n few] ?an #c regulatory ag5cies1 select$ by ! ,committee1 %all c>ry out a pilot program to implem5t ! regulatory framework e/abli%$ "u subsection 7e7 ) respect to n few] ?an #c cyb]security requirem5ts4 7#b7 ,p>ticipation by regulatory ag5cies & regulat$ entities 7,a7 ,regulatory ag5cies ,p>ticipation 9 ! pilot program by a regulatory ag5cy %all be volunt>y & subject to ! cons5t ( ! regulatory ag5cy foll[+ selection by ! ,committee "u p>agraph 7#a74 7,b7 ,regulat$ entities ,p>ticipation 9 ! pilot program by a regulat$ entity %all be volunt>y4 7#c7 ,selection ( cyb]security requirem5ts ,cyb]security requirem5ts select$ = ! pilot program "u p>agraph 7#a7 %all conta9 sub/antially simil> or sub/antially relat$ requirem5ts su* t n few] ?an #b ( ! select$ cyb]security requirem5ts gov]n ! same regulat$ entity ) sub/antially simil> or sub/antially relat$ requirem5ts relat+ to in=mation security or cyb]security4 7#d7 ,waiv]s ,not)/&+ any provision ( sub*apt] ,,ii ( *apt] #e1 & *apt] #g1 ( title #e1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,adm9i/rative ,proc$ure ,act7 & subject to ! cons5t ( any p>ticipat+ regulat$ entity1 9 implem5t+ ! pilot program "u p>agraph 7#a71 a regulatory ag5cy p>ticipat+ 9 ! pilot program %all h ! au?ority to issue waiv]s & e/abli% alt]native proc$ures = regulat$ entities p>ticipat+ 9 ! pilot program ) respect to ! cyb]security requirem5ts includ$ "u ! pilot program4 7g7 ,consultation ) ! ,committee 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( law-- 7,a7 be=e prescrib+ any cyb]security requirem5t1 ! head ( a regulatory ag5cy %all consult ) ! ,committee reg>d+ su* requirem5t & ! regulatory framework e/abli%$ "u subsection 7e72 & 7,b7 indep5d5t regulatory ag5cies1 :5 updat+ any exi/+ cyb]security requirem5t or issu+ a pot5tial new cyb]security requirem5t1 %all consult ! ,committee dur+ ! developm5t ( ! updat$ cyb]security requirem5t or ! new cyb]security requirem5t to ensure t ! requirem5t is align$ to ! greate/ ext5t possible ) ! regulatory framework4 7#b7 ,det]m9ation ,foll[+ a consultation "u p>agraph 7#a71 ! ,committee %all make a det]m9ation 9 writ+ to ! ag5cy1 9 coord9ation ) ! ,(fice ( ,managem5t & ,budget z necess>y1 t %all-- 7,a7 include to :at degree ! propos$ cyb]security requirem5t or update to ! cyb]security requirem5t aligns ) ! regulatory framework2 & 7,b7 provide a li/ ( recomm5dations to improve ! cyb]security requirem5t & align x ) ! regulatory framework4 7h7 ,consultation ) sector risk managem5t ag5cies ,! ,committee %all consult ) appropriate ,sector ,risk ,managem5t ,ag5cies 9 ! developm5t ( ! regulatory framework "u subsection 7e7 & ! implem5tation ( ! pilot program "u subsection 7f74 7i7 ,reports 7#a7 ,annual report ,n lat] ?an #ab mon?s aft] ! date ( enactm5t ( ?is ,act1 & annually !reaft]1 ! ,committee %all submit to ! appropriate congressional committees a report detail+-- 7,a7 memb] p>ticipation2 & 7,b7 ! application ( ! regulatory framework1 once develop$1 on cyb]security requirem5ts1 includ+ consultations or discussions ) regulators4 7#b7 ,pilot program report ,n lat] ?an #ab mon?s aft] ! date on :i* ! pilot program beg9s1 ! ,committee %all submit to ! appropriate congressional committees a report detail+-- 7,a7 ! cyb]security requirem5ts select$ = ! program1 includ+ ! reasons t ! regulatory ag5cy & cyb]security requirem5t 7 select$2 7,b7 ! in=mation le>n$ f ! program2 7,c7 any ob/acles enc\nt]$ dur+ ! program2 & 7,d7 an assessm5t ( ! applicability ( exp&+ ! program to o!r ag5cies & cyb]security requirem5ts4 #d4 ,/atus updates on incid5t report+ 7a7 ,/atus update on memor&a ( agreem5t ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 & n less frequ5tly ?an e #ahj days !reaft]1 ! ,director ( ! ,cyb]security & ,infra/ructure ,security ,ag5cy %all provide to ! appropriate congressional committees a /atus update on ! developm5t & implem5tation ( memor&a ( agreem5t betwe5 ag5cies requir$ "u section #ajd7;a77#e7 ( ! ,cyb] ,incid5t ,report+ = ,critical ,infra/ructure ,act ( #bjbb 7#f ,u4,s4,c4 #fha;g7a77#e774 7b7 ,/atus update on ef=ts ( ! ,cyb] ,incid5t ,report+ ,c\ncil ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 & n less frequ5tly ?an e #ahj days !reaft]1 ! ,secret>y ( ,homel& ,security %all provide to ! appropriate congressional committees a /atus update on ! ef=ts ( ! ,cyb] ,incid5t ,report+ ,c\ncil e/abli%$ "u section #bbdf ( ! ,homel& ,security ,act ( #bjjb 7#f ,u4,s4,c4 #fha;f74 #e4 ,rule ( con/ruction ,no?+ 9 ?is ,act %all be con/ru$-- 7#a7 to exp& or alt] ! exi/+ regulatory au?orities ( any ag5cy1 includ+ any indep5d5t regulatory ag5cy1 except = exemptions "u section #c7;f7 to implem5t ! pilot program e/abli%$ "u t section2 7#b7 to provide any su* ag5cy any new or additional regulatory au?orities2 or 7#c7 to address security incid5t report+ requirem5ts subject to coord9ation by ! ,cyb] ,incid5t ,report+ ,c\ncil e/abli%$ "u section #bbdf ( ! ,homel& ,security ,act ( #bjbb 7#f ,u4,s4,c4 #fha;f71 except = ! requir$ /atus updates "u section #d4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,/reaml9+ ,f$]al ,cyb]security ,regulations ,act4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,ag5cy ,! t]m ag5cy has ! mean+ giv5 t t]m 9 section #eea ( title #e1 ,unit$ ,/ates ,code4 7#b7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ( ! ,s5ate2 7,b7 ! ,committee on ,ov]sight & ,acc\ntability ( ! ,h\se ( ,repres5tatives2 7,c7 ea* committee ( ,congress ) jurisdiction ov] ! activities ( a regulatory ag5cy2 & 7,d7 ea* committee ( ,congress ) jurisdiction ov] ! activities ( a ,sector ,risk ,managem5t ,ag5cy ) respect to a sector regulat$ by a regulatory ag5cy4 7#c7 ,committee ,! t]m ,committee means ! ,h>monization ,committee e/abli%$ "u section #c7;a74 7#d7 ,cyb]security requirem5t ,! t]m cyb]security requirem5t means an adm9i/rative1 te*nical1 or physical safegu>d1 requirem5t1 or sup]visory activity1 includ+ regulations1 guidance1 bullet9s1 or exam9ations1 relat+ to in=mation security1 in=mation te*nology1 cyb]security1 or cyb] risk or resili5ce4 7#e7 ,h>monization 7,a7 ,def9ition ,! t]m h>monization means ! process ( align+ cyb]security requirem5ts issu$ by regulatory ag5cies su* t ! requirem5ts consi/ (-- 7i7 a common set ( m9imum requirem5ts t apply across sectors & t c be updat$ p]iodically to address new or evolv+ risks relat+ to in=mation security or cyb]security2 & 7ii7 sector-specific requirem5ts1 :i* may include p]=mance-bas$ requirem5ts1 t-- 7,i7 are necess>y to address sector-specific risks t are n adequately address$ by ! m9imum requirem5ts describ$ 9 clause 7i72 & 7,,ii7 are sub/antially simil>1 :]e appropriate1 to o!r requirem5ts 9 t sector or a simil> sector4 7,b7 ,rule ( con/ruction ,no?+ 9 ?is def9ition %all be con/ru$ to exempt regulatory ag5cies f any o!rwise applicable processes or laws relat+ to updat+ regulations1 includ+ sub*apt] ,,ii ( *apt] #e1 & *apt] #g1 ( title #e1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,adm9i/rative ,proc$ure ,act74 7#f7 ,indep5d5t regulatory ag5cy ,! t]m indep5d5t regulatory ag5cy has ! mean+ giv5 t t]m 9 section #cejb ( title #dd1 ,unit$ ,/ates ,code4 7#g7 ,reciprocity ,! t]m reciprocity means ! recognition or acceptance by #a regulatory ag5cy ( an assessm5t1 det]m9ation1 exam9ation1 f9d+1 or conclusion ( ano!r regulatory ag5cy = det]m9+ t a regulat$ entity has compli$ ) a cyb]security requirem5t4 7#h7 ,regulatory ag5cy ,! t]m regulatory ag5cy means-- 7,a7 any indep5d5t regulatory ag5cy t has ! /atutory au?ority to issue or en=ce any m&atory cyb]security requirem5t2 or 7,b7 any o!r ag5cy t has ! /atutory au?ority to issue or en=ce any cyb]security requirem5t4 7#i7 ,regulatory framework ,! t]m regulatory framework means ! framework develop$ "u section #c7;e77#a74 7#aj7 ,sector risk managem5t ag5cy ,! t]m ,sector ,risk ,managem5t ,ag5cy has ! mean+ giv5 t t]m 9 section #bbjj ( ! ,homel& ,security ,act ( #bjjb 7#f ,u4,s4,c4 #fej74 #c4 ,e/abli%m5t ( int]ag5cy committee to h>monize regulatory regimes 9 ! ,unit$ ,/ates relat+ to cyb]security 7a7 ,h>monization ,committee 7#a7 ,9 g5]al ,! ,national ,cyb] ,director %all e/abli% an int]ag5cy committee to be kn[n z ! ,h>monization ,committee to enhance ! h>monization ( cyb]security requirem5ts t are applicable )9 ! ,unit$ ,/ates4 7#b7 ,support ,! ,national ,cyb] ,director %all provide ! ,committee ) adm9i/rative & managem5t support z appropriate4 7b7 ,memb]s 7#a7 ,9 g5]al ,! ,committee %all be compos$ (-- 7,a7 ! ,national ,cyb] ,director2 7,b7 ! head ( ea* regulatory ag5cy2 7,c7 ! head ( ! ,(fice ( ,in=mation & ,regulatory ,affairs ( ! ,(fice ( ,managem5t & ,budget2 & 7,d7 ! head ( o!r appropriate ag5cies1 z det]m9$ by ! *air ( ! ,committee4 7#b7 ,publication ( li/ ( memb]s ,! ,committee %all ma9ta91 on a publicly available website1 a li/ ( ! ag5cies t are repres5t$ on ! ,committee1 & %all update ! li/ z memb]s are add$ or remov$4 7c7 ,*air ,! ,national ,cyb] ,director %all be ! *air ( ! ,committee4 7d7 ,*>t] ,! ,committee %all develop1 deliv] to ,congress1 & make publicly available a *>t]1 :i* %all-- 7#a7 include ! processes & rules ( ! ,committee2 & 7#b7 detail-- 7,a7 ! objective & scope ( ! ,committee2 & 7,b7 o!r items z necess>y4 7e7 ,regulatory framework = h>monization 7#a7 ,9 g5]al 7,a7 ,framework ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,committee %all develop a regulatory framework = a*iev+ h>monization ( ! cyb]security requirem5ts ( ea* regulatory ag5cy4 7,b7 ,factors ,9 develop+ ! framework "u subp>agraph 7,a71 ! ,committee %all acc\nt = exi/+ sector-specific cyb]security requirem5ts t are id5tifi$ z unique or critical to a sector4 7#b7 ,m9imum requirem5ts ,! framework %all conta91 at a m9imum1 processes =-- 7,a7 e/abli%+ a reciprocal compliance me*anism = m9imum requirem5ts relat+ to in=mation security or cyb]security = entities regulat$ by m ?an #a regulatory ag5cy2 7,b7 id5tify+ cyb]security requirem5ts t are ov]ly burd5some1 inconsi/5t1 or contradictory1 z det]m9$ by ! ,committee2 & 7,c7 develop+ recomm5dations = updat+ regulations1 guidance1 & exam9ations to address ov]ly burd5some1 inconsi/5t1 or contradictory cyb]security requirem5ts id5tifi$ "u subp>agraph 7,b7 to a*ieve h>monization4 7#c7 ,publication ,^u completion ( ! regulatory framework1 ! ,committee %all publi% ! regulatory framework 9 ! ,f$]al ,regi/] = public comm5t4 7f7 ,pilot program on implem5tation ( regulatory framework 7#a7 ,9 g5]al ,n few] ?an #c regulatory ag5cies1 select$ by ! ,committee1 %all c>ry out a pilot program to implem5t ! regulatory framework ) respect to n few] ?an #c cyb]security requirem5ts4 7#b7 ,p>ticipation by regulatory ag5cies & regulat$ entities 7,a7 ,regulatory ag5cies ,p>ticipation 9 ! pilot program by a regulatory ag5cy %all be volunt>y & subject to ! cons5t ( ! regulatory ag5cy foll[+ selection by ! ,committee "u p>agraph 7#a74 7,b7 ,regulat$ entities ,p>ticipation 9 ! pilot program by a regulat$ entity %all be volunt>y4 7#c7 ,selection ( cyb]security requirem5ts ,cyb]security requirem5ts select$ = ! pilot program "u p>agraph 7#a7 %all conta9 sub/antially simil> or sub/antially relat$ requirem5ts su* t n few] ?an #b ( ! select$ cyb]security requirem5ts gov]n ! same regulat$ entity ) sub/antially simil> or sub/antially relat$ requirem5ts relat+ to in=mation security or cyb]security4 7#d7 ,waiv]s ,not)/&+ any provision ( sub*apt] ,,ii ( *apt] #e1 & *apt] #g1 ( title #e1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,adm9i/rative ,proc$ure ,act7 & subject to ! cons5t ( any p>ticipat+ regulat$ entity1 9 implem5t+ ! pilot program "u p>agraph 7#a71 a regulatory ag5cy p>ticipat+ 9 ! pilot program %all h ! au?ority to issue waiv]s & e/abli% alt]native proc$ures = regulat$ entities p>ticipat+ 9 ! pilot program ) respect to ! cyb]security requirem5ts includ$ "u ! pilot program4 7#e7 ,subsequ5t pilot program ,! ,committee may only au?orize an additional pilot program aft] ! lat] (-- 7,a7 ! date ( ! conclusion ( all #c initial pilot programs "u p>agraph 7#a72 & 7,b7 ! date ( submission ( all reports requir$ "u subsection 7i7 = ea* initial pilot program4 7g7 ,consultation ) ! ,committee 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( law-- 7,a7 except :5 an exig5t circum/ance describ$ 9 p>agraph 7#c7 exi/s1 be=e prescrib+ any cyb]security requirem5t1 ! head ( a regulatory ag5cy %all consult ) ! ,committee reg>d+ su* requirem5t & ! regulatory framework2 & 7,b7 indep5d5t regulatory ag5cies1 :5 updat+ any exi/+ cyb]security requirem5t or issu+ a pot5tial new cyb]security requirem5t1 %all consult ! ,committee dur+ ! developm5t ( ! updat$ cyb]security requirem5t or ! new cyb]security requirem5t to ensure t ! requirem5t is align$ to ! greate/ ext5t possible ) ! regulatory framework4 7#b7 ,det]m9ation ,foll[+ a consultation "u p>agraph 7#a71 ! ,committee %all make a det]m9ation 9 writ+ to ! ag5cy1 9 coord9ation ) ! ,(fice ( ,managem5t & ,budget z necess>y1 t %all-- 7,a7 include to :at degree ! propos$ cyb]security requirem5t or update to ! cyb]security requirem5t aligns ) ! regulatory framework2 & 7,b7 provide a li/ ( recomm5dations to improve ! cyb]security requirem5t & align x ) ! regulatory framework4 7#c7 ,exig5t circum/ances ,9 ! case ( an exig5t circum/ance :]e an ag5cy is au?oriz$ by law to act exp$iti\sly1 ! ag5cy %all notify ! ,committee z soon z possible4 7h7 ,consultation ) sector risk managem5t ag5cies ,! ,committee %all consult ) appropriate ,sector ,risk ,managem5t ,ag5cies 9 ! developm5t ( ! regulatory framework & ! implem5tation ( ! pilot program "u subsection 7f7 & %all consult ) memb]s ( indu/ry & critical infra/ructure1 z appropriate1 = ! developm5t ( ! regulatory framework & pilot program4 7i7 ,reports 7#a7 ,annual report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 & annually !reaft]1 ! ,committee %all submit to ! appropriate congressional committees a report detail+-- 7,a7 memb] p>ticipation1 includ+ ! rationale = any nonp>ticipation by ,committee memb]s2 7,b7 ! application ( ! regulatory framework1 once develop$1 on cyb]security requirem5ts1 includ+ consultations or discussions ) regulators2 & 7,c7 any det]m9ation made "u subsection 7g77#b74 7#b7 ,pilot program report ,n lat] ?an #a ye> aft] ! date on :i* a pilot program "u subsection 7f7 beg9s1 ! ,committee %all submit to ! appropriate congressional committees a report detail+-- 7,a7 ! cyb]security requirem5ts select$ = ! program1 includ+-- 7i7 ! reasons t ! regulatory ag5cy & cyb]security requirem5t 7 select$2 7ii7 a li/ ( ! pilot programs consid]$ by ! ,committee2 & 7iii7 ! rationale = select+ ! pilot program2 7,b7 ! in=mation le>n$ f ! program2 7,c7 any ob/acles enc\nt]$ dur+ ! program2 & 7,d7 an assessm5t ( ! applicability ( exp&+ ! program to o!r ag5cies & cyb]security requirem5ts4 #d4 ,/atus updates on incid5t report+ 7a7 ,/atus update on memor&a ( agreem5t ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 & n less frequ5tly ?an e #ahj days !reaft]1 ! ,director ( ! ,cyb]security & ,infra/ructure ,security ,ag5cy %all provide to ! appropriate congressional committees a /atus update on ! developm5t & implem5tation ( docum5t$ agreem5ts betwe5 ag5cies requir$ "u section #ajd7;a77#e7 ( ! ,cyb] ,incid5t ,report+ = ,critical ,infra/ructure ,act ( #bjbb 7#f ,u4,s4,c4 #fha;g7a77#e774 7b7 ,ye>ly brief+ on activities ( ! ,cyb] ,incid5t ,report+ ,c\ncil ,section #bbdf ( ! ,homel& ,security ,act ( #bjjb 7#f ,u4,s4,c4 #fha;f7 is am5d$-- 7#a7 by r$esignat+ subsection 7b7 z subsection 7c72 & 7#b7 by ins]t+ aft] subsection 7a7 ! foll[+3 7b7 ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ! ,/reaml9+ ,f$]al ,cyb]security ,regulations ,act1 & n less frequ5tly ?an e #a ye> !reaft]1 ! ,secret>y %all brief ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ( ! ,s5ate & ! ,committee on ,homel& ,security ( ! ,h\se ( ,repres5tatives on ! activities ( ! ,cyb] ,incid5t ,report+ ,c\ncil4 4 #e4 ,rule ( con/ruction ,no?+ 9 ?is ,act %all be con/ru$-- 7#a7 to exp& or alt] ! exi/+ regulatory au?orities ( any ag5cy1 includ+ any indep5d5t regulatory ag5cy1 except = exemptions "u section #c7;f7 to implem5t ! pilot program e/abli%$ "u t section2 or 7#b7 to provide any su* ag5cy any new or additional regulatory au?orities4 ,decemb] #b1 #bjbd,report$ ) an am5dm5t