,,ii  #aai? ,,congress  #b;d ,session   
,s4 #dbff  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,m>* #bf1 #bjbf,mr4    
,kelly introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to decl>e an em]g5cy reg>d+ !  
co/ ( liv+ 9 ! ,unit$ ,/ates & direct   
actions to be tak5 to address !         
co/-(-liv+ em]g5cy1 & = o!r purposes4   
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,co/-(-liv+ ,em]g5cy ,act4  #b4       
,def9itions ,9 ?is ,act3 7#a7 ,av]age   
,u4,s4 h\sehold ,! t]m av]age ,u4,s4    
h\sehold means a h\sehold 9 ! ,unit$    
,/ates e>n+ less ?an ! m$ian h\sehold   
income = ! prior ye>1 z det]m9$ by !    
,unit$ ,/ates ,c5sus ,bureau4  7#b7     
,basic h\sehold necessities ,! t]m basic
 h\sehold necessities includes ! foll[+ 
exp5ditures1 z def9$ by ! ,bureau (     
,labor ,/ati/ics on ,janu>y #a1 #bjbf3  
7,a7 ,food at home4  7,b7 ,own$ dwell+s4
  7,c7 ,r5t$ dwell+s4  7,d7 ,gasol9e &  
o!r fuels4  7,e7 ,m$ical s]vices4  7,f7 

,utilities1 fuels1 & public s]vices4    
7#c7 ,co-*air ,! t]m co-*air means an   
individual appo9t$ to s]ve z a co-*air (
 ! ,commission "u section               
#h7;a77#c77;,b74  7#d7 ,commission ,!   
t]m ,commission means ! ,co/-(-,liv+    
,commission e/abli%$ "u section         
#h7;a77#a74  7#e7 ,c\ncil ,! t]m ,c\ncil
 means ! ,c\ncil ( ,economic ,advis]s   
e/abli%$ "u section #aj ( ! ,employm5t  
,act ( #aidf 7#ae ,u4,s4,c4 #ajbc74     
7#f7 ,l>ge corporation ,! t]m l>ge      
corporation means any bus9ess t is n a  
small bus9ess conc]n1 z def9$ 9 section 
#c ( ! ,small ,bus9ess ,act 7#ae        
,u4,s4,c4 #fcb74  7#g7 ,outside exp]t ,!
 t]m outside exp]t means an individual  
:o is n an elect$ (ficial or an (fic] or
 employee ( ! ,f$]al ,gov]nm5t or ( any 
,/ate4  7#h7 ,special ,advisor ,! t]m   
,special ,advisor means any individual  
appo9t$ to ! role ( ,special ,advisor to
 ! ,presid5t "u section #d7c77;,a74     
7#i7 ,/ate ,! t]m ,/ate means a ,/ate1 !
 ,di/rict ( ,columbia1 ! ,commonweal? ( 

,pu]to ,rico1 & any o!r t]ritory or     
possession ( ! ,unit$ ,/ates4  #c4      
,decl>ation ( em]g5cy ) respect to co/ (
 liv+  7a7 ,decl>ation ,!re is h]eby    
decl>$ an em]g5cy ) respect to ! high   
co/ ( liv+ fac+ ! p ( ! ,unit$ ,/ates4  
7b7 ,t]m9ation  7#a7 ,9 g5]al ,except z 
provid$ by p>agraph 7#b71 ! em]g5cy     
decl>$ "u subsection 7a7 %all t]m9ate on
 ! date t is #ahj days aft] ! date ( !  
enactm5t ( ?is ,act4  7#b7 ,ext5sion ,! 
em]g5cy decl>$ "u subsection 7a7 may    
cont9ue aft] ! date describ$ 9 p>agraph 
7#a7 if !re is enact$ into law a jo9t   
resolution ext5d+ ! em]g5cy4  7#c7      
,exp$it$ proc$ures ,a jo9t resolution   
describ$ 9 p>agraph 7#b7 %all be        
consid]$ 9 accordance ) ! proc$ures set 
=? 9 section #bjb7;c7 ( ! ,national     
,em]g5cies ,act 7#ej ,u4,s4,c4          
#afbb7;c774  #d4 ,actions to be tak5 by 
! ,c\ncil ( ,economic ,advis]s dur+ a   
co/-(-liv+ em]g5cy ,dur+ ! p]iod t !    
em]g5cy decl>$ "u section #c is 9       
effect1 ! ,presid5t1 act+ ?r\gh ! ,*air 

( ! ,c\ncil1 %all und]take ! foll[+     
actions3 7#a7 ,updat$ advisory m&ate ,9 
c>ry+ out ! duties describ$ 9 section   
#aj7;c7 ( ! ,employm5t ,act ( #aidf 7#ae
 ,u4,s4,c4 #ajbc7;c771 ! ,c\ncil %all   
prioritize economic analysis & advice   
address+ ! foll[+ subjects3 7,a7 ,!     
af=dability ( basic h\sehold            
necessities4  7,b7 ,! economic pressures
 impact+ l[- & middle-income families4  
7,c7 ,! di/ributional consequ5ces (     
,f$]al economic policy4  7#b7           
,e/abli%m5t ( ,co/-(-liv+ ,em]g5cy      
,(fice ,n lat] ?an #g days aft] ! date (
 enactm5t ( ?is ,act1 ! ,*air ( !       
,c\ncil %all e/abli% )9 ! ,c\ncil a     
,co/-(-liv+ ,em]g5cy ,(fice t %all be   
responsible = coord9at+ :ole ( ,gov]nm5t
 ef=ts to r$uce ! co/s ( basic h\sehold 
necessities4  7#c7 ,designation (       
p]sonnel  7,a7 ,9 g5]al ,pursuant to !  
au?ority "u section #aj7;b7 ( !         
,employm5t ,act ( #aidf 7#ae ,u4,s4,c4  
#ajbc7;b771 ! ,*air ( ! ,c\ncil %all    
appo9t p]sonnel to s]ve 9 ! foll[+      

roles3 7i7 ,special ,advisor to !       
,presid5t = ,groc]y ,co/s1 :o %all s]ve 
z ! pr9cipal advisor to ! ,presid5t =   
all issues relat+ to ! co/s ( food at   
home 9 ! ,unit$ ,/ates4  7ii7 ,special  
,advisor to ! ,presid5t = ,h\s+ ,co/s1  
:o %all s]ve z ! pr9cipal advisor to !  
,presid5t = all issues relat+ to ! co/s 
( own$ or r5t$ dwell+s = individuals 9 !
 ,unit$ ,/ates4  7iii7 ,special ,advisor
 to ! ,presid5t = ,utility ,co/s1 :o    
%all s]ve z ! pr9cipal advisor to !     
,presid5t = all issues relat+ to ! co/ (
 utilities1 fuels1 & public s]vices =   
individuals 9 ! ,unit$ ,/ates4  7iv7    
,special ,advisor to ! ,presid5t =      
,heal? ,c>e ,co/s1 :o %all s]ve z !     
pr9cipal advisor to ! ,presid5t = all   
issues relat+ to ! co/ ( heal?          
insurance1 heal? c>e s]vices1 &         
m$ications = individuals 9 ! ,unit$     
,/ates4  7v7 ,special ,advisor to !     
,presid5t = ,transportation ,co/s1 :o   
%all s]ve z ! pr9cipal advisor to !     
,presid5t = all issues relat+ to-- 7,i7 

! co/ ( gasol9e & o!r transportation    
fuels = individuals 9 ! ,unit$ ,/ates2  
7,,ii7 co/s associat$ ) own+ or leas+ a 
p]sonal vehicle = individuals 9 ! ,unit$
 ,/ates2 &  7,,iii7 o!r co/s relat+ to  
transportation to or f "w1 s*ool1 or o!r
 ess5tial activities = individuals 9 !  
,unit$ ,/ates4  7vi7 ,special ,advisor  
to ! ,presid5t = ,wages1 :o %all s]ve z 
! pr9cipal advisor to ! ,presid5t = all 
issues relat+ to wages ( individuals 9 !
 ,unit$ ,/ates4  7,b7 ,duties ,ea*      
,special ,advisor appo9t$ to a role "u  
subp>agraph 7,a7 %all c>ry out ! foll[+ 
duties3 7i7 ,assemble & lead a task =ce 
to be made up ( memb]s ( ! ,cab9et 7or !
 designees ( su* memb]s71 ! heads (     
indep5d5t regulatory ag5cies1 z def9$ 9 
section #cejb ( title #dd1 ,unit$ ,/ates
 ,code1 & o!r s5ior executive bran*     
(ficials :o %all meet n less frequ5tly  
?an weekly to discuss actions t may be  
tak5 to r$uce ! co/s ( ! goods & s]vices
 & /r5g!n h\sehold wages )9 ! purview ( 
! ,special ,advisor4  7ii7 ,prep>e a    

weekly report to be di/ribut$ to !      
,presid5t1 ,vice ,presid5t1 ! ,*ief (   
,/aff to ! ,presid5t1 ! ,director ( !   
,(fice ( ,managem5t & ,budget1 ea* memb]
 ( ! ,cab9et1 & o!r s5ior employees s]v+
 9 ! ,executive ,(fice ( ! ,presid5t t--
 7,i7 provides details on ! co/s ( goods
 & s]vices )9 ! purview ( ! ,special    
,advisor2 &  7,,ii7 id5tifies actions t 
may be tak5 to l[] ^? co/s4  7iii7 ,ho/ 
regional li/5+ sessions focus$ on ! co/s
 ( ! goods & s]vices )9 ! purview ( !   
,special ,advisor t-- 7,i7 are held 9   
geographically div]se regions ( ! ,unit$
 ,/ates2  7,,ii7 all[ memb]s ( ! public 
to p>ticipate & %>e conc]ns relat$ to ! 
co/s ( goods & s]vices )9 ! purview ( ! 
,special ,advisor2 &  7,,iii7 occur n   
less frequ5tly ?an #c times p] ye>4     
7iv7 ,prep>e a summ>y report ( ea*      
regional li/5+ session held "u clause   
7iii7 & %>e ! report ) ! ,c\ncil1 !     
,jo9t ,economic ,committee1 ! ,speak] ( 
! ,h\se ( ,repres5tatives1 & ! ,presid5t
 ( ! ,s5ate4  7v7 ,provide te/imony to !

 ,jo9t ,economic ,committee n less      
frequ5tly ?an once a ye> to id5tify     
actions t may be tak5 to r$uce ! co/s ( 
! goods & s]vices )9 ! purview ( !      
,special ,advisor4  7#d7 ,/ate (        
,h\sehold ,budgets report ,e #c mon?s1 !
 ,c\ncil %all submit a ,/ate ( ,h\sehold
 ,budgets report to ! ,presid5t1 !      
,commission1 & ! ,jo9t ,economic        
,committee t includes in=mation relat+  
to ! foll[+ metrics3 7,a7 ,! m$ian      
h\sehold pur*as+ p[] 9 ! ,unit$ ,/ates4 
7,b7 ,! real wage gr[? net ( h\s+ &     
heal? co/s 9 ! ,unit$ ,/ates4  7,c7     
,h\sehold debt-to-income burd5s 9 !     
,unit$ ,/ates4  7,d7 ,regional          
af=dability indexes 9 ! ,unit$ ,/ates4  
7,e7 ,basic h\sehold necessities        
inflation measures4  #e4 ,h\sehold co/s 
impact /atem5ts  7a7 ,9 g5]al ,dur+ !   
p]iod t ! em]g5cy decl>$ "u section #c  
is 9 effect1 ! ,adm9i/rator ( ! ,(fice (
 ,in=mation & ,regulatory ,affairs ( !  
,(fice ( ,managem5t & ,budget %all      
require ea* ag5cy head to include a     

h\sehold co/s impact /atem5t 9 any major
 regulatory action submitt$ to !        
,adm9i/rator4  7b7 ,cont5ts ,a h\sehold 
co/s impact /atem5t %all include-- 7#a7 
! e/imat$ effects ( ! regulatory action 
= an av]age ,u4,s4 h\sehold2  7#b7 !    
regional v>iation 9 co/ burd5s on !     
av]age ,u4,s4 h\sehold2  7#c7 ! e/imat$ 
b5efits t a l>ge corporation might see f
 ! regulatory action2 &  7#d7 an        
analysis det]m9+ :e!r ! regulatory      
action w\ld provide m b5efits = ! av]age
 ,u4,s4 h\sehold or l>ge corporations4  
7c7 ,public availability ,ea* ag5cy head
 %all make any h\sehold co/s impact     
/atem5t submitt$ "u subsection 7a7      
publicly available unless national      
security prohibits disclosure4  #f4     
,em]g5cy en=cem5t ( price g\g+ laws  7a7
 ,e/abli%m5t ,dur+ ! p]iod t ! em]g5cy  
decl>$ "u section #c is 9 effect1 !     
,attorney ,g5]al & ! ,*air ( ! ,f$]al   
,trade ,commission %all jo9tly e/abli% a
 task =ce to be kn[n z ! ,jo9t ,task    
,=ce on ,consum] ,co/s 79 ?is section   

ref]r$ to z ! ,task ,=ce74  7b7         
,composition ,! ,task ,=ce %all be      
compos$ (-- 7#a7 ! ,attorney ,g5]al 7or 
a designee71 :o %all s]ve z a ,co-,*air2
  7#b7 ! ,*air ( ! ,f$]al ,trade        
,commission 7or a designee71 :o %all    
s]ve z a ,co-,*air2 &  7#c7 su* o!r     
(fic]s & employees ( ! ,dep>tm5t (      
,ju/ice & ! ,f$]al ,trade ,commission z 
! ,co-,*airs may jo9tly designate1      
includ+-- 7,a7 attorneys f ! ,antitru/  
,division ( ! ,dep>tm5t ( ,ju/ice2  7,b7
 attorneys f ! ,bureau ( ,competition & 
! ,bureau ( ,consum] ,protection ( !    
,f$]al ,trade ,commission2 &  7,c7      
economi/s & inve/igators ) exp]tise 9   
supply *a9 dynamics & retail pric+4  7c7
 ,duties ,! ,task ,=ce %all coord9ate ! 
ef=ts ( ! ,f$]al ,gov]nm5t to prev5t &  
prosecute price g\g+ & o!r              
anticompetitive practices dur+ ! p]iod t
 ! em]g5cy decl>$ "u section #c is 9    
effect1 includ+ by-- 7#a7 monitor+      
retail & :olesale price increases =     
ess5tial goods & s]vices2  7#b7 %>+     

in=mation & evid5ce betwe5 ! ,dep>tm5t (
 ,ju/ice & ! ,f$]al ,trade ,commission  
reg>d+ pot5tial violations ( ,f$]al law2
  7#c7 inve/igat+ bus9ess & indu/ry     
practices t inflate co/s = h\seholds2   
7#d7 initiat+ jo9t inve/igations into   
suspect$ anticompetitive practices1     
unfair or deceptive acts or practices1 &
 unfair & illegal pric+ practices su* z 
price g\g+1 price-fix+1 & price         
discrim9ation2  7#e7 provid+ guidance to
 ,/ate attorneys g5]al to ensure a      
coord9at$ national response to localiz$ 
unfair & illegal pric+ practices2 &     
7#f7 e/abli%+ a c5traliz$ public portal 
= consum]s & :i/lebl[]s to report       
suspect$ anticompetitive1 unfair or     
deceptive practices1 & unfair & illegal 
pric+ practices4  7d7 ,en=cem5t p[]s ,9 
c>ry+ out its duties "u subsection 7c71 
! ,task ,=ce %all utilize all au?orities
 available to ! ,dep>tm5t ( ,ju/ice & ! 
,f$]al ,trade ,commission1 includ+      
au?orities "u-- 7#a7 ! ,f$]al ,trade    
,commission ,act 7#ae ,u4,s4,c4 #da et  

seq472  7#b7 ! ,%]man ,act 7#ae         
,u4,s4,c4 #a et seq472  7#c7 ! ,clayton 
,act 7#ae ,u4,s4,c4 #ab et seq472 &     
7#d7 any o!r ,f$]al /atute prohibit+    
fraud1 ho>d+1 or ! manipulation ( prices
 9 int]/ate comm]ce4  7e7 ,res\rce %>+  
,! ,attorney ,g5]al & ! ,*air ( ! ,f$]al
 ,trade ,commission may-- 7#a7 detail   
p]sonnel to ! ,task ,=ce on a           
non-reimbursable basis2 &  7#b7 not)/&+ 
any o!r provision ( law1 %>e            
inve/igative files1 data1 & te*nical    
res\rces if-- 7,a7 su* %>+ is necess>y =
 ! p]=mance ( ! duties ( ! ,task ,=ce "u
 subsection 7c72 &  7,b7 appropriate    
protections = confid5tial bus9ess       
in=mation are ma9ta9$4  7f7 ,report+ ,n 
lat] ?an #fj days aft] ! e/abli%m5t ( ! 
,task ,=ce1 & e #ij days !reaft] until !
 ,task ,=ce is t]m9at$ pursuant to      
subsection 7g71 ! ,co-,*airs %all submit
 a report on ! activities ( ! ,task     
,=ce1 includ+ ! numb] ( inve/igations   
op5$ & ! /atus ( en=cem5t actions1 to-- 
7#a7 ! ,committee on ! ,judici>y ( !    

,s5ate2  7#b7 ! ,committee on ,comm]ce1 
,sci5ce1 & ,transportation ( ! ,s5ate2  
7#c7 ! ,committee on ! ,judici>y ( !    
,h\se ( ,repres5tatives2 &  7#d7 !      
,committee on ,en]gy & ,comm]ce ( !     
,h\se ( ,repres5tatives4  7g7 ,t]m9ation
 ,! ,task ,=ce %all t]m9ate on ! date t 
is #cj days aft] ! expiration or        
rescission ( ! em]g5cy decl>$ "u section
 #c4  7h7 ,rule ( ,con/ruction ,no?+ 9  
?is ,act %all be con/ru$ z au?oriz+ !   
,dep>tm5t ( ,ju/ice or ! ,f$]al ,trade  
,commission to susp5d1 t]m9ate1 or      
deprioritize any ongo+ inve/igation1    
en=cem5t action1 or litigation initiat$ 
by ! ,task ,=ce t is ongo+ at ! "t !    
,task ,=ce t]m9ates pursuant to         
subsection 7g74  #g4 ,use ( au?orities  
"u ,def5se ,production ,act ( #aiej  7a7
 ,cov]$ ag5cy head def9$ ,9 ?is section1
 ! t]m cov]$ ag5cy head means ! head (  
an ag5cy to :om ! ,presid5t delegat$1 "u
 section #bja7;a7 ( ,executive ,ord]    
#acfjc 7#gg ,f$4 ,reg4 #affea2 relat+ to
 national def5se res\rces prep>$ness71  

au?orities "u section #aja ( ! ,def5se  
,production ,act ( #aiej 7#ej ,u4,s4,c4 
#deaa74  7b7 ,m&atory utilization ,dur+ 
! p]iod ! em]g5cy decl>$ "u section #c  
is 9 effect1 ! ,presid5t %all use !     
au?orities provid$ "u title ,,iii ( !   
,def5se ,production ,act ( #aiej 7#ej   
,u4,s4,c4 #deca et seq47 to exp&        
productive capacity ) respect to &      
supply ( basic h\sehold necessities4    
7c7 ,requirem5ts  7#a7 ,/rategic plan ,n
 lat] ?an #ae days aft] ! date (        
enactm5t ( ?is ,act1 ! ,presid5t1 act+  
?r\gh ea* cov]$ ag5cy head1 %all develop
 a /rategic plan = ! exp5diture ( funds 
f ! ,def5se ,production ,act ,fund 7#ej 
,u4,s4,c4 #decd7 to increase ! dome/ic  
supply ( basic h\sehold necessities4    
7#b7 ,economic impact analysis ,ea*     
cov]$ ag5cy head %all conduct a cont9u\s
 assessm5t ( ! dome/ic indu/rial base )9
 ! purview ( ! cov]$ ag5cy head to      
id5tify supply *a9 bottl5ecks t         
contribute to price volatility = basic  
h\sehold necessities4  7#c7 ,evid5ti>y  

requirem5t = project execution ,!       
,presid5t may n execute a contract1     
loan1 or pur*ase commitm5t "u ?is       
section unless a relevant cov]$ ag5cy   
head submits a writt5 c]tification to ! 
,presid5t t ! propos$ activity support$ 
by ! contract1 loan1 or pur*ase         
commitm5t-- 7,a7 is directly support$ by
 empirical economic data2 &  7,b7 c be  
reasonably prov5 to result 9 a r$uction 
( ! retail or :olesale co/ ( a specific 
basic h\sehold necessity )9 #ahj days ( 
! comm5cem5t ( ! activity4  7#d7        
,au?oriz$ actions ,9 c>ry+ out          
subsection 7a71 ! ,presid5t may c>ry out
 ! foll[+ actions3 7,a7 ,loan gu>antees 
& loans ,issue gu>antees & make loans "u
 sections #cja & #cjb ( ! ,def5se       
,production ,act ( #aiej 7#ej ,u4,s4,c4 
#deca1 #decb7 to small- & m$ium-siz$    
bus9esses to mod]nize facilities = !    
production ( basic h\sehold necessities4
  7,b7 ,pur*ase commitm5ts ,execute     
pur*ase commitm5ts "u section #cjc ( !  
,def5se ,production ,act ( #aiej 7#ej   

,u4,s4,c4 #decc7 to make available basic
 h\sehold necessities at a consi/5t     
price to individuals 9 ! ,unit$ ,/ates =
 ! duration ( ! agreem5t4  7,c7         
,production co/ (fset ,provide = subsidy
 paym5ts "u section #cjc7;c7 ( ! ,def5se
 ,production ,act ( #aiej 7#ej ,u4,s4,c4
 #decc7;c77 to (fset ! co/s (           
dome/ically produc$ raw mat]ials        
ess5tial to ! production ( basic        
h\sehold necessities4  7d7 ,exemption f 
national def5se requirem5t ,"u          
subsections 7b7 & 7c71 ! ,presid5t %all 
ex]cise ! au?orities provid$ "u title   
,,iii ( ! ,def5se ,production ,act (    
#aiej 7#ej ,u4,s4,c4 #deca et seq47 )\t 
reg>d to any requirem5t ( t ,act t !    
ex]cise ( su* au?orities be = ! national
 def5se4  #h4 ,congressional action on  
co/-(-liv+ em]g5cy  7a7 ,e/abli%m5t (   
,co/-(-,liv+ ,commission  7#a7          
,e/abli%m5t ,!re is h]eby e/abli%$ 9    
,congress a ,co/-(-,liv+ ,commission4   
7#b7 ,duties  7,a7 ,g5]al ,! ,commission
 %all id5tify policies to-- 7i7         

mean+fully improve ! co/-(-liv+         
situation = ! av]age ,u4,s4 h\sehold 9 !
 %ort- & m$ium- t]m1 includ+ by r$uc+   
co/ driv]s = specifi$ sectors2 &  7ii7  
a*ieve national economic gr[? t ma9ta9s 
a /able & su/a9able co/ ( liv+ ov] !    
long run4  7,b7 ,recomm5dations (       
committees ,n lat] ?an #fj days aft] !  
date ( enactm5t ( ?is ,act1 ea*         
committee ( ! ,s5ate & ! ,h\se (        
,repres5tatives may transmit to !       
,commission any recomm5dations ( !      
committee to fur!r ! legislative        
policies describ$ 9 subp>agraph 7,a74   
7,c7 ,int]im report ,! ,commission may  
meet to consid]1 & vote on1 an int]im   
report on-- 7i7 any f9d+s1 conclusions1 
or recomm5dations ( ! ,commission relat+
 to ! policies id5tifi$ "u subp>agraph  
7,a72 &  7ii7 z ! ,commission det]m9es  
appropriate1 any f9d+s result+ f any    
he>+ held or evid5ce receiv$ by !       
,commission4  7,d7 ,report1             
recomm5dations1 & legislative language  
7i7 ,policy recomm5dations2 p]man5t     

actions  7,i7 ,policy recomm5dations ,n 
lat] ?an #ahj days aft] ! date (        
enactm5t ( ?is ,act1 ! ,commission %all 
meet to consid] & vote on-- 7aa7 a      
report t conta9s a detail$ /atem5t ( !  
f9d+s1 conclusions1 & recomm5dations ( !
 ,commission relat+ to ! policies       
id5tifi$ "u subp>agraph 7,a7 & ! e/imate
 ( ! ,congressional ,budget ,(fice      
requir$ "u p>agraph 7#d77;,d72 &  7bb7  
legislative language to c>ry out !      
recomm5dations ( ! ,commission relat+ to
 ! policies id5tifi$ "u subp>agraph     
7,a71 :i* %all include a /atem5t ( !    
economic & budget>y effects ( !         
recomm5dations4  7,,ii7 ,p]man5t actions
 ,n lat] ?an #cj days be=e ! date on :i*
 ! em]g5cy decl>$ "u section #c         
t]m9ates1 ! ,commission %all meet to    
consid] & vote on-- 7aa7 a report t     
conta9s a detail$ /atem5t ( ! actions t 
7 tak5 9 accordance ) ?is ,act & f9d+s z
 to :e!r any ( ^? actions %\ld be made  
cont9u$ aft] ! date on :i* ! em]g5cy    
decl>$ "u section #c t]m9ates2 &  7bb7  

if ! ,commission f9ds t ! actions tak5 9
 accordance ) ?is ,act %\ld be cont9u$  
aft] ! date on :i* ! em]g5cy decl>$ "u  
section #c t]m9ates1 legislative        
language to c>ry out ! actions1 :i* %all
 include a /atem5t ( ! economic &       
budget>y effects ( ! actions4  7ii7     
,approval ( report & legislative        
language ,a report & legislative        
language ( ! ,commission "u subclause   
7,i7 or 7,,ii7 ( clause 7i7 %all require
 ! approval ( a majority ( ! memb]s ( ! 
,commission1 provid$ t su* majority %all
 be requir$ to include n few] ?an #b    
memb]s ( ! ,commission appo9t$ by memb]s
 ( ! ,republican ,p>ty & n few] ?an #b  
memb]s appo9t$ by memb]s ( ! ,democratic
 p>ty4  7iii7 ,additional views ,a memb]
 ( ! ,commission :o gives notice ( an   
int5tion to file supplem5tal1 m9ority1  
or additional views at ! "t ( ! f9al    
,commission vote on ! approval ( !      
report & legislative language ( !       
,commission "u subclause 7,i7 or 7,,ii7 
( clause 7i7 %all be entitl$ to #c days 

to file ^? views 9 writ+ ) ! /aff       
director ( ! ,commission1 & su* report  
%all be includ$ 9 ! report ( !          
,commission publi%$ "u clause 7iv74     
7iv7 ,report & legislative language to  
be made public ,^u ! approval or        
disapproval by ! ,commission ( a report 
& legislative language "u subclause 7,i7
 or 7,,ii7 ( clause 7i71 ! ,commission  
%all promptly1 & n m ?an #bd h\rs aft] !
 approval or disapproval or1 if timely  
notice is giv5 "u clause 7iii71 n m ?an 
#bd h\rs aft] additional views are fil$ 
"u t clause1 make ! report1 !           
legislative language1 & a record ( !    
vote on ! report & legislative language 
available to ! public4  7v7 ,submission 
( report & legislative language ,if a   
report & legislative language are       
approv$ by ! ,commission "u subclause   
7,i7 or 7,,ii7 ( clause 7i71 n lat] ?an 
#c days aft] ! date on :i* ! report &   
legislative language are made available 
to ! public "u clause 7iv71 !           
,commission %all submit ! report &      

legislative language to ! ,presid5t1 !  
,vice ,presid5t1 ! ,speak] ( ! ,h\se (  
,repres5tatives1 & ! majority & m9ority 
lead]s ( ea* ,h\se ( ,congress4  7vi7   
,ext5sion  7,i7 ,9 g5]al ,! ,commission 
may ext5d ! deadl9e set =? 9 subclause  
7,i7 or 7,,ii7 ( clause 7i71 if !       
,commission det]m9es t additional "t is 
necess>y to complete ! duties ( !       
,commission "u ?is section4  7,,ii7     
,approval ,an ext5sion "u subclause 7,i7
 %all require ! approval ( a majority ( 
! memb]s ( ! ,commission1 provid$ t su* 
majority %all be requir$ to include n   
few] ?an #b memb]s ( ! ,commission      
appo9t$ by memb]s ( ! ,republican ,p>ty 
& n few] ?an #b memb]s appo9t$ by memb]s
 ( ! ,democratic p>ty4  7#c7 ,memb]%ip  
7,a7 ,9 g5]al ,n lat] ?an #ad days aft] 
! date ( enactm5t ( ?is ,act1 & ) due   
consid]ation to ! *airs & rank+ memb]s (
 ! committees & subcommittees (         
,congress t ma9ta9 subject matt]        
jurisdiction1 z applicable1 !           
,commission %all be compos$ ( #ab memb]s

 appo9t$ z foll[s3 7i7 #b individuals f 
among ! ,memb]s ( ! ,s5ate1 & #a outside
 exp]t1 appo9t$ by ! majority lead] ( ! 
,s5ate4  7ii7 #b individuals f among !  
,memb]s ( ! ,s5ate1 & #a outside exp]t1 
appo9t$ by ! m9ority lead] ( ! ,s5ate4  
7iii7 #b individuals f among ! ,memb]s (
 ! ,h\se ( ,repres5tatives1 & #a outside
 exp]t1 appo9t$ by ! ,speak] ( ! ,h\se (
 ,repres5tatives4  7iv7 #b individuals f
 among ! ,memb]s ( ! ,h\se (            
,repres5tatives1 & #a outside exp]t1    
appo9t$ by ! m9ority lead] ( ! ,h\se (  
,repres5tatives4  7,b7 ,co-*airs ,n lat]
 ?an #ad days aft] ! date ( enactm5t (  
?is ,act1 ) respect to ! ,commission--  
7i7 ! lead]%ip ( ! ,s5ate & ,h\se (     
,repres5tatives ( ! same political p>ty 
z ! ,presid5t %all appo9t #a individual 
among ! memb]s ( ! ,commission :o %all  
s]ve z a co-*air ( ! ,commission2 &     
7ii7 ! lead]%ip ( ! ,s5ate & ,h\se (    
,repres5tatives ( ! opposite political  
p>ty z ! ,presid5t %all appo9t #a       
individual among ! memb]s ( !           

,commission :o %all s]ve z a co-*air ( !
 ,commission4  7,c7 ,/aff director ,)   
respect to ! ,commission1 ! co-*airs1   
act+ jo9tly1 %all hire ! /aff director (
 ! ,commission4  7,d7 ,p]iod ( appo9tm5t
 ,! memb]s ( ! ,commission %all be      
appo9t$ = ! life ( ! ,commission4  7,e7 
,vacancy ,any vacancy 9 ! ,commission   
%all n affect ! p[]s ( ! ,commission1 b 
%all be fill$ n lat] ?an #ad days aft] !
 date on :i* ! vacancy occurs1 9 ! same 
mann] z ! orig9al appo9tm5t 0 made4     
7,f7 ,ineligible memb]s ,if a memb] ( ! 
,commission :o 0 appo9t$ z a ,memb] ( ! 
,s5ate or ! ,h\se ,repres5tatives ceases
 to be a ,memb] ( ! ,s5ate or ! ,h\se ( 
,repres5tatives1 z applicable-- 7i7 !   
memb] %all no long] be a memb] ( !      
,commission2 &  7ii7 a vacancy 9 !      
,commission exi/s4  7#d7 ,adm9i/ration  
7,a7 ,9 g5]al ,) respect to !           
,commission1 to ex]cise ! p[]s1         
functions1 & duties ( ! ,commission1 !re
 are au?oriz$ to be disburs$ by ! ,s5ate
 ! actual & necess>y exp5ses ( !        

,commission approv$ by ! co-*airs ( !   
,commission1 subject to ! rules &       
regulations ( ! ,s5ate4  7,b7 ,exp5ses  
,) respect to ! ,commission1 9 c>ry+ out
 ! functions ( ! ,commission1 !         
,commission is au?oriz$ to incur exp5ses
 9 ! same mann] & "u ! same conditions z
 ! ,jo9t ,economic ,committee is        
au?oriz$ "u section #aa7;d7 ( !         
,employm5t ,act ( #aidf 7#ae ,u4,s4,c4  
#ajbd7;d774  7,c7 ,quorum  7i7 ,9 g5]al 
,) respect to ! ,commission1 #g memb]s (
 ! ,commission %all con/itute a quorum =
 purposes ( vot+1 meet+1 & hold+ he>+s4 
7ii7 ,outside exp]ts ,outside exp]ts    
%all n c\nt = purposes ( det]m9+ :e!r   
!re is a quorum "u ?is subp>agraph4     
7,d7 ,congressional ,budget ,(fice      
e/imates ,! ,director ( ! ,congressional
 ,budget ,(fice %all1 ) respect to !    
legislative language propos$ by !       
,commission "u subclause 7,i77bb7 or    
7,,ii77bb7 ( p>agraph 7#b77;,d77i71     
provide to ! ,commission-- 7i7 e/imates 
( ! legislative language 9 accordance ) 

sections #cjh7;a7 & #bja7;f7 ( !        
,congressional ,budget ,act ( #aigd 7#b 
,u4,s4,c4 #fci7;a71 #fja7;f772 &  7ii7  
in=mation on ! budget>y effects ( !     
legislative language on ! long-t]m      
fiscal outlook4  7,e7 ,he>+s  7i7 ,9    
g5]al ,! ,commission may1 = ! purpose ( 
c>ry+ out ?is section1 hold su* he>+s1  
sit & act at su* times & places1 require
 att5dance ( witnesses & production (   
books1 pap]s1 & docum5ts1 take su*      
te/imony1 receive su* evid5ce1 & adm9i/]
 su* oa?s z ! ,commission consid]s      
advisable4  7ii7 ,he>+ proc$ures &      
responsibilities ( co-*airs  7,i7       
,ann\ncem5t ,! co-*airs %all make a     
public ann\ncem5t ( ! date1 place1 "t1 &
 subject matt] ( any he>+ to be conduct$
 "u ?is subp>agraph n lat] ?an #g days  
be=e ! date ( ! he>+1 unless ! co-*airs 
det]m9e t !re is good cause to beg9 su* 
he>+ on an e>li] date4  7,,ii7 ,writt5  
/atem5t ,a witness appe>+ be=e !        
,commission %all file a writt5 /atem5t (
 ! propos$ te/imony ( ! witness n lat]  

?an #b days be=e ! date ( ! appe>ance ( 
! witness1 unless ! co-*airs ( !        
,commission det]m9e t !re is good cause 
= ! witness to n file ! writt5 /atem5t  
or waive ! requirem5t4  7iii7 ,he>+     
requirem5ts ,! ,commission %all hold n  
less ?an #f he>+s "u ?is subp>agraph1   
:i* %all include-- 7,i7 field he>+s     
?r\gh\t ! ,unit$ ,/ates2  7,,ii7 he>+s  
to solicit te/imony f appropriate       
(ficials ( ! executive bran*2 &  7,,iii7
 he>+s to solicit te/imony f ,memb]s (  
,congress 79 ?is subclause def9$ z a    
memb] ( ! ,s5ate or ! ,h\se (           
,repres5tatives1 a ,delegate to ! ,h\se 
( ,repres5tatives1 & ! ,resid5t         
,commission] f ,pu]to ,rico74  7,f7     
,te*nical assi/ance & consultation ,^u  
writt5 reque/ ( ! co-*airs ( !          
,commission1 ! head ( a ,f$]al ag5cy    
7includ+ a legislative bran* ag5cy7 %all
 provide te*nical assi/ance to1 &       
consult )1 ! ,commission 9 ord] = !     
memb]s ,commission to c>ry out ! duties 
( ! ,commission4  7,g7 ,outside exp]t   

,any outside exp]t appo9t$ to !         
,commission-- 7i7 %all n be consid]$ to 
be a ,f$]al employee = any purpose by   
reason ( s]vice on ! ,commission2 &     
7ii7 %all be all[$ travel exp5ses1      
includ+ p] diem 9 lieu ( subsi/5ce1 at  
rates au?oriz$ = employees ( ag5cies "u 
sub*apt] ,i ( *apt] #eg ( title #e1     
,unit$ ,/ates ,code1 :ile away f ! home 
or regul> place ( bus9ess ( ! outside   
exp]t 9 ! p]=mance ( s]vices = !        
,commission4  7#e7 ,/aff ( ,commission  
7,a7 ,9 g5]al ,! co-*airs ( ,commission 
may jo9tly appo9t & fix ! comp5sation ( 
/aff ( ! ,commission z ! co-*airs       
det]m9e necess>y1 9 accordance ) !      
guidel9es1 rules1 & requirem5ts relat+  
to employees ( ! ,s5ate4  7,b7 ,e?ical  
/&>ds  7i7 ,s5ate ,a memb] ( !          
,commission appo9t$ by a ,memb] ( !     
,s5ate & /aff ( ! ,commission %all adh]e
 to ! e?ics rules ( ! ,s5ate4  7ii7     
,h\se ( ,repres5tatives ,a memb] ( !    
,commission appo9t$ by a ,memb] ( !     
,h\se ( ,repres5tatives %all be gov]n$  

by ! e?ics rules & requirem5ts ( ! ,h\se
 ( ,repres5tatives4  7#f7 ,t]m9ation ,! 
,commission %all t]m9ate #cj days aft] !
 date ! ,commission submits ! f9al      
report "u p>agraph 7#b77;,d77v74  7b7   
,fund+ ,fund+ = ! ,commission %all be   
d]iv$ 9 equal portions f-- 7#a7 !       
cont+5t fund ( ! ,s5ate f !             
appropriations acc\nt ,miscellane\s     
,items1 subject to ! rules & regulations
 ( ! ,s5ate2 &  7#b7 ! applicable       
acc\nts ( ! ,h\se ( ,repres5tatives4