,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #dfdb  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #bc1 #bjbe,mr4  
,cl9e 7= himself1 ,mr4 ,gold5 ( ,ma9e1  
,mr4 ,b]gman1 & ,ms4 ,p]ez7 introduc$ ! 
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ov]sight & ,gov]nm5t     
,re=m  ,a ,,bill  ,to require !         
,secret>y ( ! ,treasury1 9 coord9ation )
 ! ,director ( ! ,(fice ( ,managem5t &  
,budget1 to exam9e ! ability ( ! ,f$]al 
,gov]nm5t to respond to pot5tial fiscal 
%ocks1 & = o!r purposes4  #a4 ,%ort     
title  ,?is ,act may be cit$ z ! ,fiscal
 ,cont+5cy ,prep>$ness ,act4  #b4       
,annual report  7a7 ,9 g5]al ,section   
#cca7;e7 ( title #ca1 ,unit$ ,/ates     
,code1 is am5d$ by add+ at ! end !      
foll[+3  7#c7 7,a7 ,z a compon5t ( !    
report requir$ "u p>agraph 7#a71 !      
,secret>y ( ! ,treasury1 9 coord9ation )
 ! ,director ( ! ,(fice ( ,managem5t &  
,budget1 %all exam9e ! fiscal risks &   
fiscal impacts ( ! response ( ! ,f$]al  
,gov]nm5t to pot5tial national &        

int]national fiscal %ocks4  7,b7 ,9 mak+
 ! exam9ation requir$ "u subp>agraph    
7,a71 ! ,secret>y ( ! ,treasury1 9      
coord9ation ) ! ,director ( ! ,(fice (  
,managem5t & ,budget1 %all-- 7i7 include
 an assessm5t ( ! fiscal risks & fiscal 
impacts ( ! ,f$]al ,gov]nm5t respond+ to
 ev5ts1 su* z--  7,i7 an economic       
recession or depression2  7,,ii7 a      
dome/ic en]gy crisis2  7,,iii7 a        
cata/rophic natural disa/]2  7,,iv7 a   
heal? crisis1 su* z a global p&emic2    
7,v7 a significant arm$ conflict or     
ev5t2  7,,vi7 a significant cyb] attack2
 &  7,,vii7 a f9ancial crisis2  7ii7    
det]m9e ! e/imat$ %ort-t]m & long-t]m   
fiscal effects on ! ,f$]al ,gov]nm5t 9 !
 case ( an ev5t describ$ 9 clause 7i72 &
  7iii7 describe significant economic   
impacts & indicators select$ by !       
,secret>y ( ! ,treasury1 9 coord9ation )
 ! ,director ( ! ,(fice ( ,managem5t &  
,budget1 to convey ! %ort-t]m & long-t]m
 fiscal effects on ! ,f$]al ,gov]nm5t 9 
! case ( an ev5t describ$ 9 clause 7i7 9

 ! me?od t be/ accompli%es ! goal ( !   
exam9ation4  7,c7 ,9 mak+ ! exam9ation  
requir$ "u subp>agraph 7,a7 & det]m9+ ! 
scope & magnitude ( an ev5t describ$ 9  
subp>agraph 7,b77i71 ! ,secret>y ( !    
,treasury1 9 coord9ation ) ! ,director (
 ! ,(fice ( ,managem5t & ,budget1 may   
consid] hi/orical in/ances ( ^? ev5ts & 
! response ( ! ,f$]al ,gov]nm5t to ^?   
hi/orical in/ances4  7,d7 ,9 includ+ !  
exam9ation requir$ "u subp>agraph 7,a7 9
 ! report requir$ "u p>agraph 7#a71 !   
,secret>y ( ! ,treasury1 9 coord9ation )
 ! ,director ( ! ,(fice ( ,managem5t &  
,budget1 may /ructure & report !        
exam9ation 9 ! me?od t be/ accompli%es !
 goal ( ! exam9ation4  4  7b7 ,effective
 date ,! am5dm5t made by subsection 7a7 
%all take effect on ! lat] (--  7#a7 !  
fir/ date foll[+ ! date ( enactm5t ( ?is
 ,act on :i* ! ,secret>y ( ! ,treasury1 
9 coord9ation ) ! ,(fice ( ,managem5t & 
,budget1 submits a report "u section    
#cca7;e77#a7 ( title #ca1 ,unit$ ,/ates 
,code2 &  7#b7 #ahj days aft] ! date (  

enactm5t ( ?is ,act4  7c7 ,,gao report  
,n lat] ?an #a ye> aft] ! date on :i* ! 
,secret>y ( ! ,treasury publi%es ! fir/ 
exam9ation requir$ "u section           
#cca7;e77#c77;,a7 ( title #ca1 ,unit$   
,/ates ,code1 z add$ by subsection 7a71 
aft] ! date ( enactm5t ( ?is ,act1 &    
p]iodically !reaft] z det]m9$ necess>y  
by ! ,comptroll] ,g5]al ( ! ,unit$      
,/ates1 ! ,comptroll] ,g5]al ( ! ,unit$ 
,/ates %all-- 7#a7 review ! me?odology &
 results ( ! fiscal analysis p]=m$ dur+ 
! exam9ation2  7#b7 publi% a report ( ! 
f9d+s ( ! review "u p>agraph 7#a7 on !  
website ( ! ,gov]nm5t ,acc\ntability    
,(fice2 &  7#c7 submit to ! ,committee  
on ! ,budget ( ! ,s5ate & ! ,committee  
on ! ,budget ( ! ,h\se ( ,repres5tatives
 ! report publi%$ "u p>agraph 7#b74